The investment aims to help the Maldives diversify its economy beyond tourism and fisheries and address its debt obligations.
"Hong Kong’s 'one country, two systems' framework lets it explore digital asset innovation more freely," Ivan Ivanov told Cointelegraph.
The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai.
Hong Kong’s financial regulators are taking a measured approach to cryptocurrency regulations, responding with a constant change to market developments. Christopher Hui, the Treasury chief, recently emphasized the government’s strategy of continuously monitoring and adapting crypto-related rules to match the evolving industry. This comes amidst concerns about whether regulatory frameworks could suppress innovation or fail […]