Key bitcoin indicators are signaling a potential shift to a bearish market regime as traders await Federal Reserve Chairman Jerome Powell's remarks at the Jackson Hole Symposium.The first one…
In brief
Hong Kong's stablecoin licensing regime takes effect today, requiring fiat-referenced issuers to obtain HKMA approval.
It comes shortly after the U.S. passed the GENIUS Act, sparking comparisons between the two…
China-based e-commerce giant JD.com has reportedly registered entities tied to a potential stablecoin rollout just days ahead of Hong Kong’s stablecoin regulations going into effect.JD.com, often referred to as China’s…
New Zealand's government plans to ban crypto ATMs as part of an overhaul of its anti-money laundering and countering the financing of terrorism (AML/CFT) regime.The government wants to target the…
In brief
New Zealand is banning crypto ATMs and capping international cash transfers at $5,000.
The reforms will expand enforcement powers to enable more comprehensive financial surveillance of individuals of interest.
Industry leaders…
Iranian cryptocurrency exchange Nobitex was hacked for around $90 million on Wednesday, on the surface of it an almost routine exploit in an industry that already dealt with a $223…
U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins doubled down on his commitment to enacting a clear crypto regulatory framework during a roundtable hosted by the agency on May…