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…
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…
Twenty One Capital the crypto treasury firm backed by Cantor Fitzgerald, Tether, Bitfinex, and SoftBank has quietly emerged as a major force in institutional Bitcoin accumulation. According to Bloomberg, the company’s Bitcoin holdings now exceed 43,500 BTC, outpacing initial projections and surpassing many industry peers. This move signals an intensifying race among leading institutions to…
