BitgetX joins HKVAC because it goals for trade license in Hong Kong

Based on a July 4 announcement, cryptocurrency trade BitgetX has joined the Hong Kong Digital Asset Consortium (HKVAC), which gives rankings providers and indexes to cryptocurrencies.

Launched on Could 31 with Huobi as its inaugural member, the HKVAC will produce two indexes. The Cryptocurrency Giant Market Cap Index will likely be based mostly on the 30 highest capitalized cryptocurrencies in line with a seven-day median, with different standards and quarterly rebalancing. There can even be a Cryptocurrency Threat Score Based mostly Index sooner or later. Fiona Fan, founding member of HKVAC, commented:

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