Ryze Labs Weighs In: Fed’s Stance on Interest Rates and Its Impact on Market Dynamics

June 14, 2024 Bitcoin.com

Bitcoin

Following the release of lower-than-anticipated CPI data on June 12, U.S. equities climbed to record highs, with bitcoin exceeding $70,000. However, Ryze Labs, a venture capital firm investing in blockchain and Web3 projects worldwide, particularly in emerging markets, stated that the Federal Reserve’s hawkish dot plot forecast and subsequent comments by Chair Jerome Powell led […]

Rumble embraces Trump-era crypto strategy with M BTC purchase

Rumble embraces Trump-era crypto strategy with $17M BTC purchase

Hong Kong Spot ETFs Secure $1.96B in Bitcoin, $26M in Ether

June 13, 2024 Bitcoin.com

Hong Kong Spot ETFs Secure .96B in Bitcoin, M in Ether

AMC China

Since the spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong began trading on April 30, they have accumulated $1.96 billion in bitcoin and $26.74 million in ethereum. Hong Kong’s Spot Bitcoin and Ether ETFs See Modest Growth Hong Kong’s spot bitcoin and ether ETFs have been active for 44 days since their launch. […]

Rumble embraces Trump-era crypto strategy with $17M BTC purchase

Hong Kong Partners With Swiss Crypto Valley

June 7, 2024 Bitcoin.com

bitcoin.com

Invest Hong Kong, the government department responsible for attracting foreign direct investment and the Crypto Valley Association (CVA) of Zug, Switzerland, have signed a Memorandum of Understanding (MoU) to bolster the fintech ecosystems of both regions. The agreement, signed on June 6, 2024, aims to enhance collaboration, particularly in blockchain and cryptographic technologies. It also […]

Rumble embraces Trump-era crypto strategy with $17M BTC purchase

Crypto.com Among 11 Digital Asset Exchanges on the Verge of Getting Licensed in Hong Kong: Report

June 4, 2024 The Daily Hodl

Daily Hodl

Hong Kong’s Securities and Futures Commission (SFC) reportedly says that nearly a dozen crypto exchanges are on the cusp of getting their trading licenses approved. The SFC’s website showed on June 1st that the 11 applicants, including the Singapore-based Crypto.com and the Hong Kong-based Bullish, are “deemed to be licensed,” according to a Bloomberg report. […]

The post Crypto.com Among 11 Digital Asset Exchanges on the Verge of Getting Licensed in Hong Kong: Report appeared first on The Daily Hodl.

Rumble embraces Trump-era crypto strategy with $17M BTC purchase

Hong Kong Police Advisory Group Warns of Surge in Digital Asset-Linked Crime

June 4, 2024 Bitcoin.com

bitcoin.com

The Hong Kong Technology Crime Police Advisory Group has warned about the rise of digital asset-linked crime, calling for the establishment of a regulatory system to identify and eliminate risks associated with this tech. According to police data, almost $550 million was involved in digital asset crimes during 2023, with 90% of these cases involving […]

Rumble embraces Trump-era crypto strategy with $17M BTC purchase

Hong Kong crypto exchange license applications cost less than expected

June 3, 2024 Coin Telegraph

Coin Telegraph

All unlicensed crypto exchanges have been kicked out of Hong Kong.

Hong Kong crypto exchange licenses are costing applicants several million dollars, a far cry from the $25 million witnessed a year ago.

In an interview with the Financial Times, Livio Wang, chief operating officer of HashKey Group, said that the crypto exchange licenses are “not necessarily tens of millions of dollars, but certainly tens of millions of Hong Kong dollars [several million in USD].”

He explained that “the costs corresponding to the stage of preparing license review materials are different from those of the operation stage.” He further stated:

Rumble embraces Trump-era crypto strategy with $17M BTC purchase

‘Inevitable’ – Tether Co-Founder Says China Is Going To Open Up to Crypto: Report

June 3, 2024 The Daily Hodl

Brock Pierce

The co-founder of Tether (USDT), the world’s largest stablecoin by market cap, reportedly says it’s “inevitable” that China will reverse course and open up to crypto assets. According to a new report by the South China Morning Post, Tether co-founder Brock Pierce says that China – which banned all crypto-related commercial activity years ago – […]

The post ‘Inevitable’ – Tether Co-Founder Says China Is Going To Open Up to Crypto: Report appeared first on The Daily Hodl.

Rumble embraces Trump-era crypto strategy with $17M BTC purchase

Hong Kong Reveals 17 Crypto Trading Platform Applicants as New Regulations Take Effect

June 3, 2024 Bitcoin.com

Bitcoin

Hong Kong’s Securities and Futures Commission (SFC) has published a list of two licensed crypto trading platforms and 17 pending applicants under the new regulations that went into effect on June 1. The financial regulator stresses that operating without a license is a criminal offense and commits to taking appropriate actions against any legal breaches. […]

Rumble embraces Trump-era crypto strategy with $17M BTC purchase

Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1

May 30, 2024 Bitcoin.com

Bitcoin

The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance. Investors are advised to only trade […]

Rumble embraces Trump-era crypto strategy with $17M BTC purchase

Worldcoin faces bans worldwide amid increasing privacy fears

May 27, 2024 Coin Telegraph

Coin Telegraph

Regulators across the world are banning Worldcoin, which collects biometric data for a small payment of its native cryptocurrency.

The increasing adoption of Worldcoin, an AI-centric identification project with its own cryptocurrency, is alarming privacy advocates and regulators.

According to the project, over 5 million people have already lined up to stare into a silver sphere the size of a bowling ball and scan their irises.

In addition to receiving online ID verification, users are rewarded 25 WLD, worth about $115.

hong kong