Malaysia’s central bank unveiled a three-year pilot program for asset tokenization, highlighting the nation’s commitment to real-world asset projects in collaboration with financial institutions. This initiative marks a […]
European Commission Paves Way for New SEC-Style Regulator
The European Commission is proposing a significant overhaul of the financial system in Europe by giving the existing European Securities and Markets Authority (ESMA) increased power. This initiative […]
Hong Kong Appoints Tribunal for Stablecoin Review
The Hong Kong Special Administrative Region has appointed a new chair and members for the Stablecoin Review Tribunal, as established under the Stablecoin Ordinance (Chapter 656). The Chair, […]
Australian Regulator Unveils New Guidelines for Digital Asset Providers
Australia’s ASIC has released a comprehensive guide for digital asset providers, marking a significant step forward in the country’s blockchain industry. The updated regulatory framework mandates crypto platforms […]
Circle & ClearBank Partner to Boost EU Stablecoin Liquidity
Circle, the issuer of USDC and EURC stablecoins, is expanding its regulated infrastructure in Europe by partnering with ClearBank. The collaboration will connect Circle’s stablecoin settlement network with […]
China Poly Group Clears Air on Stablecoin Involvement
China Poly Group has officially refuted rumors regarding its involvement with Hong Kong stablecoins, seeking to quell market anxieties. The company issued a public statement emphasizing caution for […]
China Poly Group Denies Involvement with Hong Kong Stablecoins
China Poly Group has officially denied any involvement in Hong Kong-based stablecoin activities, stating that neither it nor its subsidiaries are associated with entities using names like ‘Hong […]
Crypto.com Seeks U.S. National Trust Bank Charter for Expanded Services
Crypto.com has applied for a U.S. National Trust Bank Charter, aiming to expand its custody and staking services across the country. The move comes as the exchange seeks […]
Hong Kong Approves First Spot Solana ETF, Bolsters Crypto Adoption
The Hong Kong Securities and Futures Commission (SFC) has granted approval for the first-ever spot Solana ETF, issued by China Asset Management, signifying a significant development for crypto […]
Asian Stock Exchanges Restrict Crypto Usage in Corporate Finance
Major Asian stock exchanges are imposing restrictions on companies seeking to integrate cryptocurrencies like Bitcoin into their treasury holdings. Bloomberg reports that at least five firms have been […]
Asia-Pacific Exchanges Cautious About Crypto Treasury Transitions
Several Asian-Pacific stock exchanges are reportedly hesitant about businesses shifting their funds to crypto treasuries, citing regulatory concerns. While this resistance is based on unconfirmed reports and hasn’t […]
Fed Proposes ‘Skinny’ Master Accounts for Crypto Firms
The Federal Reserve has proposed a new system of ‘skinny’ master accounts to boost efficiency and reduce costs for crypto firms. This proposal, aimed at increasing access to […]
XRP Market Holds Steady Amidst Bearish Pressures
While the cryptocurrency market experiences overall bearish pressure, XRP shows resilience. Notably, some analysts foresee a potential breakout to $2.8. This possibility is fueled by increased institutional interest […]
China Halts Chinese Tech Firm’s Stablecoin Pilot Program
Chinese tech giants, including Ant Group and JD.com, have paused their involvement in Hong Kong’s pilot program for stablecoins after guidance from the People’s Bank of China (PBoC) […]
UK Tax Authorities Boost Crypto Compliance Efforts
The UK tax authorities are stepping up their efforts to ensure accurate reporting of cryptocurrency transactions, issuing 65,000 demand letters, a significant increase from the previous year. These […]