No civil safety for crypto in China, $300K to record cash in Hong Kong? Asia Specific

Our weekly roundup of reports from East Asia curates the industrys most vital developments.

Hashkey Change one of many first regulated crypto exchanges in Hong Kong has introduced insurance coverage protection for purchasers property saved in its cold and hot wallets. accounts. The coverage will cowl 50% of Hashkey’s digital property in chilly wallets and 100% of digital property in scorching wallets and pay out anyplace between $50 million to $400 million within the occasion of a declare.

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