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Interactive Brokers Hong Kong receives license to trade virtual assets

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In a post made Nov. 23 on LinkedIn, David Friedland, the Managing Director of the Asia Pacific region for Interactive Brokers, shares an early announcement of a Hong Kong license approval. The license is said to allow retail clients to trade Bitcoin (BTC) and Ethereum (ETH). A surge in activity The recent announcement from Victory Securities coincides with a rush in crypto industry activity in Hong Kong, which has emerged as a focal point for crypto-related endeavors, attracting numerous companies seeking local licensing. David Friedland LinkedIn Post | Source: LinkedIn Notably, in August of this year, Hashkey secured the distinction of being the first crypto exchange in Hong Kong to obtain a specific license permitting the offering of crypto assets to retail investors. Friedland shares that an official announcement from the company should come available soon. You might also like: Victory Securities gains approval by Hong Kong SFC The race continues News of Inte...

Blockchain-based virtual nations: A new era of governance and inclusivity — Q&A with Jur Network and Draper Startup House

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Blockchain-based communities aim to address societal and governance needs, providing better and cheaper services and improving the decision-making process. Blockchain- based virtual nation s are an emerging concept in the digital realm that seeks to address various societal and governance needs like reduced bureaucracy, better legal systems, cheaper services, democratic decision-making and inclusivity . These virtual nation s are decentralized, blockchain- based communities that offer several potential benefits, such as digital sovereignty, transparency, and community-driven governing. In this world increasingly shaped by digital technologies, a Bitcoin-native society Draper Nation, is a new concept poised to redefine traditional notions of governance and societal structures. Underpinned by the Jur Network, a decentralized technical infrastructure, Draper Nation offers a unique model for governance and service delivery. Citizens of Draper Nation have direct ownership and influen...