# Hong Kong begins discussions to introduce stablecoin regulatory framework

# Hong Kong begins discussions to introduce stablecoin regulatory framework

“# Hong Kong begins discussions to introduce stablecoin regulatory framework ” Hong Kong’s central banking institution, the Hong Kong Monetary Authority (HKMA), released a questionnaire to gauge public opinion on regulations for crypto-assets and stablecoins. The state-backed regulator intends to establish a regulatory framework by 2023-24. HKMA’s “Discussion Paper on Crypto-assets and Stablecoins” highlights the…

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# Indian INX exchange reportedly plans to list Bitcoin futures ETF

# Indian INX exchange reportedly plans to list Bitcoin futures ETF

“# Indian INX exchange reportedly plans to list Bitcoin futures ETF ” Despite the ongoing uncertainty about cryptocurrency regulation in India, local financial firms are backing new ventures aiming to launch Bitcoin (BTC) exchange-traded funds (ETF). Torus Kling Blockchain, a joint venture between Cosmea Financial Holding, a financial firm backed by former Reliance Capital CEO…

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# UK Economic Affairs Committee unconvinced by prospect of retail CBDC

# UK Economic Affairs Committee unconvinced by prospect of retail CBDC

“# UK Economic Affairs Committee unconvinced by prospect of retail CBDC ” The House of Lords Economic Affairs Committee — an investigative governing body representing the economic interests of the United Kingdom — has released an official report assessing the pertinence of a government-issued central bank digital currency (CDBC). Titled “Central bank digital currencies: a…

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# Pakistan’s central bank reportedly wants to ban crypto

# Pakistan’s central bank reportedly wants to ban crypto

“# Pakistan’s central bank reportedly wants to ban crypto ” The State Bank of Pakistan (SBP) is reportedly seeking to ban all cryptocurrency transactions in Pakistan. Pakistan’s Sindh High Court reportedly held a hearing related to the legal status of cryptocurrencies in the country, in which several Pakistani authorities including the SBP submitted a document…

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