House Bill Regulatons: Can Stablecoin Issuers Survive the Proposed Bill?

The House Financial Services Committee unveils stablecoin legislation with bipartisan support, proposing regulations for issuers like Circle and Tether.

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HK legislator's company will attract 1,000 Web3 startups in three years.

Hong Kong legislative council member Jonny Ng Kit-Chong created a startup accelerator to lure 1,000 Web3 enterprises to the city-state. The engineer and politician owns over 40 enterprises. Hong Kong's government is pushing G-crypto Rocket's hub proposal. (Read More)

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South Korean Regulators to Harden Punishments for Crypto Fraud Practices

South Korean legislature is mulling plans to tighten its grip on crypto fraud practices (Read More)

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South Dakota legislators successfully block Bitcoin bill proposal

The South Dakota Bitcoin Reserve Bill has been postponed for further review and discussion. This bill, which aims to create a reserve for the cryptocurrency Bitcoin, has sparked debate and interest within the state’s legislative body. Supporters of the bill argue that establishing a Bitcoin reserve would provide a hedge against inflation and economic uncertainty. [...]

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