Finance

Hong Kong unveils stablecoin consultation results
-
22 July, 2024

Hong Kong unveils stablecoin consultation results

The FSTB and the HKMA conducted the consultation in 2023, and they will release the results “soon” as stablecoin regulations...
Basel Committee on Banking Supervision makes minor update to digital asset rules
-
19 July, 2024

Basel Committee on Banking Supervision makes minor update to digital asset rules

The final disclosure framework for banks' digital asset exposures and the updated digital asset standard for banks will come into...
Tokenized deposits unlock payment efficiency, reduce settlement risk: Visa
-
19 July, 2024

Tokenized deposits unlock payment efficiency, reduce settlement risk: Visa

Visa partnered with HSBC and Hang Seng Bank in 2023 on a pilot that combined the e-HKD and tokenized deposits...
South Korea’s ruling party wants to postpone 20% digital asset tax to 2028
-
19 July, 2024

South Korea’s ruling party wants to postpone 20% digital asset tax to 2028

Initially scheduled for 2021, the disputed 20% tax on annual digital currency gains could be postponed if the ruling People...
Palau to build its first bond issuance platform on blockchain
-
18 July, 2024

Palau to build its first bond issuance platform on blockchain

Japanese firm Soramitsu has been tapped to build the platform, with Japan’s government offering strategy and project management to Palau,...
Trump’s VP pick JD Vance has ‘crypto’ bros cracking their wallets and licking their chops
-
18 July, 2024

Trump’s VP pick JD Vance has ‘crypto’ bros cracking their wallets and licking their chops

Crypto bros rejoiced when Trump named Sen. J.D. Vance as his VP running mate, given the senator's pro-crypto history, his...