Hong Kong Bitcoin ETFs top $250M AUM
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.
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Hong Kong securities regulator CEO to lead UK financial watchdog
Ashley Alder said the FCA would help “chart the U.K.’s post-Brexit future as a global financial centre, which continues to support innovation and competition." 255 Total views 14 Total shares Ashley Alder, the CEO of Hong Kong’s Securities and Futures Commission, will become the next chair of the United Kingdom’s Financial Conduct Authority.In a Friday…

South Korea reports first crypto ‘pump and dump’ case under new law
South Korean authorities have indicted suspects for unfair crypto trading involving artificial price inflation and subsequent token dumping, known as a pump and dump.

Bitcoin Price Gains 7% in 24 Hours as Wall Street Bets on $2T Bailout
Bitcoin (BTC) jumped over $100 as Wall Street opened on March 24, markets broadly gaining amid hope of the United States agreeing a $2 trillion coronavirus rescue package. Cryptocurrency market daily overview. Source: Coin360BTC price steadies as stocks bounceData from Coin360 and Cointelegraph Markets showed BTC/USD circling $6,700 at press time on Tuesday — up 7%…

Customs Agents Seize Crypto Mining Units Smuggled Out of Mongolia
The Federal Customs Service of the Russian Federation stopped the illegal import of four crypto mining devices from Mongolia into Russia.Crypto mining equipment confiscatedOn Oct. 1 Coinspot reported that a Mongolian citizen was trying to smuggle the mining devices with fans and connected microcircuits across the Russia-Mongolia border into Russian territory.The custom services explained that the…

New decentralized stablecoin in China targets international trade
Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan. 819 Total views 15 Total shares As financial authorities around the globe become increasingly concerned about stablecoin regulation, a jurisdiction in China is preparing to pilot a new yuan-pegged stablecoin for international trade.Chris Banbury, head of global…

Bitcoin Stays Near $4,100 as Top Cryptos See Mixed Movements
Saturday, March 30 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) stays near $4,100.Market visualization courtesy of Coin360Bitcoin has seen nearly no price movement on the day, trading at around $4,095 after having reported a mid-day high of $4,275, according to CoinMarketCap. Looking at its…

This 360 treadmill could make Disney’s metaverse a physical playground
YouTuber and Ultimate star MKBHD tested the device using a game controller, his legs, and the Force.

Marshall Islands Seeks to Establish a “Self-Sovereign Identity” With New Blockchain-Based Currency
Joel Telpner reveals some of the steps the Marshall Islands is taking to launch its national digital currency. 1164 Total views 42 Total shares The Marshall Islands’ project says its creation of a digital sovereign currency, named SOV, aims to be a “game-changer”. It could also pioneer how governments respond to crises such as the…