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According to a Bloomberg report, Hong Kong has received applications from 24 companies seeking licenses to operate crypto exchanges in the city as it strives to establish itself as a regulated hub for the cryptocurrency industry.
Notable players such as Bybit, OKX, and Crypto.
According to a local media report, South Korea’s Financial Supervisory Service (FSS) Chairman, Lee Bok-hyun, is scheduled to meet with the United States Securities and Exchange Commission (SEC) Chairman, Gary Gensler, in May to deliberate on the classification of non-fungible tokens (NFTs) and the a
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According to a Bloomberg report, Japan is progressing towards enabling venture capital firms and other investment funds to hold crypto assets directly.
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The Bank of Russia, in its latest report, revealed a concerning rise in financial scams with crypto-related elements in 2023. The number of entities involved in illegal activities, including financial pyramids, allegedly increased by 15.
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Hedera, an open-source public distributed ledger network, has announced a five-year partnership agreement worth $250 million with the Saudi Ministry of Investment.
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