Source: Cointelegraph Hong Kong’s fintech market is projected to hit $606 billion by 2032, driven by blockchain, digital assets, AI and a proactive Web3 licensing regime. Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping its future.… Continue reading Hong Kong Fintech Sector Sees 250% Blockchain Growth Since 2022
Tag: cryptocurrencies
Dubai Recognizes USDC, EURC as First Stablecoins Under Token Regime
Source: Cointelegraph The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC. The Dubai Financial Services Authority (DFSA) has officially approved Circle’s stablecoins USD Coin and EURC (EURC) as recognized tokens under the authority’s crypto regime — the first stablecoins approved under the regime. Due to this… Continue reading Dubai Recognizes USDC, EURC as First Stablecoins Under Token Regime
South Korea to Allow Institutions to Sell Crypto Donations in 2025
Source: Cointelegraph The country’s securities regulator will also allow 3,500 corporations and professional investors to open “real-name” accounts on cryptocurrency exchanges as part of a pilot program. South Korea’s Financial Services Commission (SFC) is set to allow institutions to begin selling their digital asset donations and instruct banks to offer more services to cryptocurrency firms.… Continue reading South Korea to Allow Institutions to Sell Crypto Donations in 2025
BlackRock CEO Wants SEC to ‘Rapidly Approve’ Tokenization of Bonds, Stocks: What It Means for Crypto
Source: Cointelegraph BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector? Larry Fink, CEO of the world’s largest fund manager BlackRock, has expressed his hope that the US Securities and Exchange Commission (SEC) will swiftly… Continue reading BlackRock CEO Wants SEC to ‘Rapidly Approve’ Tokenization of Bonds, Stocks: What It Means for Crypto
Morgan Stanley to Explore Crypto Offerings For Clients — CEO
Source: Cointelegraph The financial services giant is also considering adding crypto to its trading platform, E-Trade, due to a change in regulatory climate. Morgan Stanley CEO Ted Pick recently said the banking giant is exploring potential crypto offerings for its clients and is in discussions with financial regulators in the United States. Speaking with CNBC… Continue reading Morgan Stanley to Explore Crypto Offerings For Clients — CEO
Brazil’s Congress to weigh Bitcoin Reserve as hedge against global risks
Source: Cointelegraph New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience. A newly proposed bill in Brazil’s Congress plans to establish a sovereign federal Bitcoin Reserve, potentially reshaping the country’s approach to digital assets. The bill was introduced on Nov. 25 by Congressman Eros Biondini and seeks… Continue reading Brazil’s Congress to weigh Bitcoin Reserve as hedge against global risks
Denmark Tax Council recommends bill to tax unrealized crypto gains
Source: Cointelegraph Denmark’s Tax Law Council has recommended introducing a bill that would tax unrealized gains and losses on crypto assets beginning as early as 2026. Denmark’s Tax Law Council recommended introducing a bill that could potentially tax unrealized gains and losses on crypto assets held by Danish crypto investors beginning as early as 2026.… Continue reading Denmark Tax Council recommends bill to tax unrealized crypto gains
Tether plans to launch dirham stablecoin with UAE partners
Source: Cointelegraph Tether teams up with the UAE’s Phoenix Group and Green Acorn Investments to launch a dirham-backed stablecoin, which aims to improve international trade and remittances. Tether, the largest stablecoin provider in the digital asset industry, has announced plans to launch a new stablecoin pegged to the United Arab Emirates dirham (AED). According to… Continue reading Tether plans to launch dirham stablecoin with UAE partners
MetaMask unveils new toolkit to streamline Web3, user onboarding
Source: Cointelegraph Consensys introduces a game-changing toolkit at EthCC, streamlining decentralized app development and enhancing Web3 user engagement. Consensys unveiled the MetaMask Delegation Toolkit at EthCC, marking a significant milestone in the company’s efforts to promote Web3 and blockchain adoption. According to a press release shared with Cointelegraph, the toolkit enables developers to create decentralized… Continue reading MetaMask unveils new toolkit to streamline Web3, user onboarding
Donald Trump Vows to End Joe Biden’s ‘War on Crypto’
Source: Cointelegraph United States presidential candidate Donald Trump reiterated his intention to take a more favorable stance toward cryptocurrency than the current Biden administration. Former United States President Donald Trump has promised to end President Joe Biden’s “war on crypto” if elected. “I will end Joe Biden’s war on crypto, and we will ensure that… Continue reading Donald Trump Vows to End Joe Biden’s ‘War on Crypto’
