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Meitu loses $17.3M on Bitcoin, gains $14.7M on Ether
8.7.2021
Meitu has reported losses of $17.3 million on its Bitcoin holdings, with its Ether investment having gained $14.7 million despite the recent crypto downturn
Coinbase handled trades and custody for Meitu's $90M crypto investment
24.3.2021
Meitu CFO Gary Ngan said the firm would have faced difficulties acquiring crypto on its own as a listed company
Bitcoin Trader Robbed During an In-Person Transaction, Kicked Out of Car in Hong Kong
7.1.2021
An unnamed 37-year-old man was a victim of a theft from a gang of robbers who fled with 15 bitcoin (BTC), worth HKD 3 million ($387,000) in cash. They agreed to meet in person for a crypto exchange transaction. Six Non-Chinese Suspects Allegedly Involved in the Theft Per the South China Morning...
Hong Kong Grants First License to Cryptocurrency Trading Platform
18.12.2020
Hong Kong now has its first regulated cryptocurrency trading platform. The Securities and Futures Commission has just given out the first-ever crypto license to OSL Digital Securities which will soon commence trading for several cryptocurrencies, including bitcoin. Hong Kong Gives Out First Crypto...
World’s dominant crypto futures market could face regulatory shake-up
18.11.2020
Hong Kong appears to be tightening the screws on unregulated crypto exchanges
Hong Kong Amends Crypto Law to Regulate All Exchanges
3.11.2020
Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges operating in Hong Kong. Hong Kong’s New Crypto Regulation The CEO of the SFC, Ashley Alder, talked about...
Bitcoin slides 3% as Hong Kong seeks to end 'honeymoon' with crypto exchanges
3.11.2020
The price of Bitcoin fell by 3% so far this week amid growing regulatory pressure on cryptocurrency exchanges in China and Hong Kong
Huge ‘Bitcoin Tram’ Ad Campaign and 20 Billboards Flood Hong Kong’s Financial District
12.9.2020
A massive Bitcoin ad campaign has launched in the heart of Hong Kong’s financial district, featuring three Bitcoin trams and 20 matching billboards. It is a community initiative coordinated by the Bitcoin Association of Hong Kong, an organization with more than 5,000 members. The Bitcoin Tram...
Hong Kong’s First Regulator-Approved Bitcoin Fund Targets $100M Raise
20.4.2020
Hong Kong's Securities and Futures Commission has approved a bitcoin index fund from Arrano Capital, one aimed solely at institutional investors
Hong Kong’s New Crypto Regulations Leave Gray Area, Claims AAX Exchange
7.11.2019
A new LSEG-powered Bitcoin spot and derivatives exchange Atom Group has launched in Hong Long amid a tightening of the region’s crypto-regulatory regime
CoinFlex Receives $10 Million Funding for Bitcoin Futures Settlements
27.8.2019
CoinFlex has received $10 million in a recent investment round and wants to do more business with Asian retail investors