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Newsom hits ‘reckless’ military display after highway patrol vehicle hit by shrapnel

California Gov. Gavin Newsom (D) called Saturday’s Marine Corps live-fire training demonstration in his state “reckless” after a California Highway Patrol (CHP) vehicle was damaged. CHP said Sunday that one of its vehicles, on Interstate 5, was damaged by metal shrapnel from an explosive artillery shell fired during the demonstration at Camp Pendleton in San…

Weeks after its release, the mid-range Lenovo Idea Tab Plus with AI and a pen is hugely discounted

You clearly don’t have a lot of time to take advantage of this outstanding “flash sale”, which makes a remarkably affordable tablet. even more remarkable.

Hong Kong Moves Forward with Stablecoins While Beijing Signals Concern

The Securities and Futures Commission participated in a seminar organised by the Association of Fund Administrators of Hong Kong and the Greater Bay Area last week. The event aimed to raise awareness of regulatory compliance standards in the digital asset sector. Meanwhile, Chinese technology firms, including Ant Group and JD. com, have paused plans to issue stablecoins in Hong Kong following concerns from Beijing regulators over privately controlled digital currencies. Digital assets meet tradfi in London at the fmls25The People’s Bank of China and the Cyberspace Administration of China reportedly instructed the companies to halt initiatives, highlighting mainland authorities’ caution amid Hong Kong’s growing stablecoin and tokenization efforts. Collaboration Focused on Tokenised Fund ManagementEric Yip, the SFC’s Executive Director of Intermediaries, delivered a keynote speech to over 150 participants, including fund and digital asset professionals, as well as legal and compliance experts. The seminar covered risk management and control measures for digital asset funds and tokenised funds. Discussions emphasised the need for collaborative efforts within the fund industry to enhance technical and regulatory compliance capabilities and to adopt new technologies in fund management. RMB Internationalisation Drives Hong Kong Tokenized Product PlansChina is adjusting its approach to digital currencies by allowing limited room for fiat-referenced stablecoins to support the international use of the renminbi (RMB). In case you are wondering about cross-border RMB settlement amount (blue), this has clearly been rapidly increasing in the past few yrs. Trading (orange) settlement has also been increasingly settled in RMB due to the fear that Chinese financial system could face SWIFT sanction pic. twitter. com/X2imA2G8cp- tphuang (@tphuang) October 12, 2025Amid strict mainland capital controls and the 2021 crypto ban, Hong Kong has become a controlled testbed, introducing a licensing regime for stablecoin issuers on August 1, 2025. The framework positions the city as a hub for tokenized financial products, highlighting the careful balance between innovation and regulatory oversight in which both the SFC seminar and Beijing’s caution over private stablecoins are taking place. This article was written by Tareq Sikder at www. financemagnates. com.

Stunning meteor fireball over northern Spain (Oct 19)

This amazing bolide was spotted from Spain on October 19, at 6:01 local time (equivalent to 4:01 universal time). It was as bright as the full Moon. The event was generated by a rock (a meteoroid) from a comet that hit the atmosphere at about 249,000 km/h. The fireball overflew Spain. It began at an altitude of about 140 km over Fresno de la Ribera (province of Zamora), moved west, and ended at a height of around 82 km over Villardiegua de la Ribera (province of Zamora). This bright meteor was recorded in the framework of the SMART project, operated by the Southwestern Europe Meteor Network (SWEMN) from the meteor-observing stations located at Huelva, La Hita (Toledo), Calar Alto, Sierra Nevada, La Sagra (Granada), and Sevilla. The event has been analyzed by the principal investigator of the SMART project: Dr. Jose M. Madiedo, from the Institute of Astrophysics of Andalusia (IAA-CSIC). Its code in the SWEMN database is: SWEMN20251019_040112.