Unregulated

As the 2024 US presidential race heats up, a new frontier for political betting has emerged in the crypto world. Platforms like Polymarket, Kalshi, and PredictIt are seeing a surge in betting on the election outcome, even as US…

The Hong Kong Monetary Authority (HKMA) recently completed a public consultation on stablecoins regulations. As the city of Hong Kong prepares for mainstream adoption of digital assets through a regulated manner, the officials are…

Michael Barr, a high-ranking official at the US Federal Reserve, expressed concern over the growing use of “unregulated” stablecoins pegged to the dollar. Many popular stablecoins are designed to mirror the value of the USD. Stablecoin…