The Environmental Impact of Cryptocurrency: Is It Worth the Cost?
In recent years, cryptocurrency has gained significant media attention, with Bitcoin serving as the global leader. But as cryptocurrencies are used more often, worries about their environmental effects are emerging. The significant amount of energy needed for crypto mining has generated debate; some claim that the advantages of cryptocurrencies outweigh the environmental costs, while others […]
Hong Kong SFC Chief Highlights Crypto Trading’s Importance in Virtual Asset Ecosystem
The CEO of Hong Kong’s Securities and Futures Commission (SFC), Julia Leung Fung-yee, emphasized the significance of cryptocurrency trading within the virtual asset ecosystem. In a recent speech, Leung expressed the city-state’s recognition of the value of crypto trading and its openness to applying related technologies to financial services. Hong Kong’s adoption of Web3 regulation […]