Johnny Ng’s comments come at a time of heightened scrutiny of the cryptocurrency industry by regulators around the world. In the United States, the Securities and Exchange Commission (SEC) has been cracking down on cryptocurrency exchanges that it believes are operating without proper registration. This Month, the SEC sued Binance.US, […]
Search Results for "Hong Kong "
Hong Kong Looks to UAE for Crypto Regulation Partnership
The relationship between China and cryptocurrencies has always been concerning for investors. China is among the leading super-power countries, and its regulations on crypto have affected the market in the long run. However, China seeks a new regulation partnership with the United Arab Emirates (UAE). The UAE has also been […]
All Hong Kong Adults Will Receive a Free Cash Handout From the Government
Unusual developments in the finance industry are nothing new. In Hong Kong, the concept of “helicopter money” is seemingly getting out of hand. A new decree will see all adults in Hong Kong receive a HK$10,000 cash handout. Helicopter Money in Hong Kong This will be provided to all permanent […]
Hong Kong Welcomes PawnHub.io, its First Fully Licensed Crypto Lender
Crypto lender PawnHub, known by its clients for providing easy access to crypto loans, while maintaining liquidity of their collateralized digital assets, has moved into the realm of financial legitimacy with its latest development: a full license from the Government of Hong Kong. This means the crypto lender is now […]
Chain2020 to Host Over 10,000 Participants in Hong Kong to Discuss Blockchain
The year 2019 ended with so much to look forward to in the blockchain and cryptocurrency industry – stretching from regulatory uncertainties, unpredictable cryptocurrency market situations, government digital currencies, and all the way to what seems like an adoption-limbo in the industry. And as it appears, this decade-long development of […]
Bitcoin Sees Recovery Amidst ETF Activity With Grayscale And Hong Kong
Bitcoin commenced January on a strong note, breaching $48,900 following the introduction of U.S.-based spot exchange-traded funds (ETFs) on January 11. However, profit-taking among investors in Grayscale Bitcoin Trust (GBTC) led to downward pressure, with prices dipping to around $38,500 last week. As the new week unfolds, Bitcoin has shown […]
Chainlink’s LINK Token To Debut on Hong Kong’s HashKey Exchange
In a huge improvement for the cryptocurrency space, ChainLink native token, $LINK, is set to be listed on HashKey’s cryptocurrency exchange. HashKey, one of the trailblazers to get administrative approval from Hong Kong regulators, has reported its arrangements to solely list Chainlink’s LINK. 🥳Great news for crypto enthusiasts! HashKey Exchange […]
Hongkong Gets More Attention, Now From Circle Stablecoin Issuer: Implications
Circle Internet Financial Ltd., a US-based stablecoin issuer, is closely monitoring the regulatory developments in Hong Kong following the implementation of new crypto rules. Circle CEO Jeremy Allaire expressed the company’s interest in Hong Kong as it aims to establish itself as a prominent hub for digital assets markets and […]
Here’s The Possible Impact Of Hong Kong’s Recent Crypto Adoption
It’s true that Hong Kong has been taking significant steps towards adopting cryptocurrencies, as it looks to become the new thriving Crypto hub. In recent years, the Hong Kong government has introduced new regulations aimed at regulating the use of cryptocurrencies and other digital assets. Additionally, The Hong Kong’s Securities […]
Bitcoin Millionaire Airdrops Millions of Dollars in Hong Kong
The Bitcoin industry has allowed wealthy individuals to do some very unusual things. In most cases however, those developments will not make any media headlines. The literal fiat currency airdrop executed by Wong Ching Kit, a Bitcoin millionaire, will raise a lot of questions. It may be a positive sign […]
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 $2.8 billion in revenue in the six months ending June this year. The […]
Sparkdex Launches Hong Kong’s First Decentralised Crypto Exchange
Security is paramount in the blockchain world, equally for startups, decentralised exchanges and cryptocurrency traders. Without solid and dependable security systems in place, the whole operation collapses. Unsurprisingly, therefore, new companies and exchanges are keen to highlight their security credentials to instill trust in potential customers, the existing userbase, and […]
Hong Kong’s SFC Will Continue to Monitor the Cryptocurrency and ICO Industry
Regulation is one of the more pressing topics of debate in the cryptocurrency world these days. It’s a necessary evil to some, yet a way of legitimizing the industry to almost everyone else. Hong Kong regulators are keeping a close eye on this industry, and its Securities and Futures Commission […]
Forget Bitcoin and Ethereum, Altcoin ETFs Are The Real Deal, Market Expert Says
The approval of Spot Bitcoin and Ethereum ETFs by the Hong Kong Securities and Future Commission in mid-April 2024 indicated that more regulatory bodies of different regions are beginning to view crypto investments in a more positive light, and this opened the floodgate of several filings of spot ETFs, especially […]
BlockDAG: Challenging Ethereum News, Bitcoin ETFs
Experts Reveal BlockDAG’s 20,000x ROI & Moon Keynote Teaser Could Be The Bane of Ethereum & Bitcoin ETF Developments Analysts are spotlighting BlockDAG as a major disruptor in the cryptocurrency space, potentially overshadowing giants like Ethereum and emerging Bitcoin ETFs. With its groundbreaking promise of a 20,000x return on investment, […]
Floki (FLOKI) and Bonk (BONK) Show Bearish Signs – Meme Moguls (MGLS) Adjusts Presale Closing Date for Anticipated Token Launch This Year
Floki (FLOKI) received an allegation lately which led the cryptocurrency to ban Hong Kong citizens from accessing the platform, subsequently leading to a slight decline in its price. Similarly, Bonk (BONK) is also experiencing a downward trend, losing momentum over the past 30 days. However, amidst these challenges faced by […]
Litecoin ($LTC) Sees Positive Momentum With 5.5% Gain Amid Spot ETF Excitement
As the overall cryptocurrency market enjoys a robust bullish trend, Litecoin ($LTC) has joined the momentum, securing a 5.5% gain and presently trading at $70. This upward movement aligns with the prevailing enthusiasm surrounding the potential approval of Spot ETFs. Litecoin has initiated the new year on a strong note, […]
Market Shift: Investors Move Away from GALA and The Sandbox Towards Promising New Cryptocurrency
TLDR: Rebel Satoshi ($RBLZ) provides a 150% return on investment, securing its position among the new ICOs. Experts believe GALA could soar to $0.120 in 2024. The Sandbox’s (SAND) recent update could push SAND’s value to $1.15. With 2024 on the horizon, crypto enthusiasts and investors are deliberating on top […]