Pan-African exchange Yellow Card has said it will seek licensing in the country. Author: Sandali Handagama
Archives for December 2023
Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance. Author: Sandali Handagama
Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke
Shifke is the CFO of Silbert’s Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC filing. Author: Sheldon Reback
Telcoin Suffers Apparent Exploit Related to Polygon Wallet Implementation; TEL Drops 40%
Affected user balances will be restored as no private keys were stolen in the exploit, developers said on X. Author: Shaurya Malwa
Japan’s Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry’s development, which it sees as a pillar of economic reform. Author: Sheldon Reback
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