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Hong Kong to begin licensing stablecoin issuers in August 2025
Hong Kong will begin licensing stablecoin issuers starting August 1, 2025. This move is part of the region's efforts to regulate the cryptocurrency market and ensure compliance with financial standards. The initiative aims to foster innovation while maintaining financial stability.
crypto advocates seek software developer protections in upcoming legislation
The crypto lobby is advocating for the inclusion of software developer protections in upcoming cryptocurrency legislation. This push aims to ensure that developers are safeguarded as the regulatory landscape evolves, highlighting the importance of their role in the industry’s growth and innovation.
apple fails to stop court ruling on app store fees
Apple has lost its attempt to stop a court ruling that prevents the company from enforcing certain fees within its iPhone app store. This decision could have significant implications for the tech giant's revenue model and its relationship with app developers.
US government seeks to seize cryptocurrency linked to North Korean IT worker
The Department of Justice has filed to confiscate cryptocurrency linked to an alleged North Korean IT worker. This action highlights ongoing efforts to combat illicit financial activities associated with North Korea's cyber operations. The case underscores the increasing scrutiny of cryptocurrency in relation to international security concerns.
apple fails to stop court ruling on app store fees
Apple has lost its attempt to stop a court ruling that prevents the company from enforcing certain fees within its iPhone app store. This decision could have significant implications for app developers and the broader digital marketplace.
Elon Musk granted extension to respond to SEC lawsuit regarding Twitter stake
Elon Musk has been granted additional time to respond to a lawsuit filed by the U.S. Securities and Exchange Commission regarding his stake in Twitter. This extension allows Musk to prepare his defense against the allegations made by the regulatory body.
Byju's Riju Ravindran seeks removal of US lenders from NCLT case
BYJU'S Riju Ravindran has approached the National Company Law Tribunal (NCLT) seeking the removal of US lenders involved in its financial dealings. This move highlights the ongoing challenges the company faces in managing its international obligations and restructuring efforts.
Riju Ravindran challenges GLAS Trust's authority in NCLT filing
Riju Ravindran has filed a petition with the National Company Law Tribunal (NCLT), claiming that GLAS Trust lacks the authorization to represent its US-based lenders. This legal move raises questions about the legitimacy of GLAS Trust's role in the proceedings.
US crypto regulations lead to 260 percent increase in RWAs by 2025
RWAs are projected to surge by 260% in 2025, largely influenced by new regulations on cryptocurrency in the United States. This significant increase highlights the evolving landscape of digital assets and the regulatory environment shaping their future.
The Singapore High Court has rejected the restructuring plan proposed by WazirX, a significant development for the cryptocurrency exchange. This decision could have far-reaching implications for the company's future operations and financial stability.