An InvestHK official said that potential Hong Kong dollar-pegged stablecoins may draw strong demand from institutional investors.
Sam Bankman-Fried was convicted last year. Here’s how his trial came together.
The Ethereum network now has more than 1 million validators, which are staking more than 32 million of its native coin ether.
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.
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.
The firm said it has filed its spot bitcoin ETF application with the SFC and is ‘in active discussion’ with the Hong Kong regulator.
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.
The initiative is aimed at combating fraud and will kick in at the start of next year.
QuadrigaCX is a now-defunct crypto exchange that went bankrupt in 2019 after the disappearance and apparent death of CEO Gerald Cotten.
This is the third test for the Province’s new tool to combat money laundering.
