Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually
Justin Sun, founder of the Tron blockchain and the man who runs the Huobi crypto exchange, is ready for that change. He said in a tweet Monday that Huobi would apply for a virtual asset service provider (VASP) license in Hong Kong under new requirements to operate that go into effect in June. If approved, the exchange would then launch Huobi Hong Kong.
Justin Sun Calls for Unified Crypto Regulation
Tron DAO (TRX) founder and Huobi Global adviser Justin Sun said regulations are beneficial for the crypto industry. and added that a globally unified rule would complement the spirit of blockchain in an exclusive interview he gave CNBC.
Crypto Evening Briefing: Justin Sun 100% Confident Huobi Will Obtain Hong Kong VASP License
Justin Sun says he is “100% confident” that Hong Kong’s Securities and Futures Commission (SFC) will grant Huobi a Virtual Asset Service Provider (VASP) license.
Justin Sun 100% Confident Huobi Will Obtain Hong Kong VASP License
Justin Sun says he is “100% confident” that Hong Kong’s Securities and Futures Commission (SFC) will grant Huobi a Virtual Asset Service Provider (VASP) license.
Crypto Morning Briefing: Coinbase To Halt Trading of Binance’s BUSD for Not Meeting Listing Standards
Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year; Huawei To Launch Metaverse and Web3 Alliance for East Asia; Tron Founder Justin Sun Becomes Top Holder Of Staked Ethereum Amid Shanghai Upgrade; DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank
Tron Founder Justin Sun Becomes Top Holder Of Staked Ethereum Amid Shanghai Upgrade
Tron founder Justin Sun has become one of the largest holders of Lido Staked ETH (stETH), as per the recent on-chain data. Justin Sun has been actively staking Ethereum on the liquid staking platform Lido Finance ahead of the most-awaited Ethereum Shanghai upgrade in March.
Lido Finance Records Highest Daily Stake Inflow of Over 150,000 ETH
Liquid staking protocol Lido Finance recorded its highest daily stake inflow on Saturday, with more than 150,000 ether (ETH) staked on the platform.
Lookonchain: Justin Sun Staked Another 10k ETH on Lido Finance
Lookonchain @lookonchain on Twitter: "Justin Sun staked 10,000 $ETH($16M) on @LidoFinance again just now.
He currently staked 200,100 $ETH ($320M).
And he received an income of 18.68 $ ETH within 24 hours, the APY is ~3.6%."
Ethereum Shanghai Upgrade: Tron Founder Justin Sun Stakes Millions in ETH on Lido
Tron founder Justin Sun has staked millions in Ethereum (ETH) on Ethereum liquid staking platform Lido Finance ahead of the most-awaited Ethereum Shanghai upgrade in March.
Huobi Plans to Move Headquarters to Hong Kong from Singapore
Justin Sun told Nikkei Asia in an interview published Monday that cryptocurrency exchange Huobi Global is seeking to relocate its Asia headquarters from Singapore to Hong Kong. Sun, an advisor to the exchange, said on Twitter on Monday that the exchange is applying for a crypto trading license in Hong Kong, and will be launching a new Hong Kong exchange to serve local institutional investors and high-net-worth individuals. (forkast)
