The Hong Kong Monetary Authority (HKMA) has announced the launch of the second phase of its central bank digital currency (CBDC) pilot program, known as e-HKD, according to a Sept. 23 statement. The second phase will delve into advanced use cases for digital money, emphasizing e-HKD and tokenized deposits for…
Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform. Source link
Swiss crypto banking group Sygnum told CryptoSlate that it has secured a crypto license in Liechtenstein via its local subsidiary. According to a Sept. 23 statement, the firm said its Liechtenstein subsidiary Sygnum Europe AG had been registered with the country’s Financial Market Authority (FMA) as a service provider under…
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million. Source link
China continues to control 55% of the global Bitcoin network’s hashrate, despite a ban on crypto mining and trading that has been in effect since 2021. According to CryptoQuant data, the country’s significant presence in Bitcoin mining persists, but its dominance is now being challenged as other countries, such as…
The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121. Source link
The Australian Securities and Investments Commission (ASIC) is set to implement a licensing regime for crypto service providers in the country, the Australian Financial Review (AFR) reported on Sept. 23. ASIC Commissioner Alan Kirkland said the new rules would require local crypto firms to obtain licenses under the Corporations Act,…
Analysts believe that a new altcoin season is entering its early stages. Cointelegraph digs into the data. Source link
The number of family offices optimistic about crypto more than doubled to 17% this year from 8%, with direct exposure being their favored form of investing, according to Citi’s “Global Family Office 2024 Survey Report” published on Sept. 20. The report indicated that interest in digital assets continues to increase…
The integration comes as other Bitcoin wrappers face scrutiny for custody practices. Source link