According to the local news outlet The Standard, Hong Kong is making strides in creating a clear framework for stablecoins pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) aims to introduce the proposed comprehensive regulatory framework for stablecoins within 18 months. Stablecoin regulatory progression With Hong Kong’s progressive approach to stablecoin regulations,…
Ordinals 2.0 reduces bloat, brings smart contract-like functionality to inscriptions
Ordinals are creating a paradigm shift in Bitcoin functionality, with the potential to unlock greater possibilities in digital asset management, NFTs, and collectibles. As the Ordinals project evolves, the integration of recursion establishes new opportunities for the creation of complex, interactive content on the Bitcoin blockchain. Labeled “Ordinals 2.0” by Bitcoin personality Dan Held, recursion…
Bank of China subsidiary issues tokenized notes on Ethereum
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Andreessen Horowitz applauds UK’s progressive approach to crypto regulation as a16z to open UK office
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BitGo to acquire 100% equity in Prime Trust parent following latter’s bankruptcy rumors
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Hong Kong’s Web3 industry faces 100,000 person shortfall
Hong Kong Legislative Council Member and Co-founder of G-Rocket, an incubator firm, Wu Jiezhuang, said the region faces a Web3 talent shortage. In an interview with Chinese-language crypto publication Chain Catcher, Jiezhuang covered several points, including developments at G-Rocket, the impact of the Virtual Assets Service Provider (VASP) licensing system in Hong Kong, and the…
Coinbase CEO Brian Armstrong responds to SEC lawsuit; says Gensler’s views ‘not representative’ of US government
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El Salvador’s Bitcoin Volcano in sight
El Salvador continues its dedication to becoming a global leader in the Bitcoin mining industry through the development of its ambitious Volcano Energy project. The country plans to add 241 MW of renewables and 1.3 Eh/s of Bitcoin mining, marking a further step towards “economic freedom,” energy competitiveness, and “self-reliance,” as shared on Twitter by…
Speculation mounts on Central Asian country to announce Bitcoin treasury holding
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Binance gains ISO certifications amid global regulatory hurdles
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