Business

Hong Kong Chamber of Commerce calls for stablecoin issuance
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10 February, 2024

Hong Kong Chamber of Commerce calls for stablecoin issuance

The HKGCC made the suggestions in a Budget Submission to the Office of the Financial Secretary, calling for the rollout...
US Treasury Department assesses ‘crypto’ money laundering, terror financing risks
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9 February, 2024

US Treasury Department assesses ‘crypto’ money laundering, terror financing risks

US Treasury plans to release its 2024 National Strategy for Combatting Terrorist and Other Illicit Finance, which will be based...
Microsoft seeks to shine light on AI’s transformative power with Super Bowl ad
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9 February, 2024

Microsoft seeks to shine light on AI’s transformative power with Super Bowl ad

To spotlight artificial intelligence's immense capabilities to revolutionize the world, Microsoft will dedicate its ad space in the Super Bowl...
Hong Kong to VASPs: Secure license by February 29 or face shutdown
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9 February, 2024

Hong Kong to VASPs: Secure license by February 29 or face shutdown

As the deadline looms, Hong Kong has reiterated its pledge to shut down all unlicensed VASPs by the end of...
Bank of Russia eyes direct support line for retail CBDC users
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9 February, 2024

Bank of Russia eyes direct support line for retail CBDC users

Since mid-2023, the Bank of Russia has been experimenting with its central bank digital currency, the digital ruble, and a...
South Korea wants digital asset criminals sentenced to life imprisonment
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8 February, 2024

South Korea wants digital asset criminals sentenced to life imprisonment

The new amendments will hand life sentences to any criminal that embezzles over $3.8 million, with the minimum time served...
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