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Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B
25.7.2024
Renewed expansion in stablecoins is bullish for the broader crypto market
Stablecoin pegged to Hong Kong dollar unveiled
24.7.2024
Jingdong Coinlink Technology Hong Kong Limited unveils its plan to issue a Hong Kong dollar stablecoin, aiming for secure and cost-effective payment solutions while adhering to regulatory requirements
Stablecoin pegged to Hong Kong dollar unveiled
24.7.2024
Jingdong Coinlink Technology Hong Kong Limited unveils its plan to issue a Hong Kong dollar stablecoin, aiming for secure and cost-effective payment solutions while adhering to regulatory requirements
South African Startup Neonomad to Launch Rand-Backed Stablecoin
24.7.2024
Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple...
Australian stablecoin startup Stables expands to Europe
22.7.2024
Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the mainstream
Australian stablecoin startup Stables expands to Europe and UK
22.7.2024
Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the mainstream
Binance gets greenlight to invest customer assets in US Treasury Bills
19.7.2024
The court stipulated that Binance could invest customer funds custodied at BitGo in Treasury Bills maturing along a four-week basis
HK bank supports nation's regulatory goals with reserve services
19.7.2024
This development aligns with the city’s regulatory goals and represents a forward-thinking approach to integrating traditional banking with cutting-edge financial technologies
Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback
19.7.2024
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders. Stakeholders Support Introduction of Stablecoin...
Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin Sandbox
19.7.2024
Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), Animoca Brands, and Hong Kong Telecom (HKT) have united to participate in the Hong Kong Monetary Authority’s (HKMA) stablecoin issuer sandbox, announced in March. Leveraging Zodia Custody’s digital asset capabilities, the collaboration aims...
Animoca, Standard Chartered team up in HKMA stablecoin sandbox
18.7.2024
The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox
Cryptoquant Insights Report: Seller Fatigue Suggests Bitcoin Price Bottom
18.7.2024
Bitcoin prices may have reached a local low, as suggested by researchers at cryptoquant.com. The firm’s recent institutional insights report says large sellers appear to have depleted their selling power, and key valuation metrics point to potential positive price movement. Report Notes...
Standard Chartered, Animoca, and Three Others Join HKMA's Stablecoin Sandbox as Participants
18.7.2024
In March, the HKMA started a regulatory sandbox to give potential stablecoin issuers immunity in testing certain operations
Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity is Back Up
18.7.2024
Payment giant Visa's blockchain data partner AlliumLabs has raised $16.5 million in a Series A funding round led by venture capital firm Theory Ventures. Visa and Allium Labs also released their latest findings on stablecoin activity which showed which showed that demand for stablecoins has picked...
State Street eyes blockchain leap with stablecoin, deposit token: Report
17.7.2024
The global asset manager may be on its way to the forefront of settlement technology
TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg
17.7.2024
Traditional financial heavyweights are getting increasingly involved in tokenization efforts, putting financial assets on blockchain rails for operational benefits
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
17.7.2024
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million....
Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends
17.7.2024
Hong Kong's financial regulators published the conclusions of consultation on fiat-referenced stablecoin regulation and said they are preparing a bill to introduce into the Legislative Council later this year
Hong Kong unveils new stablecoin licensing regime
17.7.2024
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback
Hong Kong unveils new stablecoin licensing regime
17.7.2024
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback