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Hong Kong Releases Guidance on Rules for Stablecoin Issuers

Finance · Hong Kong

Hong Kong Releases Guidance on Rules for Stablecoin Issuers

67% Center coverage: 3 sources

The Hong Kong Monetary Authority (HKMA) released guidelines on Tuesday for stablecoin issuers wanting to comply with its upcoming licensing regime for the sector.The final guidance covered rules on money laundering, reserve assets management and issuance. It also included transitional measures for issuers of existing stablecoins. Stablecoins are digital assets that are pegged to other assets like fiat currency.HKMA's stablecoin regime is set to …See the Story

Major New Malware Strain Targets Crypto Users via Malicious Ads - Here's What We Know, and How to Stay Safe

Major New Malware Strain Targets Crypto Users via Malicious Ads - Here's What We Know, and How to Stay Safe

100% Center coverage: 2 sources

Malware went undetected on many antivirus products, so be careful what you're downloading.See the Story

Kraken Revenue Rises to $411.6 Million in Q2, Up 18% From Last Year

Cryptocurrency · United States

Kraken Revenue Rises to $411.6 Million in Q2, Up 18% From Last Year

Coverage: 2 sources

Crypto exchange Kraken reported $411.6 million in revenue for the second quarter, marking an 18% year-on-year increase.See the Story

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