-
ARS 1,100.60 (+0.06%) -
BTC 67,049.99 (+0.21%) -
ETH 3,120.17 (+0.58%) -
SOL 173.64 (+0.38%) -
WIF 2.61 (-7.49%) -
PEPE <0.01 (-6.04%) -
BONK <0.01 (+12.88%) -
FTM 0.90 (+6.58%) -
DOGE 0.16 (-0.65%) -
ENA 0.74 (+3.06%) -
BOME 0.01 (-1.78%) -
PEOPLE 0.04 (-5.64%) -
FLOKI <0.01 (-1.56%) -
NEAR 7.91 (-0.94%) -
LINK 16.41 (+2.12%) -
RUNE 6.75 (-0.94%) -
RSR <0.01 (+4.07%) -
ORDI 41.46 (+0.12%) -
RNDR 10.37 (+3.07%) -
XRP 0.52 (-0.29%) -
1000SATS <0.01 (+1.50%) -
AVAX 37.22 (-0.21%) -
JUP 1.24 (-4.38%) -
ICP 13.23 (+0.83%) -
WLD 4.95 (-2.31%) -
BCH 491.30 (+1.80%) -
JTO 4.43 (-3.08%) -
SUI 1.08 (+0.20%)
Hong Kong securities regulator issues in principle approval to HKVAX
Published: 2023-08-11
1. Hong Kong regulator grants in-principle approval for HKVAX cryptocurrency exchange: - The Hong Kong Securities and Futures Commission (SFC) has granted in-principle approval to HKVAX,a cryptocurrency exchange. - HKVAX aims to provide a regulated platform for trading digital assets and offer investors a trusted environment. - The SFC's approval is a significant step towards establishing a regulatory framework for cryptocurrency exchanges in Hong Kong. - This move is expected to enhance investor protection,prevent money laundering,and promote market integrity in the crypto industry.
2. Hong Kong's growing cryptocurrency market: - Hong Kong has been witnessing significant growth in its cryptocurrency market,with rising interest from both retail and institutional investors. - The approval of HKVAX reflects the government's willingness to embrace digital assets and promote innovation in the financial sector. - The cryptocurrency market in Hong Kong is expected to attract more players,resulting in increased competition and improved services for investors. - The regulatory approval of HKVAX could pave the way for more cryptocurrency exchanges to enter the Hong Kong market.
3. Potential challenges and implications for the cryptocurrency industry: - While the approval of HKVAX is a positive development for the cryptocurrency industry,challenges and implications may arise. - One key challenge for HKVAX and other exchanges in Hong Kong is to ensure compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. - The SFC's approval sets a precedent for regulatory oversight in the cryptocurrency space,which may encourage other jurisdictions to establish similar frameworks. - The success of HKVAX and other regulated exchanges will be closely watched as it could influence regulatory decisions in other markets.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,100.60 | 1,045,704,546.80 |
| 2 | BTC |
67,049.99 | 927,826,089.11 |
| 3 | ETH |
3,120.17 | 533,302,935.92 |
| 4 | SOL |
173.64 | 441,312,355.49 |
| 5 | WIF |
2.61 | 237,296,945.53 |
| 6 | PEPE |
<0.01 | 216,349,983.45 |
| 7 | BONK |
<0.01 | 117,421,510.05 |
| 8 | FTM |
0.90 | 111,804,788.58 |
| 9 | DOGE |
0.16 | 101,664,093.34 |
| 10 | ENA |
0.74 | 94,768,561.02 |
| 11 | BOME |
0.01 | 86,445,328.18 |
| 12 | PEOPLE |
0.04 | 56,241,924.88 |
| 13 | FLOKI |
<0.01 | 53,351,523.97 |
| 14 | NEAR |
7.91 | 52,930,599.78 |
| 15 | LINK |
16.41 | 52,779,457.57 |
| 16 | RUNE |
6.75 | 52,407,451.85 |
| 17 | RSR |
<0.01 | 49,158,030.94 |
| 18 | ORDI |
41.46 | 46,580,524.44 |
| 19 | RNDR |
10.37 | 46,244,209.58 |
| 20 | XRP |
0.52 | 45,814,737.84 |
| 21 | 1000SATS |
<0.01 | 41,811,650.53 |
| 22 | AVAX |
37.22 | 40,746,207.71 |
| 23 | JUP |
1.24 | 40,044,826.60 |
| 24 | ICP |
13.23 | 38,744,059.10 |
| 25 | WLD |
4.95 | 38,073,930.16 |
| 26 | BCH |
491.30 | 38,045,189.18 |
| 27 | JTO |
4.43 | 36,169,492.27 |
| 28 | SUI |
1.08 | 29,852,029.40 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | BONK |
<0.01 | +12.88 |
| 2 |  FOR |
0.02 | +11.95 |
| 3 |  POND |
0.02 | +8.43 |
| 4 |  COTI |
0.14 | +8.11 |
| 5 |  UNFI |
4.03 | +6.98 |
| 6 |  ACH |
0.03 | +6.66 |
| 7 | FTM |
0.90 | +6.58 |
| 8 |  XEC |
<0.01 | +6.22 |
| 9 |  UNI |
7.95 | +5.77 |
| 10 |  SSV |
43.67 | +5.18 |
| 11 |  VIC |
0.45 | +5.11 |
| 12 |  QI |
0.02 | +4.77 |
| 13 | RSR |
<0.01 | +4.07 |
| 14 |  BEAMX |
0.03 | +3.80 |
| 15 |  EPX |
<0.01 | +3.32 |
| 16 |  KSM |
30.86 | +3.14 |
| 17 | RNDR |
10.37 | +3.07 |
| 18 | ENA |
0.74 | +3.06 |
| 19 |  WNXM |
68.40 | +2.92 |
| 20 |  CFX |
0.23 | +2.72 |
| 21 |  ID |
0.77 | +2.67 |
| 22 |  DUSK |
0.36 | +2.63 |
| 23 |  JUV |
2.54 | +2.38 |
| 24 |  ACM |
2.34 | +2.36 |
| 25 |  LAZIO |
2.81 | +2.26 |
| 26 |  REN |
0.06 | +2.17 |
| 27 |  IQ |
0.01 | +2.14 |
| 28 | LINK |
16.41 | +2.12 |
| 29 |  GMX |
30.52 | +2.04 |
| 30 |  BETA |
0.07 | +1.97 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  BLZ |
0.32 | -11.94 |
| 2 | WIF |
2.61 | -7.49 |
| 3 |  MLN |
20.72 | -6.50 |
| 4 |  BICO |
0.53 | -6.28 |
| 5 |  TNSR |
0.89 | -6.06 |
| 6 | PEPE |
<0.01 | -6.04 |
| 7 |  LSK |
1.88 | -5.87 |
| 8 |  BNX |
1.00 | -5.70 |
| 9 | PEOPLE |
0.04 | -5.64 |
| 10 |  CHR |
0.34 | -5.57 |
| 11 |  PYTH |
0.43 | -5.46 |
| 12 |  LOOM |
0.09 | -5.17 |
| 13 |  MANTA |
1.57 | -5.07 |
| 14 | ![Quickswap [OLD] title=](https://titdoi.com/coins-images-mini/QUICK-quick.webp){kind=small} QUICK |
0.06 | -5.05 |
| 15 |  DYM |
2.69 | -4.91 |
| 16 |  FUN |
<0.01 | -4.79 |
| 17 |  WRX |
0.21 | -4.62 |
| 18 |  UTK |
0.08 | -4.43 |
| 19 |  LEVER |
<0.01 | -4.22 |
| 20 |  PORTO |
2.41 | -3.83 |
| 21 |  VGX |
0.08 | -3.62 |
| 22 |  XVG |
<0.01 | -3.61 |
| 23 |  ETHFI |
3.40 | -3.49 |
| 24 |  HIGH |
4.40 | -3.44 |
| 25 |  SYN |
0.80 | -3.40 |
| 26 |  AXL |
1.02 | -3.34 |
| 27 |  LDO |
1.74 | -3.34 |
| 28 |  TFUEL |
0.11 | -3.33 |
| 29 |  OCEAN |
0.96 | -3.29 |
| 30 |  AGIX |
0.96 | -3.24 |
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