Hong Kong rating agency HKVAC (Hong Kong Virtual Asset Consortium) has announced that it has given the green light for many altcoins.
Hong Kong rating agency HKVAC, To Bitcoin (BTC) and Ethereum (ETH) including cryptocurrencies based on Virtual asset index for 27 altcoins explained.
Among the cryptocurrencies based on Bitcoin and Ethereum announced by HKVAC; Wrapped Bitcoin (WBTC), Binance-Peg Bitcoin (BTCB), and Lido Staked Ethereum (stETH) is located.
In addition, among the altcoins in question, Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB), Polygon (MATIC), Cardano (ADA), Cosmos (ATOM), Filecoin (FIL), Near Protocol (NEAR), Algorand (ALGO), Internet Computer (ICP), Ripple (XRP), Dogecoin (DOGE), Polkadot (DOT), Wrapped TRON (WTRX), Shiba Inu (SHIB), TRON (TRX), Chainlink (LINK), UNUS SED LEO (LEO), Monero ( XMR), Stellar (XLM), OKB Coin (OKB), Lido DAO (LDO), Hedera (HBAR), VeChain (VET), Quant (QNT), Phantom (FTM) and EOS (EOS) including 27 altcoins exists.
of HKVAC Not directly supported by the Hong Kong government Member of the Hong Kong Legislative Council Johnny Ngcryptocurrency exchanges Huobi And KuCoin was supported by
In addition, among the cryptocurrencies that were given the green light, platform’s native tokens, privacy tokens, and tokens designated as securities by the U.S. Securities and Exchange Commission (SEC). was also noted.
According to the Hong Kong Securities and Futures Commission (SFC), individual investors use tokens so that investors can trade. The requirement to be included in at least two indices It is thought that such a step has been taken because
Share from Binance CEO CZ
After the announcement, Binance CEO Changpeng Zhao (CZ) in sharing found. CZ, quoting Chinese news reporter Colin Wu’s post “Hong Kong moves forward” made statements.
Thereupon, Wu Not supported by the Hong Kong government Changpeng repeated to Zhao.