Hong Kong to Align Crypto OTC Derivative Rules with EU Standards
Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA standards, incorporating Digital Token Identifiers.
Fhumulani Lukoto
Fhumulani Lukoto holds a Bachelors Degree in Journalism enabling her to become the writer she is today. Her passion for cryptocurrency and bitcoin started in 2021 when she began producing content in the space. A naturally inquisitive person, she dove head first into all things crypto to gain the huge wealth of knowledge she has today. Based out of Gauteng, South Africa, Fhumulani is a core member of the content team at Coin Insider.
All posts by Fhumulani Lukoto
South Korea Foundation Starts Initiative to Recover Lost Crypto Funds
The DAXA self-regulatory organisation will establish the Digital Asset User Protection Foundation with support from financial authorities.
Kosovo Gains Council of Europe Support on Tracing Crypto Crimes
Kosovo’s FIU collaborates with the Council of Europe to enhance its ability to trace crypto crimes surrounding digital currencies.
Crypto-Native Travel Agency Launches Solana-Based Tokens and Rewards Program
Travala has integrated the Solana blockchain to enable seamless crypto payments, allowing users to book hotels and flights.
Sky DeFi Protocol Drops Wrapped Bitcoin Following Governance Vote
The vote passed with 88% of participants supporting offloading WBTC collateral from the Sky lending platform.
Louisiana’s First Cryptocurrency Payment via Bitcoin Lightning Network
Louisiana's now accepting crypto for state services, with Wildlife and Fisheries making the first payment.
Australia’s Central Bank Launches 3-Year Program for Wholesale CBDC
RBA Assistant Governor Brad Jones stated that the potential advantages of a retail CBDC in Australia must be improved.
Bhutan Holds Twice as Much Bitcoin as El Salvador, Says Arkham
Druk Holdings, Bhutan's investment arm, possesses over 13,000 BTC, more than twice the amount held by El Salvador.
Circle Partners with Sony’s Blockchain Lab to Drive USDC Expansion
The company aims to establish its stablecoin as the standard for Web3 creators on Sony's new layer-2 blockchain.
UAE Central Bank Approves Custodial Risk Insurance for Digital Assets
OneDegree executive suggested that the insurance protects Web3 asset managers from the risk of losing customer funds.
Sky Mulls Dropping Wrapped Bitcoin Amid Concerns Over Justin Sun Ties
The team behind Sky, plans to drop WBTC due to alleged recent changes in ownership as they believe may involve Justin Sun or his affiliates.
UK Government Introduces Bill to Clarify Crypto’s Legal Status
The proposed legislation would establish a new category of property under UK law, defining digital assets as "things."