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Crypto Market Developments: FCA, Hong Kong, Bitfufu
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Portofino Technologies obtains FCA registration for crypto trading in the UK, expanding its client base and liquidity provision globally. Hong Kong sees a surge in crypto exchange license applications, with two platforms already licensed. Bitfufu, a Singapore-based crypto miner, goes public on Nasdaq with a SPAC deal and significant funding.
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How could Bitfufu's public listing influence investor sentiment towards crypto mining companies?
How might the FCA registration impact Portofino Technologies' market position and competitiveness?
What implications do the increasing license applications in Hong Kong have on the region's crypto market?
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