What crypto-friendly moves will Trump's team make? I'm sure everyone's first thought is "BTC Strategic Reserve Proposal"

For Web3 entrepreneurs, especially those with a mainland background, Hong Kong not only provides a fertile ground for Web3 development with the support of the mainland, but also provides an important springboard for the global market.

Invalidity of contract ≠ hopelessness

In the blockchain industry, many practitioners believe that blockchain projects without tokens have no soul.

Today we will focus on this issue and study and research representative cases from courts across Zhejiang.

Crypto fund advertisements appear on Alipay. Can Chinese investors legally invest in cryptocurrencies through QDII?

On December 6, 2024, the Hong Kong government officially announced the Stablecoin Bill, marking an important moment for Hong Kong to become a global digital asset center. This long-awaited legislative initiative lays the foundation for comprehensive regulation of stablecoins (FRS) anchored to fiat currencies, which not only meets global standards, but also addresses financial stability risks, while promoting innovation in the virtual asset industry.

Recently, the long-dormant NFT digital collectibles market has seen a long-lost bustle.

For most startup teams of Web3 projects, "Why do we need to set up a foundation?" is always an unavoidable question.

According to the South China Morning Post, Hong Kong has seen the largest increase in cryptocurrency activity in East Asia this year. In this year's Global Cryptocurrency Adoption Index compiled by Chainanalysis, Hong Kong has jumped from 47th last year to 30th. This shows that cryptocurrency trading in Hong Kong is on the rise. In addition to centralized exchanges, many friends have expressed their interest in virtual currency OTC trading in Hong Kong. So what are the risks of OTC trading in Hong Kong? How can retail investors protect themselves at the legal level? Today, attorney Mankiw will take you to find out.

In the past week, many of Mankiw's friends have been discussing one thing: the Shanghai High Court published an article titled "Issuing Virtual Currency for High-Amount Financing, What is the End?" In the article, the author clearly stated that it is not illegal for individuals to hold virtual currency. As soon as this article came out, the domestic currency circle seemed to be "celebrating the Chinese New Year". Various self-media outlets wrote articles to promote this good news, as if the publication of this article represented that my country had begun to relax restrictions on virtual assets. Here, Mankiw had to "pour two basins of cold water" on everyone, slightly reducing everyone's enthusiasm for virtual asset investment and awakening everyone's rationality.

When considering where to set up an investment vehicle to invest in virtual assets, whether it is a fund or a single family office investment vehicle, tax issues should be the first consideration. Hong Kong is known for its favorable tax policies. For example, it adopts the territorial principle, which means that companies are only taxed on profits generated in Hong Kong. This creates a favorable environment for international companies because foreign income is not taxed.

Whenever asked how to start a Web3 project, attorney Mankiw usually recommends considering setting up a "fund" or "foundation" as the first step to compliance. However, these two organizational forms, which differ by only one letter, often make people confused: When should I choose a fund? When should I choose a foundation? What different regulatory rules need to be dealt with when establishing them?

This article will focus on the crime of aiding and abetting trust, and will use typical cases to deeply analyze situations where Web3 practitioners may cross legal red lines in transactions and related projects, and put forward compliance recommendations to help avoid potential legal risks in the early stages.

In the field of cryptocurrency investment, crypto investment sharing communities have become one of the important channels for investors to obtain information. They often follow group owners (such as KOLs) through social media and join the Web3 investment groups they create to get the latest cryptocurrency trends and investment analysis in a timely manner. However, many of these communities have set a high entry fee. Therefore, a new cryptocurrency information sharing model, the "paid information transfer group", came into being - with only a very low entry fee, users can join the group to obtain high-quality crypto investment information transferred by the group owner. It seems that there is nothing wrong with the operation of transferring information. But in fact, as a group owner, there are many legal compliance matters that need to be paid attention to.

This article will sort out MiCA's regulatory framework for EU stablecoin issuers and provide a compliance reference for companies and individuals entering the EU crypto market.

Trump's victory has undoubtedly injected a shot of adrenaline into the crypto industry in the United States and even the world. Whether it is to establish a national strategic Bitcoin reserve, support the development of stablecoins, or abolish the SEC's SAB 121 policy, these promises directly target the pain points of the industry and attempt to fundamentally change the regulatory environment of the U.S. crypto industry. However, although these policy promises are exciting, their implementation path and operability are still full of unknowns. After all, whether these policies can be smoothly promoted still depends on the complex legislative and administrative system of the United States.