Hong Kong's Monetary Authority has granted its first stablecoin licences to HSBC Hong Kong and Anchorpoint Financial, marking the launch of a regulated stablecoin framework. These licences allow the issuance of Hong Kong dollar-backed stablecoins for payments, trade, and digital asset services, following strict compliance and anti-money laundering rules. The move supports Hong Kong's digital currency plans, focusing on bank-backed models rather than retail central bank digital currencies. Both issuers plan to launch their stablecoins in the second half of 2026, aiming to enhance cross-border and local payments as well as digital asset trading.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
B&M European Value Retail's first-quarter update has divided analysts, with Deutsche Bank upgrading the stock to 'hold' citing stabilizing profit margins and a sensible turnaround strategy by new CEO Tjeerd Jegen. Deutsche Bank raised its profit fore...
Telo Genomics announced positive interim results from a clinical study analyzing blood samples of multiple myeloma patients to predict relapse risk using 3D telomere analysis. The test showed strong predictive accuracy, potentially offering a less in...
Meta now notifies parents if their teen talks about suicide or self-harm with its AI chatbot and is developing a feature to contact emergency services if risk is detected. This move addresses concerns about AI chatbots handling crisis conversations, ...
Garmin introduced the G2000 PRIME, a new integrated flight deck designed for high-performance Class I/II piston and electric aircraft. It features large, edge-to-edge touchscreen displays with advanced multi-touch capabilities, faster processors, and...
