Hong Kong is emerging as one of the first major international financial centers to formally regulate fiat-backed stablecoins, as global policymakers tighten oversight of digital payment tokens. In ...
The ED arrested two people in connection with the BitConnect cryptocurrency fraud and a linked kidnapping-extortion case. Assets worth around ₹2,170 crore have been attached or frozen in the case.
Hong Kong expects to issue its first batch of stablecoin licences in the first quarter of this year, the city’s finance chief said at the World Economic Forum in Davos. Financial Secretary Paul Chan ...
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