Crypto industry pledges support to victims of Hong Kong’s Tai Po Wang Fuk Court blaze
The crypto industry pledged roughly HK$68.78 million (about US$8.82 million) to victims of the Tai Po Wang Fuk Court blaze, one of Hong Kong’s deadliest recent fires. Pledges were made within days of the November 26, 2025 incident, providing rapid liquidity for emergency relief and reconstruction while authorities investigate the cause.
Abu Dhabi regulator approves Ripple’s RLUSD stablecoin for institutional use
On 27 November 2025, the Abu Dhabi Global Market (ADGM) regulator recognized RLUSD as an “Accepted Fiat‑Referenced Token”. The decision authorizes its use by entities licensed by the ADGM and integrates the stablecoin into regulated activities, with RLUSD maintaining a 1:1 parity with the US dollar. This move positions RLUSD as an operational alternative for […]
Australia regulates crypto platforms with new consumer protection law
The Australian government introduced the Corporations Amendment (Digital Assets Framework) Bill 2025, requiring crypto platforms and tokenised custody providers to hold an Australian Financial Services Licence (AFSL) under ASIC supervision. Introduced on 26 November 2025, the initiative includes an 18-month transitional period and seeks to close gaps that allowed unlimited holding of customer assets while […]