Hong Kong Strengthens Crypto Regulation: An Overview of Recent Changes

The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have jointly issued a significant circular aimed at providing clarity on the rules governing companies offering services related to virtual assets. The circular specifically addresses the classification…

EFTA(Electronic Fund Transfer Act) Application By US: Bringing Revolution to the Crypto World

EFTA Bringing Regulatory Evolution In a potentially game-changing perspective, SDNY Judge Denise Cote suggests that cryptocurrencies might be best understood within the “funds” category. This reinterpretation could encompass cryptocurrency platforms under the protective umbrella of the EFTA (Electronic Fund Transfer…