Hong Kong Nears Completion of Stablecoin Regulations, Set to Unveil Framework by 2024

Hong Kong is progressing towards the development of stablecoin regulations, with the final guidelines expected to be unveiled by 2024, as per disclosures by legislator Duncan Chiu. Over the past two years, Hong Kong has been diligently crafting regulations for stablecoins, with the Hong Kong Monetar ...

The Mechanics of XRP Reaching $100,000: Tokenization and On-Demand Liquidity

The world of cryptocurrency is rife with audacious price forecasts, and the idea of XRP soaring to $100,000 might seem fanciful. However, let's take a closer look at the mechanisms that could potentially drive XRP to such unprecedented heights. On-Demand Liquidity: XRP's Pivotal Role XRP ...

Ernst&Young Launches Blockchain-based Platform for Carbon Emissions Tracking

British accounting firm Ernst&Young (EY) has launched a beta version of an Etherium blockchain-based platform that businesses can use to track their carbon emissions. Ernst&Young said the EY OpsChain ESG platform is now available in beta on the EY Blockchain SaaS ...

Visa Presents Programmable Financial Platform for SMEs in Brazil as Part of CBDC Analysis

The company unveiled this project as part of the LIFT Challenge It's an initiative by the Central Bank of Brazil as part of its CBDC perspective analysis The Visa platform allows even tiny businesses to access blockchain solutions and a pool of investors ...

UK FCA CEO: Cryptocurrencies have evolved into a mainstream asset class

The CEO of the UK Financial Conduct Authority (FCA) has highlighted the evolution of cryptocurrencies from "rebellious instruments" to a mainstream asset class. Ten years ago, digital currencies were viewed as an investment tool for gaining independence from the state, but today, they have gained ...

UK Financial Conduct Authority Discusses Asset Management Improvements Through Tokenization

The Financial Conduct Authority (FCA) in the UK has recently released a discussion paper which outlines several ways to enhance asset management, including the use of tokenization. According to the regulatory body, digital tokens and blockchain technology can provide new opportunities for fund pa ...