From piperalderman.com.au: Australia has imposed sanctions on Zservers, a Russian bulletproof hosting provider linked to ransomware attacks by the LockBit gang, in a coordinated effort with the US and UK.

The newly passed Scams Prevention Framework Act 2025 mandates specific sectors, including banks and telecommunications, to implement measures against digital fraud.

Standard Chartered Bank Hong Kong, Animoca Brands, and HKT have established a joint venture to issue Hong Kong’s first regulated HKD-backed stablecoin, aiming to enhance the city’s position as a crypto hub.

Filed under: Cryptocurrency, Tech

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