Bybit Eyes Expansion: Seeks Crypto Trading License in Hong Kong
Bybit applies for a Hong Kong license, signaling strategic expansion and intensifying competition in the burgeoning Asian cryptocurrency market.
BrianBybit applies for a Hong Kong license, signaling strategic expansion and intensifying competition in the burgeoning Asian cryptocurrency market.
BrianAs of now, the SFC has not approved any virtual asset spot ETFs, and the industry requires time for preparations.
AlexBybit Web3 Swap's launch marks a significant step in the DeFi evolution, offering users a secure and streamlined token swapping experience. Ongoing developments, including upcoming integrations, showcase Bybit's dedication to staying at the forefront of innovation.
BerniceBybit Exchange announces the listing of Magic Square's governance token, SQR, for spot trading. SQR, associated with the Web3 platform, will be tradable on Bybit's platform, with early participants standing a chance to earn free SQR tokens. Magic Square's recent public sale through DAO Maker and the backing of influential investors add to the anticipation surrounding the listing.
Xu LinThe Bitcoin Spot ETF was approved today and will be available for trading tomorrow. So, why are Bitcoin ETFs so important?
JinseFinanceTransparency regarding on-chain proof remains pivotal for the approval of spot Bitcoin ETFs. Despite the anticipation for approval, the lack of verifiable on-chain proofs from existing applicants raises skepticism. ETF issuers emphasizing genuine Bitcoin holdings may bolster trust. However, security concerns and fee competitions complicate the landscape. The SEC's expected decision by January 10 carries significant weight, although the possibility of rejection due to regulatory deliberations remains a concern.
Huang BoApplications for Bitcoin spot ETFs in the US market have entered a peak period, and the Bitcoin halving is expected to be around the end of April 2024. Therefore, whether the spot EFT is approved this time has become the focus of the industry.
JinseFinanceWall Street eyes strategic advantage with potential XRP Spot ETF, amidst a maturing cryptocurrency landscape
KikyoBybit has forged a strategic alliance with Ethena Labs, bringing forth Ethena's USDe stablecoin to the Bybit platform. USDe, a decentralised monetary solution, operates independently from traditional banking systems. It leverages delta-hedging staked Ether (ETH) for comprehensive collateral backing.
JoyByBit has joined the ranks of major crypto exchanges such as Binance to publicly provide its proof of reserves.
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