Hong Kong Stablecoins Bill Advances to the Legislative Council

Source: Cointelegraph The bill includes licensing requirements for stablecoin issuers, offering and marketing restrictions and broader consumer protections. Hong Kong’s proposed Stablecoins Bill has entered the Legislative Council, moving the region closer to forming a comprehensive regulatory regime for stablecoins. On Dec. 6, the Hong Kong government published the bill in the special administrative region’s… Continue reading Hong Kong Stablecoins Bill Advances to the Legislative Council

U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

Source: CoinDesk The House’s passage of the digital assets legislation passes the crypto baton to the Senate, where odds remain low for decisive action. The U.S. House vote goes 279-136 to approve the Financial Innovation and Technology for the 21st Century Act with a very strong showing from House Democrats. The passage of the crypto… Continue reading U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support