In today's news, Huobi HK has expanded its crypto trading to Hong Kong, catering to retail and institutional clients. This comes as Bybit in Kazakhstan secures pre-approval as a crypto custody service provider, emphasizing the need for secure crypto solutions. In an intriguing development, Bali is curbing foreign tourists from using crypto payments, amidst regulatory concerns. A similar apprehension led Russia to abandon its national crypto exchange plans. Meanwhile, executives at Temasek face compensation cuts due to mishandling its FTX investment, stressing the gravity of crypto ventures.
