news

cardano

1 X cardano cardano =

Saturday

05 December 2020

World’s dominant crypto futures market could face regulatory shake-up

World’s dominant crypto futures market could face regulatory shake-up


smart summary beta

In a report published on Wednesday, researcher Mira Christanto said the Special Administrative Region of Hong Kong, which happens to be the dominant market for crypto futures trading, could be clamping down on unregulated exchanges as part of a broader push for more governance.

The researcher cited a recent proposal from the Hong Kong Securities and Futures Commission, or SFC, that would require all crypto businesses to fall under anti-money laundering rules.

As Messari notes, Hong Kong just so happens to be the most dominant player in the crypto futures market.

Goto Full Article

cardano cardano price

$0.16

24h

Live Average

cardano

News Article Sentiment

negative

Score (-0.1)

Article Metadata

author

site

cointelegraph.com
Market data feeds provided by cryptocompare.com
bitsmart 2020