Hong Kong’s National Security Law Could Threaten Local Crypto Brokerages
The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy.
The Chinese police appear to have intensified their crackdown on crypto exchanges’ OTC trading services in the last year.
On-chain data says that institutions have not stopped buying bitcoin.
A scuttled deal between Sam Bankman-Fried’s Alameda Research and DeFi upstart Reef Finance offers an inside look at the wild world of OTC trading.
Hong Kong-based crypto exchange CEO Global said Saturday one of its founders has been taken away by the authorities.
XRP sales had slumped ever since Ripple paused programmatic sales during Q3 2019.