Hong Kong’s HashKey will unify its crypto exchange branches, with users from its Hong Kong, Global, Singapore and Middle East regions using the same platform. Hong Kong digital asset services business HashKey Holdings has merged its HashKey Exchange and HashKey Global exchanges into a single platform and application. Core jurisdictional hubs including Hong Kong, Singapore, the Middle East (Dubai) and Bermuda have been merged under a single platform, according to a Monday announcement. The move represents a departure from the early stages of the virtual asset industry when licensed exchanges typically operated under regional siloed models to simplify compliance. HashKey said. The transition follows a principle of “unified entry, localized compliance” where all users download the same application while the platform manages compliance across their specific legislative domain — across the Hong Kong, Global, Singapore, or Middle East regions. Read more
Bitcoin traders prepared to navigate a slew of volatility catalysts as US inflation data and US-Iran war triggers keep risk-assets in an unpredictable state. Bitcoin (BTC) heads into the end of July juggling volatility catalysts as the Federal Reserve reacts to US inflation. Key points: Attention turns once more to the US Federal Reserve this week, with the Federal Open Market Committee (FOMC), chaired by Kevin Warsh, set to announce its latest interest rate decision on Wednesday, July 29. Read more
Binance’s Android app is unavailable on Google Play in some EU markets amid scrutiny over MiCA compliance. The Binance app has become unavailable on the Google Play Store in certain European Union countries amid questions over the exchange’s compliance with the bloc’s crypto licensing framework. A user in Spain confirmed to Cointelegraph on Monday that the Binance app was no longer visible in Google Play searches, although it remained available through Oppo’s App Market, an Android app store used on Oppo devices. In contrast, checks in Poland showed the Binance app remained available on Google Play, indicating the issue does not affect all EU markets. Read more
IBM’s blockchain portfolio includes more than 680 patent families and nearly 1,000 issued patents worldwide, with a particular focus in supply chain applications. Circle will acquire IBM’s blockchain patent portfolio, the USDC (USDC) issuer said on Monday. No financial details for the transaction were disclosed in Circle’s announcement. CRCL stock price was up more than 2% in premarket activity on Monday following the announcement, according to Yahoo Finance data. The portfolio comprises more than 680 patent families and nearly 1,000 issued patents worldwide. Circle said the acquisition positions it as the leader in blockchain patent holdings in the United States, with an intellectual property position that directly supports the fintech’s foundation for building the internet financial system. Read more