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Today in Crypto: Binance Shows Greater Net Flows Resilience, Capital is Flowing Out of US into Asia, OKX Applies for Hong Kong VATP License
24.11.2023
Source: AdobeStock / Diego Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Market news Contrasting with the crisis experienced by exchanges like FTX, Binance has demonstrated greater resilience...
Interactive Brokers Hong Kong licensed in Hong Kong for retail virtual asset trading
24.11.2023
Interactive Brokers Hong Kong was approved for a license in Hong Kong for virtual asset trading for retail clients, as announced by the regional managing director on LinkedIn
Binance US Guilty Plea May Raise Complications for Hong Kong Affiliate’s Crypto License Application- Here’s What You Need to Know
24.11.2023
Source: Pixabay According to several industry experts, Binance and its founder, Changpeng Zhao (CZ), pleading guilty to US anti-money laundering laws could pose challenges to the cryptocurrency exchange’s ambitions in Hong Kong. On November 21, Changpeng Zhao stepped down as CEO of Binance...
Hong Kong Investment Firm Victory Securities Obtains Retail Crypto Trading License
24.11.2023
The publicly traded company joins crypto-native firms HashKey Exchange and OSL Digital Securities with a license
Hong Kong to use AI against superbugs and antibiotic overprescription
24.11.2023
The COVID-19 pandemic brought a significant rise in broad-spectrum antibiotic prescriptions, leading to antibiotic resistance development within superbugs
Digital Hong Kong Dollar Pilot Plan to Enter Second Phase Next Year
20.11.2023
Source: HKMA The Hong Kong Monetary Authority (HKMA) is set to initiate the second phase of its digital Hong Kong Dollar project next year, focusing on the exploration of innovative applications and reinforcing collaborations across the financial industry. During the Fintech Foresight Seminar held...
China Asset Management Signs MoU with Hashkey Exchange to Promote Web3 in Hong Kong
20.11.2023
Source: LT/Adobe China Asset Management’s Hong Kong branch has entered into a memorandum of understanding with Hashkey exchange and HamsaTech Hong Kong. The collaboration aims to jointly foster and develop Web 3.0 initiatives within the asset management sector in Hong Kong. Hong Kong Looks...
People’s Bank of China Tests Digital Yuan Payment Integration in Hong Kong
18.11.2023
The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) are in the second phase of the integration tests of the digital yuan for payments and cross-border transactions in Hong Kong. This new phase includes more banks and the ability to use the Fast Payment System to...
New Walking Dead Game Looks Uh… Not Great!
17.11.2023
A new video game based on the popular TV show The Walking Dead is out now on consoles and fans who have jumped in to check it out are reporting another clunky, broken, and ugly Game Mill-published mess, just like that awful King Kong game from earlier this year. Read more
Web3 Social Company Sleek Announces $5 Million Seed Round
17.11.2023
Source: Pixabay Hong Kong-based Web3 social company Sleek has revealed a $5 million seed round, with the fundraising valuing the company at $50 million. In a press release published on Friday, the company said that it had secured funds through a Simple Agreement for Future Tokens (SAFT), granting...
Futu Holdings Subsidiary PantherTrade Seeks Crypto Trading Platform License in Hong Kong
17.11.2023
Source: Pixabay So far six companies, including Panthertrade (Hong Kong) Limited, a subsidiary of Futu Holdings (US: FUTU),have filed for a virtual asset trading platform license in Hong Kong. PantherTrade recently submitted its application, unveiling plans for a platform named...
No civil protection for crypto in China, $300K to list coins in Hong Kong? Asia Express
17.11.2023
Chinese court knocks back civil lawsuit over “illegal” crypto, Hong Kong exchanges gain momentum, The Block gets $60M from Singapore firm
Bitget Subsidiary Drops Hong Kong License Pursuit Amidst OSL Acquisition Rumors
16.11.2023
The Singapore-based crypto exchange Bitget’s Hong Kong division said on Nov. 13 that it is no longer seeking a trading license to operate in that region. Market rumors suggest that Bitgetx’s decision not to seek the license may be linked to the rumored Bitget acquisition of OSL,...
ASICRUN Miners Tout “Unparalleled Mining Performance” as Fight For Efficiency Intensifies
16.11.2023
Image Source: Pixabay Hong Kong-based crypto technology company ASICRUN has released its latest offerings, which reportedly boast “unparalleled mining performance.” In a Wednesday press release, the company said its latest offerings, the AR1, AR2, and EliteAR ASIC miners, stand out...
Sora's First Summit Brought Sam Bankman-Fried to Hong Kong. Now, They've Got Their Eyes on Taipei.
15.11.2023
Jason Fang and Sora Ventures have opened up shop with a marquee office in Taipei 101, and want to revolutionize science with the bitcoin blockchain
Gaming Firm Boyaa Interactive to Add Bitcoin and Ether to Balance Sheet With $100M Investment
15.11.2023
Recently disclosed in a regulatory statement, Hong Kong-based Boyaa Interactive International Limited announced its plan to acquire cryptocurrency assets valued at up to $100 million. This publicly listed entity, known for developing and managing online card and board games through its various...
Hong Kong Gaming Company Boyaa Interactive Seeks Approval to Buy $100M in Crypto to Boost Web3 Strategy
15.11.2023
Boyaa Interactive unveiled plans this week to potentially buy up to $100 million worth of cryptocurrencies, mostly bitcoin [BTC] and ether [ETH] within a year
BGX Invests $90 Million in BC Technology Group, Operator of Hong Kong’s OSL Exchange
14.11.2023
Source: Adobe / Dmitry Rukhlenko BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has secured a significant investment from BitgetX (BGX), the Hong Kong division of the cryptocurrency services provider Bitget, although it is still pending...
Owner of Hong Kong crypto exchange OSL secures $90M investment
14.11.2023
BC Technology Group, the operator of Hong Kong’s publicly listed crypto exchange OSL, has raised $90 million in subscriptions for new shares from BGX
Hong Kong-Listed Boyaa Interactive Seeks Shareholder Approval for $100 Million Crypto Investment
14.11.2023
Source: Pixabay Hong Kong-based E-gaming giant Boyaa Interactive International Limited is seeking shareholder’s approval for purchasing $100 million worth of crypto in the next 12 months. According to an announcement from the Hong Kong Stock Exchange, the board of directors of Boyaa Interactive,...