Cryptocurrency News
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 […]
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, […]
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 […]
At press time, the father of cryptocurrency is back up at $6,600. This is $100 higher than where it stood yesterday and about $300 higher than where it was at the beginning of the week. Thus far, the currency seems on the rise again, and many are wondering if the […]
South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting. As part of its plan to spearhead innovative growth, the government will invest $4.4 billion in eight sectors […]
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 […]