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Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong
31.8.2023
Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto assets in the Chinese region. SEBA Bank Takes a Step...
Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub
18.8.2023
This week's Crypto Biz explores Binance Connect shutdown, BitGo's funding round, PayPal Crypto Hub, and other news
Hong Kong Securities Regulator Warns Unlicensed Crypto Exchanges
10.8.2023
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning to unlicensed providers of crypto trading services. Concerned about their engagement in “improper practices,” the regulator also said investors should be aware that some of these platforms may never actually apply for...
Hong Kong Aims to Thrive as an International Crypto Hub Despite Global Scrutiny
9.8.2023
The first licenses in Hong Kong have been issued to crypto companies under a new regulatory regime, as the city continues its plans to become an international crypto hub. But vital hurdles remain.
The new rules took effect this year allowing retail investors to trade crypto on exchanges licensed...
Web3 Utility Coin LPX Raises $1.2 Million in Funding for AI Trading Analytics Platform – Here's What You Need to Know
7.8.2023
Web3 represents the new age of internet technology where everything is decentralized. Unlike traditional internet services where a few companies control data, Web3 allows people to own and control their data. ...
Read More: Web3 Utility Coin LPX Raises $1.2 Million in Funding for AI Trading...
Unlock the Power of AI and Trading Edge with Launchpad XYZ – The Gateway to Successful Web3 Trading
4.8.2023
Trading in the crypto space is challenging, especially for novices. It's not just about understanding market trends and knowing when to make a trade, but also about managing one's emotions. An emotionally charged decision can lead to massive losses or missed opportunities. ...
Read More: Unlock...
Why France Is Emerging as a European Crypto Hub
26.7.2023
Web3 Coin LPX Raises $1.14 Million After Helping Crypto Users Find the Next Pepe – How Does it Work?
13.7.2023
The Internet's third generation, Web3, often presents complexities that could overwhelm even the most experienced users. With multiple platforms and resources to sift through, managing Web3 activities can be quite challenging. ...
Read More: Web3 Coin LPX Raises $1.14 Million After Helping Crypto...
Hong Kong's Grey Zone Crypto Stores Draw in Chinese Visitors
12.7.2023
According to a report from the Financial Times, the influx of Chinese tourists into Hong Kong has witnessed a peculiar trend in recent months, as more individuals seek to purchase cryptocurrencies during their visits.
This surge in interest can be attributed to the stringent regulations...
Rush for Hong Kong’s crypto licenses yet to translate to jobs: Recruiters
10.7.2023
Hundreds of firms have been lining up for a Hong Kong crypto license, but recruiters say they are yet to see an accompanying rush for talent
Why Edinburgh Is Zumo's Crypto Hub
7.7.2023
A conversation with Nick Jones, the co-founder and CEO of digital-assets infrastructure platform Zumo, on how being accepted to a blockchain accelerator and COVID-19 workplace changes influenced their choice to establish and remain in Scotland
Why Lisbon Is Immunefi's Crypto Hub
5.7.2023
A frank conversation with Immunefi founder and CEO Mitchell Amador about where he optimized his startup’s locations from the perspective of regulations, taxes and human health
Hong Kong Government Sets Up Web3 Development Task Force – Next Crypto Hub?
2.7.2023
Hong Kong has taken another major step towards becoming a leading hub for cryptocurrency and blockchain technology.
The Hong Kong Government has announced the establishment of a task force, known as the Web3 Development Task Force, dedicated to promoting the growth of Web3, with a particular...
UK’s New Financial Law to Regulate Crypto, Includes Provisions for 'Crypto Hub
30.6.2023
The United Kingdom on Thursday officially passed legislation to regulate cryptocurrencies and stablecoins as part of its broader financial regulatory reforms post-Brexit.
The new law, dubbed the Financial Services and Markets bill, will grant regulators the authority to establish a tailored...
UK Commission Publishes Recommendations for Reform and Development of the Law on Digital Assets
30.6.2023
The Law Commission of England and Wales has published its “recommendations for reform and development of the law on digital assets.” The recommendations, which seek to secure the U.K.’s position as a global crypto hub, are intended “to provide a comprehensive legal foundation...
First Mover Asia: Hong Kong as Crypto Hub? The City's Strict Banking Requirements May Be an Obstacle
16.6.2023
A Hong Kong-based entrepreneur says that while the digital assets regulation is "overall friendly," banking regulations will make the industry's growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters
HSBC, Standard Chartered, and Bank of China Pressured by Hong Kong to Embrace Crypto Exchanges – Next Crypto Hub?
15.6.2023
Hong Kong’s banking regulator has reportedly exerted pressure on banks including HSBC, Standard Chartered, and Bank of China to engage with crypto clients.
During a meeting last month, the Hong Kong Monetary Authority (HKMA) questioned why the banks had not accepted crypto exchanges as clients...
Andreessen Horowitz's Crypto Arm to Establish London Office – Next Crypto Hub?
12.6.2023
Many US-based crypto firms have been keen on expansion moves amid heightened regulatory uncertainty in the United States.
The latest firm to announce its expansion plans is the crypto investment subsidiary of VC Andreessen Horowitz, a16z crypto.
The firm announced its plans to launch its first...
Hong Kong’s regulatory lead sets it up to be major crypto hub
5.6.2023
Hong Kong is increasingly solidifying its status as a crypto hub in Asia despite most other countries taking a cautious approach
UAE's Central Bank Introduces New Anti-Money Laundering Guidance for Crypto Businesses – Here's the Latest
1.6.2023
The UAE’s Central Bank just introduced new anti-money laundering (AML) and counter-terrorism financing guidelines for crypto businesses and financial institutions handling digital assets, according to an announcement on Wednesday.
The new guidance applies to all licensed financial institutions...