Coin

<ul class="news-points"> 
 <li>HKVAC’s recent release of the cryptocurrency index has created controversy regarding the exclusion of some cryptocurrencies.</li> 
 <li>The index excluded SOL, AVAX, UNI, and ETC while it included FTM and EOS.</li> 
 <li>The agency responded that the cryptocurrencies would be considered to be included by July 14.</li> 
</ul> 
The rating agency Hong Kong Virtual Asset Consortium’s (HKVAC) recent <a href="https://www.hkvac.io/hkvac_IndexEN.html" target="_blank" rel="nofollow">release</a> of the virtual asset index has been a subject of controversy since the agency excluded the <a href="https://coinedition.com/top-10-altcoins-show-strength-with-impressive-price-rises/">leading cryptocurrencies like SOL</a>, AVAX, UNI, and ETC while it included FTM and EOS. Responding to the dissension, HKVAC assured that the agency would rebalance the index by July 14, considering the inclusion of those cryptocurrencies. 
A Chinese crypto reporter Colin Wu, on his Twitter page Wu Blockchain, shared a thread, shedding light on KKVAc’s response to the ongoing arguments regarding its virtual asset index. 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 SOL AVAX UNI ETC were not included; FTM EOS included; causing controversy. HKVAC responded: Some of the one you mentioned should be included as top 30, it is now close to the time of our first rebalancing, we will release the constituents along with the weights on 14th July. <a href="https://t.co/5ENcZrtcHi" target="_blank" rel="nofollow">https://t.…</a>
 </blockquote>
 </div>
</figure>
The post <a rel="nofollow" href="https://coinedition.com/hkvacs-virtual-asset-index-excludes-top-cryptocurrencies/">HKVAC’s Virtual Asset Index Excludes Top Cryptocurrencies</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

HKVAC’s Virtual Asset Index Excludes Top Cryptocurrencies

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