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SEC Actions in US May Affect Binance in Other Regions, Hong Kong Lawyer Says
8.6.2023
The crackdown initiated by the U.S. Securities and Exchange Commission (SEC) may affect Binance in other regions and its license application in Hong Kong, according to a crypto-compliance lawyer. The expert believes the regulator wants the largest digital asset exchange to leave the United States....
IOHK’s Charles Hoskinson Warns of CBDC Agenda and Potential Dystopian Future Amid Binance Lawsuit
6.6.2023
Following the lawsuit filing by the U.S. Securities and Exchange Commission (SEC) against Binance, encompassing 13 allegations of “operating unregistered trading platforms” and “participating in multiple unregistered offers and sales of crypto asset securities,” Charles...
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
While Hong Kong Inu Rallies 50,000%, Experts Believe Wall Street Memes is the Next Crypto to Explode – Here's Why
2.6.2023
Momentum in crypto markets shows no sign of slowing down, as Hong Kong Inu ($HONG) explodes +50,000% in earth-shattering pump dawning a return to February's Chinese narrative.
As many traders will remember, February 2023 saw a surge of interest and traction for Chinese-linked crypto projects...
Justin Sun: Huobi Could Have Hong Kong License in 6 To 12 Months
2.6.2023
Crypto exchange Huobi could receive a crypto trading license in Hong Kong as soon as the end of the year, Huobi advisor and Tron founder Justin Sun said on CoinDesk TV on Friday
Bloomberg: Hong Kong's New Crypto Rules Pave Uncertain Path to Digital Asset Hub
2.6.2023
Hong Kong's financial regulator finally implemented its new regulatory framework for crypto on the first of June.
Under the new rulebook, the city-state will allow retail investors in the city to trade specific “large-cap tokens” on licensed exchanges, given that safeguards such as knowledge...
Standard Chartered, PwC make case for programmable CBDC in China Greater Bay Area
1.6.2023
With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for CBDC research
Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin
1.6.2023
The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation
First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
1.6.2023
The stablecoin is issued by a registered trust owned by First Digital
Hong Kong Virtual Assets Consortium launched with Huobi as first member
31.5.2023
The new consortium will provide ratings of digital asset trading platforms and cryptocurrency market indexes when it becomes operational
Hong Kong and UAE Central Banks Join Forces on Crypto Regulations
31.5.2023
Both Hong Kong and the United Arab Emirates (UAE) have strengthened ties after their respective central banks (CBUAE) and monetary authorities (HKMA) agreed to join forces on crypto regulation earlier this week.
The parties held a meeting in Abu Dhabi on Monday to “enhance collaboration between...
Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank of India Deputy Governor Recommends All Banks Adopt Blockchain & AI
31.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank...
Trust Reserve Stablecoin Team Detained in China: PANews
31.5.2023
A Trust Reserve stablecoin team was detained by police in China on May 29, according to PANews.
The news outlet reported that the team “had been taken away by the police and detained, and the family members of some employees had been notified.”
The office in Shanghai was vacant and had a seal...
AML rules for digital assets to come into effect in UAE
31.5.2023
The licensed financial institutions would be required to identify and verify the identities of all customers
Team Behind Offshore Yuan, Hong Kong Dollar Stablecoins Detained by Chinese Police: Report
31.5.2023
Earlier this year KuCoin closed a $10 million funding round into CNHC
IOST partners with Web3Hub in Hong Kong
31.5.2023
IOST has announced its strategic partnership with Hong Kong Web3Hub. The objective of the collaboration is to further strengthen the support and create an environment for the emerging players in the upcoming industry – Web3. IOST and Web3Hub are collectively aiming to attract global Web3...
Hong Kong and UAE central banks collab on crypto rules, fintech development
31.5.2023
The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.”
Huobi HK Starts Offering Crypto Spot Trading to Hong Kong's Retail and Institutional Clients Amid New License Submission
30.5.2023
Crypto exchange Huobi is moving forward with its Hong Kong expansion plans.
The latest announcement by Huobi Global noted that the firm’s Hong Kong subsidiary now offers crypto spot trading and virtual assets custodian services.
The announcement also noted that Huobi HK officially submitted...
Today in Crypto: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia Abandons National Crypto Exchange Plans, CoinEx Launches BitHK
30.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia...
Hong Kong's Crypto Hub Ambitions May Not Last Warns Chinese Crypto Pioneer
30.5.2023
Hong Kong’s ambition to become a crypto hub may not be sustainable, according to a Chinese crypto veteran whose digital asset business in China was overturned by a regulatory crackdown.
In an interview with Bloomberg, crypto pioneer Bobby Lee, who set up China’s first Bitcoin exchange and founded...