Coinbase is halting trading of Function X (FX) on Aug 15 at 2 PM EDT. Developers paused the project, now rebranded as PundiAI. Impacting all Coinbase platforms (Basic, Advanced, Exchange, Prime). #crypto #Coinbase
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Over 50 firms, including China CITIC Group, have reportedly applied for stablecoin licenses in Hong Kong. They met with regulators, eyeing stablecoins linked to the offshore Renminbi. China CITIC Group hasn’t commented. #stablecoins #HongKong #China
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SEC’s Project Crypto aims to make the US a “global crypto capital” 🇺🇸! Modernizing regs, clarifying legality, & boosting innovation with an “innovation exemption.” A shift towards incentivization! #crypto #SEC
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SEC Commissioner Hester Peirce launching a crypto industry outreach this fall! 10 city roundtable discussions to gather feedback for future digital asset regulations. Part of the SEC’s new Crypto Task Force. (Cointelegraph)
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