Ownership of crypto isn’t illegal under Chinese law, explains Bizantine Capital’s March Zheng, but regulators have their eyes on exchanges.
In an interview with SCMP, Zhao said that Binance is working hard to become more regulatory friendly and that includes creating what regulators flag the most — a centralized headquarters.
DBS’s goal is to get 1,000 clients trading on the exchange by the end of the year
Hong Kong patches on existing securities laws to digital assets infrastructure while Singapore is building something new from the ground up, explains Hex Trust CEO Alessio Quaglini
Binance.com ends up on Singapore’s investor alert list, but this is a separate entity from Binance.sg which is run by a different corporation
Binance registered a new company and made a key regulatory hire in the city state, but the timeline for departure is unclear.
DBS launched Southeast Asia’s first institutional-run digital assets exchange late last year
EIP-1559 adds a form of ‘rent control’ for Ethereum gas fees, and lessons the control miners have as network stakeholders
China was added to the list of unlawful jurisdictions for its derivatives trading service, but its users can still access the exchange platform and spot trade, according to the updated fine print on June 26.