Hong Kong Strengthens Licensing Standards for Crypto Advisory Firms
- Regulatory Framework Upgrade: Hong Kong plans to implement stricter licensing standards for crypto advisory firms, with broader compliance framework legislation expected in 2026, aimed at enhancing investor protection and compliance transparency.
- Increased Capital Requirements: The new rules mandate a minimum capital requirement of HKD 5 million for firms holding client assets, while those without custody responsibilities must maintain at least HKD 100,000 in liquid capital, thereby strengthening operational risk management.
- Alignment of Compliance Standards: Crypto investment advisors will face compliance obligations similar to those of traditional financial institutions, ensuring the principle of 'same business, same risks, same rules' is upheld, thus pushing market participants towards stricter regulatory standards.
- Strong Market Support: Regulators confirmed broad market support for the upcoming framework, reflecting a growing demand for stronger investor safeguards and clearer compliance standards, which will promote the healthy development of the crypto industry.
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Technical Analysis for TON
Technical Sentiment Analysis for Toncoin (TON). As of , Toncoin (TON) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TON stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TON is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Toncoin (TON) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.124 | 1.41 | 1.625 | 1.911 | 2.126 | 2.412 | 2.627 |
| Fibonacci | 1.41 | 1.602 | 1.72 | 1.911 | 2.103 | 2.221 | 2.412 |
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