Monday, July 28, 2025

Hong Kong’s Securities Watchdog May Soon Regulate All Crypto Trading Platforms

Hong Kong’s government is seeking to change the rules for cryptocurrency trading firms operating or offering services within the city jurisdiction.A new consultation paper detailed by Clara Chiu, director of licensing at the Securities and Futures Commission (SFC), in a keynote speech at Hong Kong FinTech Week 2020 on Tuesday,

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Bitcoin slides 3% as Hong Kong seeks to end ‘honeymoon’ with crypto exchanges

The price of Bitcoin (BTC) has declined by more than 3% in the past two days. The pullback of the dominant cryptocurrency comes amid growing regulatory pressure in China and Hong Kong.The daily price chart of Bitcoin. Source: TradingView.comTimeline of exchange FUD in the past monthOn Oct. 16, top Bitcoin futures

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HSBC Bangladesh uses blockchain to import 20,000 tons of fuel oil from Singapore

The Bangladesh branch of global banking firm HSBC has conducted the country’s first blockchain-based letter of credit (LC) transaction on the Contour DLT platform.The transaction was used to settle the importation of 20,000 tonnes of fuel oil from United Group’s Singapore subsidiary United Mymensingh Power.HSBC Bangaladesh’s chief executive, Md Mahbub

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