FreeCryptoCurrency.Me

Quick Take

• The Hong Kong government has proposed to require crypto exchanges to obtain a license within 180 days after the policy takes effect 
• A licensed crypto exchange under the proposed licensing regime can only target professional investors at initial stage
• Some says such a move may suffocate trading volume and pigeonholes crypto assets as speculative instrument

Institutional investors, such as family offices and asset managers, might be looking at bitcoin as an alternative to gold, according to JPMorgan analysts.

The post JPMorgan says institutional investors appear to prefer bitcoin over gold appeared first on The Block.

Quick Take

• About half of the total traffic last month came from just six countries — United States, South Korea, Japan, India, Indonesia, and Mexico
• South Korea, Singapore, Switzerland, and Venezuela have the highest cryptocurrency interest relative to population