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Today in Crypto: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls WRX
17.5.2023
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: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls...
Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong
17.5.2023
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications
Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says
10.5.2023
Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms....
State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT
8.5.2023
Chinese tech company Iflytek recently made waves with the launch of its “Spark Model,” an AI system it says will surpass ChatGPT by the end of the year
Hong Kong to step in as ‘options are dwindling’ globally — FinTech chair
8.5.2023
Neil Tan, Chair of the FinTech Association of Hong Kong, said the opening of the financial industry to digital assets was “just a natural progression."
China’s crypto stance unchanged by moves in Hong Kong, says exec
5.5.2023
Crypto developments in Hong Kong do not mean China has softened or will soften its approach to regulating Bitcoin
Coinbase remains '100% committed' to US market: Armstrong
5.5.2023
The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much
Today in Crypto: Nigeria's Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in 3 Months, INX Works with BitGo to Launch a Pilot Wallet Management Solution for Regulated Security Tokens
4.5.2023
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: Nigeria's Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in...
Hong Kong regulator requires banks to open accounts for crypto firms
28.4.2023
Hong Kong’s central bank has urged banks to provide services to crypto firms even before they receive the license
Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms
28.4.2023
Crypto companies have complained that opening bank accounts in the jurisdiction is difficult
Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients
27.4.2023
Increasing familiarity with virtual assets clients will make Anti-Money Laundering measures easier with time, and the firms should be treated reasonably, the HKMA says
Hong Kong Regulators Set to Reveal Crypto Exchange License Guidelines in May
27.4.2023
Hong Kong's Securities Futures Commission (SFC) will release guidelines on the licensing regime for cryptocurrency exchanges by next month.
SFC CEO Julia Leung announced the plan during an event, noting that the city will unveil its new cryptocurrency framework in May, according to...
Hong Kong security regulator to issue crypto license guidelines in May
27.4.2023
The crypto business guidelines were reportedly revealed by the chief executive of Hong Kong’s Securities Futures Commission, Julia Leung
Pan-European crypto regulation is almost here: Law Decoded, Apr 17–24
24.4.2023
The Markets in Crypto-Assets Act, also known as MiCA, was finally passed by the European Parliament
OPNX CEO scolds claimed backers after they deny investing in the firm
24.4.2023
OPNX chief Leslie Lamb called out a number of venture capital firms on Twitter after some rushed to distance themselves from the company
Despite regulatory clarity, Hong Kong crypto ETFs experience lukewarm demand
20.4.2023
The daily trading volume of all Hong Kong crypto exchange-traded funds averaged about $1.19 million between December and early February
Hong Kong Court Recognizes Cryptocurrencies as Property in Landmark Ruling – What Happens Next?
20.4.2023
The High Court of Hong Kong has made a landmark ruling by recognizing crypto to be property in a legal matter that involved now-defunct crypto exchange Gatecoin.
Judge Linda Chan, who presided over the case, reportedly said that crypto has property attributes, according to an analysis of...
Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide
19.4.2023
In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency...
Hong Kong court rules cryptocurrencies as property
19.4.2023
The decision aligns Hong Kong with other jurisdictions that recognizes cryptocurrencies as digital properties
Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin
19.4.2023
The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said