Hong Kong Web3 Policy Timeline in 2023
In 2023, Hong Kong introduced a series of policies that are beneficial to the development of the web3 industry. Golden Finance compiled Hong Kong’s regulatory actions as follows.
![image JinseFinance](https://image.coinlive.com/24x24/cryptotwits-static/9e021fa1f8e48e84c05a9c950c3e45dd.png)
In 2023, Hong Kong introduced a series of policies that are beneficial to the development of the web3 industry. Golden Finance compiled Hong Kong’s regulatory actions as follows.
A major DOGE transfer to Robinhood by a whale hints at potential market moves, amidst a period of relative stability for the cryptocurrency.
Arbitrum's network faced significant downtime due to sequencer and feed issues amidst increased traffic, affecting the ARB token's value.
Jimmy Stewart's voice revived through AI narrates a bedtime story on Calm, blending tradition with innovation. Respeecher's ethical approach underscores the delicate balance between technological progress and respect for legacy voices.
delve into Machi Big Brother's intriguing journey from a $BLUR airdrop critic to a $APE believer. Uncover the strategic brilliance behind his 6.08M $APE ($13M) investment, with a detailed analysis of the average buying price at ~$2.13. Explore the enigma surrounding his silence since November 14, as we decode the mysteries of Machi's crypto moves in this dynamic and ever-evolving landscape.
Web3 role-playing adventure game Big Time is gearing up for its official launch in early October after completing a year-long testing phase. The game, created by a team that includes the former CEO of Ethereum-based virtual world Decentraland, aims to provide a free-to-play experience without pay-to-win mechanics. Big Time introduces a "player-owned economy," allowing gamers to craft, trade, or loot digital wearables and collectibles in the form of non-fungible tokens (NFTs) driven by a native Big Time cryptocurrency. With a strong community and a focus on skill-based rewards, Big Time aims to avoid pitfalls seen in other crypto-centric games, such as Decentraland and Axie Infinity. The game has already garnered significant community support and engagement, making it one of the most-streamed PC web3 games on platforms like Twitch.
Coinbase and OKX have recently announced they are adding Big Time (BIGTIME) to its platform. Trading value of BIGTIME token surges after the announcement was made.
Linda Yaccarino, CEO of X, unveiled the company's upcoming foray into the realm of payment features and offered insights into a diverse range of features soon to be introduced.
Just days ago, Silicon Valley Bank (SVB) was still viewed as a highly-respected player. But fast forward to the end of last week, and SVB was shuttered by regulators.
The application of big data is a new job for banks, and banks are also moving forward in exploration. With the advancement of applications, the problems existing in the application of big data in banks are becoming more and more obvious.