China’s crypto stance unchanged by moves in Hong Kong, says exec
Crypto developments in Hong Kong do not mean China has softened or will soften its approach to regulating Bitcoin. Go to Source Powered by WPeMatico
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Coinbase remains ‘100% committed’ to US market: Armstrong
The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much. Go to Source Powered by WPeMatico
Hong Kong regulator requires banks to open accounts for crypto firms
Hong Kong’s central bank has urged banks to provide services to crypto firms even before they receive the license. Go to Source Powered by WPeMatico
Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients
Increasing familiarity with virtual assets clients will make Anti-Money Laundering measures easier with time, and the firms should be treated reasonably, the HKMA says. Go to Source Powered by WPeMatico
Pan-European crypto regulation is almost here: Law Decoded, Apr 17–24
The Markets in Crypto-Assets Act, also known as MiCA, was finally passed by the European Parliament. Go to Source Powered by WPeMatico
OPNX CEO scolds claimed backers after some deny investing in the firm
OPNX chief Leslie Lamb called out a number of venture capital firms on Twitter after some rushed to distance themselves from the company. Go to Source Powered by WPeMatico
Despite regulatory clarity, Hong Kong crypto ETFs experience lukewarm demand
The daily trading volume of all Hong Kong crypto exchange-traded funds averaged about $1.19 million between December and early February. Go to Source Powered by WPeMatico
Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide
In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency practitioners and other common law jurisdictions. Hong Kong Judge Designates Crypto … Read more
UK may have crypto regulation within a year, says senior minister
The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized. Go to Source Powered by WPeMatico
China’s state-affiliated banks are on-boarding crypto companies in Hong Kong
Chinese banks are opening bank accounts for regulated crypto companies, with several acting as a payment layer for these crypto platforms. Go to Source Powered by WPeMatico
