Hong Kong
Telegram Says It Is Compliant With EU Laws; India’s CBDC Pilot Attracts 5M Users
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Telegram announced in a statement that the messaging platform fully complies with European Union law after the arrest of its CEO Pavel Durov. Plus, India's retail CBDC pilot, and Hong Kong's regulator speaks up on crypto exchanges seeking full licenses in the region.

Hong Kong Regulator Finds 'Unsatisfactory Practices' at Some Crypto Entities Seeking Full License: Report
As many as 11 entities are applicants for a full license with the regulator.

Hong Kong's Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report
For the moment, only bitcoin and ether can be traded, while the company works on "expanding our crypto offerings in the near future."

Standard Chartered, Animoca, and Three Others Join HKMA's Stablecoin Sandbox as Participants
On Wednesday, Hong Kong's central bank also said that it planned to present a bill on fiat-referenced stablecoins to the Legislative Council later this year.

What Wall Street's Pivot to Small-Cap Stocks Means for Crypto; Hong Kong Plans for Stablecoin Legislation
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, including insights from Marex Solutions on whether Wall Street’s pivot to shares in small-cap companies could fuel gains in the crypto market. Plus, the launch of spot ether ETFs in the US, and Hong Kong's plans for stablecoin legislation.

Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends
Hong Kong authorities plan to introduce a bill into the Legislative Council before year-end.

Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms
Hong Kong's push to be seen as a major crypto hub could come under scrutiny if several or some of the 18 applicants for a license don't move past this important deadline.

Crypto Exchange OKX Withdraws Hong Kong License Application
The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month.

Worldcoin Operations Violate Privacy and Should Cease, Hong Kong Regulator Says
Privacy Commissioner for Personal Data personnel visited 10 of the project's locations in December and January.

Fantom Token Jumps; Dolce & Gabbana Sued for NFT Deliveries
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Fantom blockchain's FTM token rose 13% in the past week, outperforming the broad market CoinDesk 20 Index. Plus, Hong Kong is expanding the cross-border digital yuan pilot. And, a customer sued Dolce & Gabbana USA for its NFT deliveries, according to a report from Bloomberg.
