HKMA Stablecoin Regulations to Demand Backing by Underlying Assets
The Hong Kong Monetary Authority (HKMA) was not successful in identifying a location within the core concepts of the regulatory architecture that it indicated that would be appropriate for algorithmic stablecoins. This is something that is…
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HSBC is now ready to venture into the crypto market
HSBC posted crypto-related job openings on its career page today.
Peers have already launched crypto products in recent…
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Metaverse, Blockchain & Digital Assets: 10 Legal Challenges for Companies in 2023 | ArentFox…
With the start of the new year, the ArentFox Schiff Metaverse Industry team reviews 10 of the most pressing legal issues for companies in 2023.
The Long Crypto Winter. As the crypto bear market approaches its 15th month and crypto…
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Crypto gamer wallet ‘Immutable Passport’ aims to be Gamertag of web3
Immutable, the web3 gaming company behind Gods Unchained and Guild of Guardians, and the ImmutableX gaming optimized blockchain, announced “Immutable Passport” on Jan. 31.The Passport is intended to be “an all-in-one wallet, gamer profile,…
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Analyst Benjamin Cowen Says Bitcoin Could Be on Cusp of Major Trend Shift As Potential Repeat of…
Widely followed crypto analyst Benjamin Cowen says Bitcoin (BTC) is setting up for a potential trend shift that could result in an explosive rally similar to the one in 2019.
In a new strategy session, Cowen tells his 783,000…
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‘New Era’ As Cardano (ADA) Based Stablecoin Djed Goes Live on Mainnet
Ethereum (ETH) rival Cardano (ADA) has seen its first overcollateralized stablecoin Djed (DJED) go live on the mainnet.
DJED aims to be pegged with the US Dollar and is backed by Cardano’s native token ADA.
Last month,…
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