#cryptocurrency
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Hong Kong HSBC Customers Gain Access to Crypto ETFs
HSBC Hong Kong, a part of the Hong Kong and Shanghai Banking Corporation, has launched its first cryptocurrency services. The bank is now allowing its customers to buy and sell exchange-traded funds (ETFs) based on Bitcoin and Ethereum, according to a report by local journalist Colin Wu on June 26. 
Why Are Cryptocurrency Exchanges Fleeing from Canada?
Multiple large cryptocurrency exchanges have ceased their operations in Canada, opting instead to collaborate with jurisdictions that display a friendlier attitude toward cryptocurrencies. They attribute this decision to the harsh regulatory requirements imposed by Canada. So, what are these demanding criteria? 
The IMF, in an article addressing CBDCs and cryptocurrencies in Latin America and the Caribbean, acknowledges, "While a few countries have completely banned crypto assets given their risks, this approach may not be effective in the long run."
Interestingly, the article places more emphasis on the benefits of Central Bank Digital Currencies (CBDCs) rather than cryptocurrencies, while also highlighting potential problems linked with digital assets.
Furthermore, the IMF recommends improving transparency by including cryptocurrency transactions in national data records. 
What is BORA (BORA)? A Project Overview
BORA (BORA) serves as the native token within the BORA ecosystem. It holds the 152nd position in the cryptocurrency market capitalization rankings and functions as a medium for exchange, sale, and investment into the platform's projects, among other use сases. 
Crypto Exchange Backed by Wall Street Giants Goes Live
EDX, the new non-custodial cryptocurrency exchange, backed by major Wall Street players like Citadel Securities ($7.5 billion), Fidelity Investments ($4.3 billion), and Charles Schwab Corporation ($7.5 billion), has officially gone live and is already executing orders for its clients. 
The Rise of a New Crypto Banking System
Global banking is gradually veering towards cryptocurrency. This is in many ways a compelled pivot, given the financial sector's transition from a state of denial and resentment to negotiation, ultimately leading to acceptance. Could this be the heralding of traditional finance's demise? 
One of the oldest altcoins, has doubled in price since the beginning of the the last week – from $105 to $220.
Analysts credit this remarkable growth to the backing of the altcoin by the newly launched cryptocurrency exchange, EDX Markets.
EDX is new non-custodial cryptocurrency exchange, backed by major Wall Street players like Citadel Securities, Fidelity, and Schwab, has officially gone live a week ago.
It offers popular options like Bitcoin, Ether, Litecoin, and Bitcoin Cash, while consciously avoiding the list of tokens that the SEC considers to be financial securities. 
8btc, one of the oldest and most influential cryptocurrency news platforms in China, is undergoing a strategic shift.
The platform, renowned for its coverage of Bitcoin, blockchain, and cryptocurrency-related news, has announced its decision to transition away from crypto content and fully embrace artificial intelligence (AI) and the metaverse.
Founded in 2011, 8btc has published over 1.4 million articles and posts, attracting billions of page views. It has played a vital role in providing information, communication, and investment services for blockchain startups and investors. 
Belgium’s Financial Services and Markets Authority (FSMA) has taken action against Binance, instructing the popular cryptocurrency exchange to immediately stop offering any virtual currency services in the country.
In a statement released on Friday, the FSMA emphasized that individuals and firms governed by Belgian law, but not belonging to the European Economic Area, are prohibited from offering exchange services involving virtual currencies and legal currencies, as well as custody wallet services.
Failure to comply with this order could result in criminal sanctions, as warned by the regulator. 
Sustainable Energy and Crypto: Is There a Shared Future?
The progress of renewable energy could gain a considerable boost from cryptocurrency miners' efforts. But how can we curb excessive power usage in mining while enhancing its sustainability? First, we need to understand the term "sustainable", which has broader implications especially when related to manufacturing, economics, and finance. 
Telcoin (TEL) Unveiled: An In-depth Look at the Project
Telcoin (TEL) is a native token of the Telcoin platform, a decentralized financial system granting mobile phone users a global portfolio of financial services. Currently holding the 230th position in the cryptocurrency market capitalization leaderboard, Telcoin (TEL) is primarily used for governance and reward mechanisms.