Wednesday, October 9, 2024
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No civil protection for crypto in China, $300K to list coins in Hong Kong? Asia Express – Cointelegraph Magazine

Our weekly roundup of news from East Asia curates the industry’s most important developments. Hot week for Hong Kong exchanges  Hashkey Exchange — one of the first regulated crypto exchanges in Hong Kong — has announced insurance coverage for clients

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Ripple CEO Criticizes SEC for Losing Focus on Investor Protection

Garlinghouse emphasized the need for the SEC to reassess its regulatory approach, moving away from a pattern of enforcement through lawsuits. During the just-concluded Ripple’s Swell conference in Dubai, the company’s CEO Brad Garlinghouse shared his views regarding the United States Securities and Exchange Commission’s (SEC) role in protecting consumers against

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SFC aims to offer clarity and investor protection in tokenized securities activities

Hong Kong’s Securities and Futures Commission (SFC), the independent statutory body tasked with regulating the securities and futures markets, has released two circulars aimed at overseeing the tokenization of digital assets. These circulars provide guidance for intermediaries engaged in tokenized securities activities and delineate the criteria for tokenizing investment products authorized

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EU data protection regulators urge anonymity for smaller transactions in digital euro

On Oct. 18, the European Data Protection Board and the European Data Protection Supervisor issued a joint statement on regulating a digital euro, as proposed by the European Commission in July 2023. The regulators made several recommendations to enhance the personal data protection standards for the European Union central bank digital currency

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