hkvac

ChainCatcher news, the Hong Kong virtual asset rating agency HKVAC announced the index adjustment results for the HKVAC Core Index and the HKVAC Market Index, which will take effect on October 20. The HKVAC Core Index adds Hedera (HBAR) and Maker (MKR), while removing Cryptonex (CNX) and Internet Computer (ICP).The number of constituents in the HKVAC Large Cryptocurrency Index will remain at 30, adding Hedera, Maker, and Quant (QNT), while removing Cryptonex, Internet Computer, and HEX. The HKVAC Global Large Cryptocurrency Top 5 Index and Weight Index will add XRP and remove USDC. There are no changes to the HKVAC Global Large Cryptocurrency Top 10 Index and Weight Index.

ChainCatcher news, the encrypted exchange BitgetX announced on July 4th a strategic partnership with the Hong Kong Virtual Asset Rating Agency (HKVAC). HKVAC, as an independent professional credit agency, provides credit ratings for the crypto industry, particularly for cryptocurrency exchanges and all actively traded cryptocurrencies.This collaboration aims to promote the healthy development of the digital asset industry in Hong Kong, including the establishment of compliance management standards for trading platforms, improving trading quality, and providing better risk management services for investors while creating a safe trading environment.

ChainCatcher news, the Hong Kong virtual asset rating agency HKVAC has announced the calculation method for the virtual asset index, including the calculation logic, framework, algorithms, etc. The first batch of 30 cryptocurrencies that make up the 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. HKVAC reviews the cryptocurrencies at the end of each quarter, with announcements made two weeks after the end of the quarter and implementation three weeks after the end of the quarter. (source link)

ChainCatcher news, the Hong Kong Virtual Asset Rating Agency (HKVAC) has officially been established and is launching the "Virtual Asset Index" and "Virtual Asset Exchange Rating." Among them, the HKVAC Large Cryptocurrency Index reflects the overall performance of high market capitalization cryptocurrencies in the global cryptocurrency market; the Virtual Asset Exchange Rating reflects the credit status of trading platforms and promotes transparency and accountability in the virtual asset trading market.It is reported that HKVAC was initiated by professional rating agencies and industry stakeholders, including big data companies, exchanges, institutional investors, and is composed of Hong Kong licensed rating agencies. (source link)