virtual assets
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**Welcoming Opportunities and Dealing with Account Opening: The Future of Virtual Asset Banking in Hong Kong**
According to reports, on April 27th, Nguyen Kwok Heng, Vice President of the Hong Kong Monetary Authority, published an article titled \”Welcoming Opportunities and Dealing with Acc
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The Government Affairs Committee of the Korean National Assembly passed the “Virtual Asset Investor Protection Act”
According to reports, the South Korean National Assembly\’s Political Affairs Committee passed the first phase of the virtual asset bill, the \”Virtual Asset Investor Protection Act\”
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Understanding the Difference Between CBDCs and Virtual Assets in South Korea’s Legal Framework
On April 24th, it was reported that the definition of virtual assets in the virtual asset related laws currently being discussed in the South Korean parliament does not include pro
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South Korean Financial Services Commission to Investigate Data from Virtual Asset Operators and Issuers: What You Need to Know
On April 24th, it was announced that the South Korean Financial Services Commission will support the Bank of Korea\’s request to investigate data from virtual asset operators and is
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South Korean Banks May Gain Authority in Investigating Virtual Asset Business
On April 20th, it was announced that South Korean banks may have the authority to investigate virtual asset business. According to sources from the Political Affairs Committee of t
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Korea Financial Services Commission Pursuing Compensation for Unfair Trading of Virtual Assets
On April 18th, according to a report from the Korea Financial Services Commission to the Political Affairs Committee of the National Assembly, the Korea Financial Services Commissi
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The Rise of Web3: Triggering a New Wave of Innovation in Hong Kong’s Financial Technology
On April 14th, the Financial Secretary of Hong Kong, Chen Maobo, stated today at the 2023 Digital Economy Summit that the emergence of Web3 is triggering a new wave of innovation i
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HashKey PRO: A New Compliant Trading Platform for Secure Trading of Virtual Assets
According to reports, the virtual asset group HashKey Group has announced that its new compliant trading platform HashKey PRO will be officially launched in the second quarter. Has
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Unleashing the Potential of Web3 and Virtual Assets: Keith Choy’s Keynote Speech at the Hong Kong Web3 Carnival 2023
According to reports, at the 2023 Hong Kong Web3 Carnival, Keith Choy, interim head of the Intermediary Department of the Hong Kong Securities and Futures Commission, stated in his
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The Growth and Potential of Web3 in Hong Kong
On April 12th, at the \”2023 Hong Kong Web3 Carnival\”, Xiao Feng, Chairman of Wanxiang Blockchain and Chairman of HashKey Group, stated in a welcoming speech that the Hong Kong gove
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The Rise and Fall of NFT Market Trading Volume in March 2021
On April 5th, according to Decrypt citing data from Dapp Radar and Dune, the NFT market trading volume in March was slightly higher than $1.95 billion, a decrease of about 4% from
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Killabears: Start casting Killacubs on April 20th
According to reports, the NFT project Killabers announced on social media that it would launch the casting of Killacubs on April 20th, totaling 8888 pieces at a casting price of 0.
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The Boom in NFT Transactions in Metaverse: Insights from DappRadar Q1 report
According to reports, according to a DappRadar report released on Thursday, NFT transactions in Metaverse increased in the first quarter of 2023, totaling $311 million so far this
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Shengli Securities Obtains Consent to Manage Investment Portfolio of Virtual Assets
On March 23rd, Shengli Securities (08540. HK) announced that its board of directors would like to inform its shareholders and investors that Shengli Securities Co., Ltd. (Shengli S
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The Korean Government Council will propose and discuss a “virtual asset related bill” at the end of this month
It is reported that the South Korean Government Affairs Committee will hold the 1st Proposal Review Branch on March 28th to propose and discuss the legislation of the \”Virtual Asse
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Crypto.com Obtains Preliminary License to Operate in Dubai
On March 20th, according to the official blog, Crypto.com announced that it had obtained a MVP preliminary license from the Dubai Virtual Assets Regulatory Authority (VARA). The MVP phase of the preparatory phase allows approved licensees to meet all the prerequisites necessary to conduct MVP market operations within the VARA system. Crypto.com obtained MVP preliminary license from Dubai Virtual Assets Regulatory Authority Analysis based on this information:Crypto.com, a Hong Kong-based cryptocurrency platform, has recently announced that it has been granted a preliminary license by the Dubai Virtual Assets Regulatory Authority (VARA). The license enables the company to operate its MVP (Minimum Viable Product) within the VARA system, following completion of all the necessary prerequisites. This announcement is significant for several reasons. Firstly, it represents a key development in the growing acceptance and regulation of cryptocurrency in the Middle East. Dubai has been at the forefront of several initiatives aimed at promoting blockchain and digital currencies, and this license represents a…
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Financial authorities in South Korea making moves to regulate cryptocurrency
On March 7, the Financial Intelligence Unit (FIU) of the Korea Financial Services Commission planned to conduct a comprehensive inspection of virtual asset ope…
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Delay in discussion of Basic Law on Digital Assets in South Korea.
On February 27, the South Korean Congress held its first bill review subcommittee this morning, but failed to discuss the Basic Law on Digital Assets, which is…
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FATF Reaches Agreement on Action Plan for Cryptocurrencies
It is reported that the results of the recent plenary meeting of the Financial Action Task Force (FATF) show that the FATF has reached an agreement on an actio…
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Hong Kong Securities Regulatory Commission Endorses Measures to Strengthen Hong Kong’s Position as a Global Financial Center
It is reported that the Hong Kong Securities Regulatory Commission welcomes the various measures proposed by the Financial Secretary, Mr. Chen Maobo, in the 20…