Cryptocurrency Analysis and News Portal
The introduction of the consultation paper, which is open until March 31, is the next major show of good faith for the regulator, and industry experts are keeping a close eye on the events moving forward. The Hong Kong Securities and Futures Commission (SFC) has released a consultation paper that
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Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said. Source
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The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake of multiple scandals that have
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The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transfer the money abroad, but operations in the country will be restricted. Uzbekistan Updates Rules for Operations With Proceeds From Crypto Exchange Transactions The
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NFT marketplace OpenSea’s dominance in the NFT ecosystem faces a growing challenge from Blur’s rapid ascent. Source
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Lvl is earned via participation on the platform or earned by supplying liquidity. On the other hand, lgo holders can vote on major decisions relating to the platform including fees, product offerings, engineering, and treasury are decided by the community via voting on the Level DAO. Original Source
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Crypto trading firm Auros Global, a victim of crypto exchange FTX’s bankruptcy, has reached a resolution to restructure its distressed debt on blockchain-based lending protocol Maple Finance, its primary creditor, M11 Credit, said in a statement on Wednesday. Source
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Eligible clients include individuals with over 8 million Hong Kong dollars and institutions with over 40 million Hong Kong dollars in investable assets. Source
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BLUR prices jumped to as much as $5 before falling 85% on Wednesday morning, price trackers show. Source
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BCB, based in London, is a banking partner for investors in foreign exchange and crypto, allowing them to load fiat currency and cryptocurrencies for payments, operations and trading purposes. Talos’ end-to-end trading platform offers market connectivity, smart order routing and execution algorithms. Original Source
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