Cryptocurrency News

Tether and Bitqik Launch Stablecoin Education Drive Across Laos

Tether and Laos-based crypto exchange Bitqik have announced a joint initiative for accelerating financial literacy around Bitcoin and stablecoins across the country. The partnership will be marking one of the most structured education efforts focused on digital assets and especially stablecoin in the Lao market.

Hong Kong Backs Mandatory Crypto Reporting Under OECD CARF Rules

Hong Kong’s financial industry has voiced strong support for the mandatory registration of crypto asset service providers as the city prepares to implement the OECD’s CARF. The Hong Kong Securities and Futures Professionals Association outlined how the framework and related amendments to the Common Reporting Standard should be applied locally.

India Pushes BRICS Digital Currency to Ease Cross-Border Payments

India has proposed linking the official digital currencies of BRICS nations for easy cross-border trade and tourism payments. The recommendation, put forward by the central bank of the country, the Reserve Bank of India, aims to improve settlement systems that remain mostly dependent on traditional correspondent banking networks.

Tokenization Firms Push Back After Coinbase Pulls CLARITY Act Support

Several tokenization companies are pushing back against Coinbase’s criticism of Senate’s CLARITY Act. By contrast, these firms say that the bill isn't against tokenized stocks. Instead, they argue it confirms what many firms have long accepted i.e., tokenized equities are securities and need to work within established regulatory frameworks.

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