Hong Kong continues to welcome virtual assets after FTX debacle
Hong Kong remains bullish on virtual assets in the financial sector after the FTX debacle, while maintaining the view that regulation of businesses is a prerequisite for market development, said Hong Kong’s Financial Secretary Paul Chan in a blog post published on Sunday.
ARGOS ID Presents the World’s First Travel Rule Solution for Unhosted Wallets
ARGOS ID is delighted to introduce the world’s first Travel Rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage.
Hong Kong To Issue World’s First Tokenized Green Bonds by Year’s End
Hong Kong will issue what is the world’s first tokenized government green bonds by the end of the year. Reports also state that the region will legalize retail crypto trading.
Bitcoin Skyrockets by Almost $1,000 as Binance’s CZ Announces Industry Recovery Fund
The CEO of Binance, Changpeng Zhao, revealed that his company will form an industry recovery group in a bid to reduce the negative effects associated with the fallout of FTX.
Binance Starts Recovery Fund for Crypto Projects Facing Liquidity Crisis
Binance CEO Changpeng "CZ" Zhao says that his exchange is setting up an industry recovery fund to help rebuild the industry.
AAX reiterates withdrawal halt is unrelated to FTX contagion
Hong Kong-based crypto exchange AAX has reiterated that its suspension of withdrawals on the platform has nothing to do with the ongoing fallout from FTX's collapse and that y rumors to the contrary are false.
Regulator Denies Asking FTX to Prioritize Withdrawals for Bahamian Clients
In a statement on Nov. 12, the Securities Commission of The Bahamas (SCB) denied a Nov. 11<a href="https://twitter.com/ftx_official/status/1590783569471115264" target="_blank"> statement</a> from FTX on Twitter that suggested it had been instructed by “Bahamian HQ’s regulation and regulators” to facilitate the withdrawal of Bahamian funds.
The Eight Most Important Types of DAOs You Need to Know
DAOs offer the novel chance to develop and fabricate networks and organizations in a decentralized manner.
Web3’s Identity Problem: The Need for Decentralized Identity
We are clearly still in the beginning phases of decentralized identification.
How Blockchain Technologies Are Changing The Music Streaming Industry
Switching to Web 3.0 to avoid FOMO in the future.
