United States Senator Bill Hagerty (R-TN) has introduced the guidance and establishment of national innovation for US Stablecoins (Genius), which would create a regulatory framework for US Dollar-Peggad StablecoinsIncluding to ban algorithmic stablecoins, which require one-to-one reserves and ensure that…
A Kenyan digital asset sector Think Tank has thrown the country’s high taxation and exaggerated compliance costs in its political recommendations to the government. The Virtual Assets Chamber of Commerce (VACC) expressed their suggestions in response to the recently proposed…
Ghana’s government must implement one Digital access regulatory framework to improve Protect investors Like adoption skyrockets in the West African nation, experts say. Local financial, technical and team industry leaders gathered at a recent fintech summit, where digital assets and…
Users of social media are more likely to invest in digital currencies, a New study of the University of Georgia (Uga) has found. The study found that almost 50% of respondents who were constantly using social media had invested in…
Acting US Securities and Exchange Commission (SEC) Chairman Mark Uyeda announced The launch of a cryptocation group “which is dedicated to developing a comprehensive and clear regulatory framework for crypto assets.” In a hint of the agency’s varying strategy for…
In December 2024, Hong Kong government left a proposed Stablecoin Bill to the Legislative Council when it tries to better polise the industry of $ 220 billion. Legislators recently met to discuss the bill for the first time, with some…
Last week, US President Donald Trump signed an executive order describing a digital currency strategy. EO, entitled “Strengthen American Leadership in Digital Financial Technology,” said the United States would promote legal and legitimate Dollar-supported Stablecoins worldwide. In response, the European…
Shanghai arm from People’s Bank of China (PBOC) has expressed a renewed commitment to improve the adoption rate for its Central Bank digital currency (CBDC), Digital Yuanin the region as part of its agenda for 2025. In his press releaseThe…
Bank of Communications (Bocom), one of China’s largest banks, has issued a digital bond of $ 300 million in Hong Kong and will be among the first lenders from China to explore to explore Blockchain bonds in the city state.…
2024 reported the coeingeek that East Asia had received over $ 400 billion In value via Stablecoins and other digital currencies between summer 2023 and 2024. It is perhaps no surprise that Southeast Asia is holding in line, as reports…
