Hong Kong reiterates ‘crypto’ and stablecoin regulation pledge as crime skyrockets
Treasury Minister says Hong Kong is to introduce licensing regimes for VASPs, OTCs, and stablecoins to curb crime, which shot up five times in the past three years.
Treasury Minister says Hong Kong is to introduce licensing regimes for VASPs, OTCs, and stablecoins to curb crime, which shot up five times in the past three years.
Citibank’s proof of concept proved it’s possible to issue tokenized versions of private equity funds and remain compliant and compatible with existing banking systems.
The Financial Services Agency recommended that banks prohibit transfers to VASPs if the sender’s name differs from the account name, sparking concern in Japan over P2P crackdown.
The economic reform bill was approved by the Ministry of Industry, and it will enable venture capitals to invest in Web3 startups and receive digital assets in return.
A team of researchers from Salus Security found that GPT-4 scored poorly in detecting smart contract vulnerabilities and tended to miss critical weak points.
The People Power Party is luring voters with promises to defer the upcoming taxes by another two years to 2027 and prefers implementing regulations first.
Despite regional adoption, banks in Honduras are now banned from investing in, intermediating, or maintaining accounts for entities involved in digital assets.
Proponents say the Act allows Americans to own and self-custody digital assets and engage in mining without fear of anti-crypto legislators.
A study by accounting firm Deloitte found that an increasingly complex regulatory landscape for digital assets was the most cited challenge by executives at 45%.
Ethiopian Investment Holdings has signed the deal with Hong Kong’s West Data Group for data mining and AI, but an insider revealed that it involved BTC mining.
As the U.K. edges closer to a general election, the digital pound is becoming a contentious political issue amid mounting opposition from privacy lobbyists.
A three-year license issued to virtual asset service providers (VASPs) in 2021 expires this year, and they have to renew it; South Korea’s FIU plans to use this opportunity to expel ‘unfit’ exchanges.