Hong Kong accepts crypto license application past deadline
Hong Kong Digital Asset Xchange is the latest firm to apply for a license, having submitted its application on Aug. 27.
Hong Kong Digital Asset Xchange is the latest firm to apply for a license, having submitted its application on Aug. 27.
Blockchain data shows that the project has not sent tokens to any investors.
Some members of the crypto community believe this could trigger a domino effect, with other countries following Brazil’s lead.
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Layer 2s are a short-term success story, but the long-term picture appears less rosy.
Bitcoin’s price breakout could be delayed until October unless it manages to overcome the key $59,600 resistance.
Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain.
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Crypto narratives sometimes promise a trip to the moon, but not all rockets make it, and markets tend to have a sloppy memory, often falling…