Stay informed, stay ahead.
The Bank of England (BOE) promises quick action on stablecoin regulation. Deputy Governor Sarah Breeden stated the UK regime will launch as fast as the US system. She rejected fears that Britain is falling behind on crypto policy. Synchronized rules between the two allies are “really important.” The BOE plans to publish its official stablecoin…
Hong Kong is loosening regulations to boost virtual-asset trading liquidity and strengthen its role as a fintech hub. The Securities and Futures Commission (SFC) announced that locally licensed virtual-asset trading platforms (VATPs) will now be able to share their order books globally with overseas affiliates. This replaces a rule that kept Hong Kong’s platforms ring-fenced. …
Kyrgyzstan has become one of the first countries in Central Asia to fully embrace digital currency by launching its own national stablecoin. This major economic initiative is being done in partnership with the world’s largest cryptocurrency exchange, Binance. What is a National Stablecoin? A stablecoin is a digital currency designed to have a stable value,…
The White House has confirmed that the President granted a pardon to Changpeng Zhao (CZ), the convicted founder of the cryptocurrency exchange Binance. Zhao had previously pleaded guilty to federal charges related to money laundering and violating U.S. sanctions laws, resulting in a prison sentence and massive corporate fines for Binance. The decision to pardon…
