Victory Securities, Hong Kong’s First Virtual Asset Retail Broker
As the first SFC-licensed firm in Hong Kong’s crypto industry, Victory Securities facilitates the trading of virtual assets and securities in a streamlined fashion. Victory Securities achieved a significant milestone when it obtained the first license in Hong Kong to engage in cryptocurrency trading. The Securities and Futures Commission (SFC) has authorized the venture to offer […]
EBA Suggests Tighter AML Rules Amid Binance’s DOJ Settlement
As the DOJ sanctions Binance for alleged AML violations, EBA advocates for more stringent anti-money laundering regulations that emphasize unified criteria. The European Banking Authority (EBA) has proposed guidelines for public consultation to improve anti-money laundering (AML) and combat the financing of terrorism (CFT) standards in the crypto industry. Meanwhile, these guidelines , published on November […]
Boyaa to Invest $100M in Bitcoin, Ethereum for Crypto Expansion
Boyaa Interactive declares a $100 million investment in Bitcoin and Ethereum, a strategic move to expand its operations in the crypto market. Boyaa Interactive, a well-established gaming company listed in Hong Kong, has recently implemented a substantial measure to broaden its investment portfolio. The recent company announcements indicate that a substantial $100 million will be […]
ECB Chief Calls for Crypto Compliance Laws Reform
Andrea Enria, executive director of the ECB, stated that in order for the EU to establish appropriate crypto regulation, certain current provisions for banks must be modified. Andrea Enria, chief supervisor of the European Central Bank, has identified a regulatory loophole that could safeguard banks operating in the region during their crypto adoption journeys to improve […]
Market Optimism Soars as Chainlink’s On-Chain Data Signals
With 56% of holders becoming profitable, transactions increasing, and whale accumulation, Chainlink ($LINK) demonstrates robust growth. Chainlink ($LINK) is capitalizing on the positive market sentiment by demonstrating exceptional durability and financial success. Meanwhile, a current profitability rate of 56% among $LINK holders is consistent with that of other prominent cryptocurrencies. This signifies a departure from the […]