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Hong Kong03

15 Jun 23

#Hong Kong pushes HSBC and Standard Chartered to embrace crypto clients

Hong Kong pushes HSBC and Standard Chartered to embrace crypto clients The cryptocurrency industry continues to gain traction worldwide, and Hong Kong is set to solidify its position as a global cryptocurrency hub. In a groundbreaking move, the Hong Kong Monetary Authority (HKMA) has urged major banks, including HSBC and Standard Chartered, to onboard cryptocurrency […]

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19 May 23

CoinGecko says Apple’s AR/VR announcement pushes metaverse token interest

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The metaverse token market has witnessed a surge in value, with various metaverse tokens experiencing notable gains ranging from a solid 2% to an astounding 28%. As the excitement around these meme coins intensifies, a tweet from CoinGecko has drawn attention […]

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17 Feb 23

US crypto crackdown pushes companies overseas

Cryptocurrency companies could look towards overseas financial hubs as the U.S. crypto crackdown intensifies. Soon, the country may no longer be an industry leader. More attractive offers beyond the US Countries like Dubai, Europe, Hong Kong, and Singapore are becoming more attractive for crypto companies. These companies are escaping the strict regulatory efforts in the […]

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27 Jan 23

CFTC pushes for additional crypto acquisition reviews

In light of the recent demise of the crypto exchange FTX, an official from the US Commodity Futures Trading Commission (CFTC) is urging legislators to grant regulators the power to examine the financial records of any firm seeking to acquire a significant interest in any registered market participant. During a speech at Duke University on […]

Pro Russian military groups are using cryptocurrency to raise funds Blockchain intelligence firm

11 Jan 23

Russia pushes foreign CBDC transactions as sanctions tighten

Amidst continuous sanctions imposed on Russia for its invasion of Ukraine, the country is accelerating its CBDC program. According to the Jan. 9 report, Russia’s central bank will research two potential cross-border settlement solutions as part of its intentions to move forward with the country’s digital ruble in the first quarter of 2023. The first […]

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06 Jan 23

Blockchain Association of Singapore pushes back on token lending prohibition

The Blockchain Association of Singapore (BAS) opposes “overly restrictive” proposal by Central Bank of Singapore. BAS opposes proposal to ban token lending The Monetary Authority of Singapore (MAS), Singapore’s Central Bank, recently suggested a prohibition on lending digital tokens by cryptocurrency companies to retail customers. The Blockchain Association of Singapore, a significant cryptocurrency lobby group, […]

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