Hong Kong SFC introduces new custody standards, bolstering virtual asset platforms' digital asset security.
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Hong Kong SFC Unveils Crucial Custody Standards for Virtual Asset Platforms

Hong Kong’s financial landscape is evolving rapidly. The Securities and Futures Commission (SFC) recently unveiled a significant regulatory update. This move directly impacts virtual asset platforms operating within the region. It signals a robust commitment to investor protection and market integrity. This development arrives as global scrutiny on digital assets intensifies. Consequently, the new guidelines […]

Conceptual image of BIS AML compliance score system influencing crypto transactions.
Blockchain News

BIS AML: A Pivotal Shift for Crypto Compliance with Token Scoring

The financial world is buzzing with a groundbreaking proposal. Researchers at the Bank for International Settlements (BIS) have introduced a new concept. This concept aims to revolutionize anti-money laundering (AML) efforts in the cryptocurrency space. Their idea involves assigning a compliance score to crypto tokens. This **BIS AML** initiative seeks to curb illicit financial activities. […]

Ex-SEC official TuongVy Le joins Veda to boost institutional DeFi adoption
Blockchain News

Veda Secures Ex-SEC Official TuongVy Le to Drive Explosive Institutional DeFi Growth

In a bold move to bridge the gap between regulation and innovation, Veda has appointed former SEC official TuongVy Le as its General Counsel. This strategic hire underscores Veda’s ambition to dominate the institutional DeFi space while navigating the complex regulatory landscape. Why Veda’s Hiring of an Ex-SEC Official Matters for DeFi TuongVy Le’s nearly […]

BlackRock's GENIUS Act framework reinforcing dollar dominance via stablecoins
Blockchain News

BlackRock’s GENIUS Act Framework: A Bold Move to Secure Dollar Dominance with Stablecoins

Could BlackRock’s proposed GENIUS Act framework be the key to maintaining the U.S. dollar’s global dominance in the age of cryptocurrencies? The world’s largest asset manager has unveiled a compelling vision for how regulated stablecoins could revolutionize global finance while reinforcing dollar supremacy. How BlackRock’s GENIUS Act Could Reshape Global Payments BlackRock’s strategists argue that […]

Hong Kong's Stablecoin Ordinance boosts crypto regulation and investor protection
Blockchain News

Hong Kong’s Stablecoin Ordinance: A Bold Step Toward Investor Protection and Crypto Innovation

Hong Kong’s Stablecoin Ordinance is setting a new benchmark for crypto regulation, offering a 6-month compliance period to balance innovation with investor protection. Here’s what you need to know. What is the Hong Kong Stablecoin Ordinance? The Hong Kong Monetary Authority (HKMA) has introduced a groundbreaking framework to regulate stablecoins. Key features include: Mandatory reserve […]

TuongVy Le, former SEC official, joins Veda to lead institutional DeFi expansion
Blockchain News

Veda Secures Former SEC Official TuongVy Le to Revolutionize Institutional DeFi Expansion

In a bold move to strengthen its regulatory and institutional DeFi strategy, Veda has appointed former SEC official TuongVy Le as its General Counsel. This hiring signals Veda’s commitment to navigating the complex crypto regulatory landscape while scaling its cross-chain yield offerings for institutional investors. Why Veda’s Hiring of TuongVy Le Matters for DeFi TuongVy […]

MiCA regulation authorizes crypto entities in Europe with digital currency symbols
Blockchain News

MiCA Regulation Shakes Up Europe: 53 Crypto Entities Authorized, But Binance and Tether Left Out

The European Union’s Markets in Crypto-Assets Regulation (MiCA) has officially begun reshaping the crypto landscape, authorizing 53 entities while notably excluding giants like Binance and Tether. This pivotal moment signals a new era of compliance and oversight for the industry. What Does MiCA Regulation Mean for Crypto Entities? The MiCA framework establishes clear rules for […]