2023-6-26 18:25 |
Hong Kong's banking icon HSBC now allows Bitcoin and Ethereum ETF trading origin »
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The financial services giant has been short on specifics, and the mystery underscores the difficulties in defining what belongs in such products; ether also falls.
2022-4-11 02:18 | |
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Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients another option for issuing security tokens.
2020-4-5 22:18 | |
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The exchange has opened a fiat gateway for Hong Kong dollars, serving a jurisdiction in which banking services for crypto firms are notoriously tough to find.
2020-2-25 13:46 | |
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International banking giant, HSBC, has decided to lock down 19 ATM clusters in Hong Kong due to vandalism from protestors. Bitcoin is just one example of an alternative financial solution for HK citizens during the ongoing crisis.
2020-1-7 19:55 | |
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In another example of the growing appeal of virtual banking in Hong Kong, six licensed virtual banks in the city have joined the Hong Kong Institute of Bankers (HKIB). Virtual Banks Join HKIB In a press statement issued by HKIB on Thursday (January 2, 2020), Hong Kong’s banking training and certification institute announced the addition of six new members to its ranks.
2020-1-3 18:00 | |
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Following the recent freezing of around US$9 million of donations to the Hong Kong protest movement, demonstrators have now turned their attention towards financial censorship. With hostility against the banking industry rising, Bitcoin, as a censorship resistant asset, may well stand to benefit.
2019-12-25 23:00 | |
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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.
2019-6-3 10:21 | |
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Banks and the cryptocurrency world have been at odds ever since the latter emerged a decade ago. From initially shrugging decentralized currency off as a mere distraction, now the disruptive force has irked the banking industry with the seventh largest bank in the world, HSBC rumored to be halting cryptocurrency transactions.
2019-6-1 11:00 | |
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When I visited some early bitcoin startups in Hong Kong five years ago, they were unanimous about their biggest challenge: finding a bank that would let them open an account.
2019-5-6 07:00 | |
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One of the first regulated cryptocurrency exchanges, Gatecoin, has officially been taken over by liquidators following a series of hacks and banking problems. In a document sent to creditors of the exchange late last week, the liquidators state that “all powers of the directors of Gatecoin have ceased and the directors no longer have any authority to deal with the assets and/or undertakings of Gatecoin.
2019-4-1 11:45 | |
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Gatecoin, a cryptocurrency exchange based in Hong Kong, has announced that it is shutting down and entering liquidation following failed attempts at recovering lost funds stemming from a dispute with a past payment services provider.
2019-3-17 20:00 | |
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Nowhere does the phrase ‘misfortunes don’t come singly’ appear to be truer than in the case of Hong Kong-based cryptocurrency exchange Gatecoin which has been hacked, had its banking accounts frozen, lost funds to a payment processor and now faces liquidation all in a span of three years.
2019-3-15 15:34 | |
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Gatecoin Cryptocurrency Exchange Calls It Quits After Six Years. Gatecoin, a Hong Kong-based cryptocurrency exchanged founded in 2013 by Aurelien Menant, a former investment banking expert, has announced it is now bankrupt and would end operations with immediate effect, according to a statement by the firm on March 14, 2019. End Of The Road For […]
2019-3-15 23:22 | |
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Hong Kong-based exchange Gatecoin, which was hacked in 2016, has officially received a court liquidation order, the company reported
2019-3-14 17:50 | |
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What Is PAOcard? Created by the People Allocate One Card International Group Co. Limited based in Hong Kong, PAOcard is a next generation banking service that combines the traditional currencies with all the major cryptocurrencies.
2019-3-5 12:57 | |
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Since the establishment of the first crypto-to-fiat platform, exchanges have been subject to intense scrutiny from banks, regulators, and most importantly, the consumers and investors themselves. Despite its veteran status in this nascent industry, Bitfinex isn’t exempt from this scrutiny, as a few too many controversies have rocked the Hong Kong-based startup over its near-six-year history.
2018-10-13 15:46 | |
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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).
2018-10-10 02:10 | |
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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.
2018-10-10 23:38 | |
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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.
2018-10-9 00:43 | |
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A Hong Kong firm recently joined Swiss cryptocurrency investment bank, SEBA crypto AG, in its series A fundraising. Hong Kong Firm Keen on Cryptocurrency Investment Banking Summer Capital, a Hong Kong firm, decided to invest in SEBA Crypto AG’s Series A funding.
2018-10-8 15:23 | |
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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.
2018-9-27 22:14 | |
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The Hong Kong Monetary Authority, the region’s currency board and central bank, is set to launch a live blockchain-based trading platform in September. The banking project is backed by HSBC, Bank of China, ANZ, DBS Bank, Bank of East Asia,… The post Hong Kong’s Banking Sector to Get a Blockchain Platform by September appeared first on CoinCentral.
2018-7-20 16:08 | |
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Hong Kong's banking regulator is planning to widen its works on cross-border trade finance using distributed ledger technology.
2018-6-27 09:00 | |
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