Cryptocurrency markets are jittery to say the least. Bitcoin is hanging by a thread at an important support level, which may be the start of a new consolidation or correction phase. The largest cryptocurrency by market capitalization has once again retreated back to test its 50-day simple moving average. With...
We live in a world on edge. The United States and China are rapidly descending into a silent economic war. Russia’s continuing invasion of Ukraine has rattled markets across the globe. Economic sanctions are the new normal. At the nexus of it all, looking in from the outside, is the...
The UK is at a crossroads. No, we’re not referring to any coordinated campaign by the crypto industry itself, though that would certainly be ironic. The government’s ambition for the UK to be the global crypto-asset hub is laudable. As is often the case, the devil is in the details....
The United Kingdom is changing its regulatory stance on cryptoassets quickly. This is a big change from previous years on how the financial system is approaching these digital assets. In the UK, the Financial Conduct Authority (FCA) has been at the forefront of these reforms. It’s important for crypto investors,...
The UK’s ambition to be a global crypto hub. Laudable ambition, right? Are we really sleepwalking into such a nightmarish scenario? These rules meant to encourage innovation and ensure consumer safety may indeed be thwarting both. Are we giving up on innovation under the guise of security? Further, I worry...
The UK’s Financial Conduct Authority (FCA) is ramping up its regulatory scrutiny of the cryptoasset sector. Through a new key industries act, they are publishing a stream of consultation papers and draft legislation to increase transparency, enhance consumer protection and improve operational resilience. The FCA's recent activity signals a significant...
Morpho, a permissionless cryptocurrency lending protocol, has unveiled its V2 update, designed to bring decentralized finance (DeFi) closer to the conventions of traditional lending. The new market provision brings in tailored and consistent loan terms. This capability is a must-have for any institution or enterprise looking to develop or port...
We are now up against a lawsuit that threatens to do great damage not just to Zora and Deloitte, but to the entire crypto ecosystem. The stakes are extremely high, and everyone is feeling the pressure. Zora, the Ethereum based token platform, has recently sued Deloitte for use of the...
Hong Kong Customs has plans to work with the University of Hong Kong to develop its own cryptocurrency transaction tracer. This three-pillar initiative reflects the need to address the growing use of digital assets in money laundering operations. The move follows a string of other high-profile cases involving cryptocurrency. Thailand...
As your trusted source of crypto intelligence, BlockTraderHub.com brings you the latest news on Markets, Bitcoin, DeFi, NFTs and Regulation. Join us to continue leading the way in the blockchain universe. Today, we’re looking at Hong Kong’s recent efforts to establish stricter regulations in the cryptocurrency world. We’ll dial in...
