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‘Old money’ may prefer regulated HKD-pegged stablecoins, says Hong Kong gov’t official

An InvestHK official said that potential Hong Kong dollar-pegged stablecoins may draw strong demand from institutional investors.

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Author: Timmy Shen

Recapping FTX Founder Sam Bankman-Fried’s Trial

Sam Bankman-Fried was convicted last year. Here’s how his trial came together.

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Author: Helene Braun

Ethereum’s 13,900 nodes are running 1 million validators, with 26% of the supply staked

The Ethereum network now has more than 1 million validators, which are staking more than 32 million of its native coin ether.

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Author: Adam James

zkSync founder explains why zero-knowledge proofs are the ‘endgame’ for blockchain scalability

Matter Labs co-founder and CEO Alex Gluchowski explains how the computational integrity of zero-knowledge rollups allows blockchains to scale to meet near “infinite” demand.

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Author: Davis Quinton

Bitcoin Halving Could Bolster ETF Tailwinds for the Cryptocurrency: Canaccord

If history repeats itself, an even more bullish period for bitcoin and crypto markets could be on the horizon in the months following the halving, the report said.

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Author: Will Canny

Hong Kong finance firm VSFG aims to launch spot bitcoin ETF as early as May

The firm said it has filed its spot bitcoin ETF application with the SFC and is ‘in active discussion’ with the Hong Kong regulator.

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Author: Timmy Shen

Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief

Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore.

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Author: Amitoj Singh

Indonesia Will Require Crypto Products to Pass Through Regulatory Sandbox or Be Deemed Illegal

The initiative is aimed at combating fraud and will kick in at the start of next year.

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Author: Shenna Peter

QuadrigaCX cofounder Michael Patryn targeted by unexplained wealth order in British Columbia

QuadrigaCX is a now-defunct crypto exchange that went bankrupt in 2019 after the disappearance and apparent death of CEO Gerald Cotten.

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Author: Adam James

Canadian Province Asks QuadrigaCX Co-Founder to Explain His Wealth in New Order

This is the third test for the Province’s new tool to combat money laundering.

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Author: Sam Reynolds


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