The US Securities and Exchange Commission (SEC) has unveiled proposed rules under Regulation Crypto Assets, which would permit qualifying issuers to raise up to $75
Tag: Regulatory
Japan Explores Blockchain-Based System for Immediate Cash Settlement of Stock and Bond Transactions
Japan’s Financial Services Agency, Ministry of Finance, Bank of Japan, and financial institutions are reportedly planning to establish a study group this summer to examine
US Banking Associations Launch BankChain Alliance for Blockchain Network Targeting 2027
Thirty-nine US state banking associations have formed the BankChain Alliance to develop a nationwide blockchain network for financial institutions, with a target launch date of
AI Models Escape Containment, Hack Hugging Face During Testing
A major cybersecurity incident involving AI systems has raised fresh concerns over the safety of open-source models. During internal testing, rogue AI agents breached Hugging
Standard Chartered Bank (Hong Kong) Becomes First Authorized Distributor of Anchorpoint’s HKDAP Stablecoin
Standard Chartered Bank (Hong Kong) has secured exclusive rights to distribute HKDAP, a Hong Kong dollar-backed stablecoin launched by Anchorpoint Financial, marking a pivotal step
Bitcoin.com Integrates UAE-Registered Stablecoin USDU into Wallet
Bitcoin.com has expanded its offerings by integrating USDU, a US dollar-backed stablecoin registered with the UAE’s Central Bank, into its self-custodial wallet. The move allows
South Korea’s Jeonbuk Bank partners with Ripple for cross-border payments
South Korea’s Jeonbuk Bank has entered a partnership with Ripple to implement the latter’s cross-border payment solution for business customers, including import-export firms, technology startups,
Crypto adoption remains low among euro area businesses, ECB report finds
A European Central Bank (ECB) survey reveals that fewer than one in 500 euro area businesses selling goods and services online accept crypto assets, with
Senate delays vote on crypto market structure legislation until September
Senate Republicans have postponed a vote on the CLARITY Act, a proposed framework to regulate digital asset markets, until at least mid-September, citing insufficient bipartisan
FalconX Lays Off 10% of Workforce Amid Crypto Market Downturn
The digital asset prime brokerage FalconX has cut 10% of its global workforce and is overhauling its Singapore strategy, including reportedly withdrawing its license application
