China News Today TheBitTimes.com

Terence Pu, Managing Director of HashKey Exchange： We are pleased to see the Hong Kong government release the forward-looking and pragmatic “A-S-P-I-Re” roadmap for advancing the virtual asset industry. This roadmap outlines five key pillars and twelve initiatives that will shape the industry’s development over the next three years. Key focus areas include enabling staking services, attracting global liquidity, exploring derivatives trading and lending, adjusting the allocation between hot and cold wallets as well as insurance coverage, and fostering cross-departmental and cross-jurisdictional regulatory collaboration in innovative areas. As Hong Kong’s largest licensed virtual asset exchange, HashKey Exchange has maintained close cooperation with regulators and transparent communication. We have been actively exploring multiple core areas that closely align with the key directions outlined in the roadmap: 1. Expansion of Products and Services: Pillar P (Products) refers to expanding p...

Data compiled by the WuBlockchain team shows: In August, the spot trading volume of major exchanges increased by 30% month-over-month. The top three exchanges with the highest growth rates were KuCoin (171%), Crypto.com (79%), and Mexc (44%). The bottom three were Gate (-44%), HTX (4%), and Upbit (17%). In August, the derivatives trading volume of major exchanges increased by 32% month-over-month. The top three exchanges with the highest growth rates were Mexc (71%), Crypto.com (70%), and Deribit (47%). The bottom three were Bybit (26%), OKX (27%), and KuCoin (27%). In August, the website traffic of major exchanges increased by 4% month-over-month. The top three with the highest growth rates were Mexc (160%), Gate (24%), and Deribit (17%). The bottom three were Bybit (-12%), Bitget (-10%), and Upbit (-9%). Note: The following data may have significant volume manipulation or bot activity. Spot and derivatives data are from Coingecko, while traffic data comes from Similarweb. Follow us T...