Hong Kong’s Bitcoin ETFs reach HK$2B milestone, led by OSL
For Hong Kong to truly compete on the global stage, it will need to attract more significant inflows and broader participation from both retail and institutional investors.
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A recent report from The Influencer’s Club suggests that the creator economy was worth over $100 billion in 2022 and continues growing. Recent trends appear to back this up, with YouTube expanding to Shorts, TikTok’s launch of Pulse and Facebook pushing content with Reels. The creator economy is expanding in other ways too, with the…
MIT Research Group Calls Crypto a Testing Ground for a Central Bank Digital Asset
MIT’s crypto and distributed ledger tech research group, the Digital Currency Initiative, recently explained that a central bank digital currency (CBDC) will eventually use some of the concepts and technology currently at play in the experimental crypto space.“CBDC should not be a direct copy of existing cryptocurrencies with exactly the same design and features but there…
Swiss Financial Association Publishes Anti-Money Laundering Standards for Digital Assets
The Switzerland-based Capital Markets and Technology Association (CMTA) has published new anti-money-laundering (AML) standards for digital assets and distributed ledger technologies (DLT) Oct. 18.CMTA is a non-profit, independent association established in Geneva earlier this year with the aim of promoting the adoption of DLT, such as blockchain, and digital assets in the financial markets.Its creation…
Bitcoin drops to support as looming CPI print shakes up crypto and stock markets
Traders tuck their tails as this week’s CPI print approaches and BTC and ETH price fall back into range to test underlying support. 1181 Total views 8 Total shares Crypto and equities markets took a bit of a tumble on Aug. 9 as traders grew a bit skittish ahead of tomorrow’s Consumer Price Index (CPI)…
Ukrainian Ministry of Finance Creates Working Group to Develop Crypto Taxation
The Ukrainian Ministry of Finance is creating a working group to discuss and develop a legal framework for crypto taxation, according to an Oct. 8 announcement on the ministry’s official website.The group will start its work beginning Oct.16 to identify crypto-related tax regulation options within the existing legal framework. The group of experts will also…
CFTC Official Argues Against SEC’s Grounds for Disapproving Bitcoin ETFs
Brian Quintenz, a Commissioner at the United States Commodity Futures Trading Commission (CFTC), has argued against the Securities and Exchange Commission’s (SEC) grounds for not approving a Bitcoin (BTC) exchange traded fund (ETF). Quintenz made his remarks during a panel at the BiPartisan Policy Center in Washington D.C. on Feb. 12. Quintenz specifically argued that…
Polygon gas fees spike 1000% amid Ordinals-inspired token craze
Gas fees on the Polygon network reached as high as $0.10 during a mad rush to mint an Ordinals-inspired token called POLS. 347 Total views 16 Total shares Gas fees on Ethereum layer-2 Polygon (MATIC) surged more than 1,000% to reach a peak of $0.10 as users inundated the network with the minting of Ordinals-inspired