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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Hong Kong's VSFG Set to Pioneer Spot Bitcoin ETF in Q1 2024

Hong Kong's VSFG is set to launch a spot Bitcoin ETF in Q1 2024, aiming for $500 million in assets. This aligns with Hong Kong's regulatory shift towards cryptocurrency and its ambition to become a digital asset hub.

by Luisa Crawford
Jan 22, 2024

CRYPTOCURRENCY

Hong Kong's VSFG Set to Pioneer Spot Bitcoin ETF in Q1 2024

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