Crypto News

Hong Kong Chamber of Commerce Wants Chinese Yuan-Backed Stablecoin

The business advocacy organization suggested the issuance of yuan-backed stablecoins alongside the launch of a "Virtual Asset Connect Scheme."Source link

UK Extends Stablecoin Regulation Consultation Period, Seeks Inclusive Feedback

The Bank of England and the Financial Conduct Authority have extended the feedback deadline for stablecoin regulation to February 12, aiming for a comprehensive, inclusive regulatory framework. (Read More)Source link

Whales Grab $50M in Chainlink’s LINK as Price Climbs 40% in a Month

LINK is one of the year's top-performing tokens, driven largely by hype around the tokenization of real-world assets.Source link

Hacker Claims to Have Accessed Law Enforcement System Used by Binance and Coinbase

A spokesperson for law enforcement system Kodex disputed the claims, saying that the hacker's screenshots show incomplete processes.Source link

Decentralized Social Networking Bluesky Launches to Public

Bluesky, a decentralized social media platform, has opened to the public with over 3 million users, introducing the AT Protocol for seamless app migration and user autonomy. (Read More)Source link