Global #cryptocurrency

The cryptocurrency landscape in Hong Kong is experiencing significant shifts following the recent announcement that OKX, a leading global cryptocurrency exchange, is withdrawing its application for a Virtual Asset Service Provider (VASP) license.

While Bitcoin and Dogecoin often steal the spotlight in crypto news, Litecoin, despite being a quieter presence, remains a significant player in the industry.

The Solana blockchain has emerged as a prominent player in the cryptocurrency arena, drawing attention for its impressive throughput and low transaction fees. Many experts see it as a formidable competitor to Ethereum's dominance.

Kabosu, the Shiba Inu who became famous as the face of the "Doge" meme and the Dogecoin cryptocurrency, passed away peacefully on May 24 at the age of 17.

In a significant ruling this year, the United States Securities and Exchange Commission (SEC) has approved the introduction of spot Ether exchange-traded funds (ETFs) in the country.

The Irish branch of Ramp Network, a crypto infrastructure firm based in the UK, has successfully obtained registration as a virtual asset services provider (VASP) in Ireland, as stated in a press release on Thursday.