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Hong Kong-Based Holding Company Appoints Huobi Exchange Founder as CEO
11.9.2019
Huobi Group founder and CEO, Leon Li has taken on several executive titles at Hong Kong’s Pantronics Holdings Ltd
The State of Security Token Regulations in Asia
6.9.2019
Some Asian countries have gone a long way toward shoring up their rules and regulations acround cryptocurrencies and security tokens
KuCoin Launches Soft Staking Program for The IOTX Owners
5.9.2019
KuCoin, the notable Hong Kong-based cryptocurrency exchange, has made headlines by sharing the news of the launching its IOTX Soft Staking Program. The much-anticipated project plans to give substantial benefits to the users holding IoTeX (IOTX) cryptocurrency coins. KuCoin has opened the doors...
HSBC Completes First Blockchain Letter of Credit Transaction in Yuan
2.9.2019
HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction using R3’s Corda-powered Voltron platform
Crypto News From Asia: Aug. 24–31 in Review
1.9.2019
A roundup of major news of the week from Asia
Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests
29.8.2019
The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people...
Hong Kong Businesses Begin Adopting Bitcoin as a Form of Protest
28.8.2019
The Hong Kong protest movement is prompting local businesses and individuals to dropt China’s fiat currency
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
Hong Kong’s HashKey Capital Invests in Terra’s Mining Token
26.8.2019
It is the eighth funding event in thirteen months using the mining token
Alibaba’s Massive $15 Billion Listing in Hong Kong Postponed
21.8.2019
It is a well-known fact that some of the biggest companies in China almost always have their initial public offerings in the United States and that was the case with Alibaba when it had its mega IPO in New York around half a decade ago. The biggest e-commerce company in China has grown at...
BitMEX Adds Hong Kong, Bermuda, and Seychelles to Trade Restriction List
20.8.2019
Seychelles based BitMEX has recently made changes to its trade restriction list. The crypto-derivatives trading platform also has branches in Hong Kong and Bermuda. Yesterday, the crypto exchange announced three new important additions to the list. BitMEX with its parent company- HDR Global Trading...
BitMEX Exchanges to Block Users in Hong Kong, Bermuda and Seychelles
19.8.2019
Per a company posting, BitMEX added the geo-blocks for regulatory reasons
How Coinbase Quietly Became the World’s Biggest Bitcoin Bank
17.8.2019
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...
Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks
16.8.2019
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...
Bitcoin Being Traded At Premium In Crisis-Hit Argentina And Hong Kong, Comes To Rescue From Devaluation
14.8.2019
Bitcoin (BTC) has proven to be of tremendous value in crisis-hit countries, with live examples like Venezuela. The South American country, which had been in socioeconomic and political turmoil, saw accelerating demand for Bitcoin, as it was viewed as a safe asset to park wealth. A similar story...
Hong Kong Is Paying Higher Prices for Bitcoin Amid Political Unrest
14.8.2019
Bitcoin price premiums emerge as political tensions and protests continue in Hong Kong
Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide
13.8.2019
On Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (BCH) is holding steady, up 2% today and now commanding the fourth largest...
SEC Commissioner: US Could Draw Crypto Policy From These Countries
5.8.2019
The U.S. Securities and Exchange Commission (SEC) could learn from other countries when finalizing its own crypto regulation, Commissioner Hester Peirce explains. While highlighting peculiar and notable features of the U.S. system, the commissioner emphasizes cross-border considerations, detailing...
Aegis Custody Gets Trust Company License in Hong Kong
29.7.2019
Aegis Custody Company Limited, widely referred to as Aegis Custody, has received a coveted license as the Trust Company for their business of digital asset custody. The license has been permitted by the Hong Kong Companies Registry of Trust and Company Services Providers. The company made...
New Singapore Crypto Tax Rules Could Help it Compete with Hong Kong
29.7.2019
Cableway trip in Sentosa Island, Singapore. A PwC analyst says that new tax regulations could provide cryptocurrency exchanges and initial coin offering (ICO) issuers based in Singapore with a boost as the country chases down Hong Kong.
Both Hong Kong and Singapore have been wooing Asian...