Franklin Templeton Debuts Tokenized Money Market Fund in Hong Kong

Cryptocurrency-friendly investment firm Franklin Templeton introduced a blockchain-based money-market fund for professional investors in Hong Kong and said it’s also working on a version for retail investors as it looks to expand its footprint in Asia. The Franklin OnChain U.S. Government Money Fund invests in short-term U.S. government securities, with shares represented as tokens. Franklin…

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‘Death by a thousand cuts’: the people who could face deportation under Reform | Immigration and asylum

As Reform UK soars in the polls, Britain’s migrant communities are facing an uncertain future. The party has announced a swathe of hardline immigration policies, including its plans to abolish indefinite leave to remain – the right to settle permanently in the UK after five years of residence. Nigel Farage has said non-UK citizens would…

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Australia Looks to Bring Crypto Under Financial Services Framework With New Draft Legislation

The Australian treasury revealed a new draft proposal for crypto firms in the country, requiring them to hold licenses and be treated as financial products. The proposal would require crypto firms to hold financial service licenses, effectively bringing them under the wing of the country’s securities regulator, Australian Securities and Investments Commission (ASIC). Digital asset…

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