After three years of preparation, Hong Kong's Stablecoin Ordinance has officially come into effect, causing USDT, the world's largest stablecoin, to "evaporate" from the Hong Kong market overnight.
JinseFinanceVietnam’s ban on Telegram reveals a key weakness in the crypto ecosystem.
JinseFinanceWhen a currency shows the three signals of "high concentration of chips, extreme fees for derivatives, and changes in exchange rules" at the same time, the market has actually entered the countdown to the market makers' harvest.
JinseFinancePrivacy regulators in countries including Ireland, France, Belgium and the Netherlands have expressed concerns about the data collection practices of the DeepSeek app.
JinseFinanceTron founder Justin Sun purchased artist Maurizio Cattelan’s iconic work Comedian Banana for $6.2 million.
JinseFinanceThe European Parliament's approval of the ban on anonymous cryptocurrency transactions marks a significant step in the EU's efforts to combat money laundering and terrorist financing. However, concerns persist regarding the potential impact on economic freedom and privacy rights. Critics argue that the ban may not effectively address criminal activity while restricting legitimate financial transactions.
Cheng YuanDespite China's crypto crackdown, a 2023 Kyros Ventures report shows 33.3% of Chinese investors favor stablecoins, ranking second after Vietnam at 58.6%, indicating a high risk appetite. 70% state cryptocurrencies make up over half of their portfolios.
JoyThe Kazakh government has taken the measure of blocking access to Coinbase's website, citing the exchange's lack of a required operating license within the country.
CatherineRussian citizens or residents will no longer be able to access BitMEX services from the European Union after July 11, 2022.
CointelegraphThe world's largest NFT marketplace has confirmed that it blocked users under the US sanctions list.
Cointelegraph