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Hong Kong to increase digital asset regulation in next 18 months, with focus on stablecoins
At the third Foresight Conference, David Chiu, a Hong Kong Special Administrative Region legislative council member, said they must soon...
Tether sued for $3.5 billion for liquidating Celsius loan collateral
The lawsuit seeks to reclaim BTC tokens that Celsius sent to Tether as collateral for loans of the USDT, which...
Coinbase profits plunge as retail traders lose their appetite for self-destruction
Things aren't looking good for Coinbase, which recorded a significant drop in transaction revenue and profit in Q2 while dealing...
FSB paper tackles stablecoin risks to emerging markets, developing economies
The Financial Stability Board paper focused on what it refers to as global stablecoins, which are stablecoins that could be...
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...
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...
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