On February 2, 2024, Hong Kong Secretary for Financial Services and the Treasury Hui Ching-yu said that the government believes that it is necessary to bring virtual currency over-the-counter exchanges (OTC) into supervision.
JinseFinanceOn February 8, 2024, the Hong Kong government launched a public consultation on the legislative proposal to establish a licensing system for virtual asset over-the-counter trading service (OTC) providers.
JinseFinanceAmong the typical cases recently jointly issued by the Supreme People's Procuratorate and the State Administration of Foreign Exchange to punish foreign exchange-related crimes, there are two cases involving OTC business in the currency circle. Below, the author will analyze the legal risks existing in the OTC business of the currency circle based on cases.
JinseFinanceHong Kong strengthens OTC crypto trading regulations amid rising interest from mainland Chinese investors. Balancing growth and risk mitigation in the evolving crypto landscape.
Huang BoNigeria's SEC approval signals a pivotal moment as NASD plc prepares to launch the N-DSP, offering new opportunities for both investors and the economic landscape. The strategic partnership with Blockstation and the focus on compliance and secure investments position this initiative as a transformative force in Nigeria's financial ecosystem.
SanyaHong Kong, ETF, USDT, Bitcoin ETF, OTC U exchange. I experience the gray area of Web3 in Hong Kong. Golden Finance, web3 is always happening in Hong Kong, and it is also happening around you and me.
JinseFinanceIn recent days, there has been a lot of news circulating on the Internet about the illegal financial activities of buying and selling virtual currencies, making friends in the currency circle panic.
JinseFinanceRegarding the behavior of OTC merchants making money from the price difference by buying and selling the stable currency USDT, can these currency exchanges be charged with an "illegal business crime"?
JinseFinance
Coinlive The StarkNet Foundation will determine how to distribute the tokens, which will not be offered via sale.
Beincrypto