Central banks are shifting strategies while tech leaders chase massive funding. Hong Kong launches its first regulated stablecoin for institutions, Kevin Weil seeks $750M for his new AI venture after leaving OpenAI, and South Korea's central bank breaks tradition by purchasing gold ETFs.

August 13, 2026 — 694 words / ~4.6 min

Stories covered:

  1. Hong Kong's First Regulated Stablecoin Goes Live for Institutions
  2. Kevin Weil Wants $750M for AI Startup He Just Left OpenAI to Build
  3. Bank of Korea Buys Gold ETFs After 13-Year Physical-Only Streak