Blockchain Invades Wall Street! Crypto Exchange Kraken Turns Popular US Stocks into Tokens
According to Deep Tide TechFlow, on May 23, the Legislative Council of the Hong Kong Special Administrative Region passed the Stablecoin Ordinance Draft. Standard Chartered's Head of Digital Assets and Financial Technology in Hong Kong, Ma Fei, welcomed the passage of the ordinance and looks forward to its implementation later this year.
Standard Chartered Hong Kong is partnering with Anqi Group and Hong Kong Telecommunications to establish a joint venture, planning to apply for a license from the Hong Kong Monetary Authority under the new regulatory framework to issue stablecoins pegged to the Hong Kong dollar. Relevant preparatory work is underway, and more details will be announced in due course.
According to BlockBeats, on May 23, the U.S. Department of Justice filed a civil forfeiture lawsuit seeking to seize over $24 million in cryptocurrency held by Russian citizen Rustam Rafailevich Gallyamov. Gallyamov is accused of developing the Qakbot malware.
The indictment shows that Gallyamov has been operating the Qakbot malware since 2008, infecting thousands of computers in 2019 to form a botnet and selling access to ransomware gangs. These gangs used ransomware such as Prolock, Dopplepaymer, and REvil to carry out attacks.
In 2023's international operation, U.S. authorities seized 170 bitcoins and over $4 million in stablecoins held by Gallyamov. Gallyamov and his accomplices subsequently switched to new technologies, directly deploying Black Basta and Cactus ransomware to continue their crimes.
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