Standard Chartered’s Hong Kong branch, crypto investment firm Animoca Brands, and telecommunications giant HKT have formed a joint venture to issue a stablecoin tied to the Hong Kong dollar. Announced on February 17, the collaboration aims to apply...
Scammers posing as Saudi Arabia’s Crown Prince Mohammed bin Salman has launched a fraudulent cryptocurrency, exploiting the growing hype around celebrity-endorsed memecoins. The deceptive token, branded as the “Official” Saudi Arabia memecoin (KSA), was introduced on February 17...
Bundesbank President Joachim Nagel emphasized the necessity of a state-controlled digital euro to mitigate private sector influence in global finance. At an OMFIF event at the London School of Economics, he cautioned about the risks associated with Bitcoin...
Binance has announced plans to delist several tokens following a periodic review, but they were found to meet the platform’s standards no longer. In a statement issued to traders, the exchange confirmed that AirDAO (AMB), Clover Finance (CLV),...
Decentralized lending platform Liquity has experienced significant outflows after warning users about its v2 stability pools. Over $17 million has been withdrawn in the past 24 hours as concerns grow over an undisclosed potential threat, according to data...
Authorities in Malaysia discovered an illegal Bitcoin mining operation in a residential home following an explosion and fire on February 13, according to local news outlet Malay Mail. Emergency responders were alerted to smoke and an explosion at...
New York State Senator James Sanders Jr. has introduced the New York State Cryptocurrency and Blockchain Study Act. The bill proposes forming a 17-member task force to evaluate the state's cryptocurrency and blockchain technology use. If passed, the...
Mastercard revealed in a recent U.S. SEC filing that it successfully tokenized 30% of its transactions in 2024. The company also acknowledged the growing influence of stablecoins and cryptocurrencies, highlighting their potential to reshape traditional financial services. As...
Texas lawmakers have reintroduced a bill to establish a state-run Bitcoin reserve, refining its structure to allow broader cryptocurrency investments and increased financial flexibility. Senate Bill 21 (SB 21), filed on February 12 by state Senator Charles Schwertner,...
South Korea’s Financial Services Commission (FSC) has announced a significant policy shift, allowing institutions to sell digital asset donations and expanding banking services for cryptocurrency firms. Under the new regulations, charities and universities will be permitted to sell...
