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Hong Kong’s government issued $100 million in tokenized green bonds on Feb. 16, 2023, under its Green Bond Programme. Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), has begun subsidizing some of the costs of issuing tokenized bonds to encourage tokenization in its capital markets. According to a Nov. 28 statement and accompanying guidelines, the HKMA’s Digital Bond Grant Scheme (DBGS)...
The decision answers the controversial debate over whether the crypto-mixing service, which anonymizes transactions, can be banned for its use by criminals. What to know: A U.S. federal appeals court has delivered a major legal victory to the crypto sector by throwing out the U.S. Treasury Department's earlier effort to directly sanction crypto mixing service Tornado Cash. The court found...
BTC's order book shows that bulls have surprisingly scaled back their firepower, leaving the sell side in a more dominant position. What to know: BTC's order book shows executed bullish flow isn't being replenished, leaving sellers in a more dominant position, according to data tracked by FalconX. The overall market depth has weakened amid the price rally. Yes, you...
Bitcoin Nears $100K, With Crypto Market Cap at Record $3.4T. Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January. (Hans Eiskonen/Unsplash) Bitcoin (BTC) is close to reaching $100,000, with prices hovering just over $99,000 after a recent...
A former SEC attorney who now represents blockchain companies, Goody Guillén would be "an instant change maker," said one token project founder. Donald Trump at BTC 2024 (Danny Nelson/CoinDesk) The Trump transition team is considering Teresa Goody Guillén, partner at law firm BakerHostetler and co-lead of its blockchain team, among several candidates to become the next SEC chair, industry...
The industry is hopeful, but the only crypto-ish thing he's done since the election is sell shirts with the DOGE dog. Donald Trump at Bitcoin 2024 in Nashville (Danny Nelson/CoinDesk) Donald Trump and the Republican Party at large had a strong 2024 election, winning the presidency, Senate and House. This almost certainly guarantees crypto legislation will advance and become...
“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast. Jumping. (Denny Luan/Unsplash) Bitcoin fell to $88,000 from a peak of $93,000 leading to $120 million in liquidations. The market is now pricing in a 66% chance of a...
Crypto prices continue melting upwards since Donald Trump's election victory as investors reprice digital assets in anticipation of a friendlier government. Bitcoin blasts to $90K (David Mark/Pixabay) Bitcoin briefly hit $90,100 on Coinbase before quickly succumbing to sell pressure. The wild swing in crypto prices liquidated over $900 million of leveraged derivatives trading positions across all digital assets, CoinGlass...
Bitcoin Nears $82K in Bullish Start to Week; Dogecoin Flips USDC. The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, rose 4.5% in the past 24 hours. Bitcoin surpassed the $81,000 mark, driven by a continuous rally, high trading volumes over the weekend, and bullish futures market activity, with traders betting on further...
Trump's biggest gift to crypto would be the passing of a Bitcoin Act: CoinShares. (Fox News/Modified by CoinDesk) Passing the Bitcoin Act would be a massive tailwind for the industry, the report said. CoinShares said the bill, if adopted, would give bitcoin a similar reserve status as gold. The passage of such legislation would lead to significant governmental and...