PBOC Report Highlights Crypto Oversight, Hong Kong Takes Lead in Licensing Initiatives

The importance of regulating digital currencies and cryptocurrencies from the People’s Bank of China (PBOC) in its recently released Financial Stability Report 2024. This reiteration is particularly notable given the contrasting approach to crypto between mainland China and Hong Kong. Notably, while mainland China maintains its strict ban on cryptocurrency trading and mining, Hong Kong…

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The best financial leader in South Korea urges the approval of ETF Crypto – what is at stake?

The president of the Korea Financial Investment Association (KOFIA), SEO YOO-SENO, called for the approval of the bargained funds (ETF) of the cryptocurrency and the formal recognition of the security tokens. During a recent New Year’s Press Conference at the Kofia, SEO, SEO headquarters highlighted The potential growth in the virtual asset market, influenced by…

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