Law Commission of England and Wales releases draft legislation to classify cryptocurrencies as property
The Law Commission responsible for reviewing and proposing amendments to the laws of England and Wales has issued a consultation on a legislative proposal to classify cryptocurrencies as property. The independent statutory body's report on digital assets last year showed that cryptographic tokens and non-fungible tokens can attract property rights. Responses are required by March 22.
Reuters: Honduran regulators ban institutions from trading cryptocurrencies
The National Bank and Securities Commission regulatory agency in Honduras stated in a resolution that due to the risk of fraud and money laundering, the country's financial system is banned from trading cryptocurrencies and similar virtual assets. The commission stated that the resolution, dated Monday, was made public on Friday with immediate effect. The resolution prohibits its regulated institutions from "holding, investing or trading in cryptocurrencies, crypto assets, virtual currencies, tokens or any similar virtual assets that have not been issued or authorized by the central bank."
Hong Kong Independent Commission Against Corruption: Currently, crimes involving new technologies such as virtual currencies are not mainstream in Hong Kong
Hong Kong Independent Commission Against Corruption Commissioner Simon Peh Yun-lu expressed concern about whether new technologies such as artificial intelligence, blockchain or virtual currency will be used for criminal activities. He said that these cases are not yet mainstream in Hong Kong, but will refer to the experience of other countries or regions to deal with them.
The U.S. House of Representatives will hold a hearing on February 16 to discuss the role of cryptocurrencies in crime and illicit finance.
According to a publicly available schedule, the US House of Representatives Financial Services Committee on Digital Assets will hold a hearing at 2:00 pm Eastern Time on February 15 (3:00 am Beijing Time on February 16) to discuss the role of cryptocurrencies in crime and illegal finance.
The total market value of cryptocurrencies reaches US$1.72 trillion, and BTC’s market share rises to 48.8%
According to CoinGecko data, the total market value of cryptocurrencies has reached 1.72 trillion US dollars, with a 24-hour decline of 1.3%. In addition, BTC's market share has risen to 48.8%, while ETH's market share is 16.1%.
The total market value of cryptocurrencies rebounded to US$1.67 trillion, and BTC’s market share rose to 48.3%
According to CoinGecko data, the total market value of cryptocurrencies has reached $1.67 trillion, with a 24-hour increase of 2.1%. In addition, BTC's market share has risen to 48.3%, while ETH's market share is 16.2%.
The total crypto market value fell to $1.68 trillion, a 24-hour drop of 2.7%
The total market value of cryptocurrencies has fallen to $1.68 trillion, currently reported at $1,675,429,653,789 with a 24-hour drop of 2.7%.
The total market value of cryptocurrencies is approximately US$1.71 trillion, and BTC’s market share is 47.3%
According to CoinGecko data, the total market value of cryptocurrencies has reached $1.71 trillion with a 24-hour decrease of 2%. Additionally, BTC's market dominance has decreased to 47.3%, while ETH's market dominance is 17.4%.
The total market value of cryptocurrency exceeded US$1.762 trillion, and BTC’s market share rose to 50%
According to CoinGecko data, the total market value of cryptocurrencies has reached 1.762 trillion US dollars, with a 24-hour decline of 1.6%. In addition, BTC's market share has risen to 50%, while ETH's market share is 16.3%.
Ukraine’s Ministry of Digital Development does not recognize cryptocurrencies as a means of payment
Alexander Bornyakov, Deputy Minister of Digital Transformation of Ukraine, stated that the Ministry of Digital Development of Ukraine does not recognize cryptocurrencies as a means of payment and will not pose a threat to the traditional economy.
