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BNB is one of the currencies that I am very concerned about, and I have always been optimistic about its long-term development potential. As of the time of publication, the price of BNB has reached $24

Pengpai News Reporter Ye YingheWhat is a dog coin with a daily increase of over 900%? What happened?On the morning of January 28th, a cryptocurrency called "Dog Coin" emerged. According to Coinmarketcap, a cryptocurrency pricing website, the price of Dogcoin has risen sharply from $0

Coin An will be delisted from HOT/BNB, PERL/BNB, SPELL/BNB trading pairs at 11:00 on June 9, 2022On June 7th, according to sources familiar with the matter, the US Securities and Exchange Commission is investigating whether the trading platform Coin On has violated securities rules by issuing Coin On Coin (BNB) five years ago when it first started. The SEC's review conducted an in-depth investigation into the development starting point of the company and its BNB tokens

Reporter: Li Menglin Intern Reporter: Zheng Yuhang Editor: Gao HanOn June 7th, Bloomberg reported that according to insiders, the US Securities and Exchange Commission (SEC) is investigating the world's largest digital currency exchange, Coin On, which may have violated securities rules when it first sold Coin On Coin (BNB) five years ago.According to reports, BNB is currently the world's fifth largest digital token in terms of market value

The volatility of the dog coin market has been on the rise in the past few days. Leaving aside the surge that occurred in early April, the current price volatility of DOGE is at its highest level since December 2022

On the evening of May 13th, it was reported that Coin An was facing investigation by the US Department of Justice and the Internal Revenue Service. Binance has previously stated to the public that Binance

After the daily candlestick closed above $29.3k on Thursday, Bitcoin prices ensured a bullish outlook

The Hong Kong Securities Regulatory Commission will introduce a mandatory virtual asset trading platform (VASP) licensing system starting from June 1 this year, and plans to open up retail investors to invest in virtual assets. The Hong Kong Securities Regulatory Commission recently stated that it will release licensing guidelines for virtual asset trading platforms next month.After the formal implementation of the new virtual asset platform licensing system, all virtual asset exchanges operating in Hong Kong or promoting services to Hong Kong investors, regardless of whether they provide securities based token trading services, must obtain licensing from the Hong Kong Securities Regulatory Commission and be subject to its supervision.Conducting any unlicensed activities is a criminal offense.On April 26th, the Chief Executive of the Hong Kong Securities Regulatory Commission, Leung Fung yi, stated during an event that it is expected to introduce licensing guidelines for virtual asset trading platforms in May. During the previous consultation process, more than 150 feedback opinions were received.The main suggestion of consultation is to open up licensed platforms to provide services to retail investors. Zhitong Finance has learned that according to previous policies, platform operators can only provide services to professional investors with a funding threshold of up to HKD 8 million, and ensure that their customers fully understand virtual assets. In addition, licensed platforms will be included in the regulatory sandbox of the China Securities Regulatory Commission and will be subject to close and rigorous supervision for a period of time.On December 16, last year, the ETF based on Bitcoin and Ethereum futures launched by Southern Dongying Asset Management Co., Ltd. was officially listed on the Hong Kong Stock Exchange, marking Hong Kong becoming the world's first market to provide Ethereum futures ETF and the first market in Asia to provide Bitcoin futures ETF. Under the latest proposed trading platform system, retail investors can directly participate in Bitcoin and Ethereum trading on regulated platforms in the future.In fact, the licensing procedures for virtual asset transactions in Hong Kong have always been very strict. Under the existing system, only two encryption platforms are licensed - OSL (OSL DigitalSecurities Limited) and HashKey (HashBlockchain Limited).(Image source: Hong Kong Securities Regulatory Commission)According to media reports,Huo Coin, OKEXBoth parties have expressed their intention to apply for an exchange license in Hong Kong and have established an office in Hong Kong.Additionally, the Singapore basedDBS Silverthat 's okIt also stated its intention to apply for relevant licenses in Hong Kong to provide cryptocurrency services to local customers.that 's ok12 month transition period arrangementThe Hong Kong Securities and Futures Commission stated that considering that platform operators licensed under the Securities and Futures Ordinance may need to modify their systems and monitoring measures to comply with the new regulations, a transition period of 12 months has been proposed.The China Securities Regulatory Commission stated that, Anyone who engages in the business of providing virtual asset services or shows that they operate the business must apply for a license from the Securities and Futures Commission. The existing virtual asset trading platform has been provided as a licensed arrangement, so that they can continue to operate in Hong Kong after the implementation of the virtual asset service provider system under the Anti Money Laundering Ordinance. It must be within the period from June 1, 2023 to February 29, 2024, in accordance with the Anti Money Laundering Ordinance The virtual asset service provider system under is to submit fully completed license applications online. If the SFC considers that the relevant license application meets the conditions for licensing, the virtual asset trading platform will automatically be deemed to have been licensed from June 1, 2024 This passage may sound quite convoluted, but to put it bluntly, the two companies that have already been licensed need to comply with the new regulatory requirements within the prescribed transition period.As for the original virtual asset trading platform, if it has no intention of applying for a license, it should start preparing to end its business in Hong Kong in an orderly manner, with a deadline of May 31, 2024.Fierce business of virtual insurance companiesAccording to the consultation document of the Hong Kong Certificate Authority,The platform that applies for a license must insure the customer's assets.Liang Fengyi also told the media that the Hong Kong Securities Regulatory Commission is in discussions with the Insurance Regulatory AuthorityThe cost of purchasing insurance for customer assetsOther matters.OneDegree Group

On July 12th, Coin An announced that "the Coin An team will give up their BNB share and join the BNB destruction plan." Many investors understood this as a significant reduction in the circulation of Coin An Ping Taiwan Dollar BNB, and BNB prices rose in response

A few days ago, it was reported that the US Securities and Exchange Commission (SEC) launched an investigation on the native token BNB of Coin Security in the cryptocurrency exchange.According to the news, the SEC is investigating whether the sale of BNB tokens by its founder Zhao Changpeng, Binance, the world's largest cryptocurrency exchange, constitutes an unregistered securities sale during its initial token issuance (ICO) in 2017

Is the future of dog coins in danger? If the price of DOGE hovers around $0.745 per token, there will be over 30 billion tokens on the brink of losing their positions