New regulations in Hong Kong for stablecoins have already had a noticeable impact on local trading, according to Foresight News. The first week following the implementation of these […]
Paxos Seeks US Bank License, Aiming for Stablecoin Regulation Boost
Paxos Trust Company, issuer of the USDP stablecoin, has resubmitted its application to convert its New York trust license into a full-fledged US national bank charter. This formal […]
Fosun Targets Hong Kong Stablecoin License, Potentially Altering Crypto Landscape
A Chinese conglomerate, Fosun International, is reportedly pursuing a stablecoin license in Hong Kong, raising eyebrows within the industry and sparking speculation about its potential impact. The move […]
Fosun International Seeks Hong Kong Stablecoin License
Fosun International is pursuing a license for issuing stablecoins in Hong Kong, according to recent reports. The move follows meetings with Hong Kong officials and underscores Fosun’s ambitions […]
Fosun International Seeks Hong Kong Stablecoin License Amidst Regulatory Changes
Fosun International is exploring a potential stablecoin license in Hong Kong as new regulations from the Hong Kong Monetary Authority (HKMA) are set to come into effect in […]
Fosun International Stock Soars Following Stablecoin License Application
Hong Kong-listed company Fosun International witnessed a remarkable surge of 20.6% in its share price, currently trading at 6.44 Hong Kong dollars. This rise in value coincides with […]
Crypto Privacy Under Scrutiny: Focus on Innovations Needed
Helius CEO, Mert, has voiced concerns about the current state of cryptocurrency privacy. He believes this issue is equally as important as stablecoins’ development and stresses the need […]
Paxos Applies for Trust Bank License, Raising Regulatory & Market Implications
Cryptocurrency firm Paxos has reportedly applied for a U.S. trust bank license, potentially expanding its operations and impacting stablecoin issuance. While the application remains unconfirmed, market attention is […]
Mastercard Embraces Crypto’s New Era with Regulatory Clarity
Mastercard announces its commitment to crypto, emphasizing regulatory clarity and stablecoin integration as key drivers for the industry’s future. Their 2025 vision prioritizes stablecoins as mainstream payment tools, […]
Paxos Seeks US National Bank License to Expand Services
Crypto infrastructure provider Paxos Trust Company, behind PayPal’s PYUSD stablecoin, has refiled its application for a US national bank charter. The move aims to unlock nationwide customer asset […]
US Crypto Policy Faces Uncertainty as Bo Hines Steps Down
Bo Hines, who headed the White House’s crypto policy initiative, has resigned after a brief tenure. His departure leaves the US crypto policy landscape uncertain, particularly as questions […]
Paxos Seeks National Trust Charter for Enhanced Security and Oversight
Leading real-world assets (RWA) tokenization company Paxos has announced its ambition to expand its reach in the financial markets. The company has applied to obtain a national trust […]
Paxos Applies for U.S. Trust Bank License, Aiming for Nationwide Expansion
Paxos, a prominent player in the stablecoin space, has announced its application for a U.S. trust bank license. This significant step could pave the way for broader regulatory […]
Do Kwon’s Plea Could See Major Shift as Court Proceedings Loom
In a legal development that has sent ripples across the cryptocurrency world, Do Kwon, founder of Terraform Labs, may soon alter his plea in the high-profile case against […]
Paxos Aims for Federal Oversight, Seeking to Become a Trusted Player in the Stablecoin Space
Paxos Trust Company, known for its work in stablecoin technology and infrastructure, has announced plans to seek federal trust bank status from the Office of the Comptroller of […]