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Wow, Even Super Nintendo World's Bathrooms Have Great Music
24.5.2024
Going to the bathroom is (hopefully) not a memorable part of your trip to a theme park or resort. However, the bathrooms in Super Nintendo World—with their wonderful, chill music—seem so good that you’ll be excited when nature calls. Read more
Crypto Exchange Gate.HK Ceases Operations — Urges Users to Withdraw Assets
24.5.2024
Gate.HK, the Hong Kong arm of cryptocurrency exchange Gate.io, is undergoing a significant platform overhaul to enhance security and compliance, withdrawing its applications for licensing under Hong Kong’s Securities and Futures Ordinance (SFO) and the Anti-Money Laundering...
Crypto Exchange OKX Withdraws Hong Kong License Application
24.5.2024
The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month
CatCoin demands BitForex resolve token withdrawals, hints at lawsuit
24.5.2024
The CatCoin team urged BitForex to respond to their grievances via a designated email address, marking a last-ditch effort before potentially escalating the matter further
Hong Kong crypto exchange folds to regulatory pressure
24.5.2024
Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses
Hong Kong streaming firm to buy $100M of crypto, Worldcoin sanctioned: Asia Express
24.5.2024
Hong Kong streaming firm to buy $100M of crypto, Worldcoin reprimanded on privacy, women take charge of biggest exchanges: Asia Express
Hong Kong SFC Considering Ether Staking for Ethereum ETFs
23.5.2024
Hong Kong’s Securities and Futures Commission (SFC) is reportedly considering allowing the issuers of Ethereum ETFs to offer Ether staking.
The post Hong Kong SFC Considering Ether Staking for Ethereum ETFs appeared first on Cryptonews
US lawmakers urge SEC’s Gensler to approve spot Ethereum ETF
23.5.2024
U.S. lawmakers argued that a potential spot Ether ETF would offer investors access to ETH in a more regulated and safe format
Hong Kong SFC considers allowing Ether staking for ETF issuers
23.5.2024
SFC reportedly held discussions with the country's crypto ETF issuers about providing staking services via licensed platforms
Hong Kong’s PCPD orders Worldcoin to wind up its business
23.5.2024
The Office of the Principal Commissioner for Personal Data (PCPD) has ordered Worldcoin to close its doors owing to the ongoing investigation into the company, which began in early 2024. Interestingly, Worldcoin is a crypto exercise that was co-founded by Sam Altma, the CEO of OpenAI. In early...
Hong Kong central bank studies AI's impact on banking jobs and skills
23.5.2024
HKMA deputy chief executive Arthur Yuen said that enhancing employees' skills would allow them to “coexist with technology in the AI era.”
Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application
23.5.2024
Gate.io's Hong Kong entity, Gate.HK, is winding down its operations. It has also withdrawn its application for a crypto trading platform license in the region.
The post Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application appeared first on Cryptonews
Hong Kong Regulator: Worldcoin Activities Violated Privacy Ordinance
23.5.2024
The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong...
Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million
22.5.2024
Hong Kong police have arrested 100 individuals in a significant crackdown on fraud and money-laundering syndicates, recovering over HK$180 million (US$24.2 million) from 295 victims.
The post Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million appeared first on Cryptonews
Godzilla vs. Kong: SEC faces fierce battle against crypto’s legal firepower
22.5.2024
The SEC has decided to take on half the crypto industry at once. That could be a fatal error given the industry’s combined legal firepower
Worldcoin Operations Violate Privacy and Should Cease, Hong Kong Regulator Says
22.5.2024
Privacy Commissioner for Personal Data personnel visited 10 of the project's locations in December and January
Worldcoin Ordered to Cease Operations in Hong Kong Over Privacy Compliance Issues
22.5.2024
Hong Kong’s privacy watchdog on Wednesday instructed OpenAI founder Sam Altman’s Worldcoin project to halt all activities in the region. This includes scanning and collecting iris and facial images from the public using iris-scanning devices.
The post Worldcoin Ordered to Cease Operations in Hong...
Worldcoin ordered to stop operations in Hong Kong
22.5.2024
The PCPD ruled that Worldcoin’s retention of sensitive biometric data, including face and iris images, for up to 10 years solely for AI model training was unjustified
Hong Kong Police Arrest Three in HK$5.1 Million Virtual Investment Talk Show Ticket Scam
21.5.2024
Hong Kong police have arrested three individuals linked to a fraud syndicate that allegedly defrauded at least 10 residents out of HK$5.1 million (US$653,900) by deceiving the victims into bidding for fake tickets to a virtual investment talk show with the intention of reselling them for...
US Spot Bitcoin ETFs Maintain Momentum With Sixth Day of Positive Gains
21.5.2024
According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have experienced positive inflows for six consecutive days. Over this period, the spot bitcoin ETFs attracted a total of $1.186 billion. Ark Invest’s ARKB Tops Inflows as U.S. Bitcoin ETFs Gain $237 Million Spot...