Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia — Chainalysis
Crypto activity in East Asia fell from its perch after China began its crusade against crypto in 2019. Recent moves by Hong Kong could help reverse that trend, said the blockchain analytics firm.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto activity in East Asia fell from its perch after China began its crusade against crypto in 2019. Recent moves by Hong Kong could help reverse that trend, said the blockchain analytics firm.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Animoca Brands hosts Hong Kong Fintech Week panel on tokenized real-world assets
The convergence of traditional finance and Web3 through tokenized assets could democratize investment access and reshape financial...
HSBC plans Hong Kong AI research institute with blockchain and post-quantum focus
HSBC's new institute could bolster Hong Kong's fintech ecosystem, enhance regional AI leadership, and influence global digital ass...
Chainalysis Finds $443B MENA Crypto Economy as UAE Growth Outpaces Region
TL;DR: The United Arab Emirates was reported to have grown 32% to about $104.8 billion, while Türkiye remained larger at around $1...
Binance hack began with a $296 million XRP drain after 36-hour preparation
The Binance attacker spent at least 36 hours preparing for the $6.36 billion crypto exchange hack that began with $296 million in...
HTX Ends UK Activity as FCA Secures Court Undertakings on Crypto Promotions
TL;DR: The FCA says HTX is no longer active in the UK following a settlement over financial promotions. The agreement does not con...
Name.com restores hijacked domains after attack hit at least 12 DeFi front ends
The incident highlights vulnerabilities in DeFi's reliance on traditional internet infrastructure, urging enhanced security measur...