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Asia's weekly TOP10 crypto news (Dec 18 to Dec 24)

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Author:0xMingyue Editor:Colin Wu 1. The Mainland of China’s Weekly Summary 1.1 The People’s Bank of China’s Financial Stability Report Significantly Discusses Cryptocurrencies link The People’s Bank of China has released the “China Financial Stability Report 2023,” dedicating a substantial section specifically to “Cryptocurrency Assets.” It emphasizes the principle of “same business, same risk, and same regulation,” outlining the need to regulate crypto currency assets in proportion to their risk levels. The report aims to minimize regulatory data gaps, reduce regulatory fragmentation, and eliminate regulatory arbitrage. Additionally, there is a separate section discussing the Financial Stability Board’s (FSB) approach to regulating crypto currency assets. 1.2 Regulations on the Administration of Online Games’ Requires the Use of Real-Name Digital RMB Wallets for Game Coin Transactions link The National Press and Publication Administration of China has released a draft for soliciting o...

Asia's weekly TOP10 crypto news (Jan 9 to Jan 15)

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Author:Lily Editor:Colin Wu 1. Hong Kong’s weekly summary 1.1 Paul Chan: Hong Kong becomes a foothold for quality virtual asset business matchmaking link The Hong Kong Financial Secretary stated that the Hong Kong government will soon issue tokenized green bonds for subscription by institutional investors. The government expects to provide the right proportion of regulation for the market to unlock the potential of Web 3.0. 1.2 CSOP Bitcoin Futures ETF has a total volume of ~$12M since launched link CSOP Bitcoin Futures ETF (3066.HK), as the first Bitcoin futures ETF in Asia, has been successfully listed in Hong Kong for nearly a month. Its cumulative total trading volume is about $12M, and its daily trading volume is about $630k. 1.3 Julia Leung: HK retail investors will only have access to ‘highly liquid’ products link Hong Kong’s new SFC chief executive said a consultation paper would be released this quarter detailing the products and conditions for retails to trade virtual asset...