Cryptocurrency Analysis and News Portal
Robbers posing as cryptocurrency buyers have stolen about 3.5 million Hong Kong dollars ($450,000) from a woman in Hong Kong.According to a report by the South China Morning Post on Tuesday, the Hong Kong police are currently conducting a manhunt for the gang.A spokesperson for the police revealed that the
Read More
BC's OSL exchange is the first crypto brokerage to receive Hong Kong regulators' blessing. Source
Read More
Hong Kong Stock Exchange-listed BC Technology Group, the parent company of regulated crypto platform OSL, has raised HKD697 million (approximately $90 million) in the form of a top-up share placement.2020 was a busy year for OSL, an institution-focused digital asset platform based in Hong Kong, providing prime brokerage, custody, exchange
Read More
The trader exchanged 15 bitcoin for HK$3 million before being robbed of both. Source
Read More
The government’s plan to regulate cryptocurrency exchanges in Hong Kong could mean ATMs may also be off-limits, the group claims. Source
Read More
Hong Kong Monetary Authority (HKMA), the city’s central banking institution, said it is working with the People’s Bank of China (PBOC) to test digital yuan use cases. PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY for making cross-border payments while making the corresponding
Read More
Hong Kong-based crypto exchange CEO Global said Saturday one of its founders has been taken away by authority to assist with an investigation for 15 days and it has no idea when he may return.“Affected by the ongoing national crackdown on fraudulent sim cards and bank accounts, the bank account
Read More
Ethereum-based scaling platform OMG Network has been acquired by the venture subsidiary of Hong Kong-headquartered OTC trading firm, Genesis Block.The acquisition was announced on Dec. 3, with Genesis Block Ventures revealing plans to work with OMG to build “lending and trading platforms” for the DeFi sector.The firm also intends to
Read More
Crypto market maker Amber Group will service its clientele of institutional traders with the help of BitGo Trust, the custodial arm of the Palo Alto-based security firm.BitGo’s status as a qualified custodian should draw more high-net-worth investors to Amber from places like Hong Kong, Taiwan and Seoul, the companies said.The
Read More
In a massive crackdown on fraud and money-laundering, Hong Kong has announced a ban on the retail trading of digital currencies, and will now for all
Read More