October 26, 2023 By Sharan Kaur Philloria In a recent surge, the trading volume of the Hong Kong CSOP Bitcoin Futures ETF spiked to HK$175.87 million on October 24, marking a significant upturn in capital inflows at HK$138 million.  Here’s what we know: This record-breaking activity was spotlighted by notable Chinese cryptocurrency journalist Colin Wu, […]

October 25, 2023 By Sharan Kaur Phillora In light of recent advancements within the digital asset realm, Hong Kong’s Securities and Futures Commission (SFC) has revamped its regulatory framework governing virtual asset products and platforms to bolster retail investor protection and industry transparency. These updates come as part of a larger plan to align the

October 25, 2023 By Sharan Kaur Phillora Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), recently amended its regulatory stance on spot-crypto and ETF (Exchange Traded Funds) investing, aiming to broaden retail access through intermediaries.  Here’s what we know: The revised guidelines allow more investors to engage in virtual asset trading, aligning with

October 24, 2023 By Anjali Kochhar Bitcoin the world’s most famous cryptocurrency was invented in 2008 and the transactions started in 2009. In 2009 price of one Bitcoin was $0.0009. It touched a maximum of $65000 in 2021 followed by a global crash in cryptocurrency. From its humble beginnings in 2009, when a single Bitcoin

October 24, 2023 By Anjali Kochhar Cryptocurrency is the latest fascinating field in finance that is characterized by its ever-evolving nature. While the field is transforming day by day, this dynamic change has the Asian continent at its epicenter. Any expert would confidently say that Asia is quite an influential force in the virtual currency

October 23, 2023 By Sharan Kaur Phillora Responding to the rise in technological crimes, the Singaporean prosecutor’s office has formed two specialized teams to address cryptocurrency-related crimes. This move marks a broader initiative to keep pace with the fast-evolving digital realm, where modern technologies often serve as tools for illicit activities. Here’s what we know:

October 23, 2023 By Anjali Kochhar In a surprising turn of events, blockchain gaming projects have managed to secure a whopping $2.3 billion in investments throughout the year 2023, defying the persistently bearish sentiment in the cryptocurrency market. This revelation comes courtesy of a report from DappRadar, a decentralised applications (DApp) tracking platform. The report

October 20, 2023 By Anjali Kochhar The world of cryptocurrencies is an ever-evolving field that offers new challenges as well as growth opportunities with the passage of each day. While the field demands change at each step, there is one constant that drives it: the need for regulatory oversight and risk management. So, it is

October 20, 2023 By Sharan Kaur Phillora In a surprising turn of events, data from Crypto Fund Research (CFR) indicates that investors withdrew over $160 million from cryptocurrency hedge funds in the third quarter of 2023, even as these funds surpassed Bitcoin’s performance by nearly 6%.  Here’s what we know:  Notably, the crypto hedge funds experienced

October 19, 2023 By Sharan Kaur Phillora In a unique cross-border collaboration, London-based financial crime investigation firm Intelligent Sanctuary (iSanctuary) has partnered with several cryptocurrency exchanges in Singapore to crack down on a money laundering case involving an estimated US$3 million of stolen digital assets.  Here’s what we know: The case, which sprawls across multiple nations,