On February 11, think tank the Official Monetary and Financial Institutions Group Forum (OMFIF) and security technology firm Giesecke + Devrient Currency Technology released a survey of 34 central banks, finding that those with plans to introduce CBDCs are still moving forward with their plans, while about 31% of central banks have delayed implementing CBDCs. The report said the main reasons for the delay included "concerns about regulatory and governance frameworks" and unforeseen "economic cha...
Wu Jiezhuang, chairperson of the committee of the Hong Kong Legislative Council, Web3 and Virtual Asset Development Forum, said that Hong Kong's virtual asset trading platform license requirements are very high, and the withdrawal of the application is mainly due to the company's financial problems, business maturity, investment technology and the suitability of warehousing candidates. On how the Hong Kong virtual asset market can serve the needs of the country in the future, Wu Jiezhuang believ...
The Hong Kong Legislative Council, Web3 and Virtual Asset Development Forum Committee Chairperson Wu Jiezhuang said that the Hong Kong High Court heard the world's first lawsuit involving a decentralized autonomous organization (DAO) in August this year. At present, the United States and Abu Dhabi have relevant legal frameworks to regulate DAOs. Since DAOs have no legal subject, it is recommended that the special administrative region government can refer to the licensing system of the securitie...
Recently, someone on the dark web forum claimed to have leaked the personal data of Binance 12.80 million users, including sensitive information such as name, email, phone number, birthday and address. However, Binance said the news was misinformation. The poster, named "FireBear", said the data was leaked in August and tried to sell some or all of the information. A Binance spokesperson confirmed to Decrypt that the security team has investigated the matter and determined that no data breach oc...