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Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says


Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms....

Best Crypto to Buy Now 9 May – Bitget Token, Lido DAO, Bitcoin Cash


The crypto market took a significant hit on Monday, with a net outflow of approximately $29.45 billion, shrinking the total crypto market cap to $1.111 trillion.  Ethereum and Bitcoin, the two leading cryptocurrencies, were not immune to this downturn, with their market caps falling to $222...

Previewing Congress's Joint Crypto Regulation Hearing


Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.S. Securities and Exchange Commission instead mostly saw questions on crypto...

President Joe Biden Critiques “Wealthy Crypto Investors” on Twitter


US President Joe Biden critiqued “wealthy crypto investors” in a tweet on Tuesday discussing what “MAGA House Republicans” want to cut in the federal budget. “We think Congress should cut tax loopholes that help wealthy crypto investors ($18 billion),” President Biden said. “MAGA Republicans think...

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