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No civil protection for crypto in China, $300K to list coins in Hong Kong? Asia Express By Cointelegraph

by Index Investing News
November 16, 2023
in Cryptocurrency
Reading Time: 1 min read
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No civil protection for crypto in China, $300K to list coins in Hong Kong? Asia Express

Our weekly roundup of news from East Asia curates the industrys most important developments.

Hashkey Exchange one of the first regulated crypto exchanges in Hong Kong has announced insurance coverage for clients assets stored in its hot and cold wallets. accounts. The policy will cover 50% of Hashkey’s digital assets in cold wallets and 100% of digital assets in hot wallets and pay out anywhere between $50 million to $400 million in the event of a claim.

Hong Kong cityscape (Pexels)
Hashkey’s crypto insurance partnership with OneDegree. (Hashkey)
The Philippines looks like leaping directly from cash to a digital currency future.

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Tags: 300kAsiaChinacivilCoinsCointelegraphCryptoExpressHongKongListprotection
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