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When asked about Bitcoin or Ether, SFC executive Julia Leung Fung-yee did not respond but reiterated that “highly liquid” will be allowed. When the new licensing program that is scheduled to take off in June arrives, retail traders in Hong Kong will be limited to “highly-liquid” digital assets, according to the new CEO of Hong Kong's Securities and Futures Commission (SFC), Julia Leung Fung-yee. At the recent Asia Financial Forum, Leung reportedly pointed out that many digital asset platforms have thousands of products. However, the SFC executive highlighted that they are not planning to "allow retail investors to trade in all of them." Instead, the SFC will set up a criteria that allow retail traders to only trade major virtual assets. Cast your vote now! While the SFC executive did not provide more details as to which assets will be available for trading, Leung mentioned that these will be assets with "deep liquidity." When asked about Bitcoin (BTC) or Eth...

Blockchain technology may be a solution when it comes to anti-theft measures for retailers. The retail industry is one of the most important sectors of the United States economy. Unfortunately, the COVID-19 pandemic has left the trillion-dollar retail sector vulnerable to in-store theft.  Findings from the National Retail Federation’s 2022 Retail Security Survey show that retail losses from stolen goods increased to $94.5 billion in 2021, up from $90.8 billion in 2020. Some retail ers also have to lock away certain products to prevent theft , which may lead to decreased sales due to consumers’ inability to access goods. Retailers look toward blockchain to solve retail theft Given these extreme measures, many innovative retail ers have started looking toward Technology to combat retail theft . For example, Lowe’s, an American home improvement retail er, has recently implemented a proof-of-concept called Project Unlock, which uses radio frequency identification (RFID) chips, Interne...