Hong Kong stopped accepting license applications from cryptocurrency exchanges from February 29, and any trading platforms that do not comply will have to close their local operations by May 31, 2024.Compliance deadlineHong Kong’s Securities and Futures Commission (SFC) said cryptocurrency exchanges that fail to submit license applications by February 29 must cease operations by the end of May 31, 2024. The SFC advised investors to prepare early and migrate to licensed platforms.License StatusHong Kong’s SFC granted official licenses to two cryptocurrency trading operators: OSL Digital Securities on December 15, 2020 and HashKey Exchange on November 9, 2022. Twenty-two cryptocurrency trading…
Author: Crypto Flexs
Read More
February 29th Bitcoin Capital Series Launch: Exploring Bitcoin’s Role in Institutional Environments San Salvador, El Salvador – February 28, 2024 – Bitfinex Securities El Salvador SA de CV, a leading security token platform, is pleased to announce the launch of “Bitcoin Capital,” a groundbreaking live stream series in collaboration with Blockstream that focuses on Bitcoin’s transformative role in institutional environments. . The first episode, which aired live on February 27, 2024, featured Adam Back, CEO of Blockstream, and Paolo Ardoino, CTO of Bitfinex Securities. Both are recognized for their significant contributions to integrating cryptocurrencies within traditional financial frameworks and pioneering…
Are you looking to expand your investment portfolio and explore new opportunities in the cryptocurrency market? Meet PWR Coin, a promising cryptocurrency with enormous potential. PWR Coin is a decentralized digital currency that aims to revolutionize the way value is traded and stored. By understanding the key features and benefits of PWR Coin, you can unleash the power to grow your portfolio and achieve financial success. Key Features of PWR Coin PWR Coin offers several key features that set it apart from other cryptocurrencies on the market. Decentralized: PWR Coin is not controlled by any central authority, making it a…
Shares of Coinbase hit multi-month highs yesterday despite heavy web traffic that caused glitches on the cryptocurrency exchange as trading volumes surged.Coinbase shares rose just 1% on Wednesday, but that was enough to push it above $200 for the first time since January 2022, according to TradingView. COIN was trading at $200.80 by market close on Wednesday, up 58% over the past month. However, the stock remains down more than 40% from its all-time high of $342.98, set at the peak of the cryptocurrency bull market in November 2021. COIN/USD price chart. Image: TradingView.Coinbase is currently valued at $37.4 billion,…
Our privacy policy, Terms of Use, cookie, and Do Not Sell My Personal Information has been updated.CoinDesk is award-winning Media outlets covering the cryptocurrency industry. Journalists must: Strict editorial policy. November 2023, Acquired CoinDesk Owner of Bullish Group stress, Regulated digital asset exchange. Bullish Group is majority-owned by: Block One; both companies understanding It has various blockchain and digital asset businesses and a significant portion of digital assets, including Bitcoin. CoinDesk operates as an independent subsidiary with an editorial board to protect journalistic independence. CoinDesk offers stock options from the Bullish group as part of their compensation to all employees,…
Dogecoin is up more than 25% against the US dollar. DOGE has cleared the $0.120 resistance and may continue to rise towards the $0.132 resistance. DOGE began a strong rise after breaking the $0.0850 resistance level against the US dollar. The price is trading near the $0.120 level and above the 100 simple moving average (4-hours). On the 4-hours chart of the DOGE/USD pair, a breakout occurred above the main contraction triangle with resistance at $0.0845 (data source from Kraken). The price may extend the rally above the $0.1280 and $0.130 resistance levels. Dogecoin price rises above $0.12. In the…
Considering the burgeoning world of NFTs, it’s hard not to be amazed by the power of Ordinal and the unique properties they offer. The idea that images can be permanently stored on the Bitcoin blockchain is groundbreaking. Bitcoin’s reputation and longevity make it a safe and reliable platform for preserving digital art indefinitely. This inherent permanence and immutability is a huge attraction for many individuals in the NFT space. Beyond these fundamental aspects, there are numerous other factors contributing to the growing interest in NFTs. One such development is the rise of Bitcoin DeFi, enabled by layer 2 solutions. These…
The total number of addresses with balances on Tron has reached a new high. As demand continues, the value of TRX has risen 40% since the beginning of the year. The number of addresses on the public open source blockchain Tron (TRX) has exceeded 95 million. This marks an all-time high in the number of addresses with non-zero balances on the network, according to on-chain analytics platform IntoTheBlock. post to (formerly Twitter). Source: X According to the data provider, Tron’s address count significantly surpasses other major layer 1 (L1) blockchains such as Cardano (ADA) and Avalanche (AVAX), which boast 5…
Rain Lõhmus is the founder of LHV Group, a public finance company listed on Estonia’s Nasdaq Tallinn stock exchange. He recently joined the Bitcoin.com News podcast where he talked about his experiences with cryptocurrency ventures and banking businesses. Rain shared his own early story and how he first became interested (…) Source: Bitcoin.com Cryptocurrency Investment Risk Warning Cryptocurrency assets are highly volatile. Your capital is at risk.Don’t invest unless you are prepared to lose all your money.This is a high-risk investment and you should not expect to be protected if something goes wrong. Read full disclaimer like this:good night Loading…
closed. This question is off topic. We are currently not receiving a response. pursuit of questions Product or service review Because it tends to be off topic. It’s subjective, low quality, and leads to spam replies. On the other hand, products in the Bitcoin space are still evolving rapidly and often provide answers. It gets outdated quickly. See this meta discussion for more details. Today, Bitcoin is a competitive currency, just like other currencies (USD, GBP, etc.). Additionally, investments can be made in a variety of fields. Other currencies can be borrowed without collateral. However, cryptocurrency requires collateral. Personally, I…