Category: Finance

  • MIL-OSI United Kingdom: £500m Government investment to boost growth and opportunity for underrepresented entrepreneurs

    Source: United Kingdom – Executive Government & Departments

    Press release

    £500m Government investment to boost growth and opportunity for underrepresented entrepreneurs

    Underrepresented investors and fund managers will benefit from £500m of Government backing to help high potential new entrants build the track record they need.

    • £400 million package to back investment fund managers from underrepresented backgrounds and drive growth as part of the government’s Plan for Change.
    • Additional £50 million for female-led venture capital funds, doubling the British Business Bank’s commitment to £100 million and supporting the Invest in Women Taskforce.
    • New report reveals that angel investors are backing more all-female founding teams than all-male teams in the UK for the first time.

    Diverse or underrepresented investors and fund managers will benefit from £500m of Government backing to help high potential new entrants develop the track record they need to become the investors of the future.

    Targeted at women, ethnic minorities, people with disabilities and those from deprived backgrounds, there will be a new £400m package from the British Business Bank starting in 2026, which will operate across three pillars:

    • Back more diverse fund managers directly through the Bank’s Enterprise Capital Funds programme, the Bank’s scheme to support early-stage businesses with high growth potential.
    • Invest more in supporting micro-funds, funds with around £10-15m and the first step on the venture capital ladder for new investors
    • Back partners, such as venture capital funds, to invest smaller amounts in talented individuals to build a track record and to provide training, giving those without personal wealth or connections the opportunity to become investors.

    Research shows just 2p of every £1 invested in venture capital funding in the UK goes to female-founded businesses and only 13% of senior individuals on UK venture capital investment teams are women.

    The initiative announced today aims to reduce the significant gap in venture capital investment for underrepresented founders and investors. It will target at least 50% of investment going to female fund managers.

    By backing diverse and emerging fund managers, the initiative not only strengthens the UK’s venture capital ecosystem but also ensures that entrepreneurial ambition is no longer limited by background, gender, or geography. This targeted support will help build a more dynamic, inclusive economy that works for everyone.

    Unlocking the potential of underrepresented entrepreneurs and breaking down barriers to opportunity will help drive growth as part of the government’s Plan for Change.

    Chancellor of the Exchequer Rachel Reeves, said:

    This is exactly what our Plan for Change is about: breaking down barriers to opportunity and kickstarting the growth that creates jobs and puts money into people’s pockets across the UK.

    This £500 million investment will back diverse and emerging fund managers, making our economy stronger and more dynamic.

    Louis Taylor CBE, Chief Executive Officer, British Business Bank, said:

    To deliver the government’s growth mission it is critical that our most promising entrepreneurs can access the finance they need to grow their businesses, no matter who they are or what their background is. The UK equity market currently experiences a significant funding gap for diverse founders, negatively impacting their ability to start a business.

    This new £400m Investor Pathways Capital initiative will support diverse and emerging fund managers across the UK, in turn supporting talented entrepreneurs currently underserved by the UK equity market. It has the potential to unlock the UK’s full commercial potential and boost the UK economy.

    The initiative comes alongside an additional £50m investment into female-led funds to support the aims of the Invest in Women Taskforce, further expanding access to funding for female investors and entrepreneurs, taking the Bank’s total commitment to £100m.

    The news comes alongside the latest Investing in Women Code report out today, which tracks and promotes investment into women-led businesses. It finds that investing in female and ethnic minority-led businesses could add 13% to the value of the UK equity market, underscoring the importance of backing diverse founders. The Code was launched in 2019 in response to the Rose Review’s findings that a lack of funding was one of the most significant barriers to women seeking to effectively scale a business.

    There has also been promising progress for angel investment from Code signatories – those investing from their personal wealth – with all female investor teams and mixed-gender teams surpassing all male teams for the first time for investment received. Similarly, across all signatories, more female-only teams received funding than mixed-gender and all male teams.

    However, more progress is still needed for investment in women businesses to meet its potential, with the total value of investments going into female led teams much less than that of all-male (15% vs 37%), with the remainder going to mixed teams.

    Minister for Investment Baroness Gustafsson CBE said:

    Women entrepreneurs have so much to contribute to economic growth, so it is encouraging to see progress in this year’s Code, with more female-led teams receiving investment than male for the first time.

    Our Plan for Change is about boosting growth further and that’s why we’re taking action today to support high-potential female-led funds with an extra £50m of funding.

    The report will be launched in a parliamentary reception attended by the Chancellor this afternoon.

    Stakeholder quotes:

    Hannah Bernard OBE, Head of Barclays Business Bank and Co-Chair of the Invest in Women Taskforce, said:

    It’s heartening to see that once again IWC signatories are recognising the value of backing women-led businesses in the UK and are outperforming the broader market – proving that more diverse decision-making teams deliver better outcomes. We’re seeing real momentum in the number of women now shaping investment decisions, and the data shows this is directly linked to greater backing for female entrepreneurs.

    That’s why programmes like the BBB’s new Investor Pathway Capital programme are so important and will help even more women break into Venture Capital. This is a core principle of the Invest in Women Taskforce – when you change who holds the capital, you change who gets funded. 

    The Investing in Women Code plays a vital role in helping us track progress and drive meaningful change across the wider industry and we urge more LPs to sign up and recognise the proven value of backing women. The Invest in Women Taskforce looks forward to deepening its partnership with the IWC to accelerate momentum and unlock the full potential of female entrepreneurs across the UK.

    Michelle Ovens CBE, Founder, Small Business Britain, said:

    Our country’s 5.45 million small businesses represent huge opportunity to power the UK’s economy forward, but the truth is that it is not always a level-playing field out there for entrepreneurs for many intersectional reasons.

    So it is fantastic to see this new dedicated support package announced to help greater support flow towards under-represented entrepreneurial groups – like women, Disabled founders and those from ethnic minority backgrounds. We really applaud this effort and are keen to see the UK backing the rich diversity of British entrepreneurs as much as possible. It will undoubtedly bridge a big gap and has the potential to unlock tremendous growth and opportunity for us all.

    Jenny Tooth OBE, Executive Chair, UK Business Angels Association, said:

    We welcome today’s announcements from the British Business Bank. Backing underrepresented fund managers and doubling support for female-led VC funds are vital steps toward a more inclusive investment ecosystem.

    This year, we saw that angel groups made more investment deals in all-female teams (42%) than in either mixed-gender or all-male teams – a powerful sign of change. These new initiatives will help build on that momentum, and work alongside more angel-backed innovation across the UK.

    Check Warner MBE, Co-founder & Chair, Diversity VC, Co-Founding Partner, Ada Ventures, said:

    To ensure the British economy is truly firing on all cylinders, we must find and back entrepreneurial talent from the widest possible pool. But if we don’t have representation at the investor level, the true potential of exceptional founders who don’t fit traditional moulds will continue to go untapped.

    Building a more diverse cohort of emerging managers is a vital step en route to finding the best talent and driving outsized performance across a stronger tech ecosystem. At Ada Ventures, we’ve learnt from experience that a diverse investing team spots alpha founders that others miss.

    It’s therefore encouraging to see a really meaningful and thoughtful package of interventions being announced by the Government and the British Business Bank today. This will be a key catalyst as Britain strives to become the best place in the world to start, scale and exit a business. I fervently believe that this ambition can go hand-in-hand with an equitable, diverse funding landscape that backs talent from all demographics and walks of life.

    Shayan Chowdhury, Interim Managing Director at Newton Venture Program, said:

    The most effective and enduring way to broaden access to capital for entrepreneurs of every kind is to cultivate an investor talent pool that reflects the diverse nature of society. That means opening up networks to a wider range of people and giving them the opportunity to participate, and thrive, in the venture capital ecosystem.

    This £500m package is a huge step toward that. Allyship matters, but representation is what truly shifts outcomes, and building a more inclusive investor base is the most sustainable route to more equitable entrepreneurship.

    Background

    • The Fifth Investing in Women Code Annual Report can be found online here: Investing in Women Code reports – GOV.UK
    • The Code commits signatories to:
      • Adopt best practices to improve female entrepreneurs’ access to finance needed to start and grow successful businesses
      • Nominate a member of the senior leadership team responsible for supporting equality in all interactions with entrepreneurs
      • Provide annual funding data disaggregated by gender to DBT, based on agreed guidelines. Providing data and analysis helps to promote greater transparency across the industry, highlighting where measures are working and where further measures may be needed.
    • To become a signatory, further information and an online sign up form are available here: https://www.british-business-bank.co.uk/investing-in-women-code/

    About the British Business Bank

    The British Business Bank is the UK Government’s economic development bank. Established in November 2014, its mission is to drive sustainable growth and prosperity across the UK and to enable the transition to a net zero economy, by improving access to finance for smaller businesses. Its remit is to design, deliver and efficiently manage UK-wide smaller business access to finance programmes for the UK Government.

    The British Business Bank’s core programmes support over £17.4bn of finance to almost 64,000 smaller businesses.

    As well as increasing the supply and diversity of finance for UK smaller businesses through its programmes, the Bank works to raise awareness of finance options available to smaller businesses. The British Business Bank Finance Hub provides independent and impartial information to businesses about finance options, featuring short films, expert guides, checklists and articles from finance providers to help make their application a success.

    The British Business Bank is also responsible for administering the Government’s three Coronavirus loan schemes and its Future Fund, together responsible for delivering £80.4bn in finance to 1.67m businesses. These schemes are now closed to new applications.

    Updates to this page

    Published 10 July 2025

    MIL OSI United Kingdom

  • MIL-OSI: Bitwise strengthens European crypto research team with appointment of Max Shannon

    Source: GlobeNewswire (MIL-OSI)

     

     

    • Nomination reflects Bitwise’s continued commitment to research and education
    • Shannon has strong background in token analysis, data-driven research
    • Bitwise publishes a wide range of research seeking to facilitate investor access to rapidly growing digital finance asset class

    10 July 2025. London: Bitwise is pleased to announce the appointment of Max Shannon as Senior Research Associate within its European research team. The move reinforces Bitwise’s ongoing commitment to research and investor education, aimed at making crypto assets more widely accessible to the investment community and support its suite of German domiciled crypto exchange traded products (ETPs), which includes single asset strategies such as Bitcoin, Ethereum and Solana, diversified crypto baskets, and index-based staking ETPs.

    Shannon brings a strong background in token analysis, crypto equities, and data-driven research, and will play a key role in expanding Bitwise’s thought leadership in crypto investing.

    Prior to joining Bitwise, Shannon served as a Crypto & Equity Research Analyst at CoinShares, where he specialized in liquid tokens and publicly listed crypto-related companies. His expertise in Python programming and his hands-on experience analyzing large financial datasets make him a strong fit for Bitwise’s data-centric research approach.

    In his new role, Shannon will report directly to Dr. André Dragosch, Head of Research, Europe at Bitwise, who said: Max’s dual strengths in granular token evaluation and quantitative data analysis align perfectly with our commitment to rigorous, research-first investment strategies. His appointment further strengthens our capabilities in altcoin research and underscores our dedication to delivering institutional-grade insights to our European clients and the investment community.”

    Shannon said: “I’m excited to join such a dynamic and innovative firm as Bitwise, and to work alongside a team of true crypto experts. Being part of a company that places research and investor education at the core of its mission is a unique opportunity for me, and I look forward to contributing to the continued expansion of that vision.”

    Bitwise made its debut on the European market on 18 June 2020, and its portfolio of products has expanded rapidly since then. Its products are designed to integrate seamlessly into traditional portfolios, offering exposure to crypto assets through regulated vehicles— without the operational risks of holding a physical wallet. Based on the country of residence and other applicable local requirements, some of the current offerings may be suitable to individual investors and available via leading brokerage platforms, with features such as physical redemption included as standard. Bitwise publishes regular freely available analysis on the latest developments in the crypto sector, including a weekly commentary, special reports and deep dives on specific topics. Examples are the weekly Crypto Market Compass, the monthly Bitcoin Macro Investor report and the Crypto Market Espresso, an ad-hoc publication focused on market-relevant crypto news and timely insights. Register here or follow our Linkedin newsletter if you’d like to be notified by email when new market commentary and research updates become available. All research is available on the insights section at bitwiseinvestments.eu.

    About Bitwise

    Bitwise is one of the world’s leading crypto specialist asset managers. Thousands of financial advisors, family offices, and institutional investors across the globe have partnered with us to understand and access the opportunities in crypto. Since 2017, Bitwise has established a track record of excellence, managing a broad suite of index and active solutions across ETPs, separately managed accounts, private funds, and hedge fund strategies – spanning both the U.S. and Europe.

    In Europe, for the past five years Bitwise (formerly ETC Group) has developed an extensive and innovative suite of crypto ETPs, including Europe’s most traded bitcoin ETP, or the first diversified Crypto Basket ETP replicating an MSCI digital assets index.

    This family of crypto ETPs is domiciled in Germany and issued under a base prospectus approved by BaFin. We exclusively partner with reputable entities from the traditional financial industry, ensuring that 100% of the assets are securely stored offline (cold storage) through regulated custodians.

    Our European products comprise a collection of carefully designed financial instruments that seamlessly integrate into any professional portfolio, providing comprehensive exposure to crypto as an asset class. Access is straightforward via major European stock exchanges, with primary listings on Xetra, the most liquid exchange for ETF trading in Europe. Retail investors benefit from easy access through numerous DIY/online brokers, coupled with our robust and secure physical ETP structure, which includes a redemption feature. For more information, visit http://www.bitwiseinvestments.eu

    Media contacts:

    JEA Associates
    John McLeod
    00 44 7886 920436
    john@jeaassociates.com

    Important information  
    The information contained in this press release is for information purposes only and does not constitute investment advice, opinions are those of Bitwise and do not constitute an offer or solicitation to buy any financial products or cryptocurrencies. This press release is issued by Bitwise Europe GmbH (“BEU”), a limited company domiciled in Germany, for information only and in accordance with all applicable laws and regulations. BEU gives no explicit or implicit assurance or guarantee regarding the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. It is advised not to rely on the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. Please note that certain products may not be available in all jurisdictions or may be offered exclusively to professional or qualified investors, as defined under applicable laws and regulations, including MiFID II (EU), the Financial Services and Markets Act (UK), and the Swiss Financial Services Act (FinSA). Investors should consult their legal or financial advisors for guidance before making any financial decision. For more details, please visit our website or contact us directly via europe@bitwiseinvesmtents.com

    Before investing in crypto Exchange Traded Products (“ETPs”), potential investors should consider the following:  
    Potential investors should seek independent advice and consider relevant information contained in the base prospectus and the final terms for the ETPs, especially the risk factors. Diversification does not guarantee a profit or protect against a loss. ETPs issued by BEU are suitable only for persons experienced in investing in cryptocurrencies and risks of investing can be found in the prospectus and final terms available on www.bitwiseinvestments.eu. The invested capital is at risk, and losses up to the amount invested are possible. ETPs backed by cryptocurrencies are highly volatile assets and performance is unpredictable. Past performance is not a reliable indicator of future performance. The market price of ETPs will vary and they do not offer a fixed income or match precisely the performance of the underlying cryptocurrency.  Investing in ETPs involves numerous risks including general market risks relating to underlying, adverse price movements, currency, liquidity, operational, legal and regulatory risks. 

    The MIL Network

  • MIL-OSI USA: SETAF-AF forensic team deploys expertise at sea, protects US and allied assets

    Source: United States Army

    1 / 7 Show Caption + Hide Caption – Samantha Beltran, left, Joint Theater Forensic Analysis Center Army CID FXD latent print examiner, demonstrates fingerprint analysis techniques to French Forces in Djibouti personnel at Camp Lemonnier, Djibouti, June 12, 2025. The JTFAC analyzes evidence from the field, including DNA, fingerprints, firearms, and electronic media, to provide actionable intelligence in support of U.S., allied, and partner nation operations across Africa. (U.S. Air Force photo by Staff Sgt. Hardy-Bannerman) (Photo Credit: Staff Sgt. Marcus Hardy-Bannerman) VIEW ORIGINAL
    2 / 7 Show Caption + Hide Caption – Natassha Robinson, Joint Theater Forensic Analysis Center Army CID FXD latent print examiner, demonstrates fingerprint analysis techniques to Japanese Self-Defense Force members at Camp Lemonnier, Djibouti, June 19, 2025. The JTFAC collaborates with various partner forces across the U.S. Africa Command area of responsibility to support operations to enhance regional security and stability. (U.S. Air Force photo by Staff Sgt. Hardy-Bannerman) (Photo Credit: Staff Sgt. Marcus Hardy-Bannerman) VIEW ORIGINAL
    3 / 7 Show Caption + Hide Caption – A sign for the Joint Theater Forensic Analysis Center is displayed at Camp Lemonnier, Djibouti, May 5, 2025. The JTFAC is U.S. Africa Command’s sole provider of comprehensive forensic capabilities across the range of military operations. (U.S. Air Force photo by Senior Airman Joseph Bartoszek) (Photo Credit: Senior Airman Joseph Bartoszek) VIEW ORIGINAL
    4 / 7 Show Caption + Hide Caption – Emily Rue, Joint Theater Forensic Analysis Center, observes a color test to isolate the compound in the sample in Bizerte, Tunisia, April 28, 2025. African Lion 25 (AL25) is set to be the largest annual military exercise in Africa, bringing together over 40 nations, including seven NATO allies and 10,000 troops to conduct realistic, dynamic and collaborative training in an austere environment that intersects multiple geographic and functional combatant commands. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) on behalf of the U.S. Africa Command, AL25 takes place from April 14 to May 23, 2025, across Ghana, Morocco, Senegal, and Tunisia. This large-scale exercise will enhance our ability to work together in complex, multi-domain operations—preparing forces to deploy, fight and win. (U.S. Army Reserve Photo By Lt. Col Dale D. Barnes.) (Photo Credit: Lt. Col. Dale Barnes) VIEW ORIGINAL
    5 / 7 Show Caption + Hide Caption – The Joint Theater Forensic Analysis Center and Tunisian Armed Forces use a variety of chemicals to retrieve serial numbers removed from equipment in Bizerte, Tunisia, April 28, 2025. African Lion 25 (AL25) is set to be the largest annual military exercise in Africa, bringing together over 40 nations, including seven NATO allies and 10,000 troops to conduct realistic, dynamic and collaborative training in an austere environment that intersects multiple geographic and functional combatant commands. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) on behalf of the U.S. Africa Command, AL25 takes place from April 14 to May 23, 2025, across Ghana, Morocco, Senegal, and Tunisia. This large-scale exercise will enhance our ability to work together in complex, multi-domain operations—preparing forces to deploy, fight and win. (U.S. Army Reserve photo by Lt. Col. Dale D. Barnes.) (Photo Credit: Lt. Col. Dale Barnes) VIEW ORIGINAL
    6 / 7 Show Caption + Hide Caption – Lauren Kraul, Joint Theater Forensic Analysis Center, discusses methods to retrieve serial numbers removed from equipment with Tunisian Armed Forces in Bizerte, Tunisia, April 28, 2025. African Lion 25 (AL25) is set to be the largest annual military exercise in Africa, bringing together over 40 nations, including seven NATO allies and 10,000 troops to conduct realistic, dynamic and collaborative training in an austere environment that intersects multiple geographic and functional combatant commands. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) on behalf of the U.S. Africa Command, AL25 takes place from April 14 to May 23, 2025, across Ghana, Morocco, Senegal, and Tunisia. This large-scale exercise will enhance our ability to work together in complex, multi-domain operations—preparing forces to deploy, fight and win. (U.S. Army Reserve Photo By Lt. Col Dale D. Barnes.) (Photo Credit: Lt. Col. Dale Barnes) VIEW ORIGINAL
    7 / 7 Show Caption + Hide Caption – The Joint Theater Forensic Analysis Center and Tunisian Armed Forces collaborate during exercise African Lion 2025 (AL25) in Bizerte, Tunisia, April 28, 2025. Fluorescent lighting is used to view fingerprints on items being tested. AL25 is set to be the largest annual military exercise in Africa, bringing together over 40 nations, including seven NATO allies and 10,000 troops to conduct realistic, dynamic and collaborative training in an austere environment that intersects multiple geographic and functional combatant commands. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) on behalf of the U.S. Africa Command, AL25 takes place from April 14 to May 23, 2025, across Ghana, Morocco, Senegal, and Tunisia. This large-scale exercise will enhance our ability to work together in complex, multi-domain operations—preparing forces to deploy, fight and win. (U.S. Army Reserve photo by Lt. Col. Dale D. Barnes.) (Photo Credit: Lt. Col. Dale Barnes) VIEW ORIGINAL

    Back to

    U.S. Army Southern European Task Force, Africa (SETAF-AF)

    VICENZA, Italy – When U.S. Central Command (CENTCOM) and U.S. Africa Command (AFRICOM) identified a need to gather evidence, the U.S. Army’s Joint Theater Forensic Analysis Center (JTFAC) answered the call. Its forensic team launched into action at sea, turning expertise into real-world impact.

    At the request of the CENTCOM and AFRICOM, JTFAC personnel deployed to collect and analyze forensic evidence from a vessel carrying Iranian-supplied advanced conventional weapons. The seized cargo included ballistic missile components, anti-ship ballistic missile parts and a warhead, all bound for Houthi rebel forces in Yemen.

    The forensic evidence helped secure a June 5, 2025, federal conviction of the ship’s captain, Muhammad Pahlawan, a Pakistani national who worked closely with Iran’s Islamic Revolutionary Guard Corps, on six charges related to smuggling Iranian-made advanced conventional weaponry destined for the Houthis in Yemen, as well as threatening multiple witnesses.

    “The JTFAC forensic team conducted rapid sensitive site exploitation at expeditionary locations, including within the maritime environment,” said U.S. Army Lt. Col. Kyle Thomason, provost marshal for U.S. Army Southern European Task Force, Africa (SETAF-AF), which provides oversight to JTFAC operations.

    To meet the unique demands of a maritime environment, the team rapidly adapted its Fly Away Kit, a mobile forensic toolkit designed for land and sea missions. This self-contained toolkit enabled JTFAC scientists to conduct on-site analysis, including chemical trace detection, biometric collection, and confirmed and inventoried types of weapons and equipment aboard the vessel.

    The vessel’s initial interdiction resulted in the deaths of two Navy SEALs off the coast of Somalia in Jan. 2024, making international headlines at the time. However, the loss of service members was not in vain.

    The interdiction successfully prevented anti-ship ballistic missiles from targeting U.S. and partner-nation vessels. The type of weaponry found aboard the vessel was consistent with the weapon systems used by the Houthi rebel forces during the time of the charged conspiracy against merchant ships and U.S. military vessels in the Red Sea and Gulf of Aden after the October 7, 2023, Hamas attack in Israel.

    “The JTFAC services the Joint Interagency Intergovernmental Multinational community within AFRICOM,” said Thomason. “Their mission enables U.S. and partner nation forces to accomplish AFRICOM campaign objectives.”

    Along with AFRICOM and CENTCOM, U.S. European Command was also involved in this offshore mission, highlighting JTFAC’s reach across geographic boundaries and interagency lines.

    “We’re glad to have had the opportunity to fit into the seams of multiple commands to support this consequential operation,” added Thomason.

    The mission not only demonstrated the center’s technical capabilities, but also deepened collaboration between defense, justice and diplomatic agencies operating in the AFRICOM area of responsibility. It marked a significant milestone in JTFAC’s expanding role as a forensic enabler for both military and civilian partners.

    “The lab is internationally accredited, meaning its scientists can serve as expert witnesses in both the U.S. and abroad,” said Greg Sanson, the JTFAC liaison officer to SETAF-AF. “This comes in handy when either the U.S. or a partner nation wants to take legal action against subjects identified through our forensic analysis.”

    JTFAC’s recent support of African Lion exercises laid the groundwork for this success. During those multinational events, Forensic Exploitation Team (FXT) scientists provided hands-on training to host-nation forces in Tunisia and Morocco, covering topics such as latent fingerprint development, DNA analysis and post-blast evidence recovery.

    In addition, AFRICOM’s exercise Cutlass Express included 21 legal advisors from 12 countries converging in Victoria, Seychelles, Feb. 10-14, 2025. The multinational team discussed legal processes and examined possible scenarios that support search and seizure operations such as the type of mission which brought about this latest conviction.

    “These engagements not only enhance the forensic science capabilities of our partners across the African continent, but also reinforce our center’s readiness for real-world contingencies,” added U.S. Army Maj. Lucas Poon, the JTFAC director at Camp Lemonnier, Djibouti.

    JTFAC’s capabilities stem from both military and civilian personnel, operating under the umbrella of the Department of the Army Criminal Investigation Division (CID). The Army CID’s Forensic Exploitation Division (FXD) staffs the majority of JTFAC positions. While the JTFAC is operationally controlled by SETAF-AF, a unique team from multiple U.S. Army commands enables this function.

    The FXD supports numerous annual partner nation engagements and deploys on six-month rotations as part of the JTFAC in Djibouti.

    “The lab’s ongoing mission provides multiple other benefits to partner nations, civilians and service members who operate in this area,” said Sanson. “Accurate forensic assessments lead to updated tactics, techniques and procedures, as well as revisions to protective equipment and policies to keep people safe now and into the future.”

    As threats grow more complex and transnational, JTFAC continues to prove that science, when deployed with precision, can be a decisive force for justice and security.

    About SETAF-AF

    U.S. Army Southern European Task Force, Africa (SETAF-AF) prepares Army forces, executes crisis response, enables strategic competition and strengthens partners to achieve U.S. Army Europe and Africa and U.S. Africa Command campaign objectives.

    Follow SETAF-AF on: Facebook, X, Instagram, YouTube, LinkedIn & DVIDS.

    MIL OSI USA News

  • MIL-OSI: Ryoko Pro Deep Dive: Why Is Ryoko Pro Wifi Router Gaining Global Recognition in 2025

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 10, 2025 (GLOBE NEWSWIRE) — Let’s face it — these days, being offline isn’t just inconvenient. It’s borderline disabling.

    Whether you’re working remotely, trying to stream content during a long trip, or simply need to upload a file before a deadline, a poor internet connection can throw your whole day off balance. And public Wi-Fi? That’s a gamble — slow, crowded, and in most cases, not exactly secure.

    That’s where the Ryoko Pro Portable Wi-Fi comes in.

    Marketed as a lightweight, travel-friendly portable WiFi hotspot, Ryoko Pro is one of those gadgets you probably didn’t know you needed… until you find yourself stuck without a signal. 

    It’s been gaining traction among digital nomads, business travelers, and even casual users who just want a more reliable way to stay connected while on the move.

    But what exactly is it? How does it work? And is it worth the hype — or just another overpromised travel gadget?

    This article breaks it all down.

    We’ll cover everything from first impressions and setup, to user reviews, how it compares with regular portable Wi-Fi, and whether it’s actually a legit solution or just clever marketing. If you’re considering Ryoko Pro, or just looking for a way to avoid insecure public Wi-Fi, you’re in the right place.

    Let’s dive in.

    What Is Ryoko Pro?

    Ryoko Pro is a portable WiFi router designed to give you reliable, secure internet access wherever you are — without needing to hunt for public Wi-Fi or pay for expensive international data plans.

    At a glance, it looks like a compact travel gadget. But what it actually does is pretty clever: it connects to 4G LTE networks using built-in virtual SIM technology, and then broadcasts a private Wi-Fi signal that your devices — phones, laptops, tablets, etc. — can connect to, just like they would at home.

    That means you can browse, stream, upload, or jump on a Zoom call from just about anywhere, even if you’re miles away from a Starbucks or hotel hotspot.

    Now, it’s not some bulky mobile router meant for tech nerds. Ryoko Pro was clearly built with portability and simplicity in mind. It’s small enough to fit in your pocket or bag, and setup is basically plug-and-play. Press the power button, and it gets to work — no apps, no installations, no calling tech support.

    What makes it different from your phone’s hotspot or regular mobile routers?

    • For one, Ryoko Pro isn’t tied to a single carrier or SIM card. Instead, it uses virtual SIM tech to automatically connect to the strongest local mobile network in whatever country you’re in. That’s a huge plus for travelers.
    • It also offers a secure connection — a key advantage over open public Wi-Fi networks, which are notorious for being easy targets for hackers.
    • And unlike tethering from your phone, Ryoko Pro runs on its own battery — which means no battery drain on your mobile device and better performance overall.

    The device also ships with a pre-installed SIM card that comes loaded with a small amount of free data (usually around 500MB). After that, you can top up only when you need to, without being locked into a monthly subscription.

    To put it plainly: Ryoko Pro is a tool for staying connected in real time — without the drama.

    Whether you’re a remote worker, business traveler, or just someone who wants to stream Netflix at a cabin without relying on hotel Wi-Fi, this device was made to give you a steady internet connection anywhere you go.

    Of course, the big question is: does it actually deliver on those promises?

    We’ll get to that. But first — let’s talk about what you get in the box, and what the first-time setup experience looks like.

    Visit Official Website to Get More Information

    First Impressions: Unboxing the Ryoko Pro

    Unboxing a new gadget can tell you a lot — not just about the product, but about the company behind it. With Ryoko Pro, the experience seems to strike a balance between simplicity and function — no unnecessary extras, no gimmicks, just what you need to get online quickly.

    If you’ve ever unboxed a tech product and felt overwhelmed by wires, thick manuals, and pieces you didn’t expect to assemble — this isn’t that. Everything about Ryoko Pro’s packaging seems to be designed with the traveling user in mind: compact, lightweight, and straightforward.

    Here’s what typically comes in the box:

    • Ryoko Pro device – The main unit is smaller than most smartphones, with a curved, smooth finish and minimalist design. It fits neatly in your palm, pocket, or carry-on without bulking things up.
    • Pre-installed SIM card – A key feature that removes one of the biggest pain points of traditional mobile hotspots. You don’t have to fumble with SIM trays or worry about compatibility. The SIM is already in place and ready to go.
    • USB-C charging cable – Ryoko Pro uses a modern USB-C port, which is a nice touch. It charges faster than outdated micro-USB options, and most users likely already own a USB-C charger from other devices.
    • Quick-start guide – Clear, concise, and actually helpful. The setup steps are so minimal that some people may not even need to read it, but it’s there just in case.

    Some bundles may also include a magnetic charging dock, though that depends on where you buy it from or whether there’s a current promotion. If it’s included, that makes recharging even more convenient — just place the device on the dock and let it juice up, no cables required.

    A few things that stand out:

    • Simplicity: There’s no software to install. No mobile app to download. No need to pair it with a phone first. Just press the power button and it handles the rest.
    • Design: It doesn’t scream “tech gadget.” It’s discreet enough to use in public without drawing attention, which is something frequent travelers and digital nomads appreciate.
    • Ready out of the box: The pre-installed SIM card and built-in global compatibility mean you can literally open it, turn it on, and be online within a minute — no tech skills required.

    For anyone who’s ever struggled setting up a router, dealt with an unreliable tether, or scrambled to connect at an airport, that ease-of-use is a game-changer. And for business travelers or people with tight schedules, the ability to get online immediately — without asking for a Wi-Fi password or registering at some login screen — makes a real difference.

    To be clear, Ryoko Pro is not trying to impress with flashy packaging or dozens of accessories. Instead, it delivers functionality first. And that’s actually what gives off a good first impression — it feels like a tool, not a toy.

    How Does Ryoko Pro Work?

    At first glance, Ryoko Pro might look like just another compact tech gadget. But under the hood, it’s powered by some pretty thoughtful engineering — designed to eliminate the most common headaches travelers and remote workers face when trying to get online.

    Let’s break it down in plain English.

    It Starts With Virtual SIM Technology

    Unlike most mobile hotspots that require you to manually insert a SIM card and configure network settings, Ryoko Pro comes with virtual SIM (vSIM) technology built in.

    What does that mean?

    Basically, the device can digitally switch between multiple local network providers, depending on where you are. When you turn it on, Ryoko Pro searches for the strongest 4G LTE signal in your area, and connects to that automatically — no SIM swapping or physical configuration needed.

    You don’t have to be tied to one telecom provider, nor do you need to fumble with paperclip tools trying to pop open SIM trays in a foreign airport. Ryoko Pro handles all of that behind the scenes.

    Coverage in 75+ Countries

    Because of the way it’s set up, Ryoko Pro is able to work across more than 75 countries. Whether you’re hopping between cities in Europe, road-tripping through the U.S., or working remotely from Southeast Asia, the device connects to local networks to give you internet access almost instantly.

    And no — you don’t need a new plan or contract for each country. You just turn it on, let it scan, and you’re good to go.

    Creating a Secure Personal Wi-Fi Network

    Once connected to the local 4G LTE tower, Ryoko Pro starts broadcasting a private Wi-Fi signal — just like the router in your home.

    You can then connect your:

    • Smartphone
    • Laptop
    • Tablet
    • Smartwatch
    • Even IoT devices (like a Kindle, Chromecast, or portable gaming system)

    …up to 10 devices at once.

    This is a huge deal for people traveling as a group, or for business users who need to be logged in on multiple screens at once. And since it doesn’t rely on your phone’s hotspot feature, you save your mobile battery for more important things — like calls, navigation, or camera use.

    Built-In Security Features

    A standout part of how Ryoko Pro works is its attention to privacy and safety.

    When you connect to public Wi-Fi — say, at a hotel or café — you’re often on an open, unsecured network. That means your data (emails, logins, bank info) can be vulnerable to eavesdropping or interception.

    Ryoko Pro skips that risk entirely by providing a secure internet connection with:

    • Encryption to protect your browsing data
    • A built-in ad blocker to improve speed and filter out trackers
    • Anti-phishing tools that flag sketchy websites trying to mimic legit ones (like “paypall.com” instead of “paypal.com”)

    So even if you’re handling business documents, logging into sensitive accounts, or just streaming while sipping coffee at a rest stop, you’re doing it in a private digital bubble.

    All Without Wires or Setup

    Here’s where things really come together.

    • You don’t need to install software or apps
    • There’s no need to register accounts
    • There’s no complex login screen every time you power on

    Just hold the power button, wait a few seconds, and Ryoko Pro does everything else in the background. It connects to the local tower, creates a hotspot, and lets your devices jump on.

    If you’ve ever tried setting up a traditional mobile router or struggled with inconsistent tethering from your phone, this kind of plug-and-play experience is a major breath of fresh air.

    In short:
    Ryoko Pro works by quietly handling the complex stuff so you can just connect and go. Whether you’re planning a weekend escape or living the digital nomad life, the technology behind it is built to keep you online without slowing you down.

    Next, we’ll look at what specific features make Ryoko Pro stand out from the crowd.

    Visit Official Website to Get More Information

    Key Features of Ryoko Pro Portable Router

    If you’ve ever dealt with slow, unreliable Wi-Fi while traveling — or worse, been locked out of your work because a hotel router decided to have a bad day — then you already know how valuable a dependable portable hotspot can be.

    The Ryoko Pro isn’t just a convenience tool — it’s designed to address the most frustrating parts of staying online when you’re not at home. Below are the core features that set it apart from the typical alternatives.

    Automatic Network Switching with Virtual SIM

    One of Ryoko Pro’s standout features is its virtual SIM technology, which allows it to automatically connect to the strongest available mobile network in your location. Instead of being locked into one carrier, it scans for the best option and connects on the fly — no SIM card swaps, no manual setup.

    This is especially useful for international travelers, since it saves you the hassle (and cost) of buying new SIMs every time you cross a border.

    Global Coverage in 75+ Countries

    Ryoko Pro works across 75+ countries, offering strong, stable internet access whether you’re road-tripping in the U.S., visiting cities across Europe, or exploring remote locations.

    You don’t need to activate a new plan in each country. The built-in connectivity system handles that quietly in the background, giving you the freedom to just power it on and get connected.

    For digital nomads, freelancers, or even a business traveler hopping from meeting to meeting, this kind of seamless cross-border performance is a huge asset.

    Secure, Encrypted Wi-Fi on the Go

    One of the biggest risks with public networks is lack of security — hotel lobbies, cafés, airport lounges… all of them come with hidden dangers like snooping, malware, or phishing traps.

    Ryoko Pro eliminates that risk by creating a secure internet connection that’s yours alone. On top of encryption, it also includes:

    • A built-in ad blocker, which improves performance and protects against tracker-heavy sites
    • Anti-malware screening to prevent accidental downloads from shady domains
    • Phishing protection that helps block impersonator websites

    If you’re someone who handles sensitive data, logs into private work accounts, or just values online privacy, these are more than just bonus features — they’re essentials.

    Long-Lasting Battery Life (Up to 8 Hours)

    Battery anxiety is real, especially if you’re out and about for most of the day.

    Ryoko Pro is built with a long-lasting battery that gives you up to 8 hours of continuous use on a single charge. That’s enough to get through an entire workday, a long flight, or a full day of sightseeing without needing a wall outlet.

    And since it charges via USB-C, you don’t need to worry about carrying around a dedicated charger. It’s compatible with most modern charging cables — just plug in and power up.

    Connect Up to 10 Devices at Once

    Whether you’re a solo traveler with multiple gadgets or part of a group trying to stay connected, Ryoko Pro has you covered. It can support up to 10 connected devices simultaneously — phones, tablets, laptops, smartwatches — without killing the signal.

    This makes it a solid option for:

    • Families on vacation
    • Teams attending conferences
    • Creators uploading large files while livestreaming
    • Even just managing your own tech stack on the go

    No more fighting over who gets the hotspot. Everyone can stay online at the same time.

    Lightweight and Travel-Ready

    Physically, Ryoko Pro is about as travel-friendly as it gets. It’s compact, lightweight, and discreet — small enough to slide into a pocket or the side of a laptop bag without even noticing it’s there.

    There are no dangling wires, no antennas sticking out, and no extra parts to assemble. Just one device that’s ready to go whenever you are.

    For people who travel light or want fewer moving pieces to worry about, that’s a big win.

    No Subscriptions or Contracts

    This is something many people overlook when comparing portable Wi-Fi options. A lot of alternatives require monthly subscriptions, activation fees, or long-term contracts that limit your flexibility.

    With Ryoko Pro, there’s no forced subscription. It comes with a pre-installed SIM card and 500MB of data out of the box. After that, you top up when and how you choose — either through the manufacturer’s site or authorized providers.

    You’re not paying for what you don’t use, and there are no surprise roaming charges buried in a bill later on.

    In a nutshell, Ryoko Pro is built to solve real problems:

    ✔️ Crappy public Wi-Fi
    ✔️ SIM-swapping fatigue
    ✔️ Expensive roaming
    ✔️ Connection dropouts
    ✔️ Battery drain from tethering

    If you’ve dealt with any of those before, this kind of portable solution starts to make a lot of sense.

    Next up, we’ll zoom in on real-world use cases — how people are using Ryoko Pro in everyday situations, from camping trips to client calls.

    Real-Life Use Cases: Where Ryoko Pro Comes In Handy

    One of the best ways to understand the value of a device like Ryoko Pro is to look at the kinds of situations it’s designed for. It’s easy to rattle off features, but the real question is — how does it make life easier for actual people?

    Let’s walk through a few everyday scenarios where a portable hotspot like Ryoko Pro shines.

    Road Trips with Multiple Devices

    Imagine you’re on a long road trip. You’ve got your phone running navigation, your partner’s trying to stream music, the kids are watching YouTube in the backseat, and maybe you’re uploading some footage to your Google Drive.

    That’s a lot of connected devices, and most cars just aren’t equipped to handle that much bandwidth — if they offer any internet access at all.

    Ryoko Pro steps in as a central internet hub. You turn it on, toss it in the glove compartment, and everyone stays online. No signal drops, no burning through your phone’s data plan, and no arguments over whose device gets priority.

    International Travel Without Roaming Stress

    You land in a new country. Your phone greets you with a “Welcome to [insert random country]” text and a vague warning about international charges. Local SIM card stalls are confusing or closed, and the airport Wi-Fi requires a login you can’t translate.

    That’s where Ryoko Pro pays for itself.

    It boots up, finds the strongest local network, and gets you connected without you lifting a finger. Whether you’re in a taxi trying to pull up directions or waiting in a hotel lobby trying to confirm bookings, you’ve got real-time internet right out of the gate.

    No SIM switching. No roaming charges. Just seamless access.

    Camping, Hiking, and Remote Escapes

    Let’s say you’re out in nature — fishing by a lake, hiking into the woods, or just camping in an area with spotty signal. You’re not looking to doom-scroll Instagram, but maybe you do want to check the weather, answer a work email, or stream a game while sitting by the fire.

    Most portable routers would tap out here. But Ryoko Pro has been praised in reviews for maintaining a reliable connection even in areas where traditional mobile service is weak.

    In fact, some verified buyers mention using it to stream video content while off the grid, which says a lot about its stability and signal management.

    Working from Cafés or Public Spaces

    If you’ve ever tried to upload a file or join a Zoom call over crowded café Wi-Fi, you know the pain: slow speeds, laggy video, and random disconnections mid-sentence.

    Ryoko Pro gives you a private network to connect to — no bandwidth sharing with 50 other laptops, and no sketchy public Wi-Fi risks. Whether you’re handling sensitive files, attending a client meeting, or just sending out invoices, the secure internet connection it offers makes remote work feel a lot more like home.

    And because it supports up to 10 devices, you can connect your laptop, phone, and tablet — all without toggling between hotspots or juggling mobile data.

    Streaming or Gaming on the Go

    Not every use case is work-related. Sometimes you just want to watch a show or play a game while you’re stuck at the airport or riding shotgun on a long drive.

    Ryoko Pro has enough bandwidth to handle light gaming and HD streaming, assuming there’s decent 4G LTE coverage in the area. That makes it a solid choice for creators, gamers, or anyone who hates buffering screens.

    Business Travel Without IT Headaches

    Corporate travelers often have multiple devices, tight schedules, and a low tolerance for connectivity issues. Whether it’s checking into flights, joining conference calls, or uploading sales decks, they need to be online — period.

    Ryoko Pro offers that always-ready connection without depending on hotel Wi-Fi (which is often limited, unsecured, or just plain unreliable). With its long-lasting battery and ability to connect multiple devices, it makes sure you’re never one step behind just because of weak signal or a bad login portal.

    Bottom line?

    Ryoko Pro isn’t trying to replace your home broadband setup. It’s built for those moments when you’re not at home, but still need to be just as connected, productive, or entertained. Whether that means checking Slack from a train station, streaming football in the forest, or uploading a pitch deck from a Paris café — the use cases are endless.

    Visit Official Website to Get More Information

    Who Needs Ryoko Pro?

    Not every gadget is for everyone — but Ryoko Pro seems to hit a sweet spot for a very wide range of people. If you’ve ever found yourself stuck without a reliable internet connection — especially when it mattered most — then this device is probably speaking your language.

    Here’s a closer look at who Ryoko Pro is really made for:

    Frequent International Travelers

    Let’s start with the obvious one.

    If you travel across borders even a couple of times a year, you already know the SIM card circus: different providers, incompatible plans, confusing top-ups, and roaming fees that feel like they were made to punish you for leaving the country.

    Ryoko Pro is tailor-made for this crowd. With its virtual SIM technology and support for over 75 countries, it removes the friction from staying connected abroad. Whether you’re jetting across Europe or island-hopping in Southeast Asia, it automatically locks onto the best local network — no SIM tray tools, no guesswork.

    Perfect for:
    Tourists
    Business travelers
    Travel content creators

    Remote Workers & Digital Nomads

    Let’s be real: working remotely sounds like a dream — until the Wi-Fi drops mid-meeting or your file upload stalls at 82%.

    Whether you’re taking work calls from a beach café or sending off proposals from a shared workspace, Ryoko Pro offers a private, secure internet connection that doesn’t depend on the venue’s dodgy router.

    And if you’re the type juggling multiple gadgets — laptop, phone, tablet — Ryoko Pro’s ability to support up to 10 connected devices makes your workflow smoother, not more complicated.

    Perfect for:
    Freelancers
    Digital nomads
     Remote startup teams

    Campers, Hikers & Off-the-Grid Adventurers

    There’s something magical about unplugging from the noise of the world — until you actually need to plug back in for a moment.

    Maybe you need to check a weather report. Or confirm a campsite. Or upload a GoPro video from a trail. Most mobile hotspots fail the moment you’re out of cell-tower range.

    Ryoko Pro, thanks to its strong signal-seeking capabilities, performs better than expected in these fringe zones. Several users have noted how it maintained a reliable connection even in remote cabins, lakeside retreats, or mountainous areas.

    Perfect for:
    Hikers
    Campers
    Vanlifers

    Families Who Travel (or Just Juggle a Lot of Devices)

    Let’s say you’re on a family trip. The kids are streaming cartoons. You’re checking directions. Your partner’s uploading a few photos to social media. And suddenly… your phone’s tethered hotspot buckles under the weight of it all.

    Ryoko Pro supports up to ten devices at once, making it an easy solution for keeping everyone online without splitting bandwidth or running out of mobile data. And since it doesn’t rely on your phone’s battery, you don’t have to deal with the dreaded “Low Power Mode” warning mid-trip.

    Perfect for:
    Traveling families
    Parents with multiple screens to manage
     Households with lots of devices, even at home

    Business Professionals on the Move

    If your calendar’s filled with airport gates, client visits, and coffee-fueled presentations, then slow Wi-Fi isn’t just a nuisance — it’s a liability.

    Ryoko Pro is for people who can’t afford to gamble on café routers or hotel Wi-Fi that’s “included” but barely usable. You can show up at a client’s office, pull out your Ryoko Pro, and know that your video call, presentation, or file transfer won’t suddenly fail you.

    Its long-lasting battery (up to 8 hours per charge) means it’ll likely outlast your day. And its USB-C charging makes it easy to top up alongside your other devices.

    Perfect for:
    Sales reps
    Consultants
     Executives and project managers

    Anyone Who’s Tired of Risky Public Wi-Fi

    Public networks are often slow, crowded, and worse — unsecured. If you’ve ever typed in your bank login or emailed a work document over hotel Wi-Fi, you’ve probably exposed your data more than you realize.

    Ryoko Pro offers a safer alternative. With its private network, encryption, and ad-blocking features, it’s a more secure way to get online — especially when you’re dealing with confidential information.

    Perfect for:
    Privacy-conscious users
    Professionals handling sensitive files
    Anyone who just doesn’t trust “Free Wi-Fi” signs

    In short?

    If you depend on internet access — and let’s be honest, most of us do — Ryoko Pro solves a very real problem. It’s not a luxury; it’s a safety net for your connection. Whether you’re traveling, working remotely, or just sick of unreliable networks, this is the kind of tool that pays for itself the moment your regular options fail.

    Visit Official Website to Get More Information

    Is Ryoko Pro Legit, or Just Another Overhyped Gadget?

    Let’s be honest — the portable Wi-Fi space is full of bold claims and half-baked products. Every few months, a new “game-changing” device pops up promising global coverage, blazing fast speeds, and hassle-free setup. Most of them end up in junk drawers or collecting dust after one or two frustrating uses.

    So where does Ryoko Pro stand in all of this?

    If you’re wondering whether it’s legit or just another overhyped gadget, you’re not alone. It’s actually one of the most searched questions about the product — often worded as “Is Ryoko Pro a scam?” or “Can I trust this portable WiFi router?”

    Here’s what we know based on available research and user feedback:

    A Real, Shippable Product with Active Support

    Ryoko Pro is not some phantom gadget that disappears after you order. It’s a real, tangible product sold directly from the official manufacturer’s website, with a verifiable presence and customer support team.

    Most buyers report receiving the product within a reasonable delivery window, complete with packaging, the device, a pre-installed SIM card, a USB-C charger, and a quick-start manual. So we’re not talking about a vaporware situation here.

    Strong Customer Ratings (When Bought from the Official Source)

    On verified review platforms, Ryoko Pro consistently receives high ratings — often averaging 4.7 to 4.9 stars out of 5. Many users praise:

    • The ease of setup
    • Its lightweight design
    • The fact that it actually connects in areas where traditional service dips
    • And how it simplifies international travel or work on the go

    There are multiple reports from buyers who use it to stream video, manage remote work, or provide internet to several connected devices while traveling — without experiencing frequent signal loss or frustrating lag.

    Negative Reviews Are Usually Linked to Misunderstandings

    As with any tech product, there are some negative reviews floating around, but when you dig deeper, many of them boil down to:

    • Buying from third-party resellers, which may send outdated or counterfeit units
    • Expecting unlimited free data (Ryoko Pro gives you 500MB out of the box, but you do need to top up after that)
    • Or using it in complete signal dead zones where no device — no matter how advanced — would be able to connect

    These aren’t product defects so much as expectation mismatches.

    No Sketchy Subscriptions or Surprise Fees

    This is a common fear — especially for devices sold online. But Ryoko Pro keeps things relatively clean and upfront:

    • You’re not forced into a monthly plan
    • You can top up data only when needed
    • And you get clear, direct pricing on their official portal

    No hidden activation fees. No shady auto-renewals. No confusing mobile contracts.

    Backed by a 30-Day Money-Back Guarantee

    To further support its legitimacy, Ryoko Pro comes with a 30-day money-back guarantee when purchased from the official site. If you get the device, try it out, and it’s not what you expected — you have the option to return it.

    This helps take the edge off for people sitting on the fence, especially if you’re skeptical from past online buying experiences.

    So… Is Ryoko Pro Legit?

    From everything we’ve seen: yes — it’s a legitimate product that does what it claims to do within reasonable expectations.

    It’s not a magic box that gives you free internet forever. And it’s not a replacement for full-home fiber connections. But for its intended use — giving you portable, secure, and fast Wi-Fi access wherever you are — it’s doing the job.

    Just make sure you buy it from the official source, read the fine print on data usage, and manage your expectations (no, it won’t beam internet to you from the top of Everest).

    Next up, we’ll see how Ryoko Pro actually compares to regular portable Wi-Fi routers — because while it’s legit, it’s not the only option out there.

    Visit Official Website to Get More Information

    Ryoko Pro vs. Regular Portable Wi-Fi Devices

    If you’ve been shopping around for a portable WiFi router, you’ve probably come across a bunch of similar-looking devices promising high-speed internet, multiple device support, and easy setup.

    So how does Ryoko Pro stack up against the average portable Wi-Fi device?

    Let’s break it down.

    Setup and Ease of Use

    Ryoko Pro:
    This is one of its strongest points. There’s no need to download an app, create an account, or follow a 12-step configuration guide. You simply press the power button, and within seconds, it starts broadcasting a Wi-Fi signal. The SIM card is already installed, so there’s zero fiddling with trays or settings. Even tech-averse users — think your parents or grandparents — could get this running without a call to customer support.

    Typical Portable Wi-Fi:
    Most other routers require a physical SIM card, manual APN setup, and sometimes even a computer-based configuration. You often need to register with a specific telecom provider, and some require monthly subscriptions before they even work. That’s fine if you’re tech-savvy, but not ideal if you just want something that works out of the box.

    ✔️ Edge: Ryoko Pro

    Global Coverage and Network Flexibility

    Ryoko Pro:
    Thanks to its virtual SIM technology, it can connect to over 75+ countries without requiring you to buy and switch SIM cards. It automatically scans for the best available network wherever you are and connects in seconds.

    Typical Portable Wi-Fi:
    You’re often locked into a single provider or need to swap SIMs manually when you switch regions. This means dealing with local data plans, unfamiliar providers, and inconsistent network quality across borders.

     ✔️ Edge: Ryoko Pro

    Security and Privacy

    Ryoko Pro:
    In addition to encrypted traffic, it comes with a built-in ad blocker, malware protection, and anti-phishing safeguards. For anyone working with sensitive data — or simply uncomfortable connecting to public Wi-Fi — that added layer of safety is a major plus.

    Typical Portable Wi-Fi:
    Most act as basic routers. They don’t offer any built-in security features, and you’re often on your own to install a VPN or other protection software. If you’re not already security-minded, this can be a weak point.

    ✔️ Edge: Ryoko Pro

    Battery Life and Portability

    Ryoko Pro:
    It runs for up to 8 hours on a single charge, depending on usage. That’s enough for a full day of work or travel without needing to recharge. It uses USB-C, which is a modern standard, and some bundles offer a magnetic dock for easy charging. It’s also compact and lightweight — no bigger than a deck of cards.

    Typical Portable Wi-Fi:
    Battery life ranges widely. Some cheap models only last 2–4 hours. Many still use outdated micro-USB ports, and bulkier models take up more bag space or need constant power from a wall outlet.

    ✔️ Edge: Ryoko Pro

    Performance and Signal Reliability

    Ryoko Pro:
    Based on customer feedback, Ryoko Pro is impressively consistent. It has been used successfully in rural cabins, lakeside getaways, and even forests. The ability to find the strongest nearby network, regardless of country, gives it an edge in low-signal or remote areas.

    Typical Portable Wi-Fi:
    Performance varies heavily by provider and hardware quality. Devices tied to one SIM or network often fail in remote areas where that network has weak coverage.

    ✔️Edge: Ryoko Pro

    Cost and Data Flexibility

    Ryoko Pro:
    No subscription is required. You get 500MB free out of the box, and after that, it’s pay-as-you-go. This gives you complete control over your spending — no surprise roaming fees or contracts.

    Typical Portable Wi-Fi:
    Many devices require a monthly subscription or force you into a plan before activation. Others might charge roaming fees that show up weeks after your trip. Some cheaper models have hidden costs, like forced plan renewals or poor-quality data plans.

    ✔️ Edge: Ryoko Pro

    User Experience

    From what we can tell across consumer feedback platforms, Ryoko Pro is designed with real users in mind. The plug-and-play simplicity, pre-installed SIM card, and reliable connection make it one of the few options that balances tech performance with actual everyday usability.

    Regular routers often feel like they were made for IT professionals — Ryoko Pro feels like it was made for you.

    Final Comparison Snapshot

    Feature Ryoko Pro Standard Wi-Fi Device
    Setup Time Under 2 minutes 10–30 minutes (often manual)
    SIM Required? No (vSIM tech) Yes (manual insertion)
    Coverage 75+ countries Limited, provider-specific
    Battery Life Up to 8 hours Varies widely (2–6 hrs)
    Max Devices 10 5–10
    Security Built-in ad + malware blocker Typically none
    Subscription Not required Often required
    Ease of Use Extremely simple Depends on brand/model

    Verdict?

    If you’re looking for a user-friendly, travel-ready, and secure portable hotspot, Ryoko Pro comes out ahead in almost every category that matters — especially for people who don’t want to deal with telecom headaches, complex setups, or fragile battery life.

    Up next, let’s talk about how to actually set up and use the Ryoko Pro — spoiler: it’s easier than brewing a cup of coffee.

    Visit Official Website to Get More Information

    How to Use Ryoko Pro (Setup + Instructions)

    Let’s be honest — most portable Wi-Fi devices feel like they were made by engineers for engineers. They promise fast internet but first require you to decode a setup guide that feels like it was translated by a robot.

    Ryoko Pro? Thankfully, that’s not the case.

    One of the most consistent pieces of feedback from users — across reviews, forums, and consumer reports — is how ridiculously easy it is to set up. Even if you’ve never touched a portable hotspot before, you’ll be up and running in under five minutes.

    Here’s what setup looks like, step by step:

    Step 1: Unbox and Charge It Up

    Inside the box, you’ll find:

    • The Ryoko Pro device
    • A USB-C charging cable
    • A pre-installed SIM card
    • A quick start guide

    Before you get started, it’s a good idea to fully charge the device. Plug it into any USB-C charger (your laptop charger or phone charger should work fine), and wait until the battery indicator hits full. Charging is quick, and once powered up, it offers up to 8 hours of reliable use on a single charge.

    Step 2: Power It On

    There’s a single power button on the device. Press and hold it for a few seconds. You’ll see the device light up and begin its boot-up sequence.

    This is where Ryoko Pro does something cool behind the scenes — it uses its virtual SIM technology to detect your location and automatically connect to the best available 4G LTE network.

    No manual configuration. No SIM tray. No “Insert SIM” errors. Just automatic network selection, every time.

    Step 3: Connect Your Devices

    Once the device is connected to a local mobile network, it begins broadcasting a private Wi-Fi signal — just like your home router.

    To connect:

    • Open Wi-Fi settings on your phone, tablet, laptop, or whatever device you’re using.
    • Look for the Ryoko network name (usually something like “RyokoPro_XXXX”).
    • Select it, and enter the password provided on the device screen or printed inside the box.
    • Boom — you’re online.

    Alternatively, if your phone supports it, you can simply scan the QR code shown on Ryoko Pro’s display. It will auto-connect your device to the Wi-Fi network without needing to type anything.

    Step 4: Use It Like You Would Any Wi-Fi Network

    Once connected, your device behaves exactly like it would on any regular network. That means you can:

    • Stream content
    • Make video calls
    • Send emails
    • Use cloud apps
    • Upload files
    • Scroll social media
    • Even connect multiple devices — up to 10 at the same time

    Whether you’re working, chilling, or doing a bit of both, you’ve now got a secure internet connection to power it all.

    Step 5: Top Up Data as Needed

    Ryoko Pro comes with 500MB of free data, preloaded into the device. It’s a nice starter amount — enough to test it out or get through a day of light usage.

    When you’re ready to top up, it’s as easy as:

    1. Visiting the official recharge portal (listed in the manual)
    2. Entering your device’s serial number or login details
    3. Purchasing data based on your usage — no contracts or forced subscriptions

    You can top up as needed, and rates are generally lower than international roaming or daily hotspot fees.

    Recharging the Battery

    When you’re running low on power, just plug it in using the included USB-C cable. If you opted for a bundle with the magnetic charging dock, even better — just set the device on the dock and let it charge, no cables needed.

    The battery lasts up to 8 hours per full charge, which is more than enough for a day of travel, remote work, or exploring.

    And That’s It — No Tech Skills Required

    No joke — that’s really all there is to it.

    There’s no app to install, no drivers to update, and no confusing interface to figure out. If you can power it on and type in a Wi-Fi password, you’re good to go.

    It’s a breath of fresh air in a product category that often assumes users are part-time network engineers.

    Privacy & Security: How Safe is Ryoko Pro Wi-Fi?

    If you’ve ever connected to hotel Wi-Fi and had that uneasy feeling about logging into your bank account — you’re not alone. These days, online privacy is just as important as having a stable internet connection. In fact, for a lot of people, it’s even more important.

    That’s why Ryoko Pro doesn’t just promise portability and performance — it also puts some real thought into how to protect your connection while you’re on the move.

    Let’s break down what makes it a more secure option than the average café or airport hotspot.

    Private Wi-Fi, Not Public Risk

    Most public Wi-Fi networks are open and shared, meaning anyone nearby can connect. That might sound convenient, but it’s also a breeding ground for problems:

    • Packet sniffing
    • Man-in-the-middle attacks
    • Fake “Free Wi-Fi” networks run by scammers
    • Data harvesting from unsecured logins

    When you connect to Ryoko Pro, you’re not joining a shared public network. You’re connecting to a private signal that’s being generated just for your devices. That immediately cuts out a huge portion of the risk that comes with public Wi-Fi.

    Encrypted Connection

    Ryoko Pro uses encrypted 4G LTE as its base layer — which is a significant upgrade from the wide-open traffic of your average café network.

    What does that mean in real life?

    • Your data (emails, passwords, messages, transactions) is scrambled in a way that makes it unreadable to outside observers.
    • Even if someone wanted to eavesdrop, they’d need to break through encryption protocols designed to resist that kind of attack.

    You might not notice it working, but the secure internet connection running in the background is one of the biggest benefits Ryoko Pro offers — especially if you’re working remotely or accessing sensitive accounts.

    Built-In Ad Blocker and Phishing Protection

    This is something you don’t see in a lot of portable hotspots: Ryoko Pro includes a built-in ad and tracker blocker, which does two things at once:

    1. It improves performance by cutting down on data-draining ads and pop-ups.
    2. It protects your browsing experience by reducing the number of malicious scripts and trackers trying to collect your information.

    It also has phishing protection — a feature that helps block fake websites designed to look like legitimate ones (think “paypaI.com” instead of “paypal.com”).

    These features won’t replace your antivirus or eliminate all risk, but they do add a strong first line of defense, especially if you’re traveling and can’t always control the networks you’re on.

    Safe for Families and Non-Tech Users

    Because the device is set up to automatically create a private, protected network, even less tech-savvy users benefit from improved security without having to know anything about VPNs, firewalls, or browser extensions.

    Parents using Ryoko Pro on road trips, or students connecting through it in libraries or airports, are still shielded from a lot of the nonsense that comes with public Wi-Fi — without even realizing it.

    A Better Option Than VPN-Only Setups

    A lot of travelers try to patch security holes using VPNs alone. VPNs are great — but they only protect traffic after you’re already connected to a network, and they don’t guard against:

    • Fake login portals
    • Malware-infected routers
    • Wi-Fi spoofing in public areas

    With Ryoko Pro, you’re cutting those risks out before they start — by avoiding public networks entirely and instead using a clean, dedicated hotspot that you own and control.

    Final Thought on Security (Ryoko Pro Reviews)

    Ryoko Pro isn’t just a way to get online — it’s a way to stay protected while you do it.

    It’s not military-grade security, and it’s not a replacement for common sense online (don’t click shady links, obviously), but it’s way ahead of the alternatives most people rely on when they travel:

    • Open hotel Wi-Fi
    • Random café networks
    • Mobile hotspots with no encryption
    • Tethering through overworked smartphones

    In today’s internet landscape, where tracking, hacking, and data leaks are way too common, having your own encrypted, ad-blocked, phishing-resistant Wi-Fi router in your pocket just makes sense.

    What Ryoko Pro Won’t Do (Setting Realistic Expectations)

    Let’s be real: no product is perfect, and Ryoko Pro isn’t some miracle device that beams gigabit internet into a mountaintop temple while you sip coffee and stream Netflix in 4K.

    It’s a portable WiFi router, not a magical satellite dish.

    So in the spirit of transparency, let’s talk about what Ryoko Pro won’t do — not because it’s a bad product, but because every tool has its limits, and the last thing you want is to buy something with the wrong expectations.

    It Won’t Work Where There’s Zero Mobile Signal

    This should go without saying, but if you’re in a place where no 4G LTE signal exists, Ryoko Pro can’t create internet out of thin air. It needs access to a mobile network — just like your phone does — to generate a Wi-Fi signal.

    If you’re trekking through dense mountains, remote islands, or deep rural zones without any cell towers nearby, don’t expect Ryoko Pro to perform miracles.

    It does well in low-signal areas, but not in no-signal zones.

    It’s Not a Replacement for Home Broadband

    Ryoko Pro is designed for portability, not power. It’s perfect for travel, remote work, road trips, or backup internet during outages. But it’s not built to replace your high-speed home fiber plan — and it’s not ideal for households streaming across five 4K TVs and downloading giant files all day.

    If you’re expecting gigabit speeds and unlimited data like your home ISP, this isn’t the right tool for that.

    It Doesn’t Come With Unlimited Free Data

    This one trips some people up: yes, Ryoko Pro comes with 500MB of data out of the box, which is enough to test the waters — check your email, send a few files, browse lightly.

    But after that, you’ll need to top up your data manually, and while the rates are reasonable, they’re not unlimited or “free forever.”

    If you’re a heavy data user (think gaming, uploading big video files daily, or constant video conferencing), you’ll go through that data quickly. Just something to factor into your budgeting.

    It Doesn’t Automatically Include a VPN

    Ryoko Pro offers solid baseline privacy protections — encrypted traffic, ad blocking, and anti-phishing tools. But it’s not a full cybersecurity suite, and it doesn’t include a VPN service out of the box.

    If you need extra layers of privacy, especially while dealing with sensitive data, you’ll want to pair it with a reliable VPN app on your devices. Think of Ryoko Pro as your secure connection gateway — it gives you a clean network to build on.

    It Won’t Fix Speed Issues in Congested Networks

    If you’re in a busy location where all networks are jammed — like a packed stadium or major event center — even Ryoko Pro will be limited by what the local 4G infrastructure can offer. It’ll still connect and likely be more stable than public Wi-Fi, but it’s not immune to network congestion.

    It’s good tech — not magic.

    It Won’t Be Worth It If You Rarely Leave Home

    This one’s simple: if you barely travel, don’t work remotely, and only connect to Wi-Fi at home or in the office, Ryoko Pro might be overkill.

    It’s built for mobility, not static day-to-day internet. If your lifestyle doesn’t require reliable internet on the go, you probably won’t get the full value out of it.

    So, Who Is Ryoko Pro Right For? (Ryoko Pro Reviews)

    If you need a secure internet connection while you’re traveling, working remotely, or navigating places where public Wi-Fi just isn’t cutting it, Ryoko Pro makes a lot of sense.

    But if you’re expecting it to replace a full-time ISP, give you unlimited data for free, or work in areas with no cell coverage at all — you’ll end up disappointed.

    Understanding these limits helps you see Ryoko Pro for what it actually is:
    ✅ A reliable, portable solution for when you’re away from home — not a one-size-fits-all answer to all internet problems.

    Pros and Cons of Ryoko Pro

    By this point, you’ve probably got a good sense of what Ryoko Pro offers. But sometimes it helps to lay things out clearly — the good, the not-so-good, and everything in between — especially if you’re still on the fence.

    Here’s a breakdown of the biggest advantages and the realistic drawbacks to help you decide if this device fits your lifestyle.

    Pros of Ryoko Pro

    Plug-and-Play Simplicity

    You don’t need to be a tech wizard. Setup takes under 2 minutes. Power it on, connect your devices, and go — no apps, no confusing settings, no headaches.

    Global Connectivity in 75+ Countries

    Thanks to its virtual SIM technology, Ryoko Pro works seamlessly across borders without the need for physical SIM cards or local providers.

    Secure Internet Connection

    You’re not at the mercy of public Wi-Fi. Ryoko Pro offers encrypted browsing, ad blocking, and phishing protection — ideal for anyone handling sensitive data or simply tired of risky hotel networks.

    Long-Lasting Battery

    With up to 8 hours on a single charge, it easily supports a full day of travel or remote work. And it charges via USB-C, so it’s compatible with most modern charging gear.

    Works in Low-Signal Areas

    Ryoko Pro has a good track record for finding usable 4G LTE connections even in rural areas, vacation homes, or places where your phone’s tethering tends to drop off.

    Connects Up to 10 Devices Simultaneously

    Perfect for solo travelers with lots of gear or families and teams who need to stay online together without juggling connections.

    No Subscriptions Required

    You only pay for data when you need it. No contracts, no hidden fees, and no forced monthly billing. Just pure pay-as-you-go control.

    Ultra-Portable

    It’s small, discreet, and weighs practically nothing. Fits easily into a pocket, purse, or laptop bag.

    Cons of Ryoko Pro

    Doesn’t Work in Signal Blackout Zones

    If you’re completely off-grid with no mobile coverage, the device won’t be able to connect — just like any 4G-based system.

    Not a Replacement for Home Broadband

    While great for travel and backup use, it’s not built for heavy-duty streaming or gaming across multiple devices in a home setting.

    Limited Starter Data

    The 500MB of included data is a nice bonus — but not much more than a trial. You’ll need to top up fairly soon if you plan to use it regularly.

    Doesn’t Include a Built-In VPN

    While it offers strong security basics, it doesn’t come with a VPN service, which some users may want for even greater online privacy.

    Not Available in Retail Stores

    To avoid counterfeit models and ensure warranty support, you’ll need to buy directly from the official website, which might be a hurdle for people used to in-store shopping.

    Final Takeaway

    Ryoko Pro gets the essentials right: it’s reliable, secure, and easy to use, especially for people who live a mobile lifestyle or want a dependable backup internet option.

    Its few limitations are more about understanding its intended purpose — it’s a travel-friendly tool, not a full-blown replacement for your home fiber line.

    If you fit the profile of someone who’s often on the move, works from different locations, or just values having a personal hotspot you can trust, Ryoko Pro is well worth considering.

    Ryoko Pro Price: Is It Worth the Investment?

    Let’s talk numbers. At the time of writing, Ryoko Pro is being offered with tiered pricing based on quantity:

    • 1 Device: $89
    • 2 Devices: $138
    • 3 Devices: $177
    • 4 Devices: $220

    All purchases include:

    • A pre-installed SIM card with 500MB free data
    • USB-C charging cable
    • Setup guide
    • 30-day money-back guarantee

    Compared to traditional roaming charges or travel SIM bundles, it’s actually a solid deal — especially since there are no subscriptions required. You top up data when you need it. No sneaky fees, no contracts. For most people, the upfront cost pays for itself after just one or two trips.

    And let’s be honest: for something that could spare you from bad hotel Wi-Fi or save the day during a business call in a remote location… it’s not a bad trade.

    Where to Buy Ryoko Pro

    This one’s simple: only buy from the official website.

    It’s the only way to:

    • Ensure you’re getting a genuine product
    • Access the latest firmware version
    • Claim the official warranty and support
    • Take advantage of exclusive bundle discounts

    You won’t find Ryoko Pro on Amazon or in major retail chains — and knockoffs do exist. If you’re going to invest, do it the right way.

    Frequently Asked Questions

    Q: Is Ryoko Pro just for travelers?
    Not at all. It’s perfect for remote workers, students, campers, and even as a backup internet option at home.

    Q: Can I use it without a SIM card?
    It comes preloaded with a virtual SIM. No need to insert anything — just power it on and connect.

    Q: How do I top up data?
    You can purchase data plans directly online via the Ryoko dashboard — no third-party hassles.

    Q: Is the data unlimited?
    No. It’s pay-as-you-go. But that also means no surprise overage fees or contract lock-ins.

    Q: Can I return it if I’m not happy?
    Yes, Ryoko Pro offers a 30-day money-back guarantee, no questions asked.

    Final Thoughts

    Ryoko Pro isn’t trying to be everything. It’s not your home Wi-Fi replacement or a power-user’s dream device. But that’s the point.

    It’s for people who want a no-fuss, portable, secure way to stay online — anywhere, anytime. Whether you’re traveling across continents, working from a cabin, or simply tired of dodgy public Wi-Fi, Ryoko Pro brings reliability back into your internet life.

    If peace of mind, portability, and performance matter to you… then this little device just might earn a permanent spot in your backpack.

    Visit Official Website to Get More Information

    Attachment

    The MIL Network

  • MIL-OSI Africa: Committee on Planning, Monitoring and Evaluation Expresses Alarm Over Centralisation Risks of National State Enterprises Bill

    Source: APO


    .

    The Portfolio Committee on Planning, Monitoring and Evaluation has expressed significant concerns regarding the centralisation of state-owned entities (SOEs) as outlined in the National State Enterprises Bill (B1-2024).

    During a meeting on Wednesday, the committee received a briefing from the National Treasury (NT) and the Financial Fiscal Commission (FFC) on the Bill, which aims to develop a strategic approach to enhancing the governance and operational efficiency of SOEs. National Treasury highlighted critical issues, particularly the proposed non-application of the Public Finance Management Act (PFMA) to the holding company and its subsidiaries, which could undermine transparency and accountability in financial management. NT cautioned that the centralisation model poses risks, such as increased political interference and the potential for state capture, emphasising the importance of ensuring that SOEs remain financially sustainable without undue reliance on public funds.

    In its presentation, the FFC stated that it does not support the Bill in its current form, noting that it fails to address longstanding governance concerns experienced over the past 30 years. The FFC recommended that the holding company be established within the National Treasury’s budget baseline, in accordance with Sections 213 and 216 of the Constitution.

    During the questioning phase, committee members raised significant concerns about the centralisation issues presented in the Bill. They argued that a centralised model could lead to a lack of transparency and accountability, making it more vulnerable to corruption and political interference. Members highlighted that consolidating oversight of SOEs under a single holding company might exacerbate existing vulnerabilities rather than mitigate them, potentially creating an environment where decision-making becomes opaque and less subject to scrutiny. Additionally, there were worries that centralisation could undermine the transformative goals for SOEs, distancing them from the necessary checks and balances that ensure equitable governance and public accountability.

    The committee members expressed a strong sentiment that the Bill, as it stands, does not adequately protect the interests of the public or ensure the effective functioning of SOEs. Members highlighted the importance of maintaining robust oversight mechanisms to prevent the erosion of accountability, particularly given the historical context of governance challenges within SOEs. Members voiced their commitment to ensuring that any legislative framework promotes transparency and fosters public trust, arguing that the proposed centralisation could lead to a concentration of power that is detrimental to democratic principles.

    While National Treasury did not explicitly call for the Bill to be withdrawn in its current form, it acknowledged the necessity for reworking the legislation. The committee flagged the risk that the holding company could be controlled by multinational corporations, raising concerns that Parliament might enact a law that leaves the state powerless in managing public funds effectively. Members articulated a shared apprehension that the proposed changes could inadvertently enable the very issues the Bill seeks to address, further complicating the governance landscape for SOEs.

    The committee also raised alarms about the fiscal risks associated with establishing the holding company, particularly the significant funding requirement of R615 million. Members expressed scepticism regarding the feasibility of the innovative funding mechanisms proposed. Furthermore, committee members indicated that the Department of Planning, Monitoring, and Evaluation (DPME) appears to be circumventing the public procurement process, suggesting that the DPME’s approach could remove SOEs from the public procurement environment altogether.

    In response to the FFC’s presentation, the committee welcomed their directness, contrasting it with the more diplomatic approach taken by National Treasury. Following a robust engagement among committee members regarding the next steps for the Bill, there was a prevailing view to pause its progress in light of the presentations received. The committee resolved to seek further guidance and legal advice, as there was overwhelming sentiment among members to halt the process, despite the Bill already being before the committee.

    Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

    MIL OSI Africa

  • MIL-OSI United Kingdom: UK and Japan sign investment partnership to drive economic growth

    Source: United Kingdom – Executive Government & Departments

    World news story

    UK and Japan sign investment partnership to drive economic growth

    New partnership paves way for increased UK investment into Japan, supporting Prime Minister Ishiba’s ambitious foreign investment targets.

    UK-Japan Investment MoC July 2025

    The UK and Japan yesterday signed a Memorandum of Cooperation (MoC) aimed at enabling increased UK investment into Japan, further strengthening the economic ties between the two nations.

    The agreement was signed at the British Embassy in Tokyo by Baroness Poppy Gustafsson of Chesterton CBE, UK Minister for Investment, and Mr. Seto Takakazu, State Minister of the Cabinet Office of Japan, who played an important role in compiling the ‘Program for Promotion of Foreign Direct Investment in Japan 2025’ last month.

    This strategic partnership establishes a formal framework for collaboration to accelerate UK investment into Japan, supporting Prime Minister Ishiba’s ambitious target of more than doubling Japan’s foreign direct investment stocks to JPY120 trillion (approximately £600 billion) in 2030.

     Minister for Investment Baroness Poppy Gustafsson CBE said:

    The UK and Japan share a deep and enduring partnership that is committed to mutual prosperity and growth. That’s why I’m delighted to sign this new partnership with Japan – capitalising on the major opportunities for UK businesses to bring their innovative offers to Japan and grow in the Japanese economy.

    Key growth sectors with strong potential for increased UK investment include clean energy, digital transformation, biotechnology and healthcare, alongside enabling sectors such as legal, professional and financial services.

    This aligns with the UK’s new Industrial Strategy, which sets out plans to transform the UK’s clean energy, digital and technologies, and life sciences sectors over the next decade – providing businesses with the stability and certainty to make long-term investment decisions in the UK.

    The MoC builds upon the foundation of the enhanced global strategic partnership outlined in the Hiroshima Accord of May 2023 and complements existing frameworks such as the UK-Japan Comprehensive Economic Partnership Agreement (CEPA) and both nations’ membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

    To mark the occasion, the British Embassy in Tokyo has launched “Expand in Japan” – an initiative to champion and support UK investors seeking opportunities in the Japanese market. Companies can register their interest here.

    The signing comes as the Minister for Investment Poppy Gustafsson is in Tokyo to meet with key Japanese investors and government partners.

    It also follows the UK’s recent National Day celebration at Expo 2025 Osaka, where the UK Pavilion, themed “Come Build the Future,” has been showcasing Britain as a global hub of innovation.

    Nearly 1,000 Japanese companies have already established operations in the UK, with £87 billion in investment stock. This new agreement aims to strengthen reciprocal investment flows, supporting both nations’ economic growth and security objectives.

    Richard Lyle, President of the British Chamber of Commerce in Japan, said:

    We welcome this close partnership which enables UK companies to invest, innovate, and drive growth in Japan – this is a strong signal of Japan’s openness to high-quality investment. UK companies in Japan already create high-quality jobs across the country, develop deep partnerships, and offer world-leading products, services and solutions to multiple sectors in the market.

    We will continue to work with the UK and Japanese governments to enable further UK investment into Japan. As a membership organisation supporting British companies in the Japanese market, we look forward to seeing more companies doing business here.

    Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific, said:

    This new partnership with the Japanese Government is about turning ambition into action – unlocking opportunities for UK businesses in key sectors aligned with our Industrial Strategy – and building mutual prosperity with Japan. I look forward to the collaboration, innovation, and growth that will emerge following today’s signing.

    Notes to Editors:

    • The UK-Japan relationship has been strengthened through multiple agreements including the 2023 Hiroshima Accord, a bilateral free trade agreement in 2020, UK’s accession to CPTPP in 2024, and the launch of the Economic 2+2 in 2025.
    • This agreement supports both the UK’s Modern Industrial Strategy and Japan’s Program for Promotion of Foreign Direct Investment.
    • For further information, please contact: British Embassy Tokyo at media.tokyo@fcdo.gov.uk

    Updates to this page

    Published 10 July 2025

    MIL OSI United Kingdom

  • MIL-OSI: Bitget Hosts Public Token Sale for pump.fun (PUMP)

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 10, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has launched a public token sale for pump.fun (PUMP), the native token of the viral Solana-based memecoin platform pump.fun.

    The sale opens on July 10, 2025, at 10:00 (UTC) and runs for 24 hours, closing on July 11 at 10:00 (UTC). With a fixed swap price of $0.004 per token, participants can subscribe using USDT and USDC, with individual contributions ranging from 5 to 1,000,000 coins. A total of 150 billion PUMP tokens will be available for sale, representing a $600 million total subscription quota from a total supply of 1 trillion tokens.

    The PUMP token fuels the pump.fun platform, which has become a creative hub for memecoin launches and community experimentation on Solana. The token’s introduction marks a new chapter in enabling crypto-native meme culture and grassroots innovation. Following the token sale, trading for PUMP/USDT will go live on Bitget Spot on July 11 at 12:00 (UTC).

    PUMP is the native utility token of the Pump.Fun platform, which includes the pump.fun launchpad and the swap.pump.fun automated market maker (AMM) protocol. While the platform remains fully permissionless and does not require the token for access, PUMP may be used in promotional activities and future utilities tied to the Pump.Fun ecosystem.

    Bitget continues to expand its footprint in the spot crypto market. With a 24-hour trading volume of over 3.56 billion USDT, Bitget ranks as the third-largest spot exchange, according to Coingecko. The platform supports about 700 tokens, and has previously hosted high-profile token sales, including The WalletConnect Network, Jambo, and Fuel Ignition.

    For more details, visit the official announcement.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: WebsiteTwitterTelegramLinkedInDiscordBitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/21450d7f-47de-4b29-b35a-388ccd53b022

    The MIL Network

  • MIL-OSI NGOs: Africa’s richest four hold more wealth than half the continent – Oxfam

    Source: Oxfam –

    • In 2000, Africa had no billionaires. Today it has 23 whose combined wealth has soared by 56% in just the past five years, reaching a staggering $112.6 billion. 

    • Africa’s richest 5% hold nearly $4 trillion in wealth – more than double the combined wealth of the rest of the continent. 

    • Despite soaring poverty, African governments show least commitment to reducing inequality, and that commitment has declined since 2022. 

    • An extra 1% tax on wealth and 10% tax on income of Africa’s richest 1% could raise $66 billion annually, more than enough to close the funding gaps for free quality education and universal access to electricity. 

    Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people, or half the continent’s population, according to a new Oxfam report.  

    The report Africa’s inequality crisis and the rise of the super-rich launched ahead of the African Union Mid-Year Coordination Meeting in Malabo, Equatorial Guinea, warns that the explosive concentration of wealth is accelerating inequality, driven by policies that enrich elites while starving public services. 

    Fati N’Zi-Hassane, Director, Oxfam in Africa, said:  

    “Africa’s wealth is not missing. It’s being siphoned off by a rigged system that allows a small elite to amass vast fortunes while denying hundreds of millions even the most basic services. This is an utter policy failure —unjust, avoidable and entirely reversible.’’   

    Africa is one of the most unequal regions in the world and has some of the highest poverty rates. Nearly half (23) of the world’s 50 most unequal countries are African, while extreme poverty has soared: seven in ten people living in extreme poverty today are in Africa, compared to just one in ten in 1990. Hunger is also worsening, with nearly 850 million Africans experiencing hunger — an increase of 20 million since 2022.   

    Despite deepening poverty and widening inequalities, African governments remain the least committed globally to narrowing the gap — slashing budgets for public services like education, health and social protection, while imposing some of the world’s lowest wealth taxes on the ultra-rich.  On average, the continent collects just 0.3% of GDP in wealth taxes. This is less than any other region and well below Asia (0.6%), Latin America (0.9%), and OECD countries (1.8%). Over the past decade, that already meagre share has dropped by nearly 25%. 

    For each dollar African countries raise from personal income and wealth taxes, they collect nearly three dollars from indirect taxes like Value Added Tax (VAT) — levies that deepen inequality. 

    The consequences are glaring. Half of Africa’s population live in 19 countries where income inequality has worsened or stagnated over the past decade. The richest 5% in Africa now hold nearly $4 trillion in wealth, more than double the combined wealth of the remaining 95% of the continent’s population. 

    Fatouma, a mother of 10 children who sells vegetables in El Afweyn, Somalia says: “Meat is a luxury we cannot afford in many homes. I earn about two dollars a day while the price of one kilo of flour has tripled.” 

    “Africa’s wealth is not missing. It’s being siphoned off by a rigged system that allows a small elite to amass vast fortunes while denying hundreds of millions even the most basic services. This is an utter policy failure —unjust, avoidable and entirely reversible.’’ 

    Fati N’Zi-Hassane, Director, Oxfam in Africa

    Oxfam International

    The report also finds that:  

    • In just three days, someone in Africa’s richest 1% earns what it takes a person in the poorest half an entire year to make.
    • Even if they lost almost all their wealth (keeping just 0.01%) Africa’s five richest men would still be 56 times richer than the average person on the continent.
    • Men in Africa own three times more wealth than women, the widest gender wealth gap of all regions in the world.
    • Over the past five years, African billionaires have increased their wealth by 56%.  

    As debt burdens mount, governments across the continent are squeezing the poor – gutting essential public services – while shielding the wealthiest from fair taxation. An earlier report by Oxfam and Development Finance International found that 94% of African countries with active World Bank and International Monetary Fund (IMF) loans (44 out of 47 countries) have slashed spending on education, health and social protection in 2023-2024 to repay debt. This significantly undermines the AU’s goal of reducing inequality by 15% over the next 10 years.  

    “The solution is not far-fetched: tax the rich and invest in the majority. Anything less is a betrayal. If African leaders are serious about their commitments, they must stop rewarding the few and start building economies that work for everyone,” added N’Zi-Hassane.  

    Some African governments are already proving that fairer economies are possible. Morocco and South Africa collect 1.5% and 1.2% of their GDP from property taxes, respectively — among the highest in the continent. In Seychelles, the poorest 50% have seen their income share grow by 76% since 2000, while the richest 1% have lost two-thirds of theirs. The government also guarantees universal healthcare, free quality education, along with a robust welfare system for the most vulnerable.   

    A modest tax on Africa’s richest – just 1% more on wealth and 10% more on income – could generate $66 billion a year for the continent (2.29% of Africa’s GDP), according to the report. This would be more than enough to close the funding gaps needed to deliver free quality education and provide electricity to every home and business still in the dark.  

    ‘‘Every African woman, man and child deserves to live in dignity. When a handful of billionaires are allowed to hoard obscene wealth while millions are trapped in poverty, the system becomes not just broken but morally bankrupt. As leaders meet for AU Summit, delay is indefensible. Taxing the super-rich isn’t just fair — it’s essential for building the Africa we want,’’ said N’Zi-Hassane.  

    MIL OSI NGO

  • MIL-OSI NGOs: Africa’s richest four hold more wealth than half the continent – Oxfam

    Source: Oxfam –

    • In 2000, Africa had no billionaires. Today it has 23 whose combined wealth has soared by 56% in just the past five years, reaching a staggering $112.6 billion. 

    • Africa’s richest 5% hold nearly $4 trillion in wealth – more than double the combined wealth of the rest of the continent. 

    • Despite soaring poverty, African governments show least commitment to reducing inequality, and that commitment has declined since 2022. 

    • An extra 1% tax on wealth and 10% tax on income of Africa’s richest 1% could raise $66 billion annually, more than enough to close the funding gaps for free quality education and universal access to electricity. 

    Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people, or half the continent’s population, according to a new Oxfam report.  

    The report Africa’s inequality crisis and the rise of the super-rich launched ahead of the African Union Mid-Year Coordination Meeting in Malabo, Equatorial Guinea, warns that the explosive concentration of wealth is accelerating inequality, driven by policies that enrich elites while starving public services. 

    Fati N’Zi-Hassane, Director, Oxfam in Africa, said:  

    “Africa’s wealth is not missing. It’s being siphoned off by a rigged system that allows a small elite to amass vast fortunes while denying hundreds of millions even the most basic services. This is an utter policy failure —unjust, avoidable and entirely reversible.’’   

    Africa is one of the most unequal regions in the world and has some of the highest poverty rates. Nearly half (23) of the world’s 50 most unequal countries are African, while extreme poverty has soared: seven in ten people living in extreme poverty today are in Africa, compared to just one in ten in 1990. Hunger is also worsening, with nearly 850 million Africans experiencing hunger — an increase of 20 million since 2022.   

    Despite deepening poverty and widening inequalities, African governments remain the least committed globally to narrowing the gap — slashing budgets for public services like education, health and social protection, while imposing some of the world’s lowest wealth taxes on the ultra-rich.  On average, the continent collects just 0.3% of GDP in wealth taxes. This is less than any other region and well below Asia (0.6%), Latin America (0.9%), and OECD countries (1.8%). Over the past decade, that already meagre share has dropped by nearly 25%. 

    For each dollar African countries raise from personal income and wealth taxes, they collect nearly three dollars from indirect taxes like Value Added Tax (VAT) — levies that deepen inequality. 

    The consequences are glaring. Half of Africa’s population live in 19 countries where income inequality has worsened or stagnated over the past decade. The richest 5% in Africa now hold nearly $4 trillion in wealth, more than double the combined wealth of the remaining 95% of the continent’s population. 

    Fatouma, a mother of 10 children who sells vegetables in El Afweyn, Somalia says: “Meat is a luxury we cannot afford in many homes. I earn about two dollars a day while the price of one kilo of flour has tripled.” 

    “Africa’s wealth is not missing. It’s being siphoned off by a rigged system that allows a small elite to amass vast fortunes while denying hundreds of millions even the most basic services. This is an utter policy failure —unjust, avoidable and entirely reversible.’’ 

    Fati N’Zi-Hassane, Director, Oxfam in Africa

    Oxfam International

    The report also finds that:  

    • In just three days, someone in Africa’s richest 1% earns what it takes a person in the poorest half an entire year to make.
    • Even if they lost almost all their wealth (keeping just 0.01%) Africa’s five richest men would still be 56 times richer than the average person on the continent.
    • Men in Africa own three times more wealth than women, the widest gender wealth gap of all regions in the world.
    • Over the past five years, African billionaires have increased their wealth by 56%.  

    As debt burdens mount, governments across the continent are squeezing the poor – gutting essential public services – while shielding the wealthiest from fair taxation. An earlier report by Oxfam and Development Finance International found that 94% of African countries with active World Bank and International Monetary Fund (IMF) loans (44 out of 47 countries) have slashed spending on education, health and social protection in 2023-2024 to repay debt. This significantly undermines the AU’s goal of reducing inequality by 15% over the next 10 years.  

    “The solution is not far-fetched: tax the rich and invest in the majority. Anything less is a betrayal. If African leaders are serious about their commitments, they must stop rewarding the few and start building economies that work for everyone,” added N’Zi-Hassane.  

    Some African governments are already proving that fairer economies are possible. Morocco and South Africa collect 1.5% and 1.2% of their GDP from property taxes, respectively — among the highest in the continent. In Seychelles, the poorest 50% have seen their income share grow by 76% since 2000, while the richest 1% have lost two-thirds of theirs. The government also guarantees universal healthcare, free quality education, along with a robust welfare system for the most vulnerable.   

    A modest tax on Africa’s richest – just 1% more on wealth and 10% more on income – could generate $66 billion a year for the continent (2.29% of Africa’s GDP), according to the report. This would be more than enough to close the funding gaps needed to deliver free quality education and provide electricity to every home and business still in the dark.  

    ‘‘Every African woman, man and child deserves to live in dignity. When a handful of billionaires are allowed to hoard obscene wealth while millions are trapped in poverty, the system becomes not just broken but morally bankrupt. As leaders meet for AU Summit, delay is indefensible. Taxing the super-rich isn’t just fair — it’s essential for building the Africa we want,’’ said N’Zi-Hassane.  

    MIL OSI NGO

  • MIL-OSI: Trifork and Deloitte selected for Swiss Federal Office of Public Health’s DigiSanté framework agreement

    Source: GlobeNewswire (MIL-OSI)

    Press release

    Trifork and Deloitte selected for Swiss Federal Office of Public Health’s DigiSanté framework agreement

    Zurich – 10 July 2025

    Trifork Switzerland has been selected as subcontractor to Deloitte Switzerland on the framework agreement for the lot “Expertise in the field of standards (author and developer) in the healthcare sector” under the DigiSanté program, led by the Swiss Federal Office of Public Health (FOPH/BAG).

    This lot is part of the broader “DigiSanté – Health Business, Standards, Data Science, IT- and Data Security” framework, designed to strengthen the Swiss digital health infrastructure through standards-based development, secure data architecture, and modern health IT practices.

    The agreement covers up to 144,000 hours over nine years across five awarded consortia, amounting to CHF 27.7 to 38.8 million. Specific tasks will be awarded through mini-tenders. While the total scope will depend on these future mini-tenders, this framework positions Deloitte and Trifork to contribute to high-impact healthcare digitalisation projects throughout the contract period.

    “We are pleased to support the Swiss Federal Office of Public Health with our combined expertise in standards, interoperability, and healthcare system architecture. The DigiSanté framework is a cornerstone in the continued digital transformation of the Swiss healthcare system, and we look forward to collaborating closely with Trifork and health authorities.”
    — Rolf Brügger, Partner, Government & Public Services Industry Leader of Deloitte Switzerland

    Trifork brings deep experience from regulated health software development, including CE-marked applications, shared care platforms, and interoperability services across European markets. In Switzerland, the company is actively involved in supporting nationwide initiatives such as the electronic patient dossier (EPD) and broader healthcare ecosystem projects. This builds on Trifork’s growing local presence through digital health partnerships and strategic investments.

    “This collaboration is a natural extension of our commitment to digital health in Switzerland, and we’re excited to collaborate with Deloitte in this fascinating task. Our experience in standards implementation and healthcare-specific technology complements Deloitte’s strategic expertise, positioning us well to support FOPH’s long-term goals.”
    — Fabio Vena, CSO Trifork Switzerland

    More information
    Official award notice: https://www.simap.ch/de/project-detail/0cf68475-d125-4c8b-b4a9-dc379e3ceb71?lot-id=null#zuschlag

    Press contact
    Frederik Svanholm, Group Investment Director, Head of IR & PR
    frsv@trifork.com, +41 79 357 7317

    About the Federal Office of Public Health (FOPH / BAG) (bag.admin.ch)
    The Federal Office of Public Health (FOPH), part of the Swiss Federal Department of Home Affairs, is responsible for public health in Switzerland. The FOPH develops and implements national healthcare policy, ensures access to affordable, high-quality healthcare, and promotes the health and well-being of Switzerland’s population. As the lead authority behind the DigiSanté program, FOPH plays a key role in advancing Switzerland’s digital health infrastructure, setting standards for health data, and enabling secure, efficient and patient-centred health services across the country.

    About Deloitte Switzerland (deloitte.ch)
    Deloitte offers integrated services that include Audit & Assurance, Tax & Legal, Strategy, Risk & Transaction Advisory, and Technology & Transformation. Its approach combines insight and innovation from multiple disciplines with business and industry knowledge to help clients excel anywhere in the world. With around 2,700 employees at six locations in Basel, Berne, Geneva, Lausanne, Lugano and Zurich (headquarters), Deloitte serves companies and organisations of all legal forms and sizes in all industry sectors. Deloitte AG is an affiliate of Deloitte North South Europe (NSE), a member firm of the global network of Deloitte Touche Tohmatsu Limited (DTTL) comprising around 460,000 employees in more than 150 countries. 

    About Trifork (trifork.com)
    Trifork (Nasdaq Copenhagen: TRIFOR) is a pioneering global technology company, empowering enterprise and public sector customers with innovative digital products and solutions. With 1,215 professionals across 71 business units in 16 countries, Trifork specializes in designing, building, and operating advanced software across sectors such as public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. In Switzerland, Trifork is deeply involved in the healthcare tech ecosystem. The Group’s R&D arm, Trifork Labs, drives innovation by investing in and developing synergistic, high-potential technology companies.

    Attachment

    The MIL Network

  • Sensex and Nifty open flat as market prepares for Q1 FY26 earnings season

    Source: Government of India

    Source: Government of India (4)

    The Indian benchmark indices opened flat on Thursday amid mixed global cues, with selling pressure seen in the auto and IT sectors during early trade.

    At around 9:29 am, the Sensex was trading 40.96 points or 0.05 per cent lower at 83,495.12, while the Nifty declined 17.70 points or 0.07 per cent to 25,458.40.

    Nifty Bank was up 29.50 points or 0.05 per cent at 57,243.05 in early trade. The Nifty Midcap 100 index was trading at 59,448, adding 108.40 points or 0.18 per cent. The Nifty Smallcap 100 index stood at 19,057.75, up by 50.35 points or 0.26 per cent.

    According to analysts, with trade and tariff news becoming more routine, the market is now focusing on the upcoming earnings season.

    “The big banks, including JPMorgan Chase, Citigroup, and Wells Fargo, will start reporting next Tuesday. As of now, analysts expect 5.8 per cent earnings growth for the S&P 500 in the second quarter,” said Vikram Kasat, Head-Advisory, PL Capital.

    Expectations from the IT sector remain muted; however, midcap IT companies are likely to post good results along with positive commentary, experts added.

    “Banks, despite strong balance sheets and ample liquidity, are struggling with low credit growth. Outperformers in the banking segment will be those that report healthy credit growth. In autos, M&M and Eicher have the potential to outperform,” they noted.

    Among Sensex constituents, Tata Steel, Axis Bank, Power Grid, Bajaj Finance, M&M, ICICI Bank, and Titan were the top gainers. On the other hand, Tata Motors, Infosys, Sun Pharma, Bharti Airtel, TCS, Asian Paints, NTPC, and HDFC Bank were among the top losers.

    On the institutional front, foreign institutional investors (FIIs) were net buyers of equities worth Rs 77 crore on July 9, while domestic institutional investors (DIIs) were also net buyers, investing Rs 920 crore on the same day.

    In Asian markets, Hong Kong, Seoul, China, and Jakarta were trading in the green, while Japan was trading in the red.

    In the previous session, the Dow Jones in the US closed at 44,458.30, up 217.54 points or 0.49 per cent. The S&P 500 gained 37.74 points or 0.61 per cent to end at 6,263.26, while the Nasdaq closed at 20,611.34, up 192.87 points or 0.94 per cent.

    –IANS

  • MIL-OSI: Bitget Burns 30M BGB Worth $138 Million for Q2 2025

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 10, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is set to burn 30,001,053.1 BGB (2.56% of total supply) tokens for the second quarter of 2025, equivalent to approximately $138 million based on the Q2 2025 average price. This brings the total burn for the first half of the year to over 5% of the total supply of the BGB token, based on Bitget’s strategy of growing the native ecosystem token.

    BGB has emerged as one of the top-performing centralized exchange tokens of 2025, consistently ranking high in terms of trading volume and market capitalization. Since its initial launch, BGB has had several strategic upgrades, evolving into a core asset within the Bitget ecosystem. Its growing popularity is fueled by increasing demand for its utility across various platform features, including staking, fee discounts, Launchpad access, and exclusive campaign eligibility. With over 120 million users in the Bitget ecosystem, BGB runs the infrastructure, as the pillar of support for users incentivization and liquidity across various products.

    The quarterly BGB burn mechanism is an automated, pre-disclosed program that removes a portion of circulating tokens based on revenue performance and BGB usage on the platform. This structured approach shows both the exchange’s growth trajectory and the increasing transactional demand for BGB. As Bitget continues expanding into new regions and product verticals, from AI-powered trading to Launchpool innovations, the utility of BGB keeps increasing across the platform.

    “BGB has become one of the most attractive and best-performing CEX tokens,” said Gracy Chen, CEO of Bitget. “Its utility and growth have been indicators of its potential. With every burn, we invest in BGB’s future that’s driven by its strong community and growth.”

    The recent token burn reduces total supply and builds long-term holder confidence by decreasing inflationary pressure. This creates a more favorable environment for price support and ecosystem maturity. As Bitget grows, the corresponding burn volumes are expected to increase in scale, further increasing the deflationary dynamics that support BGB’s valuation.

    With a focus on platform growth and product innovation, Bitget continues to drive strategic alignment with the token ecosystem. The Q2 burn represents confidence in BGB’s long-term position as a strong utility token within the cryptospace.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/050ab765-e03d-48a9-94e2-3c3cf3562e4d

    The MIL Network

  • MIL-Evening Report: First the dire wolf, now NZ’s giant moa: why real ‘de-extinction’ is unlikely to fly

    Source: The Conversation (Au and NZ) – By Nic Rawlence, Associate Professor in Ancient DNA, University of Otago

    Colossal Biosciences, CC BY-SA

    The announcement that New Zealand’s moa nunui (giant moa) is the next “de-extinction” target for Colossal Biosciences, in partnership with Canterbury Museum, the Ngāi Tahu Research Centre and filmmaker Peter Jackson, caused widespread alarm among scientists.

    This follows the US company’s recreation of a “dire wolf”, which was essentially a genetically engineered grey wolf. But that project was probably easy compared to the latest plan to resurrect the moa.

    I think it’s a pipe dream and there are several reasons why.

    Firstly, birds are harder to “de-extinct” than placental mammals. One would need a surrogate egg to bring chicks to term, and for many moa species there are no eggs from living birds big enough to house a developing chick. In this case, artificial eggs would need to be developed.

    Then there is evolutionary history. From my own work and the research of others, we know the moa is most closely related to the tinamou, a small flying bird in South America.

    To get to the common ancestor of the moa and tinamou, you’d have to go back some 60 million years of evolution. That’s a lot of time for mutations to evolve in genes controlling how moa look, that would need to be re-engineered to bring back moa traits.

    The evolutionary history of the palaeognath group is even deeper. Formerly known as ratites, this group includes the tinamou and lineages of living flightless birds (emu, kiwi, cassowary, rhea, ostrich) and extinct ones (New Zealand’s moa and Madagascar’s elephant birds).

    Genetically engineering a tinamou or any other birds in this group to create a moa hybrid would be challenging given this deep evolutionary timescale – certainly much harder than genetically engineering a grey wolf. And in any case, this would not recreate a moa, but merely something that may look like a moa. As one critic put it, it would not have the mauri (life force) of a moa.

    There are no living analogues of moa within the palaeongath group. We don’t know whether birds created through de-extinction methods would function like a moa in the ecosystem.

    Moa are unique, even among other flightless birds, in that they had no wings – all other flightless birds still have remnant wings. As a start, any genetic engineering would need to target regions of the genome that control the expression of genes for wing formation. This could have unintended consequences.

    Working with moa ethically

    I’m involved in an ongoing project to sequence high-quality genomes of several species of moa in New Zealand to study their evolutionary history.

    In our conversations with tangata whenua around the country, there has been no support for de-extinction. Iwi (tribes) also want moa bone samples and all DNA extracts and sequence data to stay in New Zealand.

    A major question is whether Colossal has undertaken wider engagement. Ngāi Tahu is a very large iwi with lots of individual rūnanga (tribal councils) throughout the South Island.

    My research team has engaged with individual rūnanga, and we know they are opposed to de-extinction. I would like Colossal, Canterbury Museum and the Ngāi Tahu Research Center to disclose how widely they consulted across Ngāi Tahu.

    The numerous iwi at the top of the South Island are also against the de-extinction of the giant moa (or any moa) which also lived in their rohe (region). De-extinction of a giant moa would really need a South Island-wide or even national consensus before going ahead.

    Ecological concerns with de-extinction

    Māori have expressed longstanding concerns about not being involved in discussions about genetic engineering and the potential of bone samples or genetic material going offshore.

    With this announcement, it’s encouraging to see the Ngāi Tahu Research Centre is driving the project and that there are discussions around the need to restore habitat that would be suitable for moa.

    This is a challenge in its own right as there is little left. Parts of the eastern South Island were once covered in mosaics of open forest shrubland that were dominated by kowhai and lancewood, which have no analogue today.

    Even if we were to bring back an extinct species and kept individuals in a game reserve, we would need to produce enough (at least 500) to avoid inbreeding and genetic drift (random loss or retention of genes in a population).

    The birds would require sufficient funding for their ongoing conservation. This raises worries that money could be pulled from efforts to save living endangered species, pushing them closer to extinction.

    It’s undeniable the genetic engineering technology Colossal is developing could have real benefits to the conservation of New Zealand’s endangered species. Let’s say we could genetically engineer a kākāpō so it becomes resistant to a disease. That’s perhaps a project worth doing if there was widespread community support.

    Investing the money that goes into this project in the conservation of New Zealand’s currently endangered biodiversity would, in my view, be better than bringing back moa as an ecotourism venture.

    Nic Rawlence receives funding from Te Apārangi Royal Society of New Zealand Marsden Fund.

    ref. First the dire wolf, now NZ’s giant moa: why real ‘de-extinction’ is unlikely to fly – https://theconversation.com/first-the-dire-wolf-now-nzs-giant-moa-why-real-de-extinction-is-unlikely-to-fly-260797

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Security: New York Man Who Ran $7-Million-Dollar Cryptocurrency Investment Scheme Sentenced To Four Years In Federal Prison

    Source: Office of United States Attorneys

    SAN FRANCISCO – Douglas Jae Woo Kim was sentenced today to 48 months in federal prison for his scheme to defraud investors of over $7 million in cryptocurrency and other funds.  Senior U.S. District Judge Charles R. Breyer handed down the sentence.

    At the conclusion of a three-week trial in February 2025, a federal jury convicted Kim, 32, of New York, New York, on 14 counts of wire fraud, international money laundering, and money laundering, and acquitted him on one count of international money laundering.  At today’s sentencing hearing, Judge Breyer dismissed one count of laundering of monetary instruments, one of the 14 counts on which Kim had been found guilty, on venue grounds.  

    According to court documents and evidence presented at trial, between October 2017 and June 2020, after moving to San Francisco, Kim engaged in a scheme to defraud investors, many of whom were friends and acquaintances, of over $7 million in money and cryptocurrency by holding himself out as a legitimate trader of cryptocurrency.  Kim falsely represented that he was seeking short-term liquidity in the form of loans or investments for cryptocurrency trading or other legitimate business purposes, told victims that the loans carried no risk or very low risk, promised high rates of return on their loans, and claimed that he had sufficient funds to personally guarantee the loans.  

    In October 2017, Kim contacted a victim by text message and said he was looking for investors interested in making what he called a short-term loan for a “fairly modest operation.”  Kim represented that he was investing in a cryptocurrency operation in which he would make a profit from fees charged to a peer-to-peer network and from exchange transactions, and informed the victim that the operation “isn’t very risky to me.”  Kim obtained over a million dollars’ worth of funds from this victim over the course of the scheme, the majority of which went to offshore sports betting sites.

    In November 2017, Kim contacted another victim by email and said he was looking for cryptocurrency for a trading strategy.  Kim assured that the victim that “my activities are fairly low risk.”  In total, Kim obtained over $500,000 in funds from this victim, most of which he sent to offshore sports betting sites.

    In an agreement dated Jan. 1, 2018, Kim set out the terms of a similar investment with a third victim.  The agreement called for the victim to provide cryptocurrency valued at approximately $200,000 at the time.  The same day, Kim converted more than half of the funds to bitcoin and, in the following days, transferred substantially all the converted cryptocurrency to his account with an offshore casino.  Kim went on to obtain over $4 million in funds from this victim.

    Kim defrauded numerous other victims, including nine who testified at trial, until at least July 2020, when he was charged by federal complaint.

    United States Attorney Craig H. Missakian and FBI Special Agent in Charge Sanjay Virmani made the announcement.

    In addition to the prison term, Judge Breyer sentenced Kim to a three-year period of supervised release.  A hearing will be scheduled to determine issues regarding restitution.

    Assistant U.S. Attorneys Noah Stern and Maya Karwande are prosecuting the case with the assistance of Veronica Hernandez, Maryam Beros, Andy Ding, Lynette Dixon, and Christine Tian. The prosecution is the result of an investigation by the FBI and IRS Criminal Investigation. 
     

    MIL Security OSI

  • MIL-OSI Security: New York Man Who Ran $7-Million-Dollar Cryptocurrency Investment Scheme Sentenced To Four Years In Federal Prison

    Source: Office of United States Attorneys

    SAN FRANCISCO – Douglas Jae Woo Kim was sentenced today to 48 months in federal prison for his scheme to defraud investors of over $7 million in cryptocurrency and other funds.  Senior U.S. District Judge Charles R. Breyer handed down the sentence.

    At the conclusion of a three-week trial in February 2025, a federal jury convicted Kim, 32, of New York, New York, on 14 counts of wire fraud, international money laundering, and money laundering, and acquitted him on one count of international money laundering.  At today’s sentencing hearing, Judge Breyer dismissed one count of laundering of monetary instruments, one of the 14 counts on which Kim had been found guilty, on venue grounds.  

    According to court documents and evidence presented at trial, between October 2017 and June 2020, after moving to San Francisco, Kim engaged in a scheme to defraud investors, many of whom were friends and acquaintances, of over $7 million in money and cryptocurrency by holding himself out as a legitimate trader of cryptocurrency.  Kim falsely represented that he was seeking short-term liquidity in the form of loans or investments for cryptocurrency trading or other legitimate business purposes, told victims that the loans carried no risk or very low risk, promised high rates of return on their loans, and claimed that he had sufficient funds to personally guarantee the loans.  

    In October 2017, Kim contacted a victim by text message and said he was looking for investors interested in making what he called a short-term loan for a “fairly modest operation.”  Kim represented that he was investing in a cryptocurrency operation in which he would make a profit from fees charged to a peer-to-peer network and from exchange transactions, and informed the victim that the operation “isn’t very risky to me.”  Kim obtained over a million dollars’ worth of funds from this victim over the course of the scheme, the majority of which went to offshore sports betting sites.

    In November 2017, Kim contacted another victim by email and said he was looking for cryptocurrency for a trading strategy.  Kim assured that the victim that “my activities are fairly low risk.”  In total, Kim obtained over $500,000 in funds from this victim, most of which he sent to offshore sports betting sites.

    In an agreement dated Jan. 1, 2018, Kim set out the terms of a similar investment with a third victim.  The agreement called for the victim to provide cryptocurrency valued at approximately $200,000 at the time.  The same day, Kim converted more than half of the funds to bitcoin and, in the following days, transferred substantially all the converted cryptocurrency to his account with an offshore casino.  Kim went on to obtain over $4 million in funds from this victim.

    Kim defrauded numerous other victims, including nine who testified at trial, until at least July 2020, when he was charged by federal complaint.

    United States Attorney Craig H. Missakian and FBI Special Agent in Charge Sanjay Virmani made the announcement.

    In addition to the prison term, Judge Breyer sentenced Kim to a three-year period of supervised release.  A hearing will be scheduled to determine issues regarding restitution.

    Assistant U.S. Attorneys Noah Stern and Maya Karwande are prosecuting the case with the assistance of Veronica Hernandez, Maryam Beros, Andy Ding, Lynette Dixon, and Christine Tian. The prosecution is the result of an investigation by the FBI and IRS Criminal Investigation. 
     

    MIL Security OSI

  • MIL-OSI Security: Tennessee Man Pleads Guilty To COVID-19 Employment Tax Credit Scheme

    Source: Office of United States Attorneys

    GREENEVILLE, Tenn. – A Tennessee man pleaded guilty today to conspiring to commit wire and mail fraud, aiding and assisting in the preparation of a false tax return, and money laundering, for his role in a scheme to claim refunds based on false COVID-19 employment tax credits.

    The following is according to court documents and statements made in court: Ryan Glidewell conspired with others to file false tax returns seeking refunds based on the Employee Retention Credit and paid Sick and Family Leave Credit, both of which were created by Congress to aid struggling businesses during the COVID-19 global pandemic.  Glidewell and co-conspirators created phony businesses, which lacked any employees or operations, for the sole purpose of falsely claiming the credits.  Glidewell filed numerous false tax returns for those businesses and directed the tax refunds to be mailed to addresses he and co-conspirators controlled.

    In total, the false returns claimed over $3.4 million in tax refunds, of which the IRS paid $1.8 million.

    Glidewell is set to be sentenced on Nov. 12, 2025.  He faces a maximum penalty of 20 years in prison for conspiring to commit mail and wire fraud, a maximum penalty of 10 years in prison for money laundering, and a maximum penalty of three years in prison for aiding and assisting in the filing of a false tax return.  A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division and U.S. Attorney Francis M. Hamilton III for the Eastern District of Tennessee made the announcement.

    IRS Criminal Investigation and the U.S. Secret Service investigated the case.

    Trial Attorney Zachary A. Cobb of the Tax Division and Assistant U.S. Attorney Mac Heavener for the Eastern District of Tennessee are prosecuting the case.

                                                                                                                             ###

    MIL Security OSI

  • MIL-OSI Security: Tennessee Man Pleads Guilty To COVID-19 Employment Tax Credit Scheme

    Source: Office of United States Attorneys

    GREENEVILLE, Tenn. – A Tennessee man pleaded guilty today to conspiring to commit wire and mail fraud, aiding and assisting in the preparation of a false tax return, and money laundering, for his role in a scheme to claim refunds based on false COVID-19 employment tax credits.

    The following is according to court documents and statements made in court: Ryan Glidewell conspired with others to file false tax returns seeking refunds based on the Employee Retention Credit and paid Sick and Family Leave Credit, both of which were created by Congress to aid struggling businesses during the COVID-19 global pandemic.  Glidewell and co-conspirators created phony businesses, which lacked any employees or operations, for the sole purpose of falsely claiming the credits.  Glidewell filed numerous false tax returns for those businesses and directed the tax refunds to be mailed to addresses he and co-conspirators controlled.

    In total, the false returns claimed over $3.4 million in tax refunds, of which the IRS paid $1.8 million.

    Glidewell is set to be sentenced on Nov. 12, 2025.  He faces a maximum penalty of 20 years in prison for conspiring to commit mail and wire fraud, a maximum penalty of 10 years in prison for money laundering, and a maximum penalty of three years in prison for aiding and assisting in the filing of a false tax return.  A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division and U.S. Attorney Francis M. Hamilton III for the Eastern District of Tennessee made the announcement.

    IRS Criminal Investigation and the U.S. Secret Service investigated the case.

    Trial Attorney Zachary A. Cobb of the Tax Division and Assistant U.S. Attorney Mac Heavener for the Eastern District of Tennessee are prosecuting the case.

                                                                                                                             ###

    MIL Security OSI

  • MIL-OSI Australia: ACCC authorises collaboration on sustainable finance initiatives

    Source: Australian Ministers for Regional Development

    The ACCC has issued a determination granting authorisation with conditions to allow the Australian Sustainable Finance Institute (ASFI) and industry participants to collaborate on sustainable finance initiatives for five years.

    The authorisation allows ASFI, ASFI members and other industry participants to exchange information to improve the integration of natural capital data into financial decision-making, co-design investment structures and give effect to limited agreements for co-designed financial products, and develop related regulatory reform proposals.

    The collaborative conduct aims to facilitate the development of sustainable farming practices, support producers to meet sustainability regulations of export destinations, and contribute to emissions reduction targets.

    “The ACCC recognises there can be benefits of businesses working together towards a more sustainable economy, and many sustainability collaborations are unlikely to raise competition concerns,” ACCC Deputy Chair Mick Keogh said.

    “This authorised collaborative conduct will likely result in transaction cost savings, process efficiencies and increase the likelihood of investment supporting positive environmental and social outcomes.”

    The ACCC has specified five conditions of authorisation to address potential public detriments, such as reduced competition in the supply of sustainable finance products and coordinated behaviour in broader financial markets from information sharing.

    “We are able to consider a broad range of sustainability benefits when assessing exemptions from competition law,” Mr Keogh said.

    “This authorised conduct, with the conditions, will likely result in public benefits that outweigh potential community harms.”

    The ACCC has recently published a guide for businesses on sustainability collaborations that aims to help businesses understand how competition law applies to sustainability initiatives.

    Competition law does not need to be a barrier for those considering sustainability collaborations that deliver a net public benefit. A wide range of sustainability collaborations may not breach competition laws. Where there is risk of a potential breach, the ACCC’s authorisation process is flexible and can provide timely legal protection to businesses who wish to work together to achieve better environmental outcomes.

    A copy of the decision is available on the ACCC’s public register.

    Background

    ASFI is a collaboration between representatives of the Australian financial sector, civil society, academia, and financial regulators. Membership is voluntary and open to any corporation in the financial services sector or service provider to financial institutions which is interested in pursuing and supporting ASFI’s objectives.

    The Department of Foreign Affairs and Trade (DFAT) has provided the ASFI with a grant to undertake the ‘Institutional Investor Engagement (Indo-Pacific)’ project to draw private investment into development outcomes in the Indo-Pacific region, including through supporting the development of DFAT’s blended finance portfolio.

    The ACCC granted interim authorisation to the ASFI and its member banks on 7 March 2025, allowing them to discuss and exchange information for the purpose of developing potential banking capital requirement reforms to remove constraints on sustainable finance and investment in Australia. Interim authorisation will remain in place until the final determination comes into effect.

    The ACCC released a draft determination on 17 April 2025 proposing to grant authorisation, with conditions, for five years.

    Note to editors

    ACCC authorisation provides statutory protection from court action for conduct by competitors that might otherwise raise concerns under the competition provisions of the Competition and Consumer Act.

    Broadly, the ACCC may grant an authorisation when it is satisfied that the public benefit from the conduct outweighs any public detriment.

    In December 2024, the ACCC released its guide on sustainability collaborations and Australia competition law to inform businesses and other entities about the interaction between Australian competition law and sustainability collaborations.

    MIL OSI News

  • MIL-OSI Australia: Australian clean energy innovators showcase solutions in India

    Source: Australian Attorney General’s Agencies

    The latest of the Albanese Labor Government’s new trade and investment missions took place in India this week building on the government’s commitment to create jobs and drive growth through stronger international partnerships.

    This mission, one of five announced by the Prime Minister in April, will be attended by 30 delegates from across 22 innovative Australian companies, showcasing Australia’s cutting-edge clean energy solutions.

    Led by the Australian Trade and Investment Commission (Austrade) in partnership with the New South Wales and Victorian Governments, and supported by Queensland, South Australia and Western Australia, the mission will deepen our energy cooperation with one of our most important trade and investment partners.

    Australia is a world leader in clean energy innovation, and businesses are well placed to partner with India as it transitions to a low-emissions future. India has set a commendable target to install 500 GW of non-fossil fuel capacity by 2030, and Australian companies can play a key role in supporting that growth while opening up significant export opportunities.

    Trade missions such as these are a critical part of the Government’s strategy to diversify and strengthen Australia’s trade and investment relationships. They showcase the best of Australian innovation to the world and deliver concrete commercial outcomes for our exporters.

    MIL OSI News

  • MIL-OSI China: China earmarks 150M yuan for natural disaster response

    Source: People’s Republic of China – State Council News

    This aerial drone photo taken on July 6, 2025 shows vessels mooring at a port to shelter from an approaching typhoon in Fuzhou, southeast China’s Fujian province. [Photo/Xinhua]

    China has earmarked 150 million yuan (about 20.97 million U.S. dollars) from its central natural-disaster-relief fund to support relief efforts in regions affected by flooding, typhoons and geological disasters, the Ministry of Finance (MOF) said on Wednesday.

    An MOF statement said that emergency funds, allocated by the MOF and the Ministry of Emergency Management, were distributed to six provincial-level regions: Zhejiang, Fujian, Sichuan, Chongqing, the Xizang Autonomous Region and Gansu.

    As China has now entered its main flood season, certain regions have been hit frequently by flooding and geological disasters, and Danas — the fourth typhoon of this year — has impacted several southeastern coastal regions and caused secondary disasters, the MOF said.

    The funds will be used to support emergency rescue and relief efforts, focusing on search, rescue and relocation for residents affected by disasters. They will also be used for the detection of secondary disasters, and to repair damaged houses, among other tasks.

    MIL OSI China News

  • MIL-OSI USA: Welch Speaks Out Against President Trump’s Efforts to Cut Federal Funding for Public Broadcasting

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    Welch Defends Corporation for Public Broadcasting, National Public Radio, Public Broadcasting Service 
    WASHINGTON, D.C. – Today, U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, spoke out against President Trump’s request to cut $9.4 billion in federal funding—which was already appropriated by Congress—including $1.1 billion for the Corporation for Public Broadcasting. If Senate Republicans approve the President’s request, $700 million of federal funding for local public media would be rescinded, impacting more than 1,500 public radio and TV stations across the country. 
    “One of the things that allows us to be united, despite our differences, is a shared understanding and knowledge of what is going on in our communities. That’s what the news is about. It’s not a propaganda machine. It’s not advocating the point of view of the President or the point of view of the Senator from Vermont. It is giving information,” said Senator Welch. “So, the question I have for us—in respect to the responsibility that you have, and I have, to the people we represent—is when we know that there are these extraordinary globalizing pressures…why would we compromise an institution that has served so many, so well, for so long? It weakens that sense of community. So why would we do that? There is not a good reason that we would do that.” 
    “We must not abandon the people we represent and the right they have to public broadcasting. And we cannot abandon the trust we must have in one another to keep our word. An agreement made must be an agreement kept.” 
    Senate Democratic Whip Dick Durbin (D-Ill.) led Senator Welch and seven Democratic colleagues in speaking from the Senate floor about the cuts to CPB and public media.  
    Watch Senator Welch’s speech below: 

    “These news deserts that are afflicting all of us…what has helped us so much is that many of these extraordinarily gifted reporters—who care about a sense of place, who have been on community newspapers—have now become the talent that has created this extraordinary institution of Vermont Public. Great reporting. So, in a democracy, we all know we need this. And it’s not because it’s going to be an agent for our point of view, but it’s going to be a cohesive force in the community to help people figure out the path forward.” 
    Senator Welch has been outspoken in his opposition to the Trump Administration’s unlawful efforts to dismantle and defund vital programs. In June, Senator Welch took to the Senate floor to slam the Trump Administration’s reckless rescissions request for Congressionally-appropriated funding. 
    Learn more about Senator Welch’s work by visiting his website or by following him on social media. 

    MIL OSI USA News

  • MIL-OSI USA: Welch Speaks Out Against President Trump’s Efforts to Cut Federal Funding for Public Broadcasting

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    Welch Defends Corporation for Public Broadcasting, National Public Radio, Public Broadcasting Service 
    WASHINGTON, D.C. – Today, U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, spoke out against President Trump’s request to cut $9.4 billion in federal funding—which was already appropriated by Congress—including $1.1 billion for the Corporation for Public Broadcasting. If Senate Republicans approve the President’s request, $700 million of federal funding for local public media would be rescinded, impacting more than 1,500 public radio and TV stations across the country. 
    “One of the things that allows us to be united, despite our differences, is a shared understanding and knowledge of what is going on in our communities. That’s what the news is about. It’s not a propaganda machine. It’s not advocating the point of view of the President or the point of view of the Senator from Vermont. It is giving information,” said Senator Welch. “So, the question I have for us—in respect to the responsibility that you have, and I have, to the people we represent—is when we know that there are these extraordinary globalizing pressures…why would we compromise an institution that has served so many, so well, for so long? It weakens that sense of community. So why would we do that? There is not a good reason that we would do that.” 
    “We must not abandon the people we represent and the right they have to public broadcasting. And we cannot abandon the trust we must have in one another to keep our word. An agreement made must be an agreement kept.” 
    Senate Democratic Whip Dick Durbin (D-Ill.) led Senator Welch and seven Democratic colleagues in speaking from the Senate floor about the cuts to CPB and public media.  
    Watch Senator Welch’s speech below: 
    “These news deserts that are afflicting all of us…what has helped us so much is that many of these extraordinarily gifted reporters—who care about a sense of place, who have been on community newspapers—have now become the talent that has created this extraordinary institution of Vermont Public. Great reporting. So, in a democracy, we all know we need this. And it’s not because it’s going to be an agent for our point of view, but it’s going to be a cohesive force in the community to help people figure out the path forward.” 
    Senator Welch has been outspoken in his opposition to the Trump Administration’s unlawful efforts to dismantle and defund vital programs. In June, Senator Welch took to the Senate floor to slam the Trump Administration’s reckless rescissions request for Congressionally-appropriated funding. 
    Learn more about Senator Welch’s work by visiting his website or by following him on social media. 

    MIL OSI USA News

  • MIL-OSI USA: Welch Speaks Out Against President Trump’s Efforts to Cut Federal Funding for Public Broadcasting

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    Welch Defends Corporation for Public Broadcasting, National Public Radio, Public Broadcasting Service 
    WASHINGTON, D.C. – Today, U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, spoke out against President Trump’s request to cut $9.4 billion in federal funding—which was already appropriated by Congress—including $1.1 billion for the Corporation for Public Broadcasting. If Senate Republicans approve the President’s request, $700 million of federal funding for local public media would be rescinded, impacting more than 1,500 public radio and TV stations across the country. 
    “One of the things that allows us to be united, despite our differences, is a shared understanding and knowledge of what is going on in our communities. That’s what the news is about. It’s not a propaganda machine. It’s not advocating the point of view of the President or the point of view of the Senator from Vermont. It is giving information,” said Senator Welch. “So, the question I have for us—in respect to the responsibility that you have, and I have, to the people we represent—is when we know that there are these extraordinary globalizing pressures…why would we compromise an institution that has served so many, so well, for so long? It weakens that sense of community. So why would we do that? There is not a good reason that we would do that.” 
    “We must not abandon the people we represent and the right they have to public broadcasting. And we cannot abandon the trust we must have in one another to keep our word. An agreement made must be an agreement kept.” 
    Senate Democratic Whip Dick Durbin (D-Ill.) led Senator Welch and seven Democratic colleagues in speaking from the Senate floor about the cuts to CPB and public media.  
    Watch Senator Welch’s speech below: 

    “These news deserts that are afflicting all of us…what has helped us so much is that many of these extraordinarily gifted reporters—who care about a sense of place, who have been on community newspapers—have now become the talent that has created this extraordinary institution of Vermont Public. Great reporting. So, in a democracy, we all know we need this. And it’s not because it’s going to be an agent for our point of view, but it’s going to be a cohesive force in the community to help people figure out the path forward.” 
    Senator Welch has been outspoken in his opposition to the Trump Administration’s unlawful efforts to dismantle and defund vital programs. In June, Senator Welch took to the Senate floor to slam the Trump Administration’s reckless rescissions request for Congressionally-appropriated funding. 
    Learn more about Senator Welch’s work by visiting his website or by following him on social media. 

    MIL OSI USA News

  • MIL-OSI Russia: Representatives of Chinese and Russian universities discussed new opportunities for cooperation between universities in Sichuan Province and Russia

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 10 (Xinhua) — A forum on cooperation between universities in Sichuan Province and the Volga Region of Russia was recently held at Sichuan University. Representatives of Chinese and Russian universities held an in-depth exchange of views on academic exchanges, development of specialties and joint educational programs.

    Scientific cooperation was the main topic of discussion. Rector of the Kozma Minin Nizhny Novgorod State Pedagogical University /NSPU/ Viktor Sdobnyakov noted China’s impressive achievements in physical chemistry, mechanical engineering, electronics and artificial intelligence, emphasizing the value of the Chinese model of integrating education, science and production. He expressed interest in joint scientific and technical projects with universities and enterprises in Sichuan Province.

    Vice-president of Southwest Petroleum University Pei Xiangjun proposed expanding scientific cooperation in the field of carbon neutrality, artificial intelligence and alternative energy through joint research, the establishment of international laboratories and the commercialization of technologies to promote the socio-economic development of the two countries.

    There is a positive trend in humanitarian exchanges between universities in Sichuan Province and Russia: 37 Russian students were enrolled in the summer school of the Southwest University of Finance and Economics, over 2,000 Chinese students are studying at Kazan Federal University, and the Mordovian State University named after N.P. Ogarev created the Center for Chinese Language and Culture.

    To deepen ties, forum participants proposed creating cultural and educational platforms and building effective mechanisms for cooperation.

    Zhang Haidong, deputy secretary of the Sichuan Normal University Party Committee, recommended using “Internet plus education” technologies to exchange educational resources and jointly train specialists. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI: YZi Labs Announces Support for 10X Capital’s BNB Treasury Company in the U.S.

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 09, 2025 (GLOBE NEWSWIRE) — YZi Labs, an investment vehicle fueling impact in Web3, AI, and biotech, today announced its support for 10X Capital, a leading investment firm focused on digital assets & digital asset treasury companies, in establishing the BNB Treasury Company, an independent U.S. initiative for digital asset treasury management on BNB Chain.

    The BNB Treasury Company, which intends to pursue a public listing on a major U.S. stock exchange, aims to create a business that will provide investors in the USA with exposure to the growth and benefits of BNB, the world’s 4th largest digital asset token by market cap, and will be focused exclusively on the BNB Chain ecosystem.

    The development of the BNB Treasury Company will be led by an accomplished management team, including digital assets veteran David Namdar, Senior Partner at 10X Capital and co-founder of Galaxy Digital (Nasdaq:GLXY), formerly of Millennium Management; institutional investor Russell Read, CIO of 10X Capital and former CIO of CalPERS, the Alaska Permanent Fund, the Gulf Investment Corporation, and former deputy CIO of Deutsche (Bank) Asset Management; and former Kraken director Saad Naja, who sits on the executive board of directors of global retail brokerage firm Exinity.

    10X Capital, whose recent track record in digital asset treasury companies includes Nakamoto (Nasdaq:NAKA), has partnered with Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, and Clear Street LLC to raise capital to fund its initial acquisition of BNB. 10X Capital will serve as the asset manager of the BNB Treasury Company.

    “BNB Chain is one of the most widely adopted blockchain ecosystems. BNB is the gas, the glue, and the governance layer for a scalable, decentralized future — powered by builders, for builders, and we believe expanding its institutional access can deliver meaningful benefits to the broader public,” said Ella Zhang, Head of YZi Labs. “By supporting this initiative, we aim to combine the strengths of the BNB ecosystem with 10X Capital’s institutional asset management and capital markets expertise. While we advocate for the adoption of BNB as a treasury asset, YZi Labs remains highly selective in formal partnerships and will only communicate any official collaborations through our official channels.”

    “BNB Chain is one of the largest, highest performing digital assets ecosystems globally, powering hundreds of millions of users, however institutional and retail investors in the U.S. have limited exposure to the growth of BNB.” added Hans Thomas, Founder & CEO of 10X Capital. “In line with our thesis on the unique ability of US-listed treasury companies to provide investors with access to digital assets opportunities globally, we believe the time is right for a well-capitalized, institutionally managed, pure-play treasury company to emerge as a gateway between U.S. investors and decentralized innovation on BNB Chain.”

    The BNB Treasury Company will emphasize transparency and verification of holdings, strong engagement with the BNB ecosystem and community, and expects to announce the closing of its related financing in the coming weeks.

    About YZi Labs

    YZi Labs manages over $10 billion in assets globally. Our investment philosophy emphasizes impact first—we believe that meaningful returns will naturally follow. We invest in ventures at every stage, prioritizing those with solid fundamentals in Web3, AI, and biotech.

    YZi Labs’ portfolio covers over 300 projects from over 25 countries across six continents. More than 65 of YZi Labs’ portfolio companies have gone through our incubation programs. For more information, follow YZi Labs on X.

    About 10X Capital

    10X Capital is a next-generation investment firm focused on digital transformation, including digital assets and digital infrastructure. 10X brings institutional capital to exceptional opportunities worldwide, via public & private structures, our portfolio companies, treasury business, and our affiliated investment bank.

    With capabilities in corporate development, asset management, treasury management, and capital markets, the firm takes a holistic merchant banking approach to building Digital Assets Treasury companies around the world, to help develop disruptive strategies with global reach. For more information, follow 10X Capital on X.

    Disclaimer:
    The information provided in this article is intended for informational purposes only and does not constitute investment advice, endorsement, analysis, or recommendations with respect to any financial instruments, investments, or issuers. This article may contain forward-looking statements which are by nature subject to risks and uncertainties. Investment in cryptocurrency and DeFi projects involves substantial risk, including the risk of complete loss. This article does not take into account the investment objectives, financial situation, or specific needs of any particular person and each individual is urged to consult their legal and financial advisors before making any investment decisions.

    Media Contacts:

    Yuna Y,

    YZi Labs

    yuna.y@yzilabs.com

    Alexander Monje

    10X Capital

    info@10xcapital.com

    The MIL Network

  • MIL-OSI USA: Hagerty Announces Staff Additions, Trump Admin Appointments

    US Senate News:

    Source: United States Senator for Tennessee Bill Hagerty
    WASHINGTON—Today, United States Senator Bill Hagerty (R-TN) announced 6 additions to his staff in Tennessee and Washington, D.C. Hagerty’s team continues to be fully operational and serving the great state of Tennessee.
    Brian McCormack will soon assume the role of Chief of Staff. McCormack is currently serving as the Chief of Staff for the National Security Council at the White House. Previously, he served at the White House Office of Management and Budget responsible for nearly a dozen agencies and as the Chief of Staff at the Department of Energy. The current Chief of Staff, Adam Telle, was nominated in March by President Trump to serve as the Assistant Secretary of the Army for Civil Works where he will oversee the Corps of Engineers.
    “I’m glad to have someone of Brian’s caliber and experience to lead this exceptional team. He brings a set of highly-relevant perspectives to the role where the paramount focus is to serve the people of Tennessee and the interests of our nation,” said Senator Bill Hagerty. “Brian’s background and relationships within the Trump Administration will support my objective of making the federal government work for the American people.”
    “I’m thankful for the many years of service Adam has put in leading our team from day one in the Senate, which has helped me build a strong foundation for success here in the U.S. Senate going forward,” said Senator Bill Hagerty. “I’m so proud of the opportunity he’s been given to once again serve as an outstanding member of President Trump’s administration, and his management of the Corps of Engineers will bring the responses we’ve seen in my Senate office to bear on an organization central to Tennessee and our nation.”
    Robert Donachie is now serving as Deputy Chief of Staff for Communications. Donachie served as Vice President of a Washington, DC-based public relations and literary agency. He spent several years working in the House of Representatives. He also served as the White House correspondent for The Washington Examiner and as a political reporter for The Daily Caller. Donachie has appeared on Fox News Channel, nationally syndicated radio programs, and provided commentary for The New York Times, POLITICO, Newsweek, The Hill, and other outlets.
    Tiffany Delgado recently joined as Deputy Chief of Staff for Operations, replacing Jim Durrett.  Delgado served as Senior Vice President of a Washington, DC-based marketing agency specializing in custom targeted voter contact, fundraising and issue advocacy programs, where she was recognized with the Rising Star Award from Campaigns and Elections.  Previously she worked at the National Republican Senatorial Committee as the Director of Direct Response.  Tiffany holds a B.A. from the University of Virginia, and is currently pursuing her MBA from Georgetown University.
    Michael Sullivan will become Senior Advisor to Senator Hagerty, where he will continue to be involved in state operations while also providing strategic advice on the Senator’s larger operation, leveraging Sullivan’s experience to benefit Hagerty’s broader mandate.
    Alec Richardson will become the State Director for Senator Hagerty. Currently, he serves as Senior Advisor to Governor Bill Lee and Director of External Affairs at the State of Tennessee. In this role, Richardson is responsible for overseeing strategic operations, managing federal relations, and advising on key legislative issues. He formerly served as Deputy Chief of Staff and Personal Aide to the Governor. He resides in Nashville with his wife and their one-year-old son.
    Kalleigh Ahern is now serving as Press & Digital Assistant in the office of U.S. Senator Bill Hagerty. Prior to joining the Senate, she worked as a Public Relations and Communications Intern at a national PR agency, where she contributed to strategic campaign planning, media monitoring and cross-sector client research. Ahern also gained firsthand experience in federal outreach and constituent services while working in her home congressional district in Tennessee. She graduated summa cum laude from The University of Alabama with a focus in public relations and political science.
    Serving in the Trump Administration
    Adam Telle has been advanced out of the Armed Services Committee and Environment and Public Works Committee to lead the U.S. Army Corps of Engineers as Assistant Secretary of the Army for Civil Works. Telle has served as Hagerty’s Chief of Staff over the last four years and will continue to serve Hagerty while his nomination is pending before the Senate. Telle served during the first Trump Administration as the White House’s Senate lead in its Office of Legislative Affairs.  Prior to that role, Telle served as the top staff member on the Senate Appropriations Committee’s Subcommittee on Homeland Security and as the top policy advisor to the late Senator Thad Cochran. Telle holds degrees in computer science and journalism from Mississippi State University.
    Jim Durrett is now the Deputy Chief of Staff to the Vice President and Deputy Assistant to the President. Previously, he served as Deputy Chief of Operations for Senator Hagerty. Durrett is a native of Clarksville, Tennessee.
    Luke Pettit has been advanced out of the Banking, Housing, and Urban Affairs Committee to be Assistant Secretary of the Treasury for Financial Institutions. Pettit has served as Senator Hagerty’s Senior Policy Advisor and will continue to serve Hagerty while his nomination is pending before the Senate. Previously, he worked at the Senate Banking Committee, Bridgewater Associates, and the Federal Reserve. Luke holds a B.A from the University of Pennsylvania, and graduate degrees from the London School of Economics and Johns Hopkins University.
    Jonathan Greenstein is nominated to be Deputy Undersecretary of the Treasury for International Finance. Previously, he served as Senator Hagerty’s Senior Policy Advisor. Greenstein is a graduate of Harvard Business School and Yale Law School.
    Daniel Zimmerman has been confirmed to be the Assistant Secretary of Defense for International Security Affairs. Zimmerman previously served in a Congressional Executive Fellowship in the office of Senator Hagerty. He previously has held many roles in the agency realm, and holds both a bachelor’s degree from Asbury University and a master’s degree from the Patterson School of Diplomacy at the University of Kentucky.
    Julia Hahn is serving as the Assistant Secretary of the Treasury Department for the Office of Public Affairs. Hahn joins the Department after serving as Deputy Chief of Staff for Communications for Senator Hagerty. Prior to the Senate, Hahn served in the first Trump White House over all four years, most recently as Deputy Assistant to the President and Deputy White House Communications Director. Before that, she served as Special Assistant to the President and Director of Rapid Response and Surrogate Operations. Hahn has also worked in media as the Executive Producer of The Laura Ingraham Show and a reporter at Breitbart News. She also worked on Capitol Hill as Press Secretary to former Congressman Dave Brat. Hahn graduated from the University of Chicago with a BA in Philosophy.
    Clark Milner is serving as Special Assistant to the President and Senior Advisor for Policy, focusing primarily on domestic policy. Milner formerly served as Deputy Chief of Staff for Policy and Chief Counsel to Senator Bill Hagerty. Milner previously served as Deputy Counsel to Governor Bill Lee.
    Natalie McIntyre currently serves as a Special Assistant to the President for the Office of Legislative Affairs where she handles the Healthcare, Education, Labor, Banking, and Agriculture portfolio. Previously, she was Senator Hagerty’s Legislative Director overseeing the legislative team and managing the Health, Education, Labor, Pension, and Veterans portfolio. Prior to her role in Hagerty’s office, she was part of the legislative office at OMB where she managed the Senate offices. She also served as a Senior Policy Advisor and White House liaison at ONDCP.
    Jason Hoffman is currently the Executive Secretary at the White House Office of Management and Budget. Hoffman formerly served as a Policy Advisor for Senator Hagerty, focusing on homeland security and judiciary issues. Previously, he worked at the Office of Management and Budget during President Trump’s first term and as a Legislative Assistant in the U.S. House of Representatives.Nels Nordquist is serving as Deputy Assistant to the President for International Economic Policy and Deputy Director of the National Economic Council. Nordquist was Senior Fellow for Economic Policy in the office of Senator Hagerty. In addition, his prior service includes as Staff Director for the National Security, Illicit Finance, and International Financial Institutions Subcommittee of the House Financial Services Committee. From 2018-2021, Nordquist worked in the National Security Council and National Economic Council, first as Director for Trade & Investment and later as Special Assistant to the President and Senior Director for International Economic Policy. Nordquist graduated from Stanford and earned an MBA from the University of Virginia.
    Joel Rayburn is the Trump Administration’s nominee to be Assistant Secretary of State for Near Eastern Affairs. He is a historian, former diplomat, and retired military officer who previously served as special advisor for Middle East affairs in the office of Senator Hagerty. Rayburn is currently a senior fellow at the Hudson Institute. In the first Trump Administration, he served as a senior director on the National Security Council staff and, from July 2018 to January 2021, as the U.S. special envoy for Syria. Before joining the State Department, Rayburn served 26 years as a US Army officer and co-authored the Army’s official history of the Iraq War. He holds an MA in history from Texas A&M University and an MS in strategic studies from the National War College.
    Kevin Kim serves as Deputy Assistant Secretary of State in the State Department’s Bureau of East Asian and Pacific Affairs. He previously worked as a National Security Fellow for Senator Hagerty. Kim was also the Senior Advisor to the Special Presidential Envoy for Arms Control Marshall Billingslea as part of the U.S. delegation to the 2020 U.S.-Russia arms control negotiations.  From 2018 to 2020, he served as the Chief of Staff to the Special Representative for North Korea and the Deputy Secretary of State Stephen Biegun and worked closely with then-U.S. Ambassador to Japan Hagerty as he participated in various rounds of U.S.-DPRK nuclear negotiations. Kim received a BA from the Johns Hopkins University, MA from the Johns Hopkins University School of Advanced International Studies, and is currently pursuing a Doctorate in International Relations from the Johns Hopkins University School of Advanced International Studies.
    Daniel Tirosh now serves on the National Security Council. Tirosh previously served as Deputy National Security Advisor and Counsel for Senator Hagerty. He holds a bachelor’s degree from University of California, Santa Cruz, and graduated from Stanford Law School.
    Walton Stivender Mears has taken on a new role as scheduler for Housing and Urban Development Secretary Scott Turner. Mears joined HUD earlier this year after serving as Director of Scheduling for Senator Hagerty. She previously handled scheduling and assisted the chief of staff for Sen. Roger Marshall (R-KS) and as a Staff Assistant for Senator Richard Shelby (R-AL). Mears is a graduate of Auburn University.
    J. Cal Mitchell is serving as Special Advisor for the Office of Legislative Affairs at the U.S. Department of Treasury. He joins the Treasury Department after serving as Personal Aide to Senator Hagerty. Mitchell is a graduate of Hampden-Sydney College.
    Nick Checker, a former national security fellow for Senator Hagerty, currently serves as Deputy Executive Secretary on the National Security Council. In that role, Checker provides senior-level review of NSC products for substance, policy relevance, and appropriateness for the President and senior White House officials. Checker has spent the last decade prior to his service on Senator Hagerty’s staff at the Central Intelligence Agency (CIA) as a military analyst covering conflicts in the greater Middle East. Most recently, Checker worked in CIA’s office of Congressional Affairs, where he supported the confirmation process for Director John Ratcliffe. He holds a bachelor’s degree in history and political science from the University of Wisconsin and a master’s degree in Security Studies from Georgetown University.
    Nicholas Elliot is the Confidential Assistant and Policy Advisor to the President’s Council of Advisors on Digital Assets. Previously, Elliot worked on Senator Hagerty’s 2020 campaign team and spent nearly four years working for Senator Hagerty on the Senator’s financial services and banking portfolio, where he advanced the Senator’s work on the Committee on Banking, Housing, and Urban Affairs. Elliot is a graduate of Georgetown University’s McDonough School of Business where he received a BS in Business Administration with a major in Finance and a minor in Mandarin.
    Taylor Asher serves as Senior Policy Advisor to Chairman Paul Atkins. From April 2023 to January 2025, Asher served as Policy Advisor and Confidential Assistant to Commissioner Uyeda. Prior to his time at the SEC, Asher was Personal Aide to Senator Hagerty. His tenure in public service began with Congresswoman Julia Letlow’s Office, where he served as Staff Assistant and Intern Manager. Asher is currently pursuing a Master of Economics at George Mason University. He holds a Master of Finance with an Energy Specialization as well as a Bachelor of Science in Management from Tulane University. He is originally from Nashville, Tennessee.
    Cole Bornefeld will be serving as Director of Correspondence for the Office of the Vice President. He previously served as a Legislative Aide to Hagerty, assisting in the Judiciary, Homeland Security, Commerce, and Rules portfolio. Bornefeld previously served as a Legislative Correspondent, Staff Assistant, and Intern in Senator Hagerty’s office. He graduated from Western Kentucky University with a bachelor’s degree in political science and public relations.

    MIL OSI USA News

  • MIL-OSI Banking: Project Acacia: RBA and DFCRC announce chosen industry participants and ASIC provides regulatory relief for tokenised asset settlement research project

    Source: Reserve Bank of Australia

    Project Acacia has today reached a significant milestone with a number of industry participants (see below) selected to explore how innovations in digital money and existing settlement infrastructure might support the development of Australian wholesale tokenised asset markets.

    Project Acacia is a joint initiative between the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC). This work is also supported by the Australian Securities and Investments Commission (ASIC), the Australian Prudential Regulation Authority (APRA), and the Australian Treasury. This project is one of the initiatives highlighted in the Government’s March 2025 Statement on Developing an Innovative Australian Digital Asset Industry.

    24 innovative use cases from a diverse range of organisations, ranging from local fintechs to major banks, have been conditionally selected for this next stage of the project. There will be:

    • 19 pilot use cases, which will involve real money and real asset transactions, and
    • 5 proof-of-concept use cases involving simulated transactions.

    The use cases involve a range of asset classes, including fixed income, private markets, trade receivables and carbon credits.

    Proposed settlement assets for the use cases include stablecoins, bank deposit tokens, and pilot wholesale central bank digital currency (CBDC), as well as new ways of using banks’ existing exchange settlement accounts at the RBA.

    Issuance of pilot wholesale CBDC for testing use cases will occur on a range of private and public-permissioned DLT platforms, including Hedera, Redbelly Network, R3 Corda, Canvas Connect and other EVM-compatible networks.

    ASIC clears way for industry participation

    Supporting Project Acacia, ASIC is providing regulatory relief to participants to support and streamline the pilot.

    ASIC’s relief will support the responsible testing of tokenised asset transactions, in some cases using CBDCs, between participants and a limited number of financial institutions in the coming months.

    ASIC has previously provided individual relief of a similar nature to participants in earlier digital money projects led by the RBA.

    The relief instrument is available on the Federal Register of Legislation.

    Project Acacia’s next steps

    Testing of use cases will occur over the next six months, with a report on the findings from the project expected to be published in the first quarter of 2026. The findings of this next stage of the project will support the RBA’s ongoing research into how innovation in the financial system can best support the Australian economy in the digital age.

    Lead use case participants

    • Australian Bond Exchange
    • Australia and New Zealand Banking Corporation
    • Australian Payments Plus
    • Canvas
    • Catena Digital
    • Commonwealth Bank of Australia
    • Fireblocks
    • Forte Tech Solutions
    • Imperium Markets
    • Northern Trust
    • NotCentralised
    • ProspEx Group
    • Westpac Banking Corporation
    • Zerocap

    Brad Jones, Assistant Governor (Financial System) at the RBA said: “Ensuring that Australia’s payments and monetary arrangements are fit-for-purpose in the digital age is a strategic priority for the RBA and the Payments System Board. Project Acacia represents an opportunity for further collaborative exploration on tokenised asset markets and the future of money by the public and private sectors in Australia.

    “The use cases selected in this project will help us to better understand how innovations in central bank and private digital money, alongside payments infrastructure, might help to uplift the functioning of wholesale financial markets in Australia.

    “We thank all interested parties for their efforts in Project Acacia to date and look forward to reporting back on the findings that will emerge over the reminder of the project.”

    ASIC Commissioner Kate O’Rourke said: “Innovation is a sign of a vibrant economy and society. ASIC supports the responsible development of new technologies, including tokenisation and distributed ledgers.

    “ASIC sees useful applications for the technologies underlying digital assets in wholesale markets. The relief from regulatory requirements that we have announced today will allow these technologies to be sensibly tested—to explore opportunities and identify and tackle risks.

    “Importantly, Project Acacia will allow industry and regulators to work together to learn more about how these use cases may reshape the financial services industry, potentially boosting efficiency and foster economic growth.”

    Professor Talis Putnins, Chief Scientist at DFCRC said: “It is great to have collaboration from so many parts of the industry, from small fintechs to large banks, alongside the key financial regulators in this forward-looking, innovative project. The real money settlement models being tested, including issuing pilot wholesale CBDC on third party platforms, reflects another world-first for Australia in this rapidly evolving field.

    “The project is of strategic importance to the DFCRC because, as a co-operative research centre, our focus is on bringing together key groups to unlock the large economic potential of digital finance innovation in Australia. Recent research suggests potential economic gains in markets and cross border payments could be in the order of AU $19 billion per year. Project Acacia is a significant step towards realising these gains, by providing evidence on the forms of money and settlement models that best enable tokenised real-world asset markets.”

    About Project Acacia

    Project Acacia is exploring how different forms of digital money and associated infrastructure could support the development of wholesale tokenised asset markets in Australia. The consultation paper initiating Project Acacia was released in November 2024 and called for industry feedback and expressions of interest in participating.

    Project Acacia is a joint research project between Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC). The project is supported by key stakeholders including the Australian Securities and Investments Commission (ASIC), Australian Prudential Regulation Authority (APRA) and the Australian Treasury, which are all represented on the project Steering Committee, along with representatives from the RBA and DFCRC.

    MIL OSI Global Banks

  • MIL-OSI United Nations: Space is not the final frontier – it is the foundation of our future: UN deputy chief

    Source: United Nations MIL OSI b

    Addressing delegates at a UN forum on peaceful uses of outer space, Amina Mohammed urged greater international cooperation as the world becomes increasingly reliant on satellites for everything from disaster response to climate monitoring.

    Space is not the final frontier. It is the foundation of our present,” she said.

    “Without satellites orbiting overhead right now, global food systems would collapse within weeks. Emergency responders would lose their lifelines. Climate scientists would be flying blind. And our hopes of achieving the Sustainable Development Goals (SDGs) would be out of reach,” she added.

    Expanding access to space

    For nearly seven decades, the UN Committee on the Peaceful Uses of Outer Space – the forum’s official name, has advanced international cooperation through five space treaties, sustainability guidelines and the Space 2030 Agenda.

    Ms. Mohammed highlighted the UN’s efforts through the Office for Outer Space Affairs (OOSA), in helping make space more accessible – particularly for the more than half of UN Member States that still lack a satellite in orbit.

    OOSA’s programmes are opening opportunities for youth and women in developing countries, cultivating a more inclusive new generation of space leaders.

    It also supports countries in building their space capabilities through technical workshops and assistance for emerging programmes, having assisted Kenya, Guatemala, Moldova and Mauritius in launching their first satellites.

    Similarly, it is helping countries like Tonga, Trinidad and Tobago and Ghana, use satellite data to create detailed digital models of entire cities, allowing faster disaster response and saving lives.

    Space and sustainable development

    Fresh from the Fourth International Conference on Financing for Development in Sevilla, Spain, Ms. Mohammed stressed that the areas the UN defines as critical for sustainable development acceleration all depend on space technologies.

    She also relayed a critical message from the conference: “In an era of constrained investment, we must align capital with high-impact solutions,” she said. “Space is one of them.”

    The view from space shows no countries, no borders – only one shared planet, one common home. Let that perspective guide you as you build the governance frameworks for space exploration and use,” she concluded.

    Let us make space a catalyst for achieving the SDGs.” 

    MIL OSI United Nations News

  • MIL-OSI Australia: Project Acacia: RBA and DFCRC announce chosen industry participants and ASIC provides regulatory relief for tokenised asset settlement research project

    Source: Airservices Australia

    Project Acacia has today reached a significant milestone with a number of industry participants (see below) selected to explore how innovations in digital money and existing settlement infrastructure might support the development of Australian wholesale tokenised asset markets.

    Project Acacia is a joint initiative between the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC). This work is also supported by the Australian Securities and Investments Commission (ASIC), the Australian Prudential Regulation Authority (APRA), and the Australian Treasury. This project is one of the initiatives highlighted in the Government’s March 2025 Statement on Developing an Innovative Australian Digital Asset Industry.

    24 innovative use cases from a diverse range of organisations, ranging from local fintechs to major banks, have been conditionally selected for this next stage of the project. There will be:

    • 19 pilot use cases, which will involve real money and real asset transactions, and
    • 5 proof-of-concept use cases involving simulated transactions.

    The use cases involve a range of asset classes, including fixed income, private markets, trade receivables and carbon credits.

    Proposed settlement assets for the use cases include stablecoins, bank deposit tokens, and pilot wholesale central bank digital currency (CBDC), as well as new ways of using banks’ existing exchange settlement accounts at the RBA.

    Issuance of pilot wholesale CBDC for testing use cases will occur on a range of private and public-permissioned DLT platforms, including Hedera, Redbelly Network, R3 Corda, Canvas Connect and other EVM-compatible networks.

    ASIC clears way for industry participation

    Supporting Project Acacia, ASIC is providing regulatory relief to participants to support and streamline the pilot.

    ASIC’s relief will support the responsible testing of tokenised asset transactions, in some cases using CBDCs, between participants and a limited number of financial institutions in the coming months.

    ASIC has previously provided individual relief of a similar nature to participants in earlier digital money projects led by the RBA.

    The relief instrument is available on the Federal Register of Legislation.

    Project Acacia’s next steps

    Testing of use cases will occur over the next six months, with a report on the findings from the project expected to be published in the first quarter of 2026. The findings of this next stage of the project will support the RBA’s ongoing research into how innovation in the financial system can best support the Australian economy in the digital age.

    Lead use case participants

    • Australian Bond Exchange
    • Australia and New Zealand Banking Corporation
    • Australian Payments Plus
    • Canvas
    • Catena Digital
    • Commonwealth Bank of Australia
    • Fireblocks
    • Forte Tech Solutions
    • Imperium Markets
    • Northern Trust
    • NotCentralised
    • ProspEx Group
    • Westpac Banking Corporation
    • Zerocap

    Brad Jones, Assistant Governor (Financial System) at the RBA said: “Ensuring that Australia’s payments and monetary arrangements are fit-for-purpose in the digital age is a strategic priority for the RBA and the Payments System Board. Project Acacia represents an opportunity for further collaborative exploration on tokenised asset markets and the future of money by the public and private sectors in Australia.

    “The use cases selected in this project will help us to better understand how innovations in central bank and private digital money, alongside payments infrastructure, might help to uplift the functioning of wholesale financial markets in Australia.

    “We thank all interested parties for their efforts in Project Acacia to date and look forward to reporting back on the findings that will emerge over the reminder of the project.”

    ASIC Commissioner Kate O’Rourke said: “Innovation is a sign of a vibrant economy and society. ASIC supports the responsible development of new technologies, including tokenisation and distributed ledgers.

    “ASIC sees useful applications for the technologies underlying digital assets in wholesale markets. The relief from regulatory requirements that we have announced today will allow these technologies to be sensibly tested—to explore opportunities and identify and tackle risks.

    “Importantly, Project Acacia will allow industry and regulators to work together to learn more about how these use cases may reshape the financial services industry, potentially boosting efficiency and foster economic growth.”

    Professor Talis Putnins, Chief Scientist at DFCRC said: “It is great to have collaboration from so many parts of the industry, from small fintechs to large banks, alongside the key financial regulators in this forward-looking, innovative project. The real money settlement models being tested, including issuing pilot wholesale CBDC on third party platforms, reflects another world-first for Australia in this rapidly evolving field.

    “The project is of strategic importance to the DFCRC because, as a co-operative research centre, our focus is on bringing together key groups to unlock the large economic potential of digital finance innovation in Australia. Recent research suggests potential economic gains in markets and cross border payments could be in the order of AU $19 billion per year. Project Acacia is a significant step towards realising these gains, by providing evidence on the forms of money and settlement models that best enable tokenised real-world asset markets.”

    About Project Acacia

    Project Acacia is exploring how different forms of digital money and associated infrastructure could support the development of wholesale tokenised asset markets in Australia. The consultation paper initiating Project Acacia was released in November 2024 and called for industry feedback and expressions of interest in participating.

    Project Acacia is a joint research project between Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC). The project is supported by key stakeholders including the Australian Securities and Investments Commission (ASIC), Australian Prudential Regulation Authority (APRA) and the Australian Treasury, which are all represented on the project Steering Committee, along with representatives from the RBA and DFCRC.

    MIL OSI News

  • MIL-OSI United Nations: Spain and Brazil push global action to tax the super-rich and curb inequality

    Source: United Nations 4

    Presented during the UN’s 4th International Conference on Financing for Development – taking place this week in Sevilla, Spain – the proposal highlights a growing problem: the richest individuals often contribute less to public finances than ordinary taxpayers, thanks to lower effective tax rates and legal loopholes.

    “Our countries need more and more public revenues to meet their needs. Inequality is a problem everywhere and the richest pay less than the middle class – even less than lower-income taxpayers,” said Spain’s Secretary of State for Finance Jesús Gascón, during a press conference at the conference venue, where temperatures have soared to record highs in recent days.

    The two governments are calling on others to join a drive for a fairer, more progressive global tax system. They point to a stark reality: the wealthiest one per cent of the global population owns more than 95 per cent of humanity combined.

    UN News/Matt Wells

    The Spanish Secretary of State for Finance Jesús Gascón (on screen) addresses a meeting at the Financing for Development conference in Sevilla, Spain.

    Sharing knowledge, closing gaps

    In today’s interconnected world access to reliable data is essential. The initiative prioritises information sharing – between governments and tax authorities – to help expose gaps in tax systems, close loopholes and combat evasion and avoidance.

    Improving data quality and building national capacities for data analysis will help tax administrations identify where and how wealth is concentrated, how much is currently being paid and what needs to change.

    Though some progress has already been made, the countries say much more must be done and many more countries should come on board.

    There’s a real need to know who the beneficial owners are behind companies and legal structures used to conceal wealth,” said Mr. Gascón. The initiative also proposes technical cooperation, training in data analytics and peer review mechanisms to strengthen national tax systems.

    A global wealth registry?

    Spain and Brazil are even considering steps toward a global wealth registry – acknowledging that this would take time, political will and major national efforts.

    But the aim is clear: more transparency, more accountability and fairer contributions from the richest.

    We cannot tolerate the intensity of inequality, which has been increasing in recent years,” said Brazil’s Minister-Counsellor to the UN, José Gilberto Scandiucci denying that this was some kind of far-leftist agenda.

    This is a moderate initiative to confront a very radical reality.”

    The proposal forms part of the Seville Platform for Action, which is turbocharging voluntary actions to help reach the Sustainable Development Goals (SDGs) – currently way off track for the 2030 deadline.

    G20 highlights ‘high worth’ factor

    It also follows the 2024 agreement by the G20 industrialised nations who met in Rio (Brazil) last year – the first international accord to commit to a joint tax agenda for high-net-worth individuals.

    A three-month work plan is now being drawn up with regular meetings planned to track progress. The goal – bring more countries, international organisations and civil society on board to push forward tax reforms targeting the ultra-rich.

    “If we want to effectively tax the super-rich, fight inequality and make our tax systems fairer and more progressive, we need political will – and we need to act within our means,” Mr. Gascón added.

    MIL OSI United Nations News