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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The recent announcement from crypto exchange OKX has sent shockwaves through the Nigerian crypto community. OKX has informed Nigerian clients that they have until Aug. 16 to close their positions, as the platform is ceasing operations in the African country due to local regulations. In a move that has left many users frustrated, OKX stated
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
The partnership between Akedo Games and the TON ecosystem marks a significant milestone in the world of blockchain gaming. This collaboration has the potential to revolutionize the gaming space, offering new and innovative gameplay experiences in a decentralized environment. The TON blockchain ecosystem provides developers with access to a massive user base of over 900
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
Ubisoft is prepared to revolutionize the gaming world with the introduction of Champions Tactics, a highly-anticipated game that combines strategic gameplay with blockchain technology. The Champions Tactics free mint event, set to launch on July 15, provides players with the opportunity to mint up to 75,000 in-game champion figurines without any gas fees. This event
The recent partnership between Wirex and Visa has sparked excitement in the financial world, as two major players in digital payment processing come together to revolutionize the way we handle transactions. Wirex, known for its cutting-edge Web3 money app, and Visa, a frontrunner in global digital payments, have joined forces with the goal of advancing
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,
In the 2024 presidential election, it is clear that cryptocurrency has become a significant factor in shaping voter opinions. Recent polls have shown that a substantial number of Republicans have shifted their views on Donald Trump due to his newfound support for cryptocurrencies. This change in stance has influenced 13% of Republicans who initially did
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