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

The importance of regulating digital currencies and cryptocurrencies from the People’s Bank of China (PBOC) in its recently released Financial Stability Report 2024. This reiteration is particularly notable given the contrasting approach to crypto between mainland China and Hong Kong. Notably, while mainland China maintains its strict ban on cryptocurrency trading and mining, Hong Kong…

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Crypto adoption soars in Asia as China leads coin trading

Asia dominates the global cryptocurrency market, accounting for 60% of global cryptocurrency users and contributing the largest share of global liquidity. New research from Foresight Ventures and Primitive reports these findings. Five Asian countries, including India, Indonesia and Vietnam, rank among the top 10 in the 2024 Global Crypto Adoption Index. Asia Leads Global Crypto…

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This Trillion-Dollar Artificial Intelligence (AI) Chip Stock Has Surged 110% in the Last Year. Could a Stock Split Be on the Horizon?

Shares of Taiwan Semiconductor Manufacturing have soared more than 100% in the past 12 months, putting the chip giant in rare company – the trillion-dollar club. As of January 17, there were 10 public companies in the world with valuations of at least $1 trillion. With the exception of Warren Buffett’s investment center, Berkshire Hathawayevery…

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