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Showing posts from July 18, 2024
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Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback

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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 Regulatory Regime On July 17, Hong Kong regulators—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/kjRJpxX

Kraken Expands Crypto Custody Services to Institutions in UK and Australia

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Crypto exchange Kraken has expanded its custody services to institutional clients in the UK and Australia, marking the first international expansion following its successful U.S. launch in March. Kraken Institutional, already established in the UK and Australia, now offers its custody solution to both existing and new clients in these countries, emphasizing security and client […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/kjRJpxX

Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin Sandbox

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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 to promote sustainable and transparent growth in the digital asset market. Zodia is Standard Chartered’s […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/kjRJpxX

FBI Seizes $2.5M in Crypto From Thailand-Based Pig Butchering Scam Targeting Americans

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The U.S. Attorney’s Office has launched a civil forfeiture action to reclaim cryptocurrency seized by the FBI from international fraudsters involved in “pig butchering” schemes. This initiative aims to return the stolen funds to victims and hold criminals accountable. “The rate at which bad actors are using elaborate pig-butchering scams to defraud innocent people is […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/wNd591B