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The Impact of Hong Kong's Approval of Virtual Asset ETF Staking

At the Hong Kong Web3 Carnival, the SFC announced that licensed virtual asset spot ETFs can offer staking services, a significant step in the market's compliance. Staking, vital in the virtual asset ecosystem, will now let ETFs earn on - chain yield within a managed framework. This boosts ETF appeal by creating a compliant yield channel, turning them into proactive income - generating tools. It also benefits asset managers and custodians and drives infrastructure development. Hong Kong gains a strategic edge globally as the US lags in staking - ETF approvals. Read more — link : Wu Blockchain News
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The U.S. DOJ issued a memorandum announcing that it will no longer launch criminal investigations into crypto exchanges, mixing services (such as Tornado Cash), and offline wallets due to user behavior or unintentional violations, nor will it pursue legal liability for developers whose code is used by others to commit crimes. In cases involving securities or commodity trading regulations, charges may not be filed without clear subjective intent. — link : Wu Blockchain News
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Ripple acquires prime broker Hidden Road for $1.25B - Ripple : Leviathan News
Daily active addresses on Sui Network have jumped to 2.2M — link : unfolded. DeFi
Bitcoin $78,000
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Canadian Finance Minister François-Philippe Champagne announced that, effective 12:01 a.m. EDT on April 9, Canada will impose 25% tariffs on non-CUSMA-compliant U.S. vehicle imports and on non-Canadian/Mexican content in CUSMA-compliant vehicles. — link : Wu Blockchain News
FYI: 🟠 Strategy paused bitcoin buys last week and clarified that shareholders don’t own its BTC.

REMEMBER: Not your keys, not your coins. : Bitcoin
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Bitcoin $77,000
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Friendly reminder.

You can opt-out with Bitcoin. : Bitcoin
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JUST IN: 🇺🇸 Over $1.5 trillion wiped out from the US stock market today. : Watcher Guru
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