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What is Hong Kong’s Stablecoins Bill and How Could It Become Law?
Hong Kong’s Stablecoins Bill outlines the measures needed to safeguard consumers dealing with stablecoins—cryptocurrency assets pegged to reserved assets, such as fiat currencies, to maintain price stability amid market fluctuations.
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Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
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Stablecoin Issuer Tether Moves Into Tokenising Stocks and Bonds
The platform Hadron by Tether will allow users to convert assets into products ranging from stablecoins that are pegged to fiat to digital tokens backed by commodities or other forms of collateral.
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Crypto Firms Including Robinhood, Kraken Launch Global Stablecoin Network
The aim of the newly formed Global Dollar Network is to accelerate usage of stablecoins worldwide and promote an asset that provides proportionate economic benefits to its partners, the companies said.
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Visa’s Crypto Partner Firm Transak Confirms Data Breach, Over 92,500 Users Impacted
In an official statement, Transak revealed that the personal details of 92,554 users were exposed in a data breach. The platform, which provides a gateway for converting fiat currencies into cryptocurrency, operates in over 162 countries, according to its website.
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Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
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Crypto ATMs See Twice as Many Illicit Activities as Overall Industry: TRM Labs
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
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Total Capitalisation of Digital Assets Rose by 44 Percent in H1 2024: Binance
Binance has revealed that the overall capitalisation of the crypto sector rose by 44 percent or $720 billion (roughly Rs. 60,45,112 crore) in the first half of 2024. The influx of stablecoins into the crypto market has also shown a significant rise this year. Stablecoins are those crypto assets that are backed by traditional assets like fiat curren...
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Valora Launches Mobile Stack Web3 Launchpad for iOS, Android Apps
Valora has announced the launch of a new service called ‘Mobile Stack’, that will act as a launchpad for Web3 apps to run as smoothly as possible on smartphones. Jackie Bona, the Co-founder and CEO at Valora, the US-based payments firm, confirmed the development over the weekend through a post on X.
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Fiat Reveals Grande Panda Globally, To Be Available As Hybrid, Electric
The Grande Panda is the first new product in the family and will be followed by the launch of a new vehicle every year until 2027.
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UK’s Cashaa to Expand its Multifunctional Crypto Wallet Service in India: Details
UK-based crypto wallet firm Cashaa has announced the expansion of its services to India and other locations that include Turkey, Indonesia, Kenya, South Africa, as well as the UAE. Through its services and broader geographical expansion, Cashaa is aiming to stir more engagement around its native token called CAS.
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Over 1,000 Crypto ATM Machines Now Active in Australia: Report
The number of crypto ATM machines in Australia currently stands at the mark of 1,007. In the last four months, crypto market valuation rose close to the capitalisation of $3 trillion (roughly Rs. 2,50,00,650 crore). This bull run for the sector could be considered as a reason behind the rise in the number of crypto ATM machines globally.
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Thailand Takes Decision to Ban Unlicenced Crypto Exchanges to Prevent Online Crime
This week, the Securities and Exchange Commission of Thailand released a public order that said that it was coordinating with the Thai government to block unauthorised providers of digital assets services.
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Bhagwant Mann's "Old Model Of Fiat Car" Dig At Congress In Punjab Assembly
Punjab Chief Minister Bhagwant Mann on Monday likened the Congress to an "old model of Fiat car" even as he took potshots at party leader Rahul Gandhi stating that he was "wandering" in Chhattisgarh when the Parliament's budget session was going on.
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Mastercard, Swoo Pay Initiate Work to Offer Crypto-Based Loyalty Rewards: Details
Mastercard has reportedly decided to work with Swoo Pay, a mobile payments app focussed on emerging markets -- where people despite having access to Mastercard and Visa card, do not have access to Google Pay.
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What is Hong Kong’s Stablecoins Bill and How Could It Become Law?
Hong Kong’s Stablecoins Bill outlines the measures needed to safeguard consumers dealing with stablecoins—cryptocurrency assets pegged to reserved assets, such as fiat currencies, to maintain price stability amid market fluctuations.
-
Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
-
Stablecoin Issuer Tether Moves Into Tokenising Stocks and Bonds
The platform Hadron by Tether will allow users to convert assets into products ranging from stablecoins that are pegged to fiat to digital tokens backed by commodities or other forms of collateral.
-
Crypto Firms Including Robinhood, Kraken Launch Global Stablecoin Network
The aim of the newly formed Global Dollar Network is to accelerate usage of stablecoins worldwide and promote an asset that provides proportionate economic benefits to its partners, the companies said.
-
Visa’s Crypto Partner Firm Transak Confirms Data Breach, Over 92,500 Users Impacted
In an official statement, Transak revealed that the personal details of 92,554 users were exposed in a data breach. The platform, which provides a gateway for converting fiat currencies into cryptocurrency, operates in over 162 countries, according to its website.
-
Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
-
Crypto ATMs See Twice as Many Illicit Activities as Overall Industry: TRM Labs
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
-
Total Capitalisation of Digital Assets Rose by 44 Percent in H1 2024: Binance
Binance has revealed that the overall capitalisation of the crypto sector rose by 44 percent or $720 billion (roughly Rs. 60,45,112 crore) in the first half of 2024. The influx of stablecoins into the crypto market has also shown a significant rise this year. Stablecoins are those crypto assets that are backed by traditional assets like fiat curren...
-
Valora Launches Mobile Stack Web3 Launchpad for iOS, Android Apps
Valora has announced the launch of a new service called ‘Mobile Stack’, that will act as a launchpad for Web3 apps to run as smoothly as possible on smartphones. Jackie Bona, the Co-founder and CEO at Valora, the US-based payments firm, confirmed the development over the weekend through a post on X.
-
Fiat Reveals Grande Panda Globally, To Be Available As Hybrid, Electric
The Grande Panda is the first new product in the family and will be followed by the launch of a new vehicle every year until 2027.
-
UK’s Cashaa to Expand its Multifunctional Crypto Wallet Service in India: Details
UK-based crypto wallet firm Cashaa has announced the expansion of its services to India and other locations that include Turkey, Indonesia, Kenya, South Africa, as well as the UAE. Through its services and broader geographical expansion, Cashaa is aiming to stir more engagement around its native token called CAS.
-
Over 1,000 Crypto ATM Machines Now Active in Australia: Report
The number of crypto ATM machines in Australia currently stands at the mark of 1,007. In the last four months, crypto market valuation rose close to the capitalisation of $3 trillion (roughly Rs. 2,50,00,650 crore). This bull run for the sector could be considered as a reason behind the rise in the number of crypto ATM machines globally.
-
Thailand Takes Decision to Ban Unlicenced Crypto Exchanges to Prevent Online Crime
This week, the Securities and Exchange Commission of Thailand released a public order that said that it was coordinating with the Thai government to block unauthorised providers of digital assets services.
-
Bhagwant Mann's "Old Model Of Fiat Car" Dig At Congress In Punjab Assembly
Punjab Chief Minister Bhagwant Mann on Monday likened the Congress to an "old model of Fiat car" even as he took potshots at party leader Rahul Gandhi stating that he was "wandering" in Chhattisgarh when the Parliament's budget session was going on.
-
Mastercard, Swoo Pay Initiate Work to Offer Crypto-Based Loyalty Rewards: Details
Mastercard has reportedly decided to work with Swoo Pay, a mobile payments app focussed on emerging markets -- where people despite having access to Mastercard and Visa card, do not have access to Google Pay.
