Block24Seven

JPMorgan to Enable Crypto Purchases and Stablecoin Rewards Through Coinbase Partnership

JPMorgan Chase has taken a major step toward bridging traditional finance with the digital asset economy by partnering with leading crypto exchange Coinbase. This collaboration will allow Chase credit card customers to buy cryptocurrencies directly, redeem loyalty points for stablecoin rewards, and seamlessly link their banking to crypto services all moves that signal a deepening…

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Hong Kong Launches 6-Month Transition for New Stablecoin Regulations

In a pivotal move for Asia’s digital asset industry, the Hong Kong Monetary Authority (HKMA) will begin enforcing its much-anticipated stablecoin regulatory framework this Friday. The regulatory rollout kicks off with a six-month transition period, ushering in temporary licenses and stricter compliance measures for stablecoin issuers. This phased approach underscores Hong Kong’s effort to balance…

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White House Steps in to Postpone CFTC Chair Vote amid Key Crypto Regulatory Shifts

In a pivotal move for the future of U.S. financial regulation and crypto oversight, the White House has requested the Senate Agriculture Committee delay its vote on Brian Quintenz’s nomination as chair of the Commodity Futures Trading Commission (CFTC). This decision comes just as Congress prepares for its August recess, raising the stakes for digital…

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