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Finance

Hong Kong bares stablecoin bill; Iran to regulate digital assets
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23 December, 2024

Hong Kong bares stablecoin bill; Iran to regulate digital assets

Stablecoin issuers in Hong Kong must obtain a license, segregate their reserves and hold them in local banks, and have...
Nigeria, South Africa lead in global digital currency ownership
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23 December, 2024

Nigeria, South Africa lead in global digital currency ownership

The report by Consensys revealed that 3 in 4 Nigerians own and have owned digital assets and 99% have heard...
WEF highlights tokenization’s transformative impact
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23 December, 2024

WEF highlights tokenization’s transformative impact

The World Economic Forum published a report justifying the popularity of tokenization globally as financial institutions and enterprises launch projects...
UK’s FCA releases paper on digital asset disclosures, abuse
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20 December, 2024

UK’s FCA releases paper on digital asset disclosures, abuse

The FCA's paper tackles the future market abuse regime for cryptoassets and the digital asset admissions and disclosures regime, which...
Indonesia concludes proof of concept for wholesale CBDC
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20 December, 2024

Indonesia concludes proof of concept for wholesale CBDC

Bank Indonesia finalized the PoC for the digital rupiah; meanwhile, Société Générale and Banque de France concluded a blockchain repo...
HK fast-tracks digital assets licensing; S. Korea delays regulation
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20 December, 2024

HK fast-tracks digital assets licensing; S. Korea delays regulation

Hong Kong's Legislative Council verifies the Financial Services and the Treasury strategy toward digital currencies, while South Korea's martial law...
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