According to Barrons, fintech company Fiserv announced that it will launch a stablecoin and digital asset platform for its clients by the end of 2025. Fiserv shares rose in pre-market trading after the announcement, trading at $171. Founded in 1984, Fiserv is a leading global payments and fintech company serving thousands of Financial Institution Groups and corporates. As a global provider of financial services technology, Fiserv provides innovative solutions to clients such as banks, credit uni...
"Greenstone Digital Asset Platform" (JPEX) is suspected of illegal promotion and operation in Hong Kong. In the first civil claim case, two victims filed a lawsuit with the District Court to recover 240,000 TEDA or 1.85 million Hong Kong dollars from seven defendants including JPEX Group. One of the defendants...
The Hong Kong Securities Supervision Commission said that in the coming months, it will conduct on-site inspections of the business of virtual asset trading platform license applicants to ensure that the platforms waiting for licenses comply with regulatory requirements. If any violations are found, the application will be rejected promptly, and other regulatory actions will be taken according to the situation. The one-year transition period for the licensing regime for virtual asset trading pla...