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Posts published in “Business”

HSBC, Standard Chartered, and Bank of China Pressured by Hong Kong to Embrace Crypto Exchanges – Next Crypto Hub?

Hong Kong’s banking regulator has reportedly exerted pressure on banks including HSBC, Standard Chartered, and Bank of China to engage with crypto clients. During a meeting last month, the Hong Kong Monetary Authority (HKMA) questioned why the banks had not accepted crypto exchanges as clients, The Financial Times reported...

CoinEx Has To Refund Thousands as Part of Settlement With New York Attorney General Letitia James

Cryptocurrency firm CoinEx will have to refund thousands of New York investors more than $1.7 million and pay penalties to the state as a result of settlement with New York Attorney General Letitia James.  CoinEx is also banned from operating in the state, according to a statement on Thursday from James’ office. ...

Former SEC Chair Clayton Says ‘Vast Majority’ of Crypto Tokens are Securities – Here’s What You Need to Know

Jay Clayton – former chairman of the U.S. Securities and Exchange Commission (SEC) – expressed a view of the crypto market on Wednesday that largely mirrors that of his current successor, Gary Gensler. ... Read More: Former SEC Chair Clayton Says 'Vast Majority' of Crypto Tokens are Securities – Here's What You Need to Know...

‘If You’re Selling BTC for Something, Sell it for Gold Instead of USD’, Says Tether CTO Paolo Ardoino

In an insightful conversation with Cryptonews, Paolo Ardoino, the CTO of both Tether and Bitfinex, shed light on crucial topics relating to the crypto world. The dialogue navigated the volatile waters of inflation, the allure of gold as a tangible asset, and the growing fascination with digital gold – Bitcoin. ...

Crypto Exchange Bybit Taps into ChatGPT to Advance Trading Tools

Coinspeaker Crypto Exchange Bybit Taps into ChatGPT to Advance Trading Tools ByBit is not the only crypto trading platform recognizing the potential of AI in delivering enhanced user experiences. Other leading exchanges have also explored the integration of ChatGPT into their platforms.  Crypto Exchange Bybit Taps into ChatGPT to Advance Trading Tools...