• Coin An Enters the Real Estate Industry BNB for the First Time Used in House Auction

    According to CCN, the cryptocurrency transaction Binance has reached a partnership with real estate auctioneer James Pratt Auctions (JPA) and will be able to use BTC and BNB (Taiwan Dollar Anping) to pay for home auctions next month.On April 8, 2019, consumers can use BTC or BNB to participate in the auction for a luxury seaside villa called 'The Jetsons' in Casuarina, New South Wales, Australia

    2023-04-29
  • Can Hong Kong retail investors buy Bitcoin? Virtual asset trading platform licensing guidelines will be unveiled next month!

    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

    2023-04-28
  • The "unbearable pain" in the coin circle? Repeating the scene before the FTX crash: The sharp decline of Coin An Coin BNB

    It has been a month since the collapse crisis of FTX, and just as many people believe that its former competitor, Coina, can "dominate" the cryptocurrency market, another crisis seems to be brewing.Data shows that, up to now, the original token BNB of Coin Security in the cryptocurrency exchange has fallen by nearly 15% in the past day and nearly 21% in the past week, the lowest level since July

    2023-04-28
  • The top 5 cryptocurrencies accumulated before the bull market

    In the past week, the encryption market has significantly slowed down, affecting the digital assets in this field. However, although such periods may disappoint investors, they also provide a unique opportunity to enter the market at low and favorable prices before the next round of gains. Therefore, here are the top 5 tokens accumulated before the next bull market.Bitcoin (BTC)Bitcoin (BTC)

    2023-04-28
  • The price forecast for Coin An Coin is that BNB will rise by 17% within a week - is it time to buy?

    For BNB, this is an important week, as it is the cryptocurrency that provides power for the Coin Security smart chain. Due to concerns about the collapse of US banks, asset classes were generally safe haven, and BNB experienced an astonishing rebound after falling to a mid-term two month low of $260 late last week

    2023-04-28
  • DOGE Price Forecast: Expectations for the Next 48 Hours

    DOE has recently fallen to 8th place on CoinMarketCap's list of the largest cryptocurrencies by market value.After a recent surge of over 25%, counterfeit coins fell by 6

    2023-04-28
  • Analyzing the Reasons for Ethereum's Recent Strong Performance

    Against the backdrop of the successful upgrades of "Shanghai" and "Capella" (Shapella), prices have broken through. The strengthening of bullish sentiment after the upgrade led to the price of Ethereum hitting a new high of $2123 for the year on April 14th

    2023-04-28
  • Ethereum Rainbow Chart has set ETH prices for the end of 2023

    After the upgrade of Shanghai and Capella (collectively known as Shapella), Ethereum (ETH) cancelled its pledge for the first time since its launch in December 2020. Its price exceeded the psychological threshold of $2000 and remained stable, allowing investors to try to measure its future trendFor this reason, some cryptocurrency traders useBlockchain Center's EthernetFang Caihong's price chart tracks the historical trend of digital assets relative to various moving averages (MAs), which may help identify certain trends and enable people to make investment decisions

    2023-04-28
  • Bitcoin Prices and Ethereum Forecasts: Can BTC and ETH Escape Weekend Depression?

    As Bitcoin and Ethereum continue to dominate the cryptocurrency market, traders and investors are closely monitoring their price trends. Over the weekend, Bitcoin and Ethereum have been trading within a narrow range, causing some concerns among traders

    2023-04-28
  • What are the favorable currencies for Ethereum's next stop - Cancun upgrade?

    Do you regret missing out on the LSD bull market before the Shanghai upgrade? Don't worry, the Cancun upgrade - an upgrade that directly benefits Layer2 (L2) tokens is coming soon.What benefits will the Cancun upgrade bring and how will it affect L2s?In short, the Cancun upgrade will increase the speed of L2 by 10-100 times and lower the cost

    2023-04-28
  • Ethereum Price Forecast: Will ETH Continue to Fall?

    The trading price of Ethereum was $1793.48 (release time), with an increase of 3

    2023-04-28
  • Bankless: Ethereum upgrade for one week - withdrawal, verification node, LSD

    Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit.Editor: Remember to follow meSource: MarsBitIt has been a week since the end of Ethereum Shanghai upgrade.After this upgrade is completed, the pledgor can withdraw funds, including 32 ETHs pledged and accumulated rewards.In the months before the upgrade, ETH doomsayers depicted terrifying scenarios, predicting that months of full withdrawals and suppressed selling pressure would be released from the beacon chain.The reality is clearly more positive: the scale and composition of queue exits are still encouraging, the number of net validators is increasing, and the development trend of the liquid collateralized derivative (LSD) market is very strong.Exit queueAttempting to remove all 32 pledged ETH users from the beacon chain is called complete exit. Exit must first queue up.Unlike partial withdrawals of cumulative pledge rewards, this type of withdrawal is not automatic and the process is more time-consuming. Under the current network restrictions, queuing to exit can only process a maximum of 1800 full withdrawal requests per day.Exit queue25.2%Kraken(23%)CEXCoinbaseLSD18.3%

    2023-04-28