Hong Kong officially kicks out all unlicensed crypto exchanges
This regulatory crackdown underscores the SFC’s commitment to fostering a secure and transparent environment for virtual asset trading.
Related Posts


Blockchain Adoption as a Cure for Cross-Border Trading
In August of 2019, both the United States and Thailand announced their plans to test blockchain applications for tracking and managing shipments. The U.S. Customs and Border Protection (CBP) is planning to test a blockchain application against their current system to determine how distributed ledger technology (DLT) can improve its existing processes. Thailand, on the…

Decentraland’s MANA and Shiba uptake surges year-on-year — eToro
eToro stated that MANA and SHIB saw the biggest surge in hodlers in Q3 2022, posting increases of 437% and 269% apiece compared to Q3 2021. 401 Total views 13 Total shares

Bitcoin holds 5-week high as trader suggests ‘parabolic’ bear trend is over
A crypto renaissance sees Bitcoin price challenge major resistance and long-term trendlines in a much-needed show of strength. 1016 Total views 8 Total shares Bitcoin (BTC) took aim at $24,000 on July 20 after a night of solid gains put bulls in the driving seat.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewParabolas violatedData from Cointelegraph Markets…

Bitcoin’s Taproot Upgrade Won’t Help Privacy Where It Matters
The activation of Bitcoin’s (BTC) Taproot upgrade is moving forward as official Bitcoin Improvement Proposals (BIP) were submitted for review on Jan. 24. Even though Taproot is often hyped up for its privacy improvements, its true impact is likely to be very minor.What is Taproot?Taproot is the name given to a proposal coined by former…

How to bridge tokens from other chains to the Polygon Network
Bridging assets could help solve issues like scalability, speed and high fees. Bridging means users can move their tokens between blockchain networks quickly and cost-effectively.The Polygon Bridge is used for cross-chain transactions between the Polygon (MATIC) and Ethereum (ETH) blockchains. It allows users to transfer ERC tokens and NFTs to the Polygon sidechain through smart contracts.This…

South Korean financial majors want to create virtual assets exchange in 2023: Report
Samsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in talks with the government to create the exchange. 147 Total views 8 Total shares Samsung Securities is among seven large South Korean securities companies that have applied for government approval to create a virtual assets exchange, according to a report…

Bitcoin made up 97% of total crypto inflows in 2021
Bitcoin trading volumes surged significantly this year, jumping from an average of $2 billion in 2020 to $12 billion. 2113 Total views 12 Total shares Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, remains the most preferred digital currency for investors, according to a new report.Bitcoin inflows accounted for 97% of total crypto inflows…

‘Very small chance’ BTC price could hit $24K, says trader as US dollar cools
Bitcoin (BTC) fought to reclaim $20,000 on the July 12 Wall Street open as the U.S. dollar cooled its surge to new two-decade highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar bull run takes fresh breatherData from Cointelegraph Markets Pro and TradingView revealed a tug-of-war between buyers and sellers following seven-day lows for BTC/USD.The intraday losses had…