Tag: crypto

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Singapore Crypto awareness reaches new peak even as ownership declines

The Independent Reserve Cryptocurrency Index reported a decline in cryptocurrency ownership in Singapore, with nearly 50% of holders liquidating their assets. It attributed the...

Major US Banks reportedly in early discussions to launch joint Crypto stablecoin: WSJ

The Wall Street Journal reported that companies affiliated with JPMorgan, Bank of America, Citigroup, and Wells Fargo have discussed the potential joint issuance of...

Trump’s crypto advisor david sacks says stablecoin bill may unlock trillions in U.S. treasury demand

During an interview on CNBC's Closing Bell Overtime late Wednesday, the passage of the GENIUS Act stablecoin bill was anticipated by White House crypto...

Hong Kong enacts legislation to regulate fiat-backed stablecoins

A licensing framework for stablecoin issuers has been introduced through the new law, as efforts are being made by the city to strike a...

Russia moves to confiscate Crypto amid crackdown on domestic transactions

It has been emphasized by Russian authorities that the use of cryptocurrency for domestic payments is prohibited, while its potential application in international transactions...

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Stablecoin Issuers Replace 40% of China’s Lost US Treasury Demand

As foreign official holdings retreat, crypto firms are identified...

SBI Proposes Stablecoin QR Payments for Japan-Korea Travel

SBI DigiTrust, alongside NICE Information & Telecommunication and DSRV,...

SEC Targets Custody Hurdle for Advisers Providing Crypto Services

Certain crypto assets have remained off-limits for some clients...

HSBC Redcoin to Launch With Transfers and Payments in Hong Kong

Person-to-person transfers and merchant payments will be prioritized initially...

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