INSIGHTS
The Three-Way Digital Currency war
How should SWFs and Asset Owners rethink about crypto assets in 2026?
By Winston Ma Partner of Dragon Global Family Office; Former MD, China Investment Corp (CIC)
In 2025, bitcoin showed how spectacularly wrong price forecasts can be, after the initial optimism driven by President Donald Trump. Within days of taking office for the second time, he issued an executive order that repealed restrictions on cryptocurrency and introduced new favorable regulations as well as a presidential working group on digital assets. Again in March, Trump set up a new “strategic cryptocurrency reserve” that essentially consolidated US government’s bitcoin holdings.
THE CIO PLAYBOOK
Is 2026 the year thinking becomes alpha?
February 2026 | Author - Jethro Goodchild
If 2025 taught us anything, it’s that the world is full of potholes – from policy missteps, to geopolitical provocation, to data that was incomplete, delayed or selectively published. The uncomfortable truth is that 2026 won’t be any easier. Complexity is rising, clarity is narrowing and AI is rapidly absorbing many of the tasks we once relied on to demonstrate competence.
In this environment, how you think is fast-becoming more important than what you know. Your ability to decipher, filter, question and connect the dots – along with the emotional intelligence to build trust and navigate human relationships – will matter more than ever.