Ethereum has recovered most of its losses against Bitcoin since November, gaining 28% to 0.04 BTC from a low of 0.0322 on Nov. 21. Ethereum also broke $4,000 for the first time since February, currently sitting at $4,009, as of press time.
Trading data showed marginal shifts day-over-day, with the rate moving from 0.03805 BTC on Dec. 4 to 0.0388 BTC on Dec. 5, marking...
Hong Kong has moved closer to formalizing its stablecoin regulations by publishing a bill in its gazette on Dec. 6 that establishes a clear framework for issuers and marketers.
Stablecoins have become useful tools for cross-border transactions, with Standard Chartered recently calling them the crypto industry’s “killer app.”
Under the new bill, stablecoin issuers and marketers must secure licenses from the Hong Kong Monetary Authority (HKMA)....
