Hong Kong’s Securities and Futures Commission (SFC) issued a directive to all crypto trading platforms operating within its jurisdiction earlier today. The directive mandates these platforms to submit a license application by February 29 or face a shutdown by May 31. This announcement is part of Hong Kong’s ongoing efforts to establish a regulated regional […]
Following a relatively quiet start to the week, Ethereum’s price seems to have returned to some of its early December promises. However, the latest on-chain revelation shows that the “king of altcoins” might be facing some uncertainty over the coming the coming weeks. A massive amount of ETH has made its way to centralized exchanges […]
Hong Kong’s Securities and Futures Commission (SFC) has allied with the Police to establish a group to monitor and investigate crypto exchange-related crimes. This development comes amid scandals involving the Dubai-based JPEX exchange, a leading Hong Kong crypto industry player. The SFC revealed its latest move in an October 4 announcement, noting that it formed […]