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China’s Crypto Ban Prevents Exposure to Hong Kong’s Bitcoin, Ethereum ETFs
Mainland Chinese investors are likely to be excluded from Hong Kong’s newly approved Bitcoin and Ethereum ETFs due to China’s rigorous crypto ban, posing challenges to potential market impacts. The post China’s Crypto Ban Prevents Exposure to Hong Kong’s Bitcoin, Ethereum ETFs appeared first on BeInCrypto. дальше »
2024-4-19 18:45 | |
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Venezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report
Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions. According to an investigation by Spanish newspaper ABC, President Nicolas Maduro and his administration are using a digital wallet app called Jetman Pay to convert tax revenue from one of the country’s main airports into Bitcoin and other cryptocurrencies. дальше »
2019-7-26 14:02 | |
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China May Adopt a “Hong Kong Style” Cryptocurrency, Instead of Libra, Per Ex-Central Bank Governor
After the release of the whitepaper for Facebook’s Libra cryptocurrency, governments around the world have brought up concerns. Some have already stated that they will not allow Libra to be used within their economy, while others simply want clarity on the regulations already in place. дальше »
2019-7-12 00:41 | |
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Hong Kong: SFC Regulation Mandates Crypto Exchanges to Have their Funds Insured
A new diktat by Hong Kong’s financial watchdog has put the global financial hub’s cryptocurrency exchanges and custodians in a spot of bother as they are now required to fully insure the risks of hacking and theft associated with digital currencies, South China Morning Post reports, June 23, 2019. дальше »
2019-6-24 15:00 | |
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Blockchain is the fastest growing skill in Singapore, says LinkedIn
Blockchain is one of the fastest growing skills among workers in the Asia Pacific (APAC) region, according to a LinkedIn report published Wednesday. LinkedIn analyzed the skills listed by its members from the APAC region over the last five years to identify the top 10 rising skills. дальше »
2019-6-19 12:52 | |
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A Look into Top 50 Crypto Mining Pools From Around The World: China, The US And Hong Kong Leaders
Having discovered the power of mining in numbers, mining pools are increasingly solidifying the place as the backbone of the entire crypto ecosystem. These pools inherited duty-to-fuel transactions, besides now being something of a rubberstamp, guaranteeing absolute credibility. дальше »
2019-6-19 00:14 | |
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Hong Kong pushes up Bitcoin (BTC)
The expected correction of Bitcoin after the rapid growth at the weekend did not happen. The reason – the jaw-dropping and unrelenting protests in Hong Kong. Hong Kong is afraid of yuan How can protests in the territory returned to China affect crypto? Hong Kong returned to its “home port” on July 1, 1997, shaking […] дальше »
2019-6-18 15:03 | |
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Hong Kong Paying a Premium for Bitcoin That Beijing Can’t Stop
BTC in Hong Kong is currently trading $175 above its spot price according to other Bitcoin indexes, as political instability is driving demand for a safe haven. Hong Kong Protesters Seek Safety in Bitcoin Bitcoin demand in Hong Kong is starting to surge as an increasing amount of citizens are seeking refuge in the decentralized currency. дальше »
2019-6-18 23:00 | |
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China, U.S and Hong Kong account for 70% of the world’s mining pools, report reveals
Mining pools have been the backbone of the crypto-ecosystem, owing to their inherited duty to fuel transactions and ensure immutable credibility. Given the power mining pools hold in the space, countries like China, U. дальше »
2019-6-17 18:00 | |
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Amazon & Alibaba Trade Blows in War for China’s E-commerce Throne
Trade war or not, Amazon intends to challenge Alibaba’s dominance in China’s e-commerce industry. The Jeff Bezos-led company is on a hiring spree in China. Not to be outdone, Alibaba plans to raise up to $20 billion through a listing in Hong Kong. дальше »
2019-6-14 17:17 | |
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Telegram founder claims China hacked the app to disrupt Hong Kong protesters
As Hong Kong battles against the proposed extradition bill that would China more power over the autonomous territory, protesters in the city are said to have experienced an outage of Telegram‘s encrypted messaging service yesterday – and Beijing may have had something to do with it. дальше »
2019-6-13 08:50 | |
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Telegram founder claims China disrupted the app to sabotage Hong Kong protesters
As Hong Kong battles against the proposed extradition bill that would China more power over the autonomous territory, protesters in the city are said to have experienced an outage of Telegram‘s encrypted messaging service yesterday – and Beijing may have had something to do with it. дальше »
2019-6-13 08:50 | |
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What Is OK Exchange? Introduction to OKEx and OKB Token
What Is the OK Exchange? OKEx is one of the leading cryptocurrency exchanges in the world, but you may not recognize it if you live in the U. S. , Hong Kong, or or one of the other nearly 20 countries it doesn’t service. дальше »
2019-5-29 22:56 | |
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Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital
By CCN: Binance CEO Changpeng Zhao — who is still reeling after a $54 million bitcoin hack — is suing Sequoia Capital China, a unit of California-based venture capital firm Sequoia Capital. In his May 20 legal filing with the High Court in Hong Kong, Zhao claims Sequoia Capital China prevented him from raising capital between Dec. дальше »
2019-5-24 02:00 | |
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China-based Blockchain Investment Firm Diversifies with Cannabis
A Chinese blockchain investment firm listed in Hong Kong recently announced that it was looking at the cannabis sector following bitcoin’s price struggles in 2018. As reported by South China Morning Post, the company says it wants to diversify its investment portfolio. дальше »
2019-5-3 23:00 | |
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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. дальше »
2019-4-27 22:07 | |
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Post Foldgate, Samsung reportedly delays Galaxy Fold launch in China
Samsung has reportedly postponed the launch events for its $2,000 Galaxy Fold smartphone in Hong Kong and Shanghai, according to reports by SamMobile and Engadget. The press events were originally scheduled for April 23 and 24. дальше »
2019-4-22 11:20 | |
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Hong Kong: ICO & STO Only For The Rich Investors With At Least $1M In Portfolio – The Type Of Regulation Crypto Really Needs?
Recently, China’s Beijing Finance Industry Association released a notice saying that all individuals and banks must stop engaging in… The post Hong Kong: ICO & STO Only For The Rich Investors With At Least $1M In Portfolio – The Type Of Regulation Crypto Really Needs? appeared first on Invest In Blockchain. дальше »
2019-4-1 10:37 | |
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Cryptocurrency Mining Giant Bitmain Officially Gives up on Going Public in Hong Kong
Bitmain Technologies, a Chinese based chip maker of specialized cryptocurrency mining machines, has shelved its plans to list on the Hong Kong Stock Exchange due to a number of reasons including staff lay-offs, a protracted bear market, and management restructuring reported the South China Morning Post on March 26. дальше »
2019-3-27 20:29 | |
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Tencent Financial Academy Works With University Of Hong Kong To Pursue Fintech R&D Projects
Tencent Financial Academy Collaborates With University Of Hong Kong To Pursue Fintech R&D Projects Tencent, a major IT giant in China, is the home of its subsidiary Tencent Financial Academy, which just decided to collaborate with the University of Hong Kong. дальше »
2019-3-8 22:57 | |
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GAX (Global Asset Exchange) Announces Tokenized Asset Exchange at Hong Kong Blockchain Week
Leading blockchain company Skrumble Technologies announces the launch of the first regulated security token trading exchange at Hong Kong Blockchain Week. HONG KONG, CHINA – March 6, 2019 – Global Asset Exchange (GAX) is an institutional-grade trading exchange for buying and selling regulated securities (STOs) from around the world. дальше »
2019-3-6 16:28 | |
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The ‘Make it Rain’ Entrepreneur from Hong Kong is Arrested For Filecoin Crypto Mining Fraud
Wong Ching-kit, a 25-year-old businessman from Hong Kong was recently arrested after being accused of a crypto mining-related fraud scheme. According to the local media outlet China Morning Post, the man got famous before the arrest for throwing money to the people in the street from a high commercial building in the city. Ching-kit was […] дальше »
2019-3-1 05:06 | |
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Hong Kong: Crypto Trading Platform Coinsuper Targets Institutional Investors
Hong-Kong based cryptocurrency exchange platform Coinsuper is set to readjust its business compass towards institutional investors in the emerging asset class, reports South China Morning Post, February 24, 2019. дальше »
2019-2-26 20:00 | |
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Hong Kong’s C Block Capital Partners With Securitize For Security Token Offering Compliance In China
Securitize Has Gone Ahead To Partner With The C Block Capital For The Asia Region The Securitize platform, which has been established as a compliance platform together with a protocol that is used for adequately issuing plus managing the digital securities within the blockchain technology has partnered with the C Block Capital. The C Block […] дальше »
2019-2-19 21:33 | |
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Securitize partners with C Block Capital for Asia region STOs
Securitize, a compliance platform and protocol for issuing and managing digital securities on the blockchain, and C Block Capital, a private international investment group headquartered in Hong Kong, today announced a strategic partnership to bridge the traditional and digital capital markets in the Greater China... Source дальше »
2019-2-20 05:07 | |
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Securitize partners with C Block Capital for China STOs
Securitize, a compliance platform and protocol for issuing and managing digital securities on the blockchain, and C Block Capital, a private international investment group headquartered in Hong Kong, today announced a strategic partnership to bridge the traditional and digital capital markets in the Greater China... Source дальше »
2019-2-19 05:07 | |
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Shocking ‘Near Zero Growth’: Hong Kong is Another Loser in the US-China Trade War
Eric Lam reports for Bloomberg: “The trade war between the U. S. and China and slowing retail sales dragged Hong Kong’s economic growth down at the end of last year, with exports showing almost ‘zero growth. дальше »
2019-2-18 13:19 | |
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Chinese Crypto Exchanges Seek Backdoor Listings in Hong Kong
As the bear market continues with no signs of a change in trend crypto exchanges and mining giants in China seek ways to stay afloat. One method which has been increasing is a reverse merger in Hong Kong as IPO hopes fade. дальше »
2019-1-26 12:00 | |
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Hong Kong Cryptocurrency Entrepreneur Accused of Scamming Investors of Millions
On January 7, 2019, The South China Morning Post reported that several residents had been duped of over HK$3 million (~$382,000) in a crypto mining scheme by entrepreneur Wong Ching-kit. Backstory: Face of a Mining Operation Wong Ching-kit, a cryptocurrency entrepreneur, has been accused of running a scam by several Hong Kong residents who accuse him of making away with just under. дальше »
2019-1-9 12:00 | |
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Report: Bitcoin Mining Equipment Manufacturer Canaan is Considering U.S. IPO
China’s number-two Bitcoin mining equipment manufacturer, Canaan, is reportedly considering an initial public offering (IPO) in the United States. The new development comes after the company shelved plans to go public in Hong Kong just a few months ago. дальше »
2019-1-9 02:00 | |
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Hong Kong Crypto Mining Marketer Accused of Fraud in ‘Filecoin’ Investor Scheme
January 6th, South China Morning Post (SCMP) reported on a possible investment scheme created by Wong Ching-kit that may have duped Hong Kong based investors out of millions. The “Coin Young Master” (Wong) runs various online groups to promote cryptocurrencies, from Facebook pages to the self-proclaimed co-founding of “File Cash Coin”. He is being accused […] дальше »
2019-1-7 21:33 | |
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Bitcoin playboy who ‘made it rain’ accused of HK$3M fraud
You might remember Wong Ching-Kit, the self-styled Bitcoin ‘millionaire’ behind last month’s outlandish publicity stunt, which saw thousands of dollars rain from the sky in one of Hong Kong‘s poorest neighbourhoods. дальше »
2019-1-7 16:57 | |
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Hong Kong: BitMEX and Wine Retailer May Purchase Stake in Japanese Cryptocurrency Exchange
Madison Holdings Group, a Hong Kong Exchange (HKEX)-listed French wine trading company, is planning to acquire a stake in Japanese cryptocurrency exchange BitOcean in partnership with crypto-derivative trading platform BitMEX, reported South China Morning Post on December 26, 2018. дальше »
2018-12-27 04:00 | |
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Layoffs Underway Amid ‘Adjustments,’ Bitcoin Miner Bitmain Confirms
Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices, the company confirmed Tuesday. дальше »
2018-12-25 19:00 | |
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Hong Kong Plans to Tighten Regulations on Crypto Industry
In an attempt to fight fraud, money laundering, and other issues regarding cryptocurrencies, the Securities and Futures Commission (SFC) of Hong Kong is planning for stricter regulations surrounding exchanges and other crypto bodies, according to the Nikkei Asian Review. дальше »
2018-12-18 20:24 | |
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Hong Kong Set to Tighten Cryptocurrency Rules
The Hong Kong authorities are looking to regulate the cryptocurrency sector more strictly. According to the latest news report by Nikkei Asian Review, the authorities are planning to bring crypto-related entities under the Securities and Futures Commission. дальше »
2018-12-17 18:29 | |
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Hong Kong: Bitcoin ‘millionaire’ throws money from rooftop, gets arrested
A supposed Chinese cryptocurrency millionaire has been arrested after throwing stacks of HK $100 ($12) bills from the rooftop of a building in one of Hong Kong’s poorest districts. Self-styled Bitcoin millionaire Wong Ching-Kit announced the bizarre stunt via Facebook. дальше »
2018-12-17 16:18 | |
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Hong Kong Blockchain Startup Hires China’s Bitcoin Evangelist After He “Quits”
Although China has continued to relentlessly clamp down certain subsets of the crypto industry, the nation’s blockchain scene continues to swell at an unbridled pace, backed by hotshot entrepreneurs, billions in Renminbi (China’s currency), and world-renowned incubators and venture capital consortiums. дальше »
2018-12-5 15:00 | |
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Bitcoin Futures Continue Being a “Buyers Beware” Market for Investors in Hong Kong
Ambiguity regarding cryptocurrency regulations in Hong Kong continues to be an Achilles heel for investors in the new asset class, as they cannot officially seek the help of the state’s financial regulator for redressal, reports South China Morning Post, November 26, 2018. дальше »
2018-11-27 00:00 | |
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InVault Launches Cryptocurrency Custodian Service in Hong Kong as New Regulations Emerge
Invault, a Shanghai-based cryptocurrency custodian service, recently launched after Hong Kong imposed new regulations on cryptocurrency exchange platforms and fund managers, requiring them to protect and safeguard their clients’ virtual assets, according to South China Morning Post’s on November 25, 2018. дальше »
2018-11-27 10:00 | |
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Hong Kong Crypto Trader: China Crackdown On Bitcoin Is Overstated
China’s Crackdown On Crypto Has Been “Very Shallow” Since Bitcoin’s run-up in 2017, many have bashed China for its rapid shift to be averse towards this innovation, with cryptocurrency proponents quickly bashing the nation for its close-mindedness. дальше »
2018-11-26 05:45 | |
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Crypto exchange Bithumb launches payment service with e-commerce company Qoo10
On November 7, South Korea’s cryptocurrency exchange Bithumb announced it had partnered with Asian e-commerce giant Qoo10 to provide a cryptocurrency payment service. Qoo10 is a leading South Korean e-commerce company in pan-Asian markets such as Singapore, Hong Kong, China, and Indonesia. дальше »
2018-11-9 18:22 | |
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Hong Kong Unveils Regulatory “Sandbox” for Cryptocurrency Trading Platforms and Exchanges
Hong Kong unveiled a new set of regulations aimed at governing the local cryptocurrency trading and funding market in a move that seeks to improve investor protection and the city’s status as a premier financial hub. дальше »
2018-11-3 13:00 | |
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Hong Kong Exchanges and Clearing Adopts Blockchain Technology
Hong Kong Exchanges and Clearing (HKEX), China’s publicly-traded holding company that claims to be one of the most extensive market operations in the world, is developing a distributed ledger technology (DLT) powered platform aimed at helping international investors trade mainland Chinese shares via the Hong Kong Stock Connect platform, reported Channel NewsAsia on October 30, 2018. дальше »
2018-11-2 06:00 | |
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Hong Kong Securities Regulator Promises to Regulate Crypto Investment Funds
The Securities and Futures Commission (SFC) of Hong Kong has claimed that it will include crypto funds under its regulatory umbrella. The SFC issued a statement on November 1, 2018, laying out its new approach for regulating virtual assets in the future. дальше »
2018-11-2 00:40 | |
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