{"id":398,"date":"2024-02-22T18:23:00","date_gmt":"2024-02-22T10:23:00","guid":{"rendered":"https:\/\/insights.digift.io\/?p=398"},"modified":"2025-08-15T16:44:37","modified_gmt":"2025-08-15T08:44:37","slug":"turkey-releases-first-phase-digital-lira-project-evaluation-report-uk-minister-expects-stablecoin-and-staking-legislation-within-six-months-bloomberg","status":"publish","type":"post","link":"https:\/\/insights.digift.io\/zh\/turkey-releases-first-phase-digital-lira-project-evaluation-report-uk-minister-expects-stablecoin-and-staking-legislation-within-six-months-bloomberg\/","title":{"rendered":"Turkey releases first-phase digital lira project evaluation report; UK Minister expects stablecoin and staking legislation within six months: Bloomberg"},"content":{"rendered":"\n

Weekly <\/strong>Update: 22 Feb 2024<\/strong><\/p>\n\n\n\n

1) Turkey releases first-phase digital lira project evaluation report [Cointelegraph]<\/a><\/p>\n\n\n\n

– The digital Turkish lira is set to be an intermediated CBDC with self-sovereign identity and offline transfers.<\/p>\n\n\n\n

2) UK Minister expects stablecoin and staking legislation within six months: Bloomberg [CoinDesk]<\/a><\/p>\n\n\n\n

– Economic Secretary to the Treasury Bim Afolami has said the U.K. government was “pushing very hard” to bring legislation for stablecoins and staking services for crypto assets within six months.<\/p>\n\n\n\n

3) Circle ceases USDC support on TRON blockchain as part of risk management strategy [The Block]<\/a><\/p>\n\n\n\n

– The decision followed an \u201centerprise-wide\u201d risk assessment, according to Circle.<\/p>\n\n\n\n

4) Crypto advocacy group calls on Senate Banking Chair not to support Elizabeth Warren\u2019s AML bill [Cointelegraph]<\/a><\/p>\n\n\n\n

-The Chamber of Digital Commerce claimed Senators Elizabeth Warren and Sherrod Brown were \u201ctrying to kill the entire industry\u201d with the Digital Asset Anti-Money Laundering Act.<\/p>\n\n\n\n

5) Crypto exchange-traded products hit bull run levels with $67B AUM [Cointelegraph]<\/a><\/p>\n\n\n\n

– Record year-to-date crypto product inflows, slowing outflows, and positive price action have made the perfect recipe for the swelling AUM.<\/p>\n\n\n\n

6) DeFi Devs get real-time Bitcoin ETF data with Pyth Network [Cointelegraph]<\/a><\/p>\n\n\n\n

– Pyth Network introduces Bitcoin ETF price feeds to allow DeFi developers access to real-time market data, bridging the gap between traditional finance and decentralized finance.<\/p>\n\n\n\n

7) Hong Kong’s central bank issues guidance for firms offering crypto custodial services [CoinDesk]<\/a><\/p>\n\n\n\n

– The HKMA wants authorized institutions to undertake a comprehensive risk assessment followed by appropriate policies to manage identified risks.<\/p>\n\n\n\n

8) Japan regulator clarifies stance on P2P crypto transfers [Cointelegraph]<\/a><\/p>\n\n\n\n

– The FSA says its recommendations don\u2019t envisage \u201cany transactions from one individual to another.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Circle ceases USDC support on TRON blockchain as part of risk management strategy<\/p>","protected":false},"author":256897717,"featured_media":2368,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"page_builder":"","_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[1,132582],"tags":[],"class_list":["post-398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-market-decoded"],"acf":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/insights.digift.io\/wp-content\/uploads\/2024\/02\/DigiFT-Weekly-16-Feb.jpg?fit=1173%2C620&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pg7Ide-6q","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/users\/256897717"}],"replies":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/comments?post=398"}],"version-history":[{"count":1,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/398\/revisions"}],"predecessor-version":[{"id":402,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/398\/revisions\/402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media\/2368"}],"wp:attachment":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media?parent=398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/categories?post=398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/tags?post=398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}