China’s Central Bank Highlights Hong Kong’s Crypto Licensing in 2024 Report

The People’s Bank of China has highlighted Hong Kong’s proactive crypto licensing approach in its 2024 Financial Stability Report, emphasizing its dual-license system and the importance of regulatory measures for integrating digital assets into the financial landscape.
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Vietnamese Police Bust $1M Crypto Scam, Safeguard 300 Victims

Vietnamese police have dismantled a $1.17 million crypto scam orchestrated by Million Smiles, preventing 300 potential victims from being defrauded through the promotion of a fictitious cryptocurrency, QFS, linked to ancestral treasures.
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