Places Hong Kong

Worldcoin's WLD token tumbled 5% following the regulatory issues in Hong Kong.

Worldcoin has stepped up efforts to enhance its users' data privacy recently.

Grayscale's GBTC sees a rare week of inflow, while Ethereum crypto products continue their bearish run.

The Digital Yuan pilot scheme does not support peer-to-peer transactions.

HB Lim of BitGo analyzes Hong Kong's new spot ETFs and their potential to shape the regional crypto market and regulatory practices.

Bitcoin will create its first red monthly candle in over half a year tonight as it retraces part of its gains.

Market stakeholders believe that the Hong Kong ETFs would still have a significant impact on the market, regardless.

Two of the spot Bitcoin ETF issuers said the ETFs have seen strong pre-launch interest and are expected to set records in the market.

The initiative comes in response to the rapid growth and increasing complexity of the industry.

This decision is coming four months after HashKey restricted large deposits from third-party exchanges except from Binance

Bloomberg analysts revised previous projections, which expected roughly $500 million in inflows during a similar period.

The reported ETF approvals further propel Hong Kong into crypto leadership in Asia.

Bloomberg is reporting that both Bitcoin and Ethereum ETFs are expected to be approved as early as Monday.

Reports suggest Hong Kong set to approve its first spot Bitcoin ETFs, potentially boosting regional investment and mirroring US success.

Top Chinese mutual funds have are exploring Bitcoin via ETFs in Hong Kong after years of avoiding the industry due to the 2021 ban.

Hong Kong's SFC has increased its scrutiny of crypto-trading platforms within its jurisdiction.

Analysts believe the in-kind creation model will give Hong Kong-based Bitcoin ETFs a significant edge for their US counterparts.

Hong Kong's SFC said it might take enforcement actions against MEXC for its unlicensed operations.