Hong Kong begins public consultation on crypto licensing regime
The Hong Kong Securities and Futures Commission is calling for public feedback on its new proposals to regulate the crypto industry set to take effect in June.
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Markets: Bitcoin rises above US$24,000; Solana gains most in top 10 cryptos
Bitcoin rose above US$24,000 in Monday afternoon trade in Asia while all other top 10 non-stablecoin cryptocurrencies were mixed. Ether gained 0.18%, while Solana strengthened the most across the top 10 cryptos.
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Trust in crypto is in shambles. How can we rebuild it?
Greater transparency and confidence in who you are transacting with could go a long way toward alleviating public mistrust, writes Travis Nelson of Quadrata.
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Former FTX executive Nishad Singh negotiating guilty plea on fraud charges: Bloomberg
Nishad Singh, a former executive at bankrupt Bahamas-based cryptocurrency exchange FTX.com, may be leaning towards pleading guilty to fraud charges for his involvement in the company’s last November
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Taiwan may mandate public servants to declare crypto holdings
Taiwan’s Ministry of Justice said on Wednesday that it may be adding cryptocurrencies to the list of properties for public servants to declare.
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How tokenizing real estate can turn the ‘rules’ on their head – by mastering them first
The digital asset space is ripe for regulation, and tokenized real estate is no exception. But views differ when it comes to finding a framework that fits.
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Industry reacts: US cracks down on crypto, India calls for regulatory collaboration
The cryptocurrency industry this week reacted to the recent moves by U.S. authorities against Kraken and Paxos. Meanwhile, India has been calling for a collaborative approach to crypto regulations.
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Weekly Market Wrap: Bitcoin rises above US$23,000 after its first weekly ‘death cross’
Bitcoin briefly climbed above US$25,000 for the first time since August 2021, before declining to US$23,764 after its first weekly “death cross.” Investors liquidated over US$70 million worth of Bitcoin short positions in the past 24 hours, according to data aggregator GlassNode, contributing to BTC’s rally.
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Markets: Bitcoin, Ether fall along with most top 10 cryptos following hawkish U.S. Fed remarks
Bitcoin and Ether fell during Asian trading hours on Friday, following hawkish remarks from U.S. Federal Reserve officials on more upcoming interest rate hikes.
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Weekly NFT sales spike after Blur’s Valentines airdrop
Blur.io, the NFT marketplace that beat OpenSea’s trading volume in the past month, airdropped its platform tokens on Valentine’s Day, contributing to the global NFT sales increase this week.