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Hong Kong Amends Finance Law to Incorporate Crypto Firms
8.12.2022
Virtual asset service providers will be covered by terror financing and anti-money laundering rules as of June next year
Hong Kong to subject crypto exchanges to the same laws governing TradFi
8.12.2022
The new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines
Hong Kong working on investor protection regulations, says central bank exec
2.12.2022
Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake of the recent crypto contagion
Today in Crypto: Komodo Launches AtomicDEX Web, Animoca Plans a $2 Billion Fund to Invest in Metaverse Firms, SEBA Opens Hong Kong Office
30.11.2022
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: Komodo Launches AtomicDEX Web, Animoca Plans a $2 Billion Fund to Invest in Metaverse Firms, SEBA Opens...
Hong Kong Crypto Exchange AAX Unlikely to Reopen, Former Comms Chief Says
30.11.2022
The exchange shuttered on Nov. 13 after a reported hack
Amber Group's co-founder Tiantian Kullander passes away at 30
25.11.2022
Tiantian Kullander, known to many as TT, has unexpectedly died in his sleep on Nov. 23
Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’
23.11.2022
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan Cromwell with limited information. Bromley further...
Hong Kong Preparing to Join Digital Yuan Pilot, Extend ‘Cross-border’ Reach
23.11.2022
Mainland China and Hong Kong are set to co-launch the digital yuan’s first cross-border pilot project – as the People’s Bank of China (PBoC)-led project edges ever-closer to roll out.
According to Shanghai Securities News, Howard Lee, the Deputy Chief Executive of the Hong Kong Monetary Authority...
News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files for Debt Restructuring
22.11.2022
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: News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files...
Hong Kong believes stablecoin volatility can spillover to traditional finance
22.11.2022
According to Hong Kong’s central bank, the interconnection of crypto assets has made the crypto ecosystem more vulnerable to systematic shocks
Bitcoin, Ethereum Technical Analysis: BTC Below $16,000 Amid Increased Market Volatility
21.11.2022
Bitcoin slipped below $16,000 on Nov. 21, as markets continued to react to the news that the FTX contagion had impacted yet another firm. Hong Kong-based crypto ATM firm Genesis Block halted its operations, as it looks to stabilize its liquidity pool. Ethereum was also lower, as prices remained...
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong
18.11.2022
Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services
Could Hong Kong really become China’s proxy in crypto?
17.11.2022
With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch
Hong Kong Regulator Calls for Tough Rules Despite Crypto Hub Ambitions
17.11.2022
Julia Leung, deputy CEO of Hong Kong’s Securities and Futures Commission highlighted DeFi as an area in need of regulatory solutions
First Mover Asia: FTX Debacle Might Change Hong Kong’s Approach to Retail Crypto Regulation; Bitcoin Shows Its Mettle
16.11.2022
The special administrative region of China wants to become a regional crypto hub, but FTX’s filing for bankruptcy protection could prompt regulators to tighten restrictions
Hong Kong Crypto Exchange AAX Re-opening Hinges on Capital Raise
15.11.2022
The Hong Kong exchange shuttered activity Sunday blaming turbulent markets, but has denied exposure to Sam Bankman-Fried's now-defunct FTX
Hong Kong Crypto Exchange AAX Reopening Hinges on Capital Raise
15.11.2022
The Hong Kong exchange shuttered activity Sunday blaming turbulent markets, but has denied exposure to Sam Bankman-Fried's now-defunct FTX
News Summary: Visa Pulls Plug on FTX Deal, New Rugpull, BCH May Become Legal Tender, Binance & Bitget Aim to Help Reduce FTX Impact
14.11.2022
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: News Summary: Visa Pulls Plug on FTX Deal, New Rugpull, BCH May Become Legal Tender, Binance & Bitget Aim to Help Reduce...
Hong Kong Crypto Platform Hbit's $18.1M Stuck in FTX
14.11.2022
In an announcement to shareholders on Monday, New Huo Technologies Holdings Limited, said regarding its subsidiary, that $13.2 million of the money belonged to clients, while, $4.9 million were Hbit assets
Government Official: FTX Collapse Will Not Stop Hong Kong Becoming Virtual Asset Hub
14.11.2022
The abrupt collapse of major crypto exchange FTX has shaken the cryptocurrency markets across the world, but it wil not hamper Hong Kong’s plans of establishing itself as a crypto hub, according to the city’s Financial Secretary Paul Chan. ...
Read More: Government Official: FTX Collapse Will...