Hong Kong stablecoins bill advances to the Legislative Council
The proposed bill includes specified licensing requirements for stablecoin issuers, offering and marketing restrictions and broader consumer protection.
Related Posts
Amid election throes, Bitcoin goes: Bad Crypto news of the week
Check out this week’s Bad Crypto podcast 1852 Total views 20 Total shares It’s been a week. Whether the politics made it good or bad week depends on your view but if you’re holding Bitcoin, it was certainly good. The price is up more than 8.5 percent over the last seven days. It’s now well…
ZachXBT criticizes block explorers on L1 chains, calls for overhaul
ZachXBT identifies gaps in block explorer quality across several L1 blockchains, urging significant improvements.
Decentralized storage platform introduces perpetual storage and community satellite
The latest update would incentivize the community to participate in the ecosystem and make enterprise storage viable for all. 113 Total views 4 Total shares Own this piece of history Collect this article as an NFTDecentralized storage networks are getting increasingly popular over mainstream centralized ones such as AWS, Google and Microsoft. The primary reason…
Blockchain as Key to Vienna’s Digital Future — Interview with Ulrike Huemer, CIO of Vienna, Austria
Austria is Europe’s leader in terms of applying modern day technology to better the all-around welfare of its citizens. Making cities “smart” and digital is a key part of transforming public goods and services in order to reach that goal. Vienna is especially keen on innovation, trying to find new solutions by way of digitization. Easy…
Vietnam’s crypto adoption: Factors driving growth in Southeast Asia
The Southeast Asian nation of Vietnam now ranks among the top nations adopting cryptocurrencies. Indeed, the country has ranked first on Chainalysis’ Global Crypto Adoption Index for two years in a row.Chainalysis’ research methodology took into account population-adjusted adoption in crypto platforms ranging from centralized exchanges to peer-to-peer (P2P) payment networks. Web traffic to major…
This oracle data provider platform has surpassed 4 million nodes since inception
The protocol has weathered multiple bear markets and has nearly 250 million data payloads and counting. 133 Total views 2 Total shares Can a fully-functional oracle network ecosystem that anonymously collects and validates geospatial (location-specific) data exist? One blockchain firm seems to have gotten the gist of the idea. Founded in 2012, XY Labs and…
Breaking: Signature Bank closed by New York banking authorities
The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement. Own this piece of history Collect this article as an NFTThe Board of Governors at the United States Federal Reserve has taken immediate action to close down Signature Bank.The…
Bitcoin price hits $20.8K as volatility ensues over Fed 75-point rate hike
The Fed acts as expected, with comments from Chair Jerome Powell still to come as BTC/USD wakes up. Bitcoin (BTC) saw instant volatility on Nov. 2 as the United States Federal Reserve enacted a fourth consecutive 0.75% interest rate hike.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed hints more hikes to comData from Cointelegraph Markets Pro…