Category: Policy and Regulation
Hong Kong Legislator Encourages Coinbase to Set Up Operations Despite SEC Scrutiny
BOCI, the investment bank of the Bank of China, has achieved a significant first by becoming the first Chinese financial institution to issue a tokenized security in Hong Kong. BOCI…
Bybit Receives Approval to Operate in Kazakhstan
Bybit, a leading cryptocurrency exchange, has received “in-principle” approval from the Astana International Financial Centre to commence operations in Kazakhstan. This approval allows Bybit to function as a digital asset…
EU Watchdog Urges Restricting Leverage in Crypto Trading to Safeguard Financial Stability
In an effort to safeguard financial stability and mitigate potential systemic risks, a European Union (EU) watchdog has called for the implementation of leverage limits on crypto assets. The European…
Philippines Takes Prudent Approach in Delaying Crypto Framework Publication
In a move to prioritize investor protection and thorough research, the Philippines’ financial regulator has decided not to rush the publication of a legal framework for the crypto industry, which…
Hong Kong Set to Allow Retail Traders to Enter Crypto Market, Boosting Industry Growth
Hong Kong is poised to announce the conclusion of its consultation on a new initiative that will enable retail investors to trade cryptocurrencies. According to reports, the Securities and Futures…