Hong Kong unveils new stablecoin licensing regime

The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback.

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EU MiCA stablecoin regulations come into effect: Law Decoded

Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets.

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Hong Kong SFC considers allowing Ether staking for ETF issuers

The SFC reportedly held discussions with the countrys crypto ETF issuers about providing staking services via licensed platforms.

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Bank of Russia Expects Significant Growth in Digital Assets Market

The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for its further development. Russia’s Central Bank Issues Report on Market for Digital Assets The Central Bank [...]

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EUs MiCA approves 10 stablecoin issuers, excluding Tether

10 Stablecoin Providers Authorized under EU MiCA The European Union has given approval to 10 different stablecoin issuers under the Markets in Crypto-Assets (MiCA) regulation. This move signals a significant step towards regulatory clarity within the fast-evolving cryptocurrency industry. The approval process was rigorous, with each stablecoin provider required to meet strict criteria established by [...]

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EU Council Adopts New Rules for Europe’s Crypto Markets

The Council of the European Union has given its final approval to new regulations for crypto assets and markets in the EU. The decision completes a lengthy and complex legislative process for what’s considered to be the world’s first comprehensive legal framework for digital assets like bitcoin. EU Finance Ministers Give Final Nod to Markets

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