Standard Chartered, Animoca Brands, and HKT Partner To Launch Hong Kong Dollar-Backed Stablecoin as Regulatory Framework Advances

Source: CoinMarketCap Standard Chartered, Animoca Brands, and HKT have partnered to launch a Hong Kong dollar-backed stablecoin. Standard Chartered, Animoca Brands, and HKT have partnered to launch a Hong Kong dollar-backed stablecoin. The joint venture aims to apply for a license from the Hong Kong Monetary Authority (HKMA) under the city’s upcoming stablecoin regulatory framework.… Continue reading Standard Chartered, Animoca Brands, and HKT Partner To Launch Hong Kong Dollar-Backed Stablecoin as Regulatory Framework Advances

Thailand to Block Access to ‘Unauthorized’ Crypto Platforms

Source: CoinDesk The Thai SEC cited earlier decisions by nations like India and the Philippines in blocking unauthorized platforms. Thai authorities have decided to block “unauthorized” crypto platforms. The authorities have not named the entities they see as unauthorized, but have asked users to quickly withdraw their assets. Authorities in Thailand have decided to block… Continue reading Thailand to Block Access to ‘Unauthorized’ Crypto Platforms