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Hong Kong Embraces Crypto Regulations – Will China Join In?

Trade Brains

Specifically, the Securities and Futures Commission (SFC) will oversee key players. Public consultations on licensing will begin very soon. Following this, licensing stablecoin issuers starts August 1st. Licensed platforms can facilitate this activity. The HKMA will maintain a public register of licensed issuers.

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Hong Kong Is Turning Into a Gold Mine for Stablecoin Issuers – Here’s What’s Driving the Boom

Trade Brains

Over 40 major banks, tech firms, and payment processors seek stablecoin licenses. They will likely grant only single-digit licenses. The Securities and Futures Commission (SFC) approved few virtual asset licenses. This new licensing regime is its latest step. Applications open August 1st under a new city law.

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Bank stock under ₹25 in focus as SMFG plans additional $1.1 billion investment in the company

Trade Brains

This development builds upon SMFG’s earlier definitive agreement announced on May 9, 2025, where Sumitomo Mitsui Banking Corporation (SMBC), a licensed banking arm under SMFG, agreed to acquire a 20 percent stake in Yes Bank. tariffs and shifting global capital flows.

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Polymarket to Re-enter US Market with $112M Exchange Acquisition

Trade Brains

Today, the world’s largest prediction market stands ready to return, after acquiring QCEX, a fully licensed US derivatives exchange and clearinghouse, for $112 million. That exit followed a settlement with the Commodity Futures Trading Commission (CFTC), which concluded Polymarket had offered unregistered binary options to American users.

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Digital Currencies, Modern Trusteeship and Change

Wealth Management

The Internal Revenue Service provided clarity around reporting requirements, and the Securities and Exchange Commission had a predictable mandate on what was legally actionable. In late 2024, the U.S. House introduced the “CBDC Anti-Surveillance State Act” as an amendment to the Federal Reserve Act, but that failed to pass.

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2 Stocks to buy now for an upside of up to 25%; Recommended by Trade Brains Portal

Trade Brains

WABAG was given a Rs 145 Crore order by Chennai Petroleum Corporation Limited to design, engineer, supply, fabricate, install, and commission desalination water pipes between the CPCL Manali Refinery and the CPCL Desalination complex in Kattupalli. 4,400 US gallons per minute (USGPM) of wastewater are processed at the IWTP.

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Karnataka Govt Approves Criminal Case Against RCB Over Bengaluru Stampede Tragedy

Trade Brains

Tragedy Sparked by Poor Planning, Says Probe Report The decision follows a detailed inquiry by the Justice Michael D’Cunha Commission, which found that the disaster was not an accident, but the result of severe mismanagement and negligence.

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