Wyoming state launches U.S. dollar stablecoin on seven blockchains, becoming the first public entity in the states to issue a crypto-based stable asset.
Bo Hines, Former White House Crypto Council Director, joins @Tether USDT as a strategic advisor.
Hines had announced in August 11th his departure from his previous role to return to the private sector, with plans to assist in AI initiatives alongside David Sacks.
🚨Updates from Lawyer Gilbert Ng on Hong Kong's Stablecoin Law:
> Only stablecoins issued in Hong Kong or pegged to its currency are regulated > USDT and USDC are not included > The law does not mandate KYC but regulators prefer closed-loop models
Animoca Brands jointly establishes Anchorpoint with Standard Chartered Bank Hong Kong for a stablecoin issuer license under the Hong Kong Monetary Authority.
This aims to bring stablecoins into the mainstream financial ecosystem in Hong Kong.
Tether acquired minority stake in Bit2Me, leading a €30M ($33M) set to close in the coming weeks.
This follows Bit2Me becoming the first Spanish-speaking exchange to receive authorization from Spain's CNMV as a crypto-asset service provider under MiCA.
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