XRP, DOGE Added In Crypto Index Launched By Hong Kong Rating Agency

Crypto News: In a major push for the global crypto industry Hong Kong rating agency HKVAC reportedly announced its virtual asset index. In addition to Bitcoin (BTC) and Ethereum (ETH), the list includes the largest of the 30 cryptos. This comes after HSBC opened doors for Hong Kong crypto users to trade in BTC and ETH futures Exchange Traded Funds (ETFs).

Also Read: XRP Bulls Coming In Signals On-Chain Data

Hong Kong’s Another Push To Crypto?

As per reports, HKVAC issued virtual asset index includes WBTC, BTCB, stETH, BCH, LTC, BNB, MATIC, ADA, ATOM, FIL, NEAR, ALGO, ICP, XRP, DOGE, DOT, WTRX, SHIB, TRX, LINK, LEO, XMR, XLM, OKB, LDO, HBAR, VET, QNT, FTM, EOS. However, this index is not launched by the Hong Kong Government but it is supported by Hong Kong legislators Johnny Ng, Huobi, KuCoin and others.

Crypto reporter, Colin Wu reported that the listed tokens hold several platforms token and privacy tokens. Meanwhile, the list also includes a large number of crypto that are marked as “Securities” by the U.S. Securities and Exchange Commission (SEC).

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Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at ashish@coingape.com

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