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HKEX Just Unleashed the World’s Most Half-Baked Crypto Index – Because Who Needs Reality Anyway?

A  illustration depicting an exchange board with Bitcoin (BTC) and Ethereum (ETH) symbols, surrounded by chaotic market charts in various colors, conveying confusion and uncertainty.

Another attempt to legitimize crypto’s questionable existence, courtesy of HKEX – because what could possibly go wrong? The notion that these two behemoths are attempting to create some semblance of legitimacy by launching an index for Bitcoin and Ethereum is laughable. It’s like trying to put a suit on a pig – it might look somewhat passable at first glance but ultimately reeks of desperation.

Source: bitcoin.com

HKEX, a major global exchange group, is launching a new index series for Bitcoin and Ethereum to provide a transparent and reliable benchmark for pricing these cryptocurrencies in the Asian time zone. The index series adheres to EU regulations and aims to foster a dynamic virtual asset ecosystem in Hong Kong. Hong Kong Exchanges and Clearing Limited (HKEX), a major global exchange group, announced it will launch the HKEX Virtual […]

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