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Former US CFTC Chair Chris Giancarlo Departs Willkie, Plans to Advise Cryptocurrency Firms
Former CFTC Chair Chris Giancarlo is stepping away from his legal role to focus on advising cryptocurrency firms and contributing to policy discussions. His move comes amid growing regulatory focus on crypto in the US, highlighting the increasing overlap between traditional finance leadership and the digital asset industry.
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New Zealand Regulator Says NZDD Stablecoin Isn't a Financial Product, Will Act as Payment Tool
New Zealand’s Financial Markets Authority has determined that the NZDD stablecoin does not qualify as a financial product under current regulations. The decision follows testing through a fintech sandbox and clarifies that the token functions mainly as a payment tool rather than an investment instrument.
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Probe Agency ED Arrests 2 Chartered Accountants In Rs 641 Crore Cyber Fraud
The Directorate of Enforcement has arrested two chartered accountants - Ashok Kumar Sharma and Bhaskar Yadav - in connection with a large cyber fraud and money laundering case involving proceeds of crime worth around Rs 641 crore, officials said.
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Bank of England Plans to Match US Pace on Stablecoin Regulation: Report
The Bank of England has pledged to introduce its stablecoin regulatory framework at the same pace as the United States. Deputy Governor Sarah Breeden said the plan aims to balance innovation and consumer protection. At the same time, the Financial Conduct Authority has ended its four-year ban on crypto ETNs, marking another major step in the UK’s...
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Hong Kong Unveils Fintech 2030 Strategy to Accelerate AI, RWA Tokenisation
The Hong Kong Monetary Authority (HKMA) has launched Fintech 2030, a five-year roadmap built on the success of Fintech 2025. Centred on Data, Artificial Intelligence, Resilience and Tokenisation (DART), it introduces 40 initiatives, including tokenised bonds, e-HKD trials and quantum-safe infrastructure to strengthen Hong Kong’s global fintech le...
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Ant Group Registers ‘Antcoin’ Trademark in Hong Kong as China Tightens Crypto Rules
Ant Group, the Alibaba-backed fintech powerhouse, has registered the “Antcoin” trademark in Hong Kong through its Cayman Islands subsidiary. The move underlines the firm’s intent to pursue blockchain-based innovation in friendlier jurisdictions as Beijing tightens its control over cryptocurrency activity and limits private digital asset proje...
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Japan Enters Stablecoin Race With Launch of Yen-Pegged JPYC
Japan has launched its first yen-pegged stablecoin, JPYC, developed by Tokyo-based fintech JPYC Inc. Fully backed by yen reserves and government bonds, the stablecoin aims to modernise digital payments and settlements. The launch marks Japan’s entry into the global stablecoin race, long dominated by dollar-backed assets such as USDT and USDC, and...
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Kazakhstan’s President Proposes Strategic Crypto Reserve, Fully Digitalised Alatau City Project
Kazakhstan’s President Kassym-Jomart Tokayev has announced plans to establish a state-backed crypto reserve and build a digital “CryptoCity” in Alatau by 2026. The move will be supported by a new digital asset law, aiming to regulate blockchain, fintech, and cryptocurrency use. Experts say Kazakhstan’s strategy could influence other emergin...
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India Tops Global Crypto Adoption Index for Third Consecutive Year
India has topped the Chainalysis 2025 Global Crypto Adoption Index for the third year in a row, cementing its dominance in grassroots and institutional crypto adoption. Despite strict taxation and regulatory uncertainty, the country continues to lead global engagement, ahead of the United States and Pakistan. Experts credit India’s vast user base...
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Ripple Partners With Two Banks to Launch Cross-Border XRP Payments in the UAE
Ripple has partnered with the Zand Bank and Mamo in the UAE, to enable cross-border payment solutions as well as on and off-ramp services for banks, crypto firms, and fintechs from around the world. Ripple is the first authorised blockchain payments provider for the DIFC.
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Former US CFTC Chair Chris Giancarlo Departs Willkie, Plans to Advise Cryptocurrency Firms
Former CFTC Chair Chris Giancarlo is stepping away from his legal role to focus on advising cryptocurrency firms and contributing to policy discussions. His move comes amid growing regulatory focus on crypto in the US, highlighting the increasing overlap between traditional finance leadership and the digital asset industry.
-
New Zealand Regulator Says NZDD Stablecoin Isn't a Financial Product, Will Act as Payment Tool
New Zealand’s Financial Markets Authority has determined that the NZDD stablecoin does not qualify as a financial product under current regulations. The decision follows testing through a fintech sandbox and clarifies that the token functions mainly as a payment tool rather than an investment instrument.
-
Probe Agency ED Arrests 2 Chartered Accountants In Rs 641 Crore Cyber Fraud
The Directorate of Enforcement has arrested two chartered accountants - Ashok Kumar Sharma and Bhaskar Yadav - in connection with a large cyber fraud and money laundering case involving proceeds of crime worth around Rs 641 crore, officials said.
-
Bank of England Plans to Match US Pace on Stablecoin Regulation: Report
The Bank of England has pledged to introduce its stablecoin regulatory framework at the same pace as the United States. Deputy Governor Sarah Breeden said the plan aims to balance innovation and consumer protection. At the same time, the Financial Conduct Authority has ended its four-year ban on crypto ETNs, marking another major step in the UK’s...
-
Hong Kong Unveils Fintech 2030 Strategy to Accelerate AI, RWA Tokenisation
The Hong Kong Monetary Authority (HKMA) has launched Fintech 2030, a five-year roadmap built on the success of Fintech 2025. Centred on Data, Artificial Intelligence, Resilience and Tokenisation (DART), it introduces 40 initiatives, including tokenised bonds, e-HKD trials and quantum-safe infrastructure to strengthen Hong Kong’s global fintech le...
-
Ant Group Registers ‘Antcoin’ Trademark in Hong Kong as China Tightens Crypto Rules
Ant Group, the Alibaba-backed fintech powerhouse, has registered the “Antcoin” trademark in Hong Kong through its Cayman Islands subsidiary. The move underlines the firm’s intent to pursue blockchain-based innovation in friendlier jurisdictions as Beijing tightens its control over cryptocurrency activity and limits private digital asset proje...
-
Japan Enters Stablecoin Race With Launch of Yen-Pegged JPYC
Japan has launched its first yen-pegged stablecoin, JPYC, developed by Tokyo-based fintech JPYC Inc. Fully backed by yen reserves and government bonds, the stablecoin aims to modernise digital payments and settlements. The launch marks Japan’s entry into the global stablecoin race, long dominated by dollar-backed assets such as USDT and USDC, and...
-
Kazakhstan’s President Proposes Strategic Crypto Reserve, Fully Digitalised Alatau City Project
Kazakhstan’s President Kassym-Jomart Tokayev has announced plans to establish a state-backed crypto reserve and build a digital “CryptoCity” in Alatau by 2026. The move will be supported by a new digital asset law, aiming to regulate blockchain, fintech, and cryptocurrency use. Experts say Kazakhstan’s strategy could influence other emergin...
-
India Tops Global Crypto Adoption Index for Third Consecutive Year
India has topped the Chainalysis 2025 Global Crypto Adoption Index for the third year in a row, cementing its dominance in grassroots and institutional crypto adoption. Despite strict taxation and regulatory uncertainty, the country continues to lead global engagement, ahead of the United States and Pakistan. Experts credit India’s vast user base...
-
Ripple Partners With Two Banks to Launch Cross-Border XRP Payments in the UAE
Ripple has partnered with the Zand Bank and Mamo in the UAE, to enable cross-border payment solutions as well as on and off-ramp services for banks, crypto firms, and fintechs from around the world. Ripple is the first authorised blockchain payments provider for the DIFC.
