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Stay up to date on the latest crypto trends with our expert, in-depth coverage.

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  • 01:07
    Nasdaq Plans to Tighten Regulation on Crypto Treasury Companies: New Stock Issuance for Crypto Purchases May Require Shareholder Approval
    According to ChainCatcher, citing Crowdfund Insider, Nasdaq plans to strengthen its regulation of listed companies that purchase crypto assets through additional stock issuance to boost their share prices. In the future, some companies will be required to obtain shareholder approval before raising funds to buy crypto. As the US SEC's direct intervention in such transactions weakens, exchanges are acting as "gatekeepers" through their own listing rules, demanding increased transparency and accountability to prevent volatility and shareholder dilution risks caused by large crypto holdings.
  • 01:07
    Market News: Member companies of the Hong Kong Digital Asset Listed Companies Association are gradually launching coin accumulation plans.
    According to a report by Jinse Finance, as disclosed by Tencent's "Qianwang," many member units of the Hong Kong Digital Asset Listed Companies Association have successively launched coin-hoarding plans. Public data shows that the association has a total of 49 member units, including 9 US-listed companies, 2 Shenzhen ChiNext-listed companies, and the rest are Hong Kong-listed companies. The total market capitalization of these member units is approximately $20 billion, but Tencent News "Qianwang" has not yet learned the specific coin-hoarding plans of these companies. In addition, according to data provided by Zhang Huachen, President of the Hong Kong Digital Asset Listed Companies Association, among Hong Kong-listed companies, if only the market value of digital assets held and the market value of digital assets involved in compliant license applications and operations are counted, the total does not exceed $2 billion.
  • 00:57
    The Bank of Korea and six major banks are advancing tests for treasury cryptocurrency subsidies.
    ChainCatcher News, according to Yonhap News Agency, the Bank of Korea and six major banks (KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank, NH Nonghyup Bank, and Industrial Bank of Korea) are advancing an experiment to pay treasury subsidies in the form of cryptocurrency. This test aims to examine the feasibility of providing treasury subsidies or vouchers (government-guaranteed vouchers) to beneficiaries via cryptocurrency. With the characteristics of cryptocurrency based on blockchain and other distributed ledger technologies, the usage location and period can be pre-programmed, fundamentally preventing improper receipt and misappropriation of subsidies, and enabling accurate measurement of the subsidy’s effectiveness. The Bank of Korea and the Ministry of Economy and Finance plan to hold a briefing later this month to share the test schedule and main inspection items with participating banks. If preparations go smoothly, the test may be conducted in the first half of next year.
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