The company aims to take advantage of Hong Kong's renewed status as a promising crypto hub, considering the city's efforts to establish a well-defined regulatory framework for digital assets.
Digital Assets Definition Crypto
Digital Assets Definition Crypto latest news, images, analysis about WebCrypto assets Any digital store of value or medium of exchange (currency) that’s stored on the blockchain. What it can be used for Investments Payments Creating a coin to fund a project Stablecoins A type of cryptocurrency designed for price stability. Stablecoin …
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Galaxy Digital Records Impressive First-Quarter Profits of $134M Driven by Strong Performance in Crypto Market
This represents a significant improvement from the net losses of $111.7 million reported in the same period last year, as well as the $288 million loss in the fourth quarter of the previous year.21
Corporate clients of BNP Paribas will have access to China's e-CNY by connecting to the Bank of China's system.21
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On Monday, meme coin traders enthusiastically invested in various pizza-related tokens, but the anniversary of the first bitcoin purchase was overshadowed by rug pulls that dampened the mood.23
Cathie Wood also alluded to the significant downfall of the crypto exchange FTX last year, stating that it effectively 'proved the concept' of bitcoin.20
The project additionally introduced its new PLEX client, designed to alleviate the demands of computationally intensive tasks involving scientific data.20
The bank anticipates a continued lack of activity in digital asset trading, as retail investors choose to stay out of the market.24
Hong Kong Securities Regulator to Commence Accepting Crypto Exchange License Applications from June 1st
The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.15