Hong Kongs Securities and Futures Commission (SFC) has found "unsatisfactory practices" at "some" of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections, Bloomberg reported on Thursday citing people...
Hong Kongs SFC strict regulatory environment has raised questions on whether the City-State could achieve its digital asset hub goals.
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Hong Kongs Securities and Futures Commission (SFC) will conduct on-site inspections of those crypto trading platforms interested in continuing to pursue their licensing applications as a key deadline looms, the regulator announced Tuesday.
Charles Edwards, founder of Capriole Investments, predicts a promising future for Bitcoin post-halving, highlighting its potential as a superior store of value compared to gold.
Eric Balchunas criticized predictions that the ETFs could draw $25 billion in inflows, suggesting a more realistic figure would be around $500 million.
Hong Kong further solidified its status as a crypto hub, with several issuers reporting approval of their spot Bitcoin and Ethereum Exchange-Traded Funds (ETFs) applications on April 15. However, Hong Kong’s foremost financial regulator, the...