India is set to enforce sweeping oversight of offshore crypto assets, adopting a global framework that enables automatic data sharing, tighter compliance, …
Prepares
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Russia’s monetary authority is going to impose new requirements for crypto-related operations to allegedly reduce the risks for banks involved in their …
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Japan’s Financial Services Agency (FSA) is preparing sweeping changes to its digital asset framework. The changes, which combine tax reforms and regulatory …
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Adoption
China quietly prepares yuan stablecoins as 99% of supply minted in dollars
by shayaanby shayaanChina is evaluating yuan-backed stablecoins for the first time, with the State Council set to review a roadmap on currency internationalization and …
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Finance
Web3 Investment Firm Animoca Brands Prepares to Launch Stablecoin with Two Giant Companies! Here Are the Details
by shayaanby shayaanWeb3 announced that its Hong Kong-based joint venture with investment firm Animoca Brands, Standard Chartered, and Hong Kong Telecommunications has taken official …
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Web3
Sugarverse Secures $1 Million and Prepares for Sugar Match Launch on Etherlink
by shayaanby shayaanSugarverse just raised $1 million. The gaming studio plans to use this fresh capital to push forward its next series of blockchain-based …
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Mining
Chinese Bitcoin Miner Prepares to Invest Largely in This Altcoin! “We Will Sell All Our Cryptocurrencies and Buy This Altcoin!”
by shayaanby shayaanWhile treasury strategy plans have been on the rise recently for Bitcoin (BTC), Ethereum (ETH), and altcoins, the latest move comes for …
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Regulation
Senate Revives Crypto Market Structure Efforts as House Prepares for Policy Votes
by shayaanby shayaanSenate leads crypto regulation with July 10 hearing, draft bill expected this week. House prepares votes on GENIUS, CLARITY, and Anti-CBDC bills …
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Senate Majority Leader John Thune has scheduled a key procedural vote for Wednesday on stablecoin legislation backed by both the crypto industry …