Hong Kong passed a stablecoin bill that will enable the region to establish a licensing regime for fiat-backed stablecoin issuers."Hong Kong’s stablecoins are backed...
Key Takeaways
The initiative includes the creation of a dual-headquarters model, with Paris joining Vilnius, Lithuania, as one of Revolut’s core EU bases
The company is...
The Cayman Islands, an autonomous British Overseas Territory in the Caribbean that has attracted many crypto firms over the past several years thanks to...
The licenses mark critical milestones in the company’s ongoing effort to establish a robust compliance framework while addressing mounting concerns over XRP’s decentralization.
Strategic Regulatory...
Key Takeaways
The penalties imposed range between $13,600 and $27,200 per company.
Marketing materials must now include prominent disclaimers, highlighting the risks associated with virtual asset...