South Korea to Ease Crypto Regulations After Elections
After the upcoming April elections in South Korea, the newly formed government may ease regulations on digital assets.
Digital Assets Brokerage Firm FalconX Expands into Hong Kong
FalconX, a prime brokerage platform for digital assets, is expanding into Hong Kong in response to the growing institutional demand for crypto assets in the region.
Crypto Hedge Fund Tyr Capital Accused of Mismanagement
A Swiss investor in the crypto hedge fund, Tyr Capital, accused the firm of mismanagement.
Cryptos’ Market Cap Near $2T
Bitcoin has seen a 22% increase since the start of 2024. On February 15, its price hit $52,000 and the overall cryptocurrency market capitalization reached $2 trillion.
Japan’s Watchdog Wants a Strict Control Over Crypto Transfers
The Financial Services Agency of Japan is urging financial institutions in the country to increase their vigilance in monitoring potential illegal transfers to crypto exchange providers.
Crypto Investors’ Average Profit in 2023 Exceeded $800
In 2023, the average gain for individuals who hold digital assets was $887.6, whereas the previous year saw an average loss of $7,102.
