Search results for Digital Asset Task Force
Crypto
NH Investment & Securities sets up digital asset team to prepare STO business
NH Investment & Securities has set up a dedicated organisation to respond to the inclusion of digital assets in the regulated system and the institutionalisation of tokenised securities (STO). It formed a digital asset task force on July 22 to identify business opportunities and build an execution base. The team will operate through Dec. 31, with an option to extend, and will prepare business models and short-term tasks ahead of an STO law due in February.
Crypto
U.S. CLARITY Act gains momentum, bitcoin stretches higher
Bitcoin rose above $66,000 to its highest in a month, with expectations of easing regulatory uncertainty after signs of progress on the U.S. CLARITY Act. U.S. spot bitcoin ETFs recorded net inflows for five straight sessions, totaling $727.3 million. Reports said the White House agreed on an ethics provision, though the Senate vote remained uncertain. Macro factors, stablecoin use cases and security issues also drew attention.
Crypto
South Korea government, ruling party step up push for digital asset framework law this year
South Korea aims to complete digital asset legislation this year, and the ruling Democratic Party is pushing to submit a government-party package in September. A senior Financial Services Commission official said stablecoin legislation will be wrapped up quickly and will cover definitions, market rules and user protection. Key sticking points include who can issue won-based stablecoins, licensing and reserve management, AML rules, and limits on major shareholders of exchanges. The party plans to rebuild its task force after August leadership appointments.
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Crypto
Ruling party to resume talks on Digital Asset Framework Act in September
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Crypto
Local elections over, but digital asset framework act still unclear
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Crypto
Stablecoin land grab intensifies as banks and fintech form alliances
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Crypto
Digital asset framework act may come this month as major shareholder stake cap remains key issue
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Finance
Policy hopes drive rally in \'Hekka-ne\' stocks as focus turns to earnings