Does Hong Kong have issues with USDT and USDC? — Exec weighs in
As Hong Kong looks into creating Hong Kong dollar and US dollar stablecoins, a local industry executive addresses possible implications for UDST and USDC.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
As Hong Kong looks into creating Hong Kong dollar and US dollar stablecoins, a local industry executive addresses possible implications for UDST and USDC.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Hong Kong regulators expand financial reporting oversight to crypto firms
Hong Kong's regulatory expansion to crypto firms enhances market confidence, increases compliance costs, and aligns crypto with tr...
Dollars In, Bitcoin Out: Breez SDK Debuts New Stablecoin Feature
Bitcoin Magazine Dollars In, Bitcoin Out: Breez SDK Debuts New Stablecoin Feature Despite being so-called digital dollars, stablec...
Bitget says Bitcoin withdrawals are open after $387M hack, but ETH and USDT must wait
At about 04:20 UTC Monday, Bitget's public feed showed BTC and ETH futures trades taking place after the exchange's Sept. 24 secur...
USDT grew on Ethereum through 2024, but smart contract holdings stalled, BIS data show
More USDT was issued without a sustained rise in balances held by smart-contract accounts on Ethereum, according to a Bank for Int...
Coinbase Gets CFTC Approval For Its Own USDC-Native Clearinghouse
TL;DR Coinbase Clearing LLC has been registered by the CFTC as a Derivatives Clearing Organization. The approval allows it to clea...
Coinbase Brings Derivatives Clearing In-House After CFTC Registration
The Commodity Futures Trading Commission, or CFTC, registered Coinbase Clearing LLC as a derivatives clearing organization last ni...