Tag: hong kong

Jul 16 2021

Jul 07 2021

Thai Partner Drags Bithumb Hong Kong Subsidiaries To Civil Suit

Reports reveal that subsidiaries of Bithumb Hong Kong are facing a civil suit due to a contract breach. According to the report, a Thai firm says that Bithumb’s Hong Kong subsidiaries halted its business in Thailand. This halt led to serious business damage for the Thai firm. Korea Times reported on Tuesday that a former...

Jun 08 2021

Hong Kong Central Bank to Study Retail CBDC

The central bank is already working with international counterparts on CBDC for wholesale use.

May 21 2021

Hong Kong Is Moving Forward to Ban Retail Crypto Trading

If the proposals turned into law, only professional investors with $1.03 million in their investment portfolio can trade crypto.

Hong Kong’s FSTB Proposes to Restrict Crypto Trading for Retail Traders

May 21 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

The Financial Service and the Treasury Bureau (FSTB) of Hong Kong today proposed to ban crypto trading services for retail traders and...

Mar 30 2021

Mar 04 2021

Feb 15 2021

Industry Group Says Hong Kong’s Proposed Crypto Rules Could Drive Traders Underground

Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance.

Jan 19 2021

Thieves Grab $451K in Cash From Hong Kong Crypto Trader

The robbers lured a female cryptocurrency trader into an office and threatened her with a weapon, according to a report.

Jan 14 2021

Crypto News: HongKong Approves First Crypto ETF Fund Worth $100 Million

Jan 14 2021 Published at Coingape under tags  blockchain news btcbrl btcbusd btcdai btceur

Hong Kong, China has approved an Exchange Traded Fund (ETF) worth $100 million that would also include 10% in cryptocurrency. The ETF would be raised by Yibo Financial as per a report from Wu Blockchain. Hong Kong, China has approved the first ETF fund involving cryptocurrency, and Yibo Financial said it will raise 100 million The post Crypto News: HongKong Approves First Crypto...

Jan 12 2021

Fidelity International Invests $6M in Firm Behind Hong Kong’s OSL Crypto Exchange

Jan 12 2021 Published at CoinDesk under tags  business fidelity hong kong news osl

BC's OSL exchange is the first crypto brokerage to receive Hong Kong regulators' blessing.

Jan 06 2021

BC Group Scores $90 Million to Grow Its Digital Asset Exchange

The stock price of the company tumbled by over 14 percent on Wednesday.

Jan 05 2021

Bitcoin Trader Robbed and Pushed Out of Car in Hong Kong

Jan 05 2021 Published at CoinDesk under tags  crime hong kong news policy & regulation

The trader exchanged 15 bitcoin for HK$3 million before being robbed of both.

Dec 24 2020

Hong Kong ATMs Must Be Excluded From Coming AML Regulations, Group Says

The government’s plan to regulate cryptocurrency exchanges in Hong Kong could mean ATMs may also be off-limits, the group claims.

Dec 23 2020

Hong Kong Trading Platform OSL Suspends XRP Services as SEC Sues Ripple

Dec 23 2020 Published at CoinDesk under tags  coinflash hong kong markets news osl

The SEC is accusing Ripple of violating federal securities laws via sales of the XRP cryptocurrency to retail consumers.

Dec 07 2020

Dec 06 2020

Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments

Dec 06 2020 Published at CoinDesk under tags  cbdc china digital yuan hong kong news

PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments.

Dec 05 2020

Hong Kong Crypto Exchange Founder Taken Amid China’s Crackdown on Fraudulent Bank Accounts

Dec 05 2020 Published at CoinDesk under tags  aml china crackdown global hong kong

The platform will close all its over-the-counter (OTC) trading services because of the risks related to uncertainties from China’s regulatory policies/

Dec 04 2020

Venture Firm Eyes DeFi After OMG Network Acquisition

The financials of the acquisition deal were not disclosed by the companies.

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