Category: Policy

PolicyTechnology

China Regulators Halt Tech Giants’ Stablecoin Initiatives in Hong Kong

Major Chinese technology firms have suspended their stablecoin initiatives in Hong Kong after receiving directives from Beijing regulators. The move reflects broader concerns about private sector currency issuance and its potential impact on China’s digital currency strategy.

Regulatory Intervention Halts Stablecoin Plans

Chinese technology giants have reportedly paused their stablecoin issuance plans in Hong Kong following intervention from Beijing regulators, according to multiple sources familiar with the situation. Companies including Ant Group and JD.com had previously expressed interest in participating in Hong Kong’s pilot stablecoin program but have now put these ambitions on hold.

by Ava Winslow
AerospacePolicy

EU Unveils Strategic Defense Roadmap with Four Flagship Initiatives and 2026 Space Shield Launch

The European Commission has presented a comprehensive defense roadmap establishing four pan-European flagship programs. According to reports, the initiative aims to deliver key capabilities by 2030, including a European Space Shield scheduled for launch in 2026.

European Defense Strategy Takes Shape with Ambitious Roadmap

The European Commission has unveiled a detailed working plan to track progress and deliver crucial defense capabilities to EU member states by 2030, according to official documents presented in Krakow. The roadmap, titled “Preserving Peace – Defence Readiness Roadmap 2030,” builds upon March’s White Paper for European Defence and the broader ReArm Europe/Readiness 2030 package, which reportedly aims to mobilize up to €800 billion in defense investment.

by Emma Langford
CryptoPolicy

UK Tax Authority Intensifies Crypto Capital Gains Enforcement Campaign

The UK tax authority has significantly escalated its pursuit of unpaid taxes on cryptocurrency gains, according to recently released data. HMRC reportedly sent 65,000 warning letters to crypto investors in the 2024-25 tax year, more than doubling the previous year’s enforcement activity as regulatory scrutiny intensifies.

HMRC Ramps Up Crypto Tax Compliance Efforts

The UK tax authority has dramatically intensified its campaign to recover unpaid taxes on cryptocurrency investments, according to reports. HM Revenue and Customs reportedly sent 65,000 warning letters to individuals suspected of owing capital gains tax on their digital asset holdings during the 2024-25 tax year, more than double the 27,700 letters sent the previous year.

by Ava Winslow