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"Green bond tokenization is one of the pilot projects announced in the Government’s Policy Statement on Development of Virtual Assets in Hong Kong," said Christopher Hui, secretary for Financial Services and the Treasury, in a statement to the press. "Through a clear policy stance and road map, the Government will
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The Government of the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR Government) announced on Feb 16 that it had issued HK$800 million in tokenized green bonds, under the Government's Green Bond Program (GBP). The bonds were underwritten by four banks and priced at a yield
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The positive stance on crypto growth had a number of unique undertones from top regulatory bodies including the Reserve Bank of India (RBI). The digital currency ecosystem is on the bounce today as evident in the uptick in the combined crypto market cap which surged by 4.52% to
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Bitcoin’s (BTC) bullish surge in January has helped the Nasdaq Crypto Index to register its third-highest monthly gain, with a 38% surge. The cryptocurrency market started the year bullish, defying major bearish market outlooks. Bitcoin and a number of altcoins touched new multi-month highs as inflation cooled off. Nasdaq Crypto Index
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Aptos has been driven upwards by internal developments in the ecosystem. According to CoinGecko, APT is up 75% in the bi-weekly timeframe, notching its biggest gains this January. The Aptos ecosystem mainnet was only released on October 12, 2022, which makes it one of the youngest blockchains in the market. But
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Ethereum extended its increase above the $1,300 resistance zone against the US Dollar. ETH tested the $1,350 zone and is currently correcting lower. Ethereum remained in a positive zone and climbed above the $1,300 and $1,320 resistance levels. The price is now trading above $1,300 and the 100 hourly simple moving average. There
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According to Bloomberg, officials with the U.S. Department of Justice's Eastern District of New York and the U.S. Securities and Exchange Commission are examining transfers between Digital Currency Group and the conglomerate's Genesis subsidiary. Genesis and CryptoX are both owned by the parent company Digital Currency Group. Bernstein's Gautam Chhugani
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On-chain data shows the Bitcoin miner selling power has plunged recently, a sign that could be positive for the crypto’s price. Bitcoin Miner Selling Power Has Plummeted In Recent Days As pointed out by an analyst in a CryptoQuant post, there has been less selling pressure from the miners recently. There are
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Following a series of bearish trends, this past week saw Bitcoin and the broader cryptocurrency market demonstrate a significant trend reversal by gaining 8% in a short period. After Bitcoin’s decoupling from U.S. equities, the king coin has been attempting to catch up with this relief bounce. Although bitcoin has had
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A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposal left out two planned tax exemptions for green mining operations and the issue of segregating customer
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