The Hong Kong Legislative Council has passed the Stablecoin Bill, clearing the way for regulated stablecoin issuers. Starting later this year, institutions can apply to the Hong Kong Monetary Authority to become licensed stablecoin providers. The new rules require stablecoins to be fully backed by legal tender, aiming to increase trust and security in the market. This move is expected to boost innovation while protecting investors in Hong Kong’s growing digital currency space.
Pakistan is considering a new approach to deal with its long-standing energy crisis by introducing…
Story Highlights The Ethereum price today is . ETH price with a potential surge could…
Brazil’s proposed Bitcoin Reserve Bill has passed its first committee, marking a major step toward…
BlackRock, the world’s largest asset manager with $11.5 trillion in assets, is setting its sights…
Japanese fashion brand ANAP Holdings has expanded its Bitcoin portfolio, adding around 50.56 BTC in…
Tether has purchased a 31.9% stake, about 78.4 million shares, in Elemental, a gold mining…
