Headlines

Standard Chartered becomes first bank to offer HKDAP

Standard Chartered Bank Hong Kong became the first bank to distribute HKDAP on Aug. 24, giving eligible institutional clients and partners access to Hong Kong’s first live regulated local-currency stablecoin. Summary Standard Chartered became HKDAP’s first bank distributor, extending access to eligible institutional clients and partners. Anchorpoint holds one of two stablecoin issuer licences granted…

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Google Play Store Removes MEXC Crypto App in the Philippines

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Search queries for “MEXC” on the Philippine Google Play Store no longer return the official trading application, marking the platform’s complete disappearance from major mobile storefronts in the country following its prior removal from Apple’s…

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US Treasury targets Iran’s crypto sector in sanctions push

The U.S. Treasury Department has launched Operation Economic Outcast to target Iran’s international financial links, including cryptocurrency activity that American officials say supports sanctions evasion and the Islamic Revolutionary Guard Corps. Summary Operation Economic Outcast covers cryptocurrency, technology, gold, aviation, shipping and other financial channels. OFAC can sanction people operating in Iran’s crypto sector, regardless…

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