Tag: 9948
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Hong Kong SFC enforces crypto custody rules for 20 platforms by 2024
Hong Kong SFC mandates crypto platforms to adopt strict custody standards, affecting Binance and OKX. Over 20 firms must comply by June 2024.
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Crypto executives urge Trump to eliminate $3B bank data fees
Crypto executives urge Trump to eliminate bank data fees, citing $3B annual industry cost; Coinbase, Kraken, and Binance lead the appeal.
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South Korea and Japan enforce stablecoin regulations with KRW backing and licensing in 2023
South Korea and Japan regulate stablecoins with distinct approaches. South Korea mandates KRW backing, while Japan enforces strict licensing. Stablecoin market reached $150B in 2023.
