Ethena Labs Unveils Triple Attestation for USDe Reserves
In an effort to increase openness regarding its USDe stablecoin, Ethena Labs promised to release monthly reports that include custody and reserve details. Three custodian attestations for the assets supporting Ethena Labs’ $2.67 billion USDe token, which is backed by cryptocurrency-denominated currencies, including Bitcoin (BTC) and Ether (ETH), were made public by the synthetic dollar […]
Hong Kong Set to Trail Digital Currency for Mortgage Pricing
Hong Kong is about to launch a second trial of retail e-HKD for mortgage distribution and pricing. According to the South China Morning Post, the Hong Kong Monetary Authority (HKMA) is getting ready to start a new round of testing for its virtual currency, e-HKD. The HKMA intends to test e-HKD this time around with […]
Vanguard Files Specialized Fund With Special Mention of Digital Currency
The financial behemoth Vanguard has registered its first Specialized Fund, strongly favoring cryptocurrency-related goods. As stated in a recent update, the business has applied for a new “Vanguard Specialized Funds” with the US Securities and Exchange Commission (SEC). As disclosed, the objective of the Fund is to monitor the outcomes of a benchmark index that […]
Crypto Exchange OKX Withdraws Hong Kong License Application
The well-known cryptocurrency exchange OKX declared that it will withdraw its application for a Hong Kong Virtual Asset Service Provider (VASP) license. The exchange gave no specifics in its notification on OKX’s blog, but stated that it decided after considering its business plan. In accordance with local regulatory regulations, OKX will thus cease providing centralized […]
Hong Kong Based Hashkey Adds Solana Support
SOL has been added to the list of supported assets by the global branch of the HashKey cryptocurrency exchange based in Hong Kong. The goal of HashKey Global, an international cryptocurrency exchange that HashKey Group founded, is to draw in more users worldwide by adding Solana (SOL) to its list of supported assets. In a […]