Cryptocurrency

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Global bitcoin trading volume down 37 per cent

Global bitcoin trading volume down 37 per cent

Worldwide bitcoin trading volume has decreased by up to 37 per cent compared to last year. However some countries have also registered strong growth in the use of the currency, as shown by a new infographic from Block-Builders.de. In Latin America in particular, BTC is becoming increasingly important and living up to its reputation as a crisis currency.

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Hong Kong SFC issues 'approval-in-principle' for OSL virtual asset automated trading and brokerage licenses

Hong Kong SFC issues 'approval-in-principle' for OSL virtual asset automated trading and brokerage licenses

Asian digital asset platform OSL, a member of BC Technology  Group, has secured an approval-in-principle for its application to operate a virtual asset trading platform under a license for Type 1 (dealing in securities) and Type 7 (automated trading service (ATS)) regulated activities under the Securities and Futures Commission (SFC) virtual asset licensing framework in Hong Kong.