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Hong Kong securities regulator updates crypto policies, citing market developments

The Securities and Futures Commission (SFC) of Hong Kong announced it will update its policies on virtual currency sales and requirements “in light of the latest market developments and enquiries from the industry”.In an Oct. 20 notice, the SFC said under the updated guidelines, certain virtual currency products will only

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SEC vs Service Provider Developments Keeps Market Volatility Up – Blockchain News, Opinion, TV and Jobs

By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Bitcoin (BTC) closed last week around $26,000, a 0.5% decrease in price from its previous week’s closing price of $26,100. Last week was pretty hectic, following the lawsuit win for Grayscale against the SEC. The court said

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13 developments that could kindle the public’s interest in the crypto industry

For many, the crypto industry feels as though it’s hovering on the brink. It attracts high-profile attention and headlines; yet widespread public interest and adoption haven’t yet followed.  There may be a variety of factors giving the public pause, ranging from stories of misconduct by bad actors to simply a

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Hong Kong launches task force to promote blockchain initiatives, developments

Hong Kong’s local government on Friday announced the formation of the Task Force on Promoting Web3 Development, citing the potential benefits to many industries of the low cost and transparency in blockchain technology that underpins the idea of a decentralized Internet. The group will be chaired by the city’s Financial

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Bitcoin BTC Price Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments

Among major equity indexes, the tech-focused Nasdaq Composite climbed 0.5% to hit a 2023 high, while the S&P 500, which has a vital technology component, and Dow Jones Industrial Average (DJIA) ticked up 0.2% and 0.4%, respectively. Yields on Treasurys rose, and the price of gold sank slightly to $1,990,

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Bitcoin price more correlated to FTX developments than macro events: Research

The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin (BTC) throughout Q4, compared to macroeconomic events such as rate hikes, according to research.In a “State of Bitcoin Q4 2022” report published on Feb. 10, Messari research analysts Sami Kassab and

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