Crypto
Hong Kong's Stablecoin Rules Kick In as It Looks to Establish Its Crypto Credentials
The new rules meal that stablecoin issuers will need to apply for a license in the region.
Indonesia to Raise Taxes on Crypto Transactions: Reuters
Sellers using exchanges located in the country will have to pay a 0.21% tax on the transaction value, up from 0.1%, Reuters said.
JPMorgan Teams With Coinbase to Let Users Buy Crypto With Bank Accounts, Points and Cards
Credit card support is expected to launch this fall, while rewards redemption and bank account linking are slated for 2026.
Bank of Korea to Establish Virtual Asset Team as Lee Looks to Shape Crypto Regime: Report
The team will be responsible for monitoring the digital asset market and holding discussions on crypto-specific legislation.
Crypto Fund JellyC Teams Up With Standard Chartered, OKX for Secure Crypto Trading
JellyC is working with OKX and Standard Chartered to use cryptocurrencies and tokenized money market funds as off-exchange collateral.
Grand Jury Charges Pastor, Wife in Alleged Multi-Million Dollar Cryptocurrency Scam
Between January 2022 and July 2023, Eli and Kaitlyn Regalado allegedly solicited nearly $3.4 million from investors and mostly targeted churches.
UK Says Crypto Sector Likely Under Reporting Sanction Breaches
U.K.-based crypto asset firms also face a high risk of being targeted by North Korean hackers, many of which operate on behalf of sanctioned entities, the report said.
Trump Signs GENIUS Act Into Law, Elevating First Major Crypto Effort to Become Policy
President Donald Trump made it official during a White House ceremony, affixing a signature to the stablecoin regulation bill before a crowd of crypto insiders.
Crypto Market Maker B2C2 Said to Be Raising up to $200M: Source
The transaction will allow majority holder SBI to reduce its stake in the crypto trading firm, the source said.
China Merchants Bank’s Brokerage Arm Secures Hong Kong Virtual Assets License: Report
CMBI is the first Mainland China broker to get a virtual assets license from Hong Kong’s Securities and Futures Commission.
