Innovation

Recently, Hong Kong’s financial regulators wrapped up a consultation period regarding a licensing program initiative for fiat-referenced stablecoin (FRS) providers. The consultation, which came to a close in February, garnered 108 submissions from a variety of stakeholders, ranging from market participants to industry associations and professional organizations. The joint statement made on July 17 by
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Delabs Games, a prominent South Korean game development company, has once again made waves in the gaming world with their latest creation: Giga Chad Bat. This clicker game, based on baseball, has been released on the popular messaging platform Telegram. With its incorporation of Web3 technology and adherence to the latest standards, Giga Chad Bat
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Cryptocurrency giants like Coinbase, Ripple, and Andreessen Horowitz (a16z) have taken a significant step by sending representatives to the Republican National Convention (RNC) and the upcoming Democratic National Convention (DNC). This move showcases their commitment to engaging with lawmakers from both political parties to advocate for policies that are favorable to the crypto industry. The
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South Korean lawmakers have recently put forward a bill to postpone the implementation of crypto gain tax until 2028. The ruling political party expressed concerns about the current negative sentiments surrounding the crypto industry as the primary reason for seeking an extension. They emphasized the fact that with the declining investment sentiment towards virtual assets,
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In a recent development, the Securities and Exchange Commission (SEC) has officially closed its investigation into Hiro Systems and the Stacks blockchain without recommending any enforcement action. This investigation, which spanned over three years, has been a significant chapter in the history of the Bitcoin Layer-2 network. The investigation was initiated following the first-ever SEC-qualified
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