Weekly Inflows into Crypto Investment Products Hit $901M
During the week ending October 25, there was a significant increase in digital asset inflows, totaling $901 million.
During the week ending October 25, there was a significant increase in digital asset inflows, totaling $901 million.
On Tuesday, the HKEX announced the launch of the HKEX Virtual Asset Index Series in an effort to support Hong Kong’s fintech development and establish the city as a major digital assets hub in Asia.
Cryptocurrency information platform Arkham Intelligence has announced that it now supports onchain data for the Solana blockchain.
The end of year will see Hong Kong implementing a policy to extend tax incentives to family offices and private funds handling cryptocurrency investments for affluent clients.
Bitstamp has taken a step further in strengthening its position in the EU regulators by obtaining a Multilateral Trading Facility license from the Securities Market Agency in Slovenia.
During a time of increasing political and market tensions, blockchain company Consensys has addressed an open letter to the future president of the United States, urging for clear and supportive regulations regarding cryptocurrencies and Web3.
The Dutch government is seeking public feedback on proposed legislation that would require crypto service providers to collect and share user data with the local tax authority, in line with EU regulations.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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