Posts

Showing posts with the label weekly

Asia's weekly TOP10 crypto news (July 3 to July 9)

Image
Author:Crescent Editor:Colin Wu 1. Hong Kong’s weekly summary 1.1 Hong Kong Securities and Futures Commission Official Indicates Securities Tokens and RWAs Will Be Updated, Opening Opportunities for Retail Investors link On July 6th, WuBlockChain exclusively learned that Elizabeth Wong, the head of the Financial Technology Group at the Securities and Futures Commission (SFC) in Hong Kong, mentioned during her visit to Eliptic that the SFC is soon planning to release an update that will change the perspective on Security Token Offerings (STOs) from four years ago (2019). Securities Tokens or Real-World Assets (RWAs) will no longer be classified as complex products and may have the opportunity to be accessible to retail investors. RWAs will be regulated based on the underlying assets. Analysts suggest that this could potentially ignite a new wave of enthusiasm for RWAs. 1.2 Hong Kong Financial Secretary: Opening Two New Tracks — Green Finance and Web3 link On July 8th, Financial Secret...

Asia's weekly TOP10 crypto news (Jun 19 to Jun 25)

Image
Author:Crescent Editor:Colin Wu 1. President Tokayev of Kazakhstan Attends Binance Kazakhstan Signing Ceremony link On the 22nd of June, CZ showcased a signed photograph with Bagdat Mussin, the Minister of Information Technologies in Kazakhstan, in the presence of President Tokayev. Binance emphasized that Kazakhstani users are able to engage in crypto currency transactions using fiat currency, and the global platform remains accessible to users from that country. Binance expressed its ongoing collaboration with five regulatory institutions in Kazakhstan, including the AIFC Financial Services Authority, the Ministry of Digital Development, Innovation and Aerospace Industry, and the National Bank. 2. Monetary Authority of Singapore Releases Whitepaper Outlining Standards for Digital Currencies link On the 21st of June, the Monetary Authority of Singapore (MAS) released a technical white paper on Purpose Bound Money (PBM), introducing a universal protocol for specifying the conditions of...