The recent dynamics of the crypto market have attracted widespread attention. Here are the detailed information for you:

Differentiation of crypto market sectors: Most sectors of the current crypto market are in a state of correction, but the PayFi sector stands out and rises 2.96% against the trend, becoming the focus of the market.

Crypto volatility caused by the "dog effect": Zhao Changpeng's pet dog is named Broccoli, and the Broccoli token on BSC associated with this name has attracted much attention. Its current market value is 82 million US dollars, and it has fallen by 13.45% in 1 hour. It is worth noting that the creator of the Broccoli token made a profit of about 6.72 million US dollars in just 24 minutes, which is amazing.

Hong Kong cryptocurrency money changer supervision dynamics: In Hong Kong, there are new developments in the regulatory policy of cryptocurrency money changers. At present, half of the money changer transactions do not require real names, but if you use more than 120,000 Hong Kong dollars in cash to buy cryptocurrencies, you need to register. This regulatory model aims to balance transaction convenience and financial security.

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