Cryptocurrency Analysis and News Portal
Blockchain developers in Hong Kong and Macau are now able to get access to the portal of China’s Blockchain-based Service Network (BSN) — a public-private nationwide infrastructure project to spur mass adoption of blockchain technology — as BSN continues to fuel its overseas expansion. BSN International entered a soft launch stage
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Hongkong Land, a property landlord in Hong Kong, has leased out commercial office space to a local crypto-asset firm named HashKey Group following clarity around cryptocurrency regulations. Neil Anderson, Hongkong Land’s director, believes that the decision to lease commercial property to crypto businesses was heavily reliant on the recent crypto regulations
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A senior executive for Hong Kong’s Securities and Futures Commission, or SFC, believes more needs to be done to tackle cryptocurrency fraud, offering clues about future guidance on digital asset trading in the special administrative region. Deputy chief executive Liang Fengyi said the SFC is obligated to expand the scope of
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Binance has expanded its crypto derivatives shutdown net to include Hong Kong, after stopping trading in Germany, Italy, and the Netherlands.On Friday, Binance Holdings Ltd said new users in Hong Kong will no longer be able to trade derivatives products. Also, existing users of the platform will have 90 days
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Stepping up efforts to minimize the inherent risks of trading cryptocurrency, major crypto exchange Binance has announced it would restrict access to derivatives products to Hong Kong users. The official announcement reads:“Users from Hong Kong will have a 90 days’ grace period to close their open positions. During the grace period,
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Chinese carmaker Li Auto set to offer secondary listing in Hong Kong as a hedge against geopolitical risks between America and China.Automobile manufacturer Li Auto (NASDAQ: LI), is going ahead with a secondary listing on the Hong Kong Stock Exchange (HKEX) despite regulatory crackdowns in the country. The Chinese electric
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With the upcoming listing, Baidu will be the biggest US-traded Chinese company in Hong Kong since NetEase Inc.’s offering in June 2020Chinese leading internet giant Baidu Inc (NASDAQ: BIDU) is planning to conduct a secondary listing in Hong Kong. According to those familiar with the matter, the trading will start
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Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance. Source
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