PBOC Report Highlights Crypto Oversight, Hong Kong Takes the Lead with Licensing Initiatives

PBOC Report Highlights Crypto Oversight, Hong Kong Takes the Lead with Licensing Initiatives

Source: Bitcoinist The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong. Notably, while mainland China maintains its strict ban on cryptocurrency trading and mining, Hong Kong continues to diverge…

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Bitcoin SoV Thesis Gains Traction – Metrics Reveal .03 Trillion Now Held On The Network | TheSpuzz

Bitcoin SoV Thesis Gains Traction – Metrics Reveal $1.03 Trillion Now Held On The Network | TheSpuzz

Source: Bitcoinist Bitcoin continues to demonstrate resilience, holding above crucial demand levels after its recent decline from all-time highs. While the market grapples with negative sentiment and a wave of bearish predictions, BTC price action remains steady, offering hope to investors eyeing a potential recovery. Adding weight to Bitcoin’s strength, CryptoQuant CEO recently shared compelling…

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