A commissioner at the Commodity Futures Trading Commission (CFTC), Summer Mersinger, has predicted that the United States market would soon experience trading of crypto perpetual futures. Mersinger shared her remarks during a recent interview with Bloomberg TV. The CFTC commissioner, who would be leaving her role at the end of the month, responded to a […]
Stablecoin Bill
Stablecoins in Hong Kong: New Licensing Rules Set to Protect Investors
Hong Kong Legislative Council gave the Stablecoins Bill its approval on May 21, making FRS issuers subject to a licensing system. The purpose is to improve the city’s rules for virtual-asset activities, ensure financial stability, and promote innovation in the digital asset sector. Under the Ordinance, everyone who issues stablecoins pegged to the Hong Kong […]