Global #cryptocurrency regulations

Coinbase, the largest cryptocurrency exchange in the United States, has announced its financial results for the second quarter of 2024. The company reported $1.45 billion in total revenue, surpassing expectations but down from the $1.6 billion achieved in the previous quarter.

Hong Kong, a major financial hub, is hinting at a potential overhaul of its cryptocurrency regulations. This follows an inquiry by a Hong Kong lawmaker, raising questions about the current framework and prompting calls for a more accommodating approach.