China's second-largest fund house launches world's first renminbi tokenised money fund

The Hong Kong arm of China's second-largest fund firm China Asset Management (ChinaAMC) rolled out on Thursday the world's first renminbi-denominated tokenised money fund.This is the first tokenised money market product giving exposure to renminb

KuCoin to Pay Nearly $300M Fine After Pleading Guilty to DOJ Charges

KuCoin has pled guilty to one count of operating an unlicensed money transmitting business and has agreed to pay penalties of over $297 million, the United States Attorney's Office for the Southern District of New York said in a release on Tuesday."K