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Hong Kong issues regulatory standards for tokenized financial products

The Hong Kong Monetary Authority (HKMA) unveiled comprehensive regulatory standards on Feb. 20 for the sale and distribution of tokenized financial products by authorized institutions. The initiative aims to foster innovation while ensuring robust consumer protection within the burgeoning field of tokenization, where real-world assets (RWA) are digitally represented using distributed ledger technology or similar […] The post Hong Kong issues regulatory standards for tokenized financial products appeared first on CryptoSlate. дальше »

2024-2-21 22:38


Bitcoin ETF inflows surge, threatening gold’s reign as store-of-value

Bitcoin ETF inflows surge, threatening gold’s dominance. Divergence in fund flows: Bitcoin gains, gold loses. Bitcoin acts as a ‘risk-on’ investment and a safe-haven asset. In a seismic shift within the financial landscape, Bitcoin is rapidly gaining ground as a store-of-value asset, challenging its traditional counterpart, gold. дальше »

2024-2-19 21:01


Web3, Crypto Ventures Optimistic Amid Japan’s Pending Law Update

Japan stands on the brink of a transformative shift with its upcoming investment law update, poised to significantly empower web3 and crypto ventures. This pivotal change promises to elevate Japan's status in the global tech arena, heralding a new era of blockchain and digital financial advancements The post Web3, Crypto Ventures Optimistic Amid Japan’s Pending Law Update appeared first on BeInCrypto. дальше »

2024-2-19 14:00


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Tether CEO implies Circle director misled Congress in ‘desperation’ attack on USDT

Stablecoin issuers Tether told CryptoSlate in a Feb. 16 statement that it is actively averting the misuse of stablecoin technology by working with global law enforcement agencies. The remarks followed comments by Caroline Hill, Senior Director of Global Policy and Regulatory Strategy at Circle, during a House Financial Services Committee hearing titled ‘Crypto Crime in […] The post Tether CEO implies Circle director misled Congress in ‘desperation’ attack on USDT appeared first on CryptoSlate. дальше »

2024-2-17 17:59


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US banking groups lobby SEC for rule change to enter Bitcoin ETF market

Multiple US banking groups are seeking inclusion in the Bitcoin exchange-traded funds (ETFs) landscape, prompting a request for a rule change to facilitate their participation. In a Feb. 14 letter to SEC Chair Gary Gensler, a coalition comprising the Bank Policy Institute, the American Bankers Association, the Securities Industry and Financial Markets Association, and the […] The post US banking groups lobby SEC for rule change to enter Bitcoin ETF market appeared first on CryptoSlate. дальше »

2024-2-17 15:45


Bitcoin Push Beyond $50,000 Creates New Era Of Hope, What Comes Next?

Experiencing a decline to below $40,000 earlier this year, then steadily rising above $42,000, the price of Bitcoin (BTC) has witnessed a rollercoaster of fluctuations during this bullish phase. Related Reading: Wall Street Gobbles Up Bitcoin Nearly 13 Times Faster Than It’s Made, Financial Guru Says Bitcoin’s price has skyrocketed beyond the $50,000 mark, meeting […] дальше »

2024-2-14 01:00


By The Numbers: Bitcoin Received $200 Million Investment From This Financial Giant

According to a Reuters report, Founders Fund, the venture capital (VC) firm founded by billionaire Peter Thiel, is once again betting big on the flagship cryptocurrency, Bitcoin. The VC firm is reported to have made significant profits on their last Bitcoin investment and would be hoping that this next market cycle also brings immense rewards. дальше »

2024-2-14 21:00