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Report: Despite Price Volatility Blockchain and Crypto Jobs Are In Demand
Glassdoor Economic Research is delivering much needed good news to the crypto community saying that despite extreme price volatility and regulatory uncertainty, the number of crypto jobs in the blockchain and cryptocurrency sector has risen by 300 percent since the same time last year. дальше »
2018-10-19 21:27 | |
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Hong Kong to Propose Regulation for Cryptocurrency Trading
Hong Kong’s financial watchdog is looking to tighten investor protection by regulating cryptocurrency trading platforms. The Securities and Futures Commission (SFC), however, is limited by its legal regulatory reach of securities only, according to Carlson Tong Ka-shing, the outgoing chairman. дальше »
2018-10-16 02:30 | |
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Hong Kong To Introduce “Right Approach” Cryptocurrency Exchange Regulations
Hong Kong’s quick growth as a cryptocurrency hub is a major concern for financial regulators and needs the “Right Approach” says, outgoing Chairman of the city’s Securities and Futures Commission (SFC), Carlson Tong Ka-Shing. дальше »
2018-10-16 19:40 | |
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Crypto Trading Ban Won’t Work, Says Hong Kong’s Top Financial Regulator
Carlson Tong Ka-shing believes Hong Kong needs a more robust regulatory framework for cryptocurrency trading. The soon-to-be former head of the Hong Kong Securities and Futures Commission (SFC) has called for greater emphasis on investor protection in the volatile virtual currency trading arena. дальше »
2018-10-15 18:00 | |
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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin
GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY). дальше »
2018-10-10 02:10 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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Crypto.Com Will Ship Over 100,000 Crypto Visa Debit Cards in Asia in 2 Months
The Asian financial markets are preparing for a huge impact as Hong Kong based cryptocurrency start-up Crypto. com is getting ready to bring its cryptocurrency Visa debit card to the forefront. The company will be launching the continent’s first crypto debit card. дальше »
2018-10-7 20:29 | |
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BitMEX Hires Former HK Markets Regulator as COO
BitMEX, one of the world’s leading bitcoin trading platforms, has hired former financial markets regulator Angelina Kwan as the company’s new chief operating officer (COO). Kwan will oversee and drive the company’s growth, and will be based in Hong Kong, the company said on Tuesday. дальше »
2018-10-4 22:52 | |
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BitMEX Appoints Hong Kong Regulator to Position of Chief Operating Officer
In an effort to help them navigate the global regulatory landscape, BitMEX, one of the planet’s largest cryptocurrency exchanges, has appointed Angelina Kwan to the position of chief operating officer. дальше »
2018-10-3 00:00 | |
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BitMEX’s New COO Angelina Kwan Joins the Crypto Space at “An Exciting Time”
Angelina Kwan, former managing director and head of regulatory compliance for Hong Kong Exchange and Clearing, is taking on the position of COO of BitMEX, one of the largest cryptocurrency exchanges in the world, at a time when the challenges facing these exchanges are greater than ever. дальше »
2018-10-2 15:47 | |
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Cryptocurrency Mining Giant Bitmain Files for IPO in Hong Kong
Bitmain Technologies, the cryptocurrency mining firm co-founded by billionaires Jihan Wu and Ketuan Zhan, released public financial statements audited by KPMG on Wednesday, formalizing its desire to go public on the Stock Exchange of Hong Kong (HKEX). дальше »
2018-9-28 11:46 | |
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Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors
Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018. дальше »
2018-9-28 23:08 | |
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Former UBS Bankers Are Building a Crypto Bank in Switzerland
Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman. дальше »
2018-9-27 22:14 | |
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World’s Largest Crypto Mining Firm Bitmain Releases Financial Results, Plans To List In Hong Kong
The price of Bitcoin may have come tumbling down this year, but the world’s largest crypto mining hardware manufacturer has continued to rake in the big bucks. Bitmain released its financial results revealing that it had generated $2. дальше »
2018-9-27 21:17 | |
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Bitmain Releases First Public Financial Disclosures
On September 26th, mining firm Bitmain publicly disclosed its financial information for the first time. The move comes in anticipation of an IPO on the Hong Kong Stock Exchange. Bitmain, the Chinese giant of crypto mining, has publicly released its financial standings in a prospectus report on Wednesday. дальше »
2018-9-27 17:00 | |
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Bitcoin Cash (BCH) Pumps as Bitmain Looks Set to File IPO in Hong Kong
Bitcoin Cash experienced a significant surge on Wednesday (September 26, 2018) to take its price above $500. Today’s BCH price spike coincided with cryptocurrency mining behemoth, Bitmain, publishing its financial statements in preparation for an initial public offering (IPO) in Hong Kong. дальше »
2018-9-27 23:31 | |
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China Blockchain Pilot Includes Hong Kong, Macau, Guangdong
China is eager to explore digital ledger technology—as long as you don’t say “Crypto. ” The People’s Bank of China has officially launched testing of a finance blockchain project for three currency areas, The Asia Times reported earlier today. дальше »
2018-9-5 18:56 | |
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Hong Kong Vies to Become Blockchain Center with Expedited Skilled Migrant Process
The world’s major financial cities are waking up to blockchain’s disruptive potential, and while some are drafting regulations and consulting legal experts, cities like Hong Kong are making significant moves. дальше »
2018-8-30 04:00 | |
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BitMEX Rents World’s Most Expensive Skyscraper, Rising Status of Crypto Exchanges
Popular crypto exchange BitMEX, widely recognized for its Bitcoin and Ethereum margin trading system, has rented out the world’s most expensive skyscraper located in Hong Kong. Experts have said that the expansion of BitMEX from Seychelles to Hong Kong demonstrates an improvement in the status of crypto exchanges as regulated financial institutions in a rapidly. дальше »
2018-8-23 15:00 | |
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SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent
Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain. дальше »
2018-8-21 18:03 | |
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GFIN Plans to Create a “Global Sandbox” Blockchain and FinTech “Cross-Border Solutions”
Global Financial Innovation Network (GFIN) Plans To Create a “Global Sandbox” For “Cross-Border Solutions” Blockchain technology and distributed ledger technology have been earning more interest from multiple industries around the world. дальше »
2018-8-9 05:35 | |
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IOHK Launches Second Blockchain-Based Contract Testnet Called IELE
IOHK, a Hong Kong-based enterprise specializing in blockchain-based finance solutions, launched its second Cardano smart contract testnet dubbed “IELE” on July 30. IELE offers secure and efficient financial infrastructure to its potential users, in the form of a virtual machine designed to execute smart contracts on the Cardano blockchain. дальше »
2018-8-2 04:00 | |
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Supposed laundering of cryptocurrency money has London police taking actions
Earlier this year, Europol officials arrested 11 individuals and identified 137 others allegedly involved in a large-scale network for laundering drug money with cryptocurrencies as a part of its Tulipan Blanca operation. дальше »
2018-7-24 11:36 | |
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HSBC is ‘Cautious’ About Crypto and ‘Not Interested Now’ but Open to Change
HSBC Announces Partnership With Blockchain-Based Trade Platform In Hong Kong Cryptocurrency has been a sore subject for banks and other financial institutions for quite some time. There are many banks that have completely rejected crypto, even banning their customers from using their credit card to make purchases on any platform. However, there are other banks […] дальше »
2018-7-20 01:18 | |
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Hong Kong Launches the Largest Government-backed Blockchain-based Trade Platform
According to the Financial Times, Hong Kong’s Central Bank will be testing out a blockchain-based trade finance platform. The platform is linked to 21 different banks which include HSBC and Standard Chartered. дальше »
2018-7-17 22:53 | |
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Going Live by September Hong Kong’s Blockchain Trade Finance Platform
The Hong Kong Monetary Authority (HKMA), the autonomous Chinese territory’s de facto central bank, is poised to launch a live blockchain trade finance platform within two months. “The Trade Finance Platform is a blockchain project initiated by 7 banks in Hong Kong. дальше »
2018-7-16 20:37 | |
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Hong kong Block chain Finance Trade
Hong Kong’s de facto central bank will launch its own blockchain trade finance solution with 21 banks in August, Financial Times (FT) reported Sunday, July 15. The joint venture between the Hong Kong Monetary Authority and Chinese company Ping An Group’s fintech subsidiary OneConnect aims to substantially reduce paperwork, costs security risks for participants, FT дальше »
2018-7-16 18:36 | |
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Hong Kong Launches the Largest Government-backed Blockchain-based Trade Platform
According to the Financial Times, Hong Kong’s Central Bank will be testing out a blockchain-based trade finance platform. The platform is linked to 21 different banks which include HSBC and Standard Chartered. дальше »
2018-7-16 09:33 | |
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Philippines Embraces Cryptocurrency: Exchanges Issued Provisional Licenses
The Philippines Cagayan Economic Zone Authority (CEZA) announced it granted three cryptocurrency exchanges provisional license to operate. All three are foreign-based, including two from Hong Kong and one from Thailand. дальше »
2018-7-11 12:35 | |
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Hong Kong SFC Says It’s Keeping a Close Watch on ICOs
Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), says they are keeping a close watch on cryptocurrencies and initial coin offerings (ICOs), as stated in the 2017–2018 annual report titled “Regulation for Quality Markets,” released on June 27. дальше »
2018-6-30 13:34 | |
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Hong Kong is seeking to increase DLT usage in commercial funds
Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, is planning to work with regulators in Abu Dhabi to develop a cross-border trade finance system that is built with distributed ledger technology (DLT). дальше »
2018-6-27 12:35 | |
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Alibaba’s Jack Ma Says Bitcoin Is a Potential Bubble, Blockchain Could Change the World
Jack Ma, a Chinese business magnate with a net worth of $42 billion, according to Forbes, said Bitcoin is potentially a bubble. His comments come as his financial services company, Ant Financial, launched blockchain-based money transfers between Hong Kong and the Philippines. дальше »
2018-6-25 21:00 | |
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Offshoot of Alibaba Tests First Blockchain Remittance to Philippines, Aiming for Global
Alibaba subsidiary Ant Financial has trialled its first blockchain remittances, sending a transaction in three seconds, Bloomberg reports June 25. The company, formerly known as AliPay, completed a funds transfer between its AliPayHK app in Hong Kong and Filipino payment app GCash, its joint project with local telecoms company Globe Telecom. Part of a growing дальше »
2018-6-25 17:38 | |
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AliPay CEO Jack Ma Confirms Successful 3-Second Blockchain Remittance
Jack Ma’s Ant Financial (AliPay) has revealed it has successfully trialled a new Blockchain remittance service which it plans to expand throughout the world. Ma: Blockchain Remittances Will Go Global As online news resource cnLedger reported on Twitter June 25 quoting Chinese cryptocurrency news media, the company formerly known as AliPay developed and piloted its “first blockchain-based electronic wallet cross border remittance service” between Hong Kong and the Philippines. дальше »
2018-6-25 13:00 | |
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