The initiative will initially focus on tokenized deposits with the HKMA providing support to local banks for trials.
Read moreAmericans expect stock boost in 2025, along with global, political conflict
History shows a rise in stock market indexes will be accompanied by increasing Bitcoin and crypto market prices, albeit in a more volatile manner.
Read moreTop 5 Bitcoin critics unfazed by $100K BTC milestone
Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.
Read moreRelationship building is a hedge against debanking — OKX exec
Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities.
Read moreNYDFS approves BitLicense for Anchorage Digital subsidiary
With the addition of Anchorage’s New York arm, the New York financial regulator has approved 34 companies since the BitLicense scheme launched in 2015.
Read moreFDIC asked banks to ‘pause’ crypto activities — Court docs
Coinbase chief legal officer Paul Grewal claimed the letters provided evidence that an alleged US government attempt to debank firms “wasn’t just some crypto conspiracy
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