Hong Kong Monetary Authority urges banks to service crypto firms: Financial Times
HKMA is urging lenders including HSBC, Standard Chartered and Bank of China to service crypto exchanges. Financial Times reported on Thursday.
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Bitcoin, Ether extend losses; XRP drops most among top 10 cryptos
Bitcoin and Ether continued to slide amid lawsuits against top crypto exchanges in the U.S.
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How low can NFTs go?
SEC scrutiny sends NFT market into downturn. Traders liquidate or hold off as Forkast 500 NFT Index hits all-time low amidst crypto turbulence.
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Insights from Dubai’s cryptocurrency scene as city looks to be global digital assets hub
Ghassan Jumblat, fintech director at financial services company Integrated Communications Channel discusses the evolution of the cryptocurrency and blockchain industry in Dubai in the United Arab Emirates, as the city positions itself as a future hub for digital assets.
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Weekly Market Wrap: SEC crackdown on Binance, Coinbase ‘can’t stop’ Bitcoin as it trades above US$26,000
Bitcoin recovered above the US$26,000 psychological level after a brief dip, as investors seemingly shrugged at the SEC’s crackdown on Binance and Coinbase. The quick crypto recovery could be a sign of a maturing asset class, industry experts told Forkast.
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Binance moved billions of dollars in client funds to accounts of company officials, SEC says in new filing
The U.S. Securities and Exchange Commission (SEC) has submitted a new court filing to support its lawsuit against the world’s largest cryptocurrency exchange, Binance.
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Why the US is waging war on Binance, Coinbase
Top blockchain and crypto news: Binance, Coinbase in SEC firing line. Solana NFTs slump as Bitcoin’s surge. New dawn in Hong Kong crypto regulations.
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Why lack of diversification is cripping to the crypto market
Small cryptos often rise and fall with BTC and ETH — the market’s two biggest players. The concentration risk is profound, and here’s why you should care.
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What’s next for crypto miners after US debt ceiling deal?
Top blockchain and crypto news: Miners dodge tax bullet. Blur, Binance heat up NFT lending. Chinese cities’ plans reveal nationwide Web3 ambition.
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Hong Kong to be digital asset rules sandbox for China, says former city regulator
Virtual assets will receive the same regulatory clarity in Hong Kong as their real-world counterparts, says former Hong Kong SFC regulator Angelina Kwan.