Darkex News February 17, 2025

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Joint Venture for Stablecoin

Standard Chartered Bank (Hong Kong), Animoca Brands and HKT have launched a joint venture to issue a Hong Kong dollar-backed stablecoin. The venture, which plans to apply for a license to issue stablecoins to the Hong Kong Monetary Authority (HKMA), aims to combine banking infrastructure, Web3 expertise and mobile wallet technology for local and cross-border payments.

by Darkex Reseach – 1 min read

Pump.fun Revenues Down 84.57% from January Peak

According to Dune data, pump.fun’s protocol fee revenue yesterday was 11,188 SOL. This represents a decrease of 84.57% compared to the historical peak of 72,506 SOL on January 1, 2025. So far, the protocol’s cumulative revenue has reached 2,888,549 SOL.

by Darkex Research – 1 min read

Italy Collaborates with Crypto Firms for Regulatory Measures

With the widening regulatory differences between the European Union and the US, the Bank of Italy (Banca d’Italia) and Consob are developing new strategies to ensure compliance by collaborating directly with crypto companies.

by Darkex Research – 1 min read

Polkadot Launches Blockchain Course for UK MPs and Policymakers

Polkadot Blockchain Academy will organize a Web3 training program for policymakers in Switzerland. UK lawmakers will also participate in this program and learn about the adoption and regulation of blockchain technology.

by Darkex Research – 1 min read

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