The European Union’s insurance watchdog is proposing a stringent new rule that would require insurers to maintain capital reserves equal to the full value of their cryptocurrency holdings.
The post EU Proposes Capital Rule Requiring Insurers to Fully Back Crypto Holdings appeared first on Cryptonews. …
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Upbit Operator Dunamu Triples Dividends Following Profit Surge
Dunamu, the parent company of Upbit, has announced a threefold increase in cash dividends to common shareholders following a sharp rise in annual profits.
The post Upbit Operator Dunamu Triples Dividends Following Profit Surge appeared first on Cryptonews. …
CPIC Investment Management Launches Hong Kong’s First Tokenized USD Money Market Fund
CPIC Investment Management (Hong Kong) has launched its CPIC Estable MMF, the first tokenized USD money market fund under the SFC’s regulated fund structure framework.
The post CPIC Investment Management Launches Hong Kong’s First Tokenized USD Money Market Fund appeared first on Cryptonews. …
Albanese faces headwinds ahead of Australian election
A cocktail of global and domestic conditions have complicated the government’s run for a second term.
Babysitter finds man under bed after child complains of ‘monster’
After a child said there was a “monster” under the bed, the babysitter in Kansas checked and came face-to-face with a man.
Officer spared jail over fatal Tasering of 95-year-old
The former police officer was found guilty of manslaughter in the death of Clare Nowland.
Germany leads defiance of Trump car tariffs, saying it ‘will not give in’
Major economies vow to retaliate, with China accusing Washington of violating international trade rules.
Woman who killed music icon Selena denied parole in Texas
The music icon was shot and killed by the founder of her fan club, who has been denied her first attempt at parole in Texas.
Crew questioned after Red Sea submarine sinks killing six
Details of the victims have not yet been released, but two children were reported among the dead.
Vance to purge museums of ‘anti-American ideology’
Donald Trump signs an order for his vice-president to target the Smithsonian Institution’s museums.