Stablecoins are poised to become the next multi-trillion-dollar market, according to a prediction by Gabor Gurbacs, an advisor to Tether, one of the leading stablecoin issuers. Gurbac’s assertion places stablecoins at a pivotal juncture in the evolution of financial markets, drawing parallels to the monumental growth of exchange-traded funds (ETFs). As the stablecoin market currently […]
Hong Kong’s Securities and Futures Commission (SFC) has taken decisive action against what it suspects to be a fraudulent crypto asset trading platform. The SFC flagged the company at the center of these allegations, Hounax, earlier this month, marking a crucial step in the city’s ongoing efforts to combat crypto-related scams. The case gained further […]