-
ARS 1,207.70 (-0.69%) -
BTC 68,457.57 (-1.46%) -
ETH 3,841.00 (-1.13%) -
PEPE <0.01 (-3.14%) -
SOL 170.13 (+0.40%) -
WIF 3.68 (+12.22%) -
FLOKI <0.01 (+7.98%) -
BONK <0.01 (+7.65%) -
BOME 0.01 (+4.43%) -
PEOPLE 0.09 (+15.07%) -
DOGE 0.16 (-1.48%) -
XRP 0.53 (-1.27%) -
TIA 11.55 (+19.81%) -
LINK 18.58 (-0.94%) -
NEAR 7.70 (-1.21%) -
ENA 0.90 (-1.75%) -
ENS 26.21 (+4.67%) -
ETHFI 4.76 (-4.46%) -
RUNE 6.80 (-1.79%) -
AVAX 37.21 (-2.69%) -
TNSR 1.14 (+2.67%) -
CHZ 0.15 (+13.00%) -
HIGH 6.54 (+10.31%) -
WLD 4.65 (-4.27%) -
OP 2.54 (-1.63%) -
FTM 0.82 (-0.64%) -
JTO 3.79 (+6.14%) -
ORDI 41.33 (+0.46%)
Bybit seeks VATP license in Hong Kong for crypto expansion
Published: 2024-02-01
Main topics in the article:
1. Bybit applies for VASP license in Hong Kong
2. The expansion of the crypto industry in Hong Kong
3. Potential benefits and challenges of the VASP license for Bybit
1. Bybit applies for VASP license in Hong Kong: Bybit,a leading cryptocurrency exchange,has recently applied for a Virtual Asset Service Provider (VASP) license in Hong Kong. This license is part of ongoing efforts by Bybit to comply with regulatory requirements and enhance its credibility in the crypto industry. By obtaining the VASP license,Bybit aims to demonstrate its commitment to promoting transparency,security,and compliance among cryptocurrency exchanges operating in Hong Kong.
2. The expansion of the crypto industry in Hong Kong: The application for the VASP license by Bybit reflects the growing interest and potential for expansion of the crypto industry in Hong Kong. Cryptocurrency exchanges are recognizing the untapped potential and benefits of operating in Hong Kong,known for its strong financial infrastructure and strategic location in Asia. The expansion of the crypto industry in Hong Kong is expected to bring more opportunities and attract new players,contributing to the overall development and maturation of the digital asset ecosystem in the region.
3. Potential benefits and challenges of the VASP license for Bybit: The VASP license holds several potential benefits for Bybit. Firstly,it will enhance the trust and confidence of customers by ensuring that Bybit operates within a regulatory framework and implements necessary measures to protect user funds and personal information. Secondly,compliance with the VASP license will help Bybit establish partnerships with traditional financial institutions,expanding its reach and providing users with seamless access to banking services. However,obtaining the license also poses certain challenges,such as increased reporting and compliance obligations,which might require significant investments in resources and expertise. In summary,Bybit's application for a VASP license in Hong Kong reflects the expansion of the crypto industry in the region. The license not only enhances Bybit's credibility but also brings potential benefits in terms of user trust,partnerships,and market growth. However,it is important for Bybit to navigate the challenges associated with compliance obligations to successfully obtain and maintain the VASP license.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,207.70 | 2,408,530,306.40 |
| 2 | BTC |
68,457.57 | 2,250,730,750.61 |
| 3 | ETH |
3,841.00 | 1,572,382,991.86 |
| 4 | PEPE |
<0.01 | 821,235,007.85 |
| 5 | SOL |
170.13 | 654,840,821.03 |
| 6 | WIF |
3.68 | 440,899,587.91 |
| 7 | FLOKI |
<0.01 | 345,506,534.50 |
| 8 | BONK |
<0.01 | 284,803,626.10 |
| 9 | BOME |
0.01 | 261,450,769.96 |
| 10 | PEOPLE |
0.09 | 235,151,325.81 |
| 11 | DOGE |
0.16 | 205,449,413.72 |
| 12 | XRP |
0.53 | 150,146,627.74 |
| 13 | TIA |
11.55 | 130,604,019.99 |
| 14 | LINK |
18.58 | 111,970,214.59 |
| 15 | NEAR |
7.70 | 110,938,469.37 |
| 16 | ENA |
0.90 | 96,060,311.32 |
| 17 | ENS |
26.21 | 94,149,758.95 |
| 18 | ETHFI |
4.76 | 93,467,663.49 |
| 19 | RUNE |
6.80 | 80,617,243.14 |
| 20 | AVAX |
37.21 | 73,161,878.26 |
| 21 | TNSR |
1.14 | 68,778,678.22 |
| 22 | CHZ |
0.15 | 66,771,504.23 |
| 23 | HIGH |
6.54 | 66,554,533.63 |
| 24 | WLD |
4.65 | 64,790,694.87 |
| 25 | OP |
2.54 | 61,508,419.31 |
| 26 | FTM |
0.82 | 57,908,288.78 |
| 27 | JTO |
3.79 | 57,456,547.10 |
| 28 | ORDI |
41.33 | 55,030,947.03 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 |  KEY |
0.01 | +39.13 |
| 2 | TIA |
11.55 | +19.81 |
| 3 | PEOPLE |
0.09 | +15.07 |
| 4 | CHZ |
0.15 | +13.00 |
| 5 |  NTRN |
0.82 | +12.71 |
| 6 | WIF |
3.68 | +12.22 |
| 7 |  XVG |
<0.01 | +10.88 |
| 8 | HIGH |
6.54 | +10.31 |
| 9 |  1INCH |
0.46 | +9.33 |
| 10 |  GMX |
34.83 | +9.22 |
| 11 | FLOKI |
<0.01 | +7.98 |
| 12 | BONK |
<0.01 | +7.65 |
| 13 |  MEME |
0.03 | +6.35 |
| 14 | JTO |
3.79 | +6.14 |
| 15 |  PDA |
0.08 | +5.68 |
| 16 |  ARPA |
0.08 | +5.59 |
| 17 |  REN |
0.08 | +5.21 |
| 18 |  SANTOS |
6.97 | +5.13 |
| 19 |  NFP |
0.53 | +4.88 |
| 20 |  ONE |
0.02 | +4.87 |
| 21 | ENS |
26.21 | +4.67 |
| 22 | BOME |
0.01 | +4.43 |
| 23 |  DAR |
0.18 | +4.27 |
| 24 |  AXL |
1.00 | +4.24 |
| 25 |  LEVER |
<0.01 | +4.23 |
| 26 |  OSMO |
0.89 | +3.72 |
| 27 |  MANTA |
1.86 | +3.34 |
| 28 |  LAZIO |
2.80 | +3.17 |
| 29 |  TLM |
0.02 | +2.87 |
| 30 | TNSR |
1.14 | +2.67 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  PENDLE |
6.58 | -5.69 |
| 2 |  STX |
1.99 | -5.50 |
| 3 |  LTO |
0.21 | -5.23 |
| 4 |  LDO |
2.37 | -5.20 |
| 5 |  PERP |
1.20 | -4.93 |
| 6 |  AR |
38.03 | -4.92 |
| 7 |  BNX |
1.19 | -4.85 |
| 8 |  REZ |
0.15 | -4.60 |
| 9 |  SAGA |
2.63 | -4.48 |
| 10 | ETHFI |
4.76 | -4.46 |
| 11 |  ERN |
4.28 | -4.38 |
| 12 |  STRK |
1.25 | -4.36 |
| 13 |  HIFI |
0.84 | -4.28 |
| 14 | WLD |
4.65 | -4.27 |
| 15 |  IMX |
2.32 | -4.25 |
| 16 |  VTHO |
<0.01 | -4.12 |
| 17 |  SNX |
3.01 | -4.11 |
| 18 |  FXS |
4.49 | -4.10 |
| 19 |  WOO |
0.35 | -3.98 |
| 20 |  BCH |
469.60 | -3.97 |
| 21 |  TAO |
419.60 | -3.94 |
| 22 |  AVA |
0.69 | -3.92 |
| 23 | W | 0.59 | -3.92 |
| 24 |  SEI |
0.54 | -3.90 |
| 25 |  BEAMX |
0.03 | -3.85 |
| 26 |  MINA |
0.85 | -3.69 |
| 27 |  FLM |
0.10 | -3.68 |
| 28 |  LSK |
1.61 | -3.60 |
| 29 |  PORTAL |
0.88 | -3.51 |
| 30 |  MANA |
0.46 | -3.49 |
Bitcoin's Greed and Fear Index.
?72
Greed
Global CryptoCurrency News
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Cook Speaks | Tuesday | 28-05-2024 | 18:05 |
| 2 | FOMC Member Daly Speaks | Tuesday | 28-05-2024 | 18:05 |
| 3 | Richmond Manufacturing Index | Wednesday | 29-05-2024 | 15:00 |
| 4 | FOMC Member Williams Speaks | Wednesday | 29-05-2024 | 18:45 |
| 5 | Beige Book | Wednesday | 29-05-2024 | 19:00 |
| 6 | FOMC Member Bostic Speaks | Thursday | 30-05-2024 | 00:00 |
| 7 | Prelim GDP q/q | Thursday | 30-05-2024 | 13:30 |
| 8 | Unemployment Claims | Thursday | 30-05-2024 | 13:30 |
| 9 | Prelim GDP Price Index q/q | Thursday | 30-05-2024 | 13:30 |
| 10 | Goods Trade Balance | Thursday | 30-05-2024 | 13:30 |
| 11 | Prelim Wholesale Inventories m/m | Thursday | 30-05-2024 | 13:30 |
| 12 | Pending Home Sales m/m | Thursday | 30-05-2024 | 15:00 |
| 13 | Natural Gas Storage | Thursday | 30-05-2024 | 15:30 |
| 14 | Crude Oil Inventories | Thursday | 30-05-2024 | 16:00 |
| 15 | FOMC Member Williams Speaks | Thursday | 30-05-2024 | 17:05 |
| 16 | Core PCE Price Index m/m | Friday | 31-05-2024 | 13:30 |
| 17 | Personal Income m/m | Friday | 31-05-2024 | 13:30 |
| 18 | Personal Spending m/m | Friday | 31-05-2024 | 13:30 |
| 19 | Chicago PMI | Friday | 31-05-2024 | 14:45 |
| 20 | FOMC Member Bostic Speaks | Friday | 31-05-2024 | 23:15 |
