Cryptocurrency Analysis and News Portal
In recent months, the Hong Kong Securities and Futures Commission (SFC) has received “a number” of requests from local companies that want to offer crypto-related exchange-traded funds (ETFs) to their private bank and professional clients, SFC’s Deputy Chief Executive Officer & Executive Director Julia Leung said. Original Source
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Hong Kong, one of the most significant and leading financial centers in the world, has played a large role in the development of cryptocurrencies. For instance, the Chinese territory has birthed some of the most established and successful crypto companies to date including the crypto derivatives exchange FTX, along with
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OSL, a Hong Kong-based digital asset trading platform, has started offering its exchange services to professional and institutional investors in Argentina, Brazil, Colombia and México, the company said in a statement on Tuesday. The company, part of BC Group, a public technology and digital asset company, will provide institutional
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U.S.-Crypto exchange Gemini has launched its interest-bearing product for the people of Hong Kong.“Gemini Earn” enables customers to receive up to 8.05% Annual Percentage Yield (APY), according to a press release on Tuesday.The exchange currently supports interest-bearing APY for up to 39 different assets with the highest provided by Gemini’s
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Powercrypto Holdings, a subsidiary of the blockchain software provider Powerbridge Technologies, is launching cryptocurrency mining, specifically Bitcoin (BTC)and Ethereum (ETH), in Hong Kong. These cryptocurrency operations will utilize environmental-friendly, green, and sustainable energy. This announcement was made in a press release on Friday, October 8, 2021 Powerbridge Technologies is a growth-driven technology company
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A subsidiary of the blockchain software provider Powerbridge Technologies, Powercrypto Holdings, have announced the launch of a sustainable cryptocurrency mining initiative for Bitcoin (BTC) and Ethereum (ETH) in Hong Kong.The company plans to deploy a total of 2,600 first-grade mining rigs, comprising of 600 BTC mining machines operating at a
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The Nasdaq-listed firm is launching its operations in Hong Kong while several other miners have recently been expanding their businesses in North America. Oct 8, 2021 at 3:20 p.m. UTCUpdated Oct 8, 2021 at 3:27 p.m. UTCCrypto mining machines (Shutterstock) Source
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Hong Kong’s Hong Kong Monetary Authority, its de facto central bank, has released a whitepaper on retail central bank digital currencies (CBDCs) while it continues to explore the potential of a digital Hong Kong dollar (e-HKD) for its domestic and cross-border markets.The white paper was published Monday by the Hong
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Cryptocurrency derivatives exchange FX has officially moved its headquarters from Hong Kong to the Bahamas, according to a report from Bloomberg that cited an FTX spokesperson.On Monday, FTX announced that its Bahamian subsidiary, FTX Digital Markets, had been granted regulatory approval in the Bahamas as a digital assets business, and
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Crypto financial services firm Amber Group is weighing up a direct listing, with the U.S as the “likely destination,” according to its CEO.A direct listing is “on the table” in the next two years, Michael Wu said in an interview with South China Morning Post.“The U.S is a likely destination,
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