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Dernières de Lavender Au
Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
The city’s new licensing regime paves the way for exchanges to operate legally and serve retail clients but tough compliance requirements could cost firms as much as $20 million, industry insiders say.
Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges.
Binance Japan Starts Onboarding Users
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.
Singapore High Court Declares Crypto as Property in Case Involving Bybit
The ruling held that a crypto asset is a “thing in action” enforceable via court orders.
Japan Signals More Web3 Promotion Policies Are Coming
Japan's Prime Minister Fumio Kishida said on Tuesday that the country plans to improve the environment for Web3 when it comes to using tokens and revitalize the content industry.
Meet the Hong Kong Lawmaker Who Invited Coinbase to Town
Legislative Council member Johnny Ng is courting crypto exchanges to get licensed in the city as the U.S. drives digital asset firms offshore.
Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta
The National Unity Government (NUG) bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.
South Korea Wants Companies to Disclose Crypto Holdings
Under draft rules, companies that issue or own crypto will have to make disclosures in their financial statements starting next year.
Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.
Singapore Bank DBS Starts e-CNY Collection Platform for Corporate Clients in China
The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.
