Hong Kong SFC issued a warning regarding unauthorized crypto products, including the ‘FoFund Duoduo’ series and ‘Taohuayuan NFT’, appearing on its Alert List. This move reflects enhanced scrutiny on virtual assets.
While these warnings may influence investor sentiment, historical patterns show minimal immediate impact on significant cryptocurrencies like Bitcoin and Ethereum, highlighting market resilience.
As of July 29, 2025, Ethereum (ETH) remains stable with a price of 3,822.90 USD and a market cap of 461.47 billion USD. Speculations continue, but previous regulations have had limited effects on established digital currencies.
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