OKCoin removes BSV, BCH from platform; CEO disturbed by Craig Wright’s claims

San Francisco-based OKCoin’s CEO, Hong Fang announced that the network is removing Bitcoin Cash (BCH) and Bitcoin SV (BSV) from 1 March 2021. Fang said her team could no longer ignore “the malThe post OKCoin removes BSV, BCH from platform; CEO disturbed by Craig Wright’s claims appeared first on AMBCrypto.

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Hong Kong’s Bitcoin trading ban could see users turn to ‘unregulated’ platforms

Hong Kong’s crypto users could shift to “unregulated” and riskier venues to trade their digital assets should the government move forward with tighter controls on the rising sector, a group of crypto exchange owners said over the weekend.

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Crypto Exchanges Say Hong Kong’s Ban on Retail Crypto Trading Could Be Counterproductive

Some major cryptocurrency exchanges have expressed concern regarding Hong Kong’s proposal to ban retail investors in the city from participating in crypto activities, stating that it could have an adverse effect.

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Industry Group Says Hong Kong’s Proposed Crypto Rules Could Drive Traders Underground

Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance.

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Exchanges warn that Hong Kong's crypto retail trader ban could backfire

Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong.

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Hong Kong crypto group warns new law will restrict people’s access to Bitcoin

Crypto proponents in Hong Kong say incoming cryptocurrency regulations could preclude citizens from using Bitcoin ATMs.

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Cardano (ADA) developers say DeFi could be integrated soon

Input-Output Hong Kong (IOHK) has been in the news lately, as the developer of Cardano (ADA) could be adding DeFi protocol to its new platform ideas. The Cardano project began in 2015 and was managed by Ethereum (ETH) when it was launched.

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World’s dominant crypto futures market could face regulatory shake-up

Hong Kong appears to be tightening the screws on unregulated crypto exchanges.

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Qtum is Running from Google Cloud Servers, Operation Costs Shrinks 30%

Qtum, a project focusing on simplicity and superior client experience, is now running from the Google Cloud infrastructure distributed across the United States, Hong Kong, and Europe.   Leveraging the Google Cloud Roughly a year after announcing and launching a proprietary software that could cheaply run on the cloud server, Qtum now says the cost of node deployment hasRead MoreRead More.

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Is China Pressuring Hong Kong to Crack Down on Cryptocurrency?

There is an adage in the cryptocurrency space that goes something like; ‘You know it’s a bull run when China bans Bitcoin again’. It was Hong Kong tightening the screws this time, but it appears to be acting in the shadow of its overpowering neighbor and many of the world’s biggest exchanges could be affected.

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U.S Senate Sanctions Following the Hong Kong Security Law Could Affect Crypto Brokerages

The U. S Senate sanctions that were passed in response to the Hong Kong security law might affect crypto brokerage operations. Dubbed the ‘Hong Kong Autonomy Act,' this senate bill aims to reprimand China for eroding the city's autonomy, which had long favored its position as a financial hub.

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Hong Kong’s National Security Law Could Threaten Local Crypto Brokerages

The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy.

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Will Hong Kong’s New Cryptocurrency Influence Region’s Economic Recovery?

Coinspeaker Will Hong Kong’s New Cryptocurrency Influence Region’s Economic Recovery?The creation of a digital fund could help Hong Kong to source new streams of investment both domestically and overseas, so being proactive in this respect and taking steps to regulate the space could afford the region a competitive edge.

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US-China Tensions and Bitcoin on the Rise

The United States is threatening China with fresh sanctions over the new security law imposed in Hong Kong. As relations between the two countries sour, Bitcoin could benefit from an... The post US-China Tensions and Bitcoin on the Rise appeared first on Crypto Briefing.

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U.S. Sanctions against China Tailwind for Bitcoin’s Bullish Moves

Bitcoin anticipates market growth as White House National Security Advisor Robert O’Brien threatens China with economic sanctions over Hong Kong national security law. The warning could lead the People’s Bank of China to devalue yuan that, according to Naeem Aslam of AvaTrade, could prove disastrous for all currencies.

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Tensions are Rising Again Between the US and China; Will This Boost Bitcoin?

The US and China are once again seeing heightened tensions amidst a new push by the Chinese government to grab power within Hong Kong The Chinese President is now noting that he feels “threatened” by comments made by the US President, and it does appear that these tensions could soon escalate further This comes as investors are largely fleeing assets that could be impacted by further economic turmoil Bitcoin could be the big winner of […]

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China Could Move From Digital Yuan to Regional Stablecoin with Hong Kong as the Epicenter

China’s interest in blockchain and state-issued cryptocurrencies is hitting new highs each week. The country has already earmarked a blockchain zone, piloted its CBDC project, and put friendly energy regulations in place for miners.

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Hong Kong’s Hang Seng Index Plunges 5.5% as Beijing Plans to Impose New Security Laws

Coinspeaker Hong Kong’s Hang Seng Index Plunges 5. 5% as Beijing Plans to Impose New Security LawsChina is poised to pass new national security laws for Hong Kong that could plunge the semi-autonomous territory into its deepest turmoil since it returned to Chinese rule in 1997.

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FTX CEO: Bitcoin price might have gone to zero if BitMEX hadn’t gone offline

The CEO of Hong Kong-based crypto derivatives exchange FTX has speculated that if BitMEX had not gone offline on account of “hardware issues” Friday morning, the price of Bitcoin could have crashed to zero.

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Hong Kong Now Has Its First Licensed Crypto Lender

Crypto lending startup Pawnhub has just become Hong Kong’s first fully licensed and insured crypto lender. Pawnhub also has offices in Switzerland, the UK, Taiwan, and Thailand, so this could be huge news.

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Blockchain Tech Could Help Tackle Coronavirus, Says Expert

Blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic, a Hong Kong academic argues

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China’s Top Private Bank Chair: Blockchain Tech Adoption Will Upgrade All Areas Of The Economy

China’s Blockchain potential could be unleashed to boost agriculture, finance and manufacturing, Chairman of Minsheng Bank states. In a report published on the Economic Information Daily, a China based publication, the Chairman of the first Bank in China to adopt blockchain technologies, Minsheng Bank, Hong Qi, said the world of blockchain, digital currencies and decentralized […]

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Hong Kong Bill Could Be Nail in Coffin for US-China Trade Deal

Trump will likely sign a bill supporting Hong Kong protests, according to…

The post Hong Kong Bill Could Be Nail in Coffin for US-China Trade Deal appeared first on CCN.com

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China's digital Yuan could be surveillance tool for govt: HK protest app's admin

Demand for cryptocurrency has soared in protest-fuelled streets of Hong Kong. The organizers of the protests saw themselves monitored after Chinese servers attacked social networking site Telegram.

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US Interference in Hong Kong Protests Could Hinder China Trade Deal

Hong Kong protests are escalating, which has pushed U. S. lawmakers to ‘hotline’ the Hong Kong Human Rights and Democracy Act. Trump is unlikely to block the bipartisan bill, which could anger Beijing and stall trade talks.

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Hong Kong Brings License to Crypto Exchanges

Opt-in based framework; limited impact expected. Still PI only. Overview Hong Kong is stepping up its efforts to formally regulate cryptocurrency exchanges in the city. The Securities and Futures Commission just released a newly drafted regulatory framework, which allows the securities watchdog to issue licenses to crypto trading platforms.

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This Crypto Related Stock Surged 67% after Xi Jinping’s Blockchain Push

Hong Kong investors increased their exposure in a blockchain firm after China’s premier Xi Jinping endorsed the technology in his Friday speech. The stock value of Pantronics Holdings Limited (1611:HK), a Hong Kong-based electronic product manufacturing firm, climbed by up to 67.

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NBA stands to lose billions as China lashes out over tweet supporting Hong Kong

The NBA boasts some 600 million fans in China and rakes in billions of dollars from lucrative TV and merchandising contracts with the PRC. But that could all change because of a single tweet. Daryl Morey, the general manager of the Houston Rockets, took to Twitter last week in support of the people of Hong Kong.

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Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed

Colonial-era law has been imposed in Hong Kong causing the economic situation to degrade further, with empty ATMs and bank runs becoming a new norm. Protestors and non-protestors alike fear the martial law-like ERO (Emergency Regulations Ordinance) could eventually grind the city’s financial activity to an unprecedented halt.

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Bitcoin could address the cash savings crisis in Hong Kong and India

With Hong Kong facing a shortage of cash due to defunct ATMs and the crash of PMC Bank in India leaving almost a million people without access to their accounts, Bitcoin could emerge as the savior of those facing financial crises.

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Hong Kong: More Businesses Accepting Bitcoin Days After Protest Leaders Urged For A Bank Run

The ongoing protests in Hong Kong could be termed as a blessing in disguise for crypto worshippers as they have seen mainstream adoption of cryptos soar in the recent past. According to Yahoo Finance, the political and economic turmoil in the city that is now in its 12th week, has seen various retail outlets and […]

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Ethereum is a Technological Dead End, Says Samson Mow

Controversial bitcoin maximalist Samson Mow described Ethereum as “a technological dead-end” after the digital ledger project ran out of capacity.   Ethereum Struggles With Congestion Again The network utilization of Ether, Ethereum’s native asset, soared above 90 percent, according to data provided by Etherscan.

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Alibaba Decided to Delay Its Hong Kong Share Listing

Coinspeaker Alibaba Decided to Delay Its Hong Kong Share ListingAlibaba has delayed plans to list its stock in Hong Kong. The Chinese tech company already trades publicly in New York, but was reported to have been considering a second listing that could raise as much as $15 billion.

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Hong Kong Protests Continue Fueling Money Flight, Will it Affect Bitcoin?

Anti-government demonstrations entered their eleventh week with a defiant march in Hong Kong’s Central district on Sunday. The threat of violence and civil unrest has led to increasing uncertainty over the city’s future.

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Bitcoin Could Get Major Boost From Hong Kong As Protesters Prepare To Attack The Financial System

The Chinese government has in 2019 been giving Bitcoin all the ammunition it needs to rally. While Beijing is doing this unconsciously, political and economic struggle in the country has seen Bitcoin’s popularity rise exponentially.

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Billionaire investors: Bitcoin rally fueled by US-China currency war and tension in Hong Kong

Amidst intensifying geopolitical risks and growing uncertainty in the global financial market, heavyweight investors like Michael Novogratz and Travis Kling foresee Bitcoin emerging as a viable alternative store of value.

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Hong Kong Protests Could Boost Bitcoin as Wealthy Move Assets Offshore

Bitcoin could be boosted by the current political unrest Hong Kong as the upper and middle classes are reportedly starting to move their assets offshore. Hong Kong Begins Moving Wealth Offshore Fears over the hated extradition bill, whose introduction the Hong Kong government has only suspended but declined to withdraw, are causing the wealthy to start moving their capital from Hong Kong to offshore.

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Cash Is King In Hong Kong As Thousands Choose Financial Privacy

Hong Kong is waking up to the benefits of financial privacy using cash, reports claim, as protesters seek to hide their movements and identity. Hong Kong Pays Cash To ‘Avoid Tracking’ According to various reports surfacing on social media this week, participants in the ongoing rallies against the Hong Kong government are choosing to abandon payment methods which could track them.

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Is HSBC Bank Blocking All Users’ Bitcoin Purchases and Cryptocurrency-Related Transactions?

HSBC could be blocking crypto-related purchases Several financial institutions have taken similar measures in the past The British multinational banking company, the Hong Kong and Shanghai Banking Corporation (HSBC), seems to have been halting crypto-related transactions.

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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics

Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.

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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem

Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server).

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Bitfinex Scraps Its $10,000 Minimum Balance Rule

Bitfinex is now open to every trader as the Hong Kong-based cryptocurrency exchange has removed its $10,000 minimum balance rule. Citing a rising demand from retail traders who couldn't trade on the platform due to the requirement, Bitfinex CEO Jean-Louis van der Velde said the platform is now ready for a “new wave of customer accounts,” according to a company Medium post.

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Bitcoin Dev Demos the First Lightning-Enabled Bitcoin ATM

At the Bitcoin Association of Hong Kong’s Lightning Hack Day on March 31, 2019, Bitcoin developer Felix Weis presented a successful demonstration of his Lightning-enabled plugin for a Bitcoin ATM.

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Bitmain Announces Antminer s17 Date: Can It Turn the Company’s Fortunes Around?

Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17.

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Bitmain’s IPO Filing Has Expired

Bitmain’s long-anticipated initial public offering (IPO) filing with the Hong Kong Stock Exchange is officially a bust. The mining titan’s IPO expired on Tuesday, March 26, 2019.

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Dow Should Rally as Chicago Fed Forecasts No Rate Hikes Until 2020

According to the Wall Street Journal, Chicago Fed President Charles Evans said at the Credit Suisse Asian Investment Conference in Hong Kong that he does not foresee the Federal Reserve increasing its benchmark interest rate until 2020, which could benefit the Dow Jones in the long run.

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Years after brutal $2M hack, Gatecoin cryptocurrency exchange is dead

Seminal cryptocurrency exchange Gatecoin is dead. It’s finally going into liquidation, years after it lost $2 million in cryptocurrency belonging to its customers. Gatecoin was one of the first regulated digital asset exchange services to spring up.

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Valued At $1 Billion, Canaan Creative Is Encroaching on Bitmain’s Dominance

ASIC chip manufacturer Canaan Creative is closing the gap between itself and industry leader Bitmain after a massive infusion of capital. In its latest funding round, the Chinese mining company has raised several hundred millions of dollars, Chinese publication Securities Times reports.

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BitMex Insurance Fund Can Finance 51% Attack on Bitcoin Cash For a Year

Hong Kong-based trading platform BitMEX owns so much Bitcoin that it could launch multiple 51 percent attacks against some altcoins for months. Bitcoin Insurance Fund Worth $76 Million Those were the results of calculations from social media commentators this week as it emerged BitMEX’s Insurance Fund now contains 21,350 BTC ($75.

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