Leila Ismailova began her professional career at the age of 15 as a broadcasting star in Belarus, the Russian-neighboring Eastern European country that plays home to 9.3 million citizens. She continued in the role for 10 years, she says, before reaching what she felt was a “professional ceiling” and beginning a journey that led to Web3.
“I remember my audacity as a child, just sneaking into the buildings with newspapers and magazines — it was called the House of Press,” Ismailova recalls in an interview with Cointelegraph. “I would handwrite my stories and sneak into the building — because I didn’t have a pass — by making up stories that I was someone’s granddaughter, or by just going in when someone else entered. And I would find the doors that said ‘editor’ or ‘editor-in-chief,’ and I would just walk in and give them my articles. People smiled, and I’m sure they felt I was naive, but I felt they also had some respect for me doing this work.”
Her renegade news career led to television in a matter of years. She joined the country’s First National Channel at the age of 15, where she started on a show that covered news and culture for younger viewers.
“My first audition went horribly,” Ismailova says. “I turned purple. I was thinking really fast, but they still wanted me to come for the second round.”
Ismailova moved to the United States in 2016, setting off what she calls a “season of migration” for her family, including her brother, Bahram, and sister, Esmira. Bahram is a serial tech entrepreneur whose inventions include Peech App and Yope, among many others, while Esmira is an author whose published works include On the Shores of Bosphorus. (You won’t find it in English yet, so don’t spend too much time scouring Amazon.)
Leila Ismailova hosting the International Music Festival Slavic Bazaar in Vitebsk, Belarus, 2014. Source: Screenshot
Ismailova’s and her siblings’ success came despite hardship. Their father died when they were children (Bahram was just 1), fighting for Azerbaijan in the country’s war with Armenia over the Nagorno-Karabakh region.
“It happened very abruptly,” Ismailova says. “Of course, no one planned for it, so we went very fast from being a well-off family living in the capital of Baku to being a very scared family. We were pretty much on our own in a country that was going through the war with Armenia and, on top of that, separating from the Soviet Union. It was a very harsh time for everybody.”
Ismailova says that experience inspired her to launch a charity during her broadcast career that offered mentoring for orphans, an activity she would like to resume in the future.
“It seemed like these girls, even though the government provided very simple basics for them to start life, didn’t have parental guidance,” Ismailova recalls. “It seemed like a lot of orphan girls were insecure because no one told them they were beautiful. Our goal was to create that guidance and to give them a confidence boost. […] For me, it was very important to do, and I was so lucky that I had a chance and a bit of influence. Right now, I miss it very much.”
Today, she’s a Web3 veteran after spending three years at Artisant, a digital fashion brand she co-founded — inspired, in part, by her career in journalism. “As a child, I didn’t have access to a lot of beautiful dresses,” Ismailova says. “But I always appreciated the elegant and beautiful part of fashion, and when I watched TV, I always saw TV hosts and red carpets. It always looked stunning.”
Ismailova left Artisant in July to launch a new chapter of her career as a consultant for digital-savvy fashion brands. “I’m sort of coming back to reality,” Ismailova explains. “Artisant was a digital fashion brand, but there was no physical product.”
1. You moved from Belarus, where you were a TV journalist, to the United States. What’s the story behind that?
I’m the only one from my family who moved, at first. I opened the “season of migration” for my family, as right after I moved, my sister moved, and then my brother. He didn’t just move — he ran away in August 2020, right after the Belarusian presidential election, when they started hunting people down. He had to run. His two co-founders were arrested.
Leila Ismailova with co-host Denis Kuryan in 2014. Source: Screenshot
My personal story is that I was a pretty successful TV host back home, I started when I was 15. I wanted to be a TV host because I wanted to wear beautiful dresses. I was very happy. It was my dream job! I started working early, and I think I was very hungry for success. I got all the national awards I dreamed of at a very young age, hosted all the shows I wanted to, and reached the professional ceiling back home.
2. What got you into crypto?
Well, my first stop in the United States was California — this was before I moved to Miami. I got into graduate school for a master’s program at USC Annenberg. (To be honest, I’m still struggling to connect to American society.) I’ve always been a nerd, and school seemed like a safe environment to connect to people. I started learning about entrepreneurship during the first wave of crypto in 2017, and then I invested in my first crypto… and “lost” it. I bought Litecoin at $250. But I started working in crypto only in 2020.
3. What brought you to Miami?
I felt very limited in Los Angeles with the COVID-19 restrictions, and very isolated. I couldn’t even walk my dog because they closed the parks. So, I got into digital fashion. It got me very curious about how something that didn’t exist could make someone feel so good. That was when I met my Artisant co-founder, Regina [Turbina], in 2020. We were talking, and I started helping with little things. In 2021, I joined Artisant full-time.
Things were flowing, so I quit my job and took a leap of faith — which brought me to Miami. And since I joined crypto, never have I met so many bright, prominent people with open minds. Everyone has been very welcoming, even though I knew far less in the beginning than I know now. People were willing to spend hours on the phone with me, sharing knowledge. I think the welcoming environment encouraged me to stay.
4. How do you see digital fashion evolving over the next five years?
Looking at the last bull run, I think it was awesome, but it’s over. We have this romantic notion that we’re all moving to the metaverse, and our avatars will all need clothes someday. I want to see technology become a tool that makes people more well-rounded, sustainable — wholesome.
We have this vicious circle in the Western world of buying goods we don’t need. Brands manipulate us into buying things. Consequently, we need to produce more goods, and we have this vicious circle of overproduction and overconsumption. We have a situation where fashion, the most beautiful business in the world, is responsible for 10% of carbon emissions.
We have a huge problem at hand, and I see digital fashion and technology as a possible solution. We’re moving from the notion of building digital clothes for the metaverse to looking at how digital fashion can be useful right now. Look at Dior and their B33 sneaker collection with NFC chips built into the sole. It’s an amazing technology that allows you to link them to digital assets. So, this is a very good way for brands to solve the problem of counterfeit products.
5. You recently left Artisant. Where are you going next?
I’m starting consulting jobs, and I want to start writing more. For now, I want to focus on companies that deal in digital fashion. Companies that provide digital fashion services as an agency. I have a brand that wants me to consult their team, and they do an amazing clothing line that has augmented reality storytelling built into it. I’m sort of coming back to reality. Artisant was a digital fashion brand — but there was no physical product.
Seeing Artisant grow — not just in numbers but in real people who defined Artisant as their community — meant the whole world to me. But I came to a point where I gave everything I could to the project. Technology has a huge mission in reforming the world of fashion, and I want to contribute. While I am still pondering my next big professional adventure, I know it will be fun and will serve humanity.
6. What’s your life like outside of crypto?
I love having a balanced life. I have a dog. (That’s a hobby, right?) I play chess. For me, chess is a very important game that helps me a lot in business and in analyzing situations. I also like sports. For me, it’s very important to keep moving. Yoga has been part of my life for quite some time. Since I live in Miami, I do things like paddleboarding and kite surfing. And I take dance classes. That was one of my first dreams, actually — to become a dancer.
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Rudy Takala
Rudy Takala is the opinion editor at Cointelegraph. He formerly worked as an editor or reporter in newsrooms that include Fox News, The Hill and the Washington Examiner. He holds a master’s degree in political communication from American University in Washington, DC.
Prediction markets Polymarket and Kalshi view Kevin Hassett, US President Donald Trump’s National Economic Council director, as the favorite to replace Jerome Powell as the next Federal Reserve chair.
The odds of Hassett filling the seat have spiked to 66% on Polymarket and 74% on Kalshi at the time of writing. Hassett is widely viewed as crypto‑friendly thanks to his past role on Coinbase’s advisory council, a disclosed seven‑figure stake in the exchange and his leadership of the White House digital asset working group.
Founder and CEO of Wyoming-based Custodia Bank, and a prominent advocate for crypto-friendly regulations, Caitlin Long, commented on X:
“If this comes true & Hassett does become Fed chairman, anti-#crypto people at the Fed who still hold positions of power will finally be out (well, most of them anyway). BIG changes will be coming to the Fed.”
Hassett is a long-time Republican policy economist who returned to Washington as Trump’s top economic adviser and has now emerged as the market-implied frontrunner to lead the Fed.
His financial disclosure reveals at least a seven‑figure Coinbase stake and compensation for serving on the exchange’s Academic and Regulatory Advisory Council, placing him unusually close to the crypto industry for a potential Fed chair.
Still, crypto has been burned before by reading too much into “crypto‑literate” resumes. Gary Gensler arrived at the Securities and Exchange Commission with MIT blockchain courses under his belt, but went on to preside over a wave of high‑profile enforcement actions, some of which critics branded as “Operation Chokepoint 2.0.”
A Hassett-led Fed might be more open to experimentation and less reflexively hostile to bank‑crypto activity. Still, the institution’s mandate on financial stability means markets should not assume a one‑way bet on deregulation.
The Hassett odds have jumped just as the Fed’s own approach to bank supervision has received pushback from veterans like Fed Governor Michael Barr, who earned his reputation as one of Operation Chokepoint 2.0’s key architects.
According to Caitlin Long, while he Barr “was Vice Chairman of Supervision & Regulation he did Warren’s bidding,” and he “has made it clear he will oppose changes made by Trump & his appointees.”
On Nov. 18, the Fed released new Supervisory Operating Principles that shift examiners toward a “risk‑first” framework, directing staff to focus on material safety‑and‑soundness risks rather than procedural or documentation issues.
In a speech the same day, Barr warned that narrowing oversight, weakening ratings frameworks and making it harder to issue enforcement actions or matters requiring attention could leave supervisors slower to act on emerging risks, arguing that gutting those tools may repeat pre‑crisis mistakes.
Days later, in Consumer Affairs Letter 25‑1, the Fed clarified that the new Supervisory Operating Principles do not apply to its Consumer Affairs supervision program (an area under Barr’s committee as a governor).
If prediction markets are right and a crypto‑friendly Hassett inherits this landscape, his Fed would not be writing on a blank slate but stepping into an institution already mid‑pivot on how hard (and where) it leans on banks.
HashKey Holdings, the parent company of one of Hong Kong’s biggest licensed crypto exchanges, moved a step closer to a public listing, according to new filings from the Hong Kong Stock Exchange (HKEX).
On Monday, the HKEX published a 633-page post-hearing information pack for HashKey Holdings. The document was published at the request of The Stock Exchange of Hong Kong Limited and the local financial regulator, the Securities and Futures Commission (SFC).
A post-hearing information pack is only published after HKEX’s listing committee formally clears an applicant at the listing hearing. In other words, without explicitly stating it, this document indicates that HashKey has moved closer to listing on the exchange and is progressing toward its initial public offering (IPO).
At the same time, the document stressed that the deal is not yet finalized. “The listing application referred to in this document has not yet been approved; the HKEX and the SFC may accept, return, or reject the public offering and/or listing application.”
This is standard HKEX disclaimer language and does not contradict HashKey’s approval. Instead, it refers to the listing being dependent on completing the offering documents.
Hong Kong Exchange trade lobby in 2007. Source: Wikimedia
HashKey’s IPO is likely to attract significant attention
The news follows early October reports that HashKey was aiming for an IPO and a listing in Hong Kong this year. At the time, the report was largely based on rumors, citing anonymous sources with purported knowledge of the matter.
HashKey is Hong Kong’s top crypto exchange with a 24-hour volume of nearly $108 million at the time of writing, according to CoinGecko data. The information pack also listed the world’s top bank, JPMorgan, and local financial institutions Guotai Junan International and Haitong International as joint sponsors for the listing.
Interest in the offering is likely high, considering that in mid-February, China-based Gaorong Ventures reportedly invested $30 million in HashKey, granting it unicorn status. The pre-money valuation of the investment was purportedly almost $1.5 billion, but reports cited unidentified sources that could not be independently verified.
This was followed by reports in late October that Chinese technology giants, including Ant Group and JD.com, had reportedly suspended plans to issue stablecoins in Hong Kong due to regulatory concerns. On Saturday, the People’s Bank of China — mainland China’s central bank — said after a meeting with 12 other agencies that “virtual currency speculation has resurfaced,” reiterating that “virtual currency-related business activities constitute illegal financial activities,” in line with its 2021 ban on crypto trading and mining.
Sony Bank, the online lending subsidiary of Sony Financial Group, is reportedly preparing to launch a stablecoin that will enable payments across the Sony ecosystem in the US.
Sony is planning to issue a US dollar-pegged stablecoin in 2026 and expects it to be used for purchases of PlayStation games, subscriptions and anime content, Nikkei reported on Monday.
Targeting US customers — who make up roughly 30% of Sony Group’s external sales — the stablecoin is expected to work alongside existing payment options such as credit cards, helping reduce fees paid to card networks, the report said.
Sony Bank applied in October for a banking license in the US to establish a stablecoin-focused subsidiary and has partnered with the US stablecoin issuer Bastion. Sony’s venture arm also joined Bastion’s $14.6 million raise, led by Coinbase Ventures.
Sony Bank has been actively venturing into Web3
Sony Bank’s stablecoin push in the US comes amid the company’s active venture into Web3, with the bank establishing a dedicated Web3 subsidiary in June.
“Digital assets utilizing blockchain technology are incorporated into a diverse range of services and business models,” Sony Bank said in a statement in May.
“Financial services, such as wallets, which store NFT (non-fungible tokens) and cryptocurrency assets, and crypto exchange providers are becoming increasingly important,” it added.
Sony Bank established a Web3 subsidiary with an initial capital of 300 million yen ($1.9 million) in June 2025. Source: Sony Bank
The Web3 unit, later named BlockBloom, aims to build an ecosystem that blends fans, artists, NFTs, digital and physical experiences, and both fiat and digital currencies.
Sony Bank’s stablecoin initiative follows the recent spin-off of its parent, Sony Financial Group, which was separated from Sony Group and listed on the Tokyo Stock Exchange in September.
The move was intended to decouple the financial arm’s balance sheet and operations from the broader Sony conglomerate, allowing each to sharpen its strategic focus.
Cointelegraph reached out to Sony Bank for comment regarding its potential US stablecoin launch, but had not received a response by the time of publication.