Hong Kong seeks fast regulatory action on stablecoins

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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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…

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

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…