2020-11-12 00:18 |
VeChain is riding a strong tailwind on favorable developments out of China.
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Crypto money laundering is no longer centred on large, centralised exchanges. Instead, informal Chinese-language networks are playing a growing role in helping criminals move and disguise illicit funds.
A hard-start approach may force compliant firms to stop operations. The HKSFPA urges a 6–12 month grace period for applicants. The association also raised concerns over the CARF framework.
Seventy-six governments have pledged to share crypto data under CARF. Fifty-three countries have signed the agreement enabling automatic exchange. Switzerland delayed its timeline while the US continues its internal review.
HashKey Holdings Ltd. , operator of Hong Kong’s largest licensed cryptocurrency exchange, is seeking to raise as much as HK$1. 67 billion ($215 million) through an initial public offering, marking a significant test of the city’s ambitions to position itself as a regional digital-asset hub.
The People’s Bank of China has officially established the Digital RMB Operation and Management Center as the nation prepares its digital currency for widespread adoption. According to a recent report by Chinese media Capital Finance, the Governor of the central…
Some $19 billion in liquidated crypto positions marked the most significant single-day purge of leveraged bets in cryptocurrency history.
Сообщение China Opens Shanghai Digital Yuan Hub for Cross-Border and Blockchain Services появились сначала на Coinstelegram.