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Bhutan to launch gold-backed TER token on Solana on December 17, 2025 to link bullion with digital finance
Bhutan has introduced TER, a physical gold-backed digital token issued via Gelephu Mindfulness City on the Solana blockchain, with custody provided by DK Bank, the country’s first licensed digital bank. Scheduled to launch on December 17, 2025, TER is intended to give global investors on-chain exposure to gold as part of Bhutan’s wider blockchain and economic strategy, according to Bhutan. The project seeks to combine the perceived stability of gold with the mobility and transparency of blockchain-based assets.
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Tether unveils QVAC Health AI wellness app with offline encryption on Dec 10, 2025
On December 10, 2025, Tether introduced QVAC Health, an AI-powered wellness app that keeps fitness, nutrition, and biometric data encrypted and stored locally on users’ devices, according to QVAC. The issuer of the $186 billion USDT stablecoin is expanding further into artificial intelligence and decentralized technology. Tether also holds a majority stake in brain-computer interface firm Blackrock Neurotech valued at $200 million.
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Coinbase reopens India registrations, resumes crypto trading; fiat support by 2026
Coinbase has reopened app registrations in India and restored crypto-to-crypto trading after pausing local operations in 2023. It plans to enable fiat deposits by 2026, the company said during India Blockchain Week. Indian rules impose a 30% tax on crypto gains and a 1% TDS on each transaction. Coinbase also expanded investment in CoinDCX, valued at $2.45 billion, and maintains over 500 staff in the country.
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