Cryptocurrency Analysis and News Portal
PawnHub is a crypto lending firm based in Hong Kong, and is proud to be the first to obtain the proper licenses from the government of Hong Kong. In addition to this monumental achievement, PawnHub will be partnering with a leading US-based crypto custodian to provide up to $100 million
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The Hong Kong Institute of Bankers (HKIB) has onboarded six virtual banks as corporate members, according to a Jan. 2 press release.The HKIB is a non-profit institution that provides training and certification to the banking organizations in Hong Kong. The last banks joining the HKIB are Airstar Bank Limited,
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Formed in 2016, CMCC is one of the first Asian venture funds to invest in blockchain technical infrastructures such as the ethereum network, The firm raised over $30 million for its third blockchain fund from Japanese social media giant Line as well as from one of the largest family offices
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“Using the U.N.’s IRIS standards as the benchmark for reputable agencies, we are confident that the tool can help to strike out these unethical practises,” said Mark Blick, Diginex's head of government solutions. “In Hong Kong, foreign domestic workers are some of the most economically vulnerable people in our society
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Blockchain financial services firm Diginex and the United Nations-led International Organization for Migration (IOM) jointly launched a blockchain tool aiming to prevent the exploitation of migrant workers in Hong Kong.According to a Diginex press release published on Dec. 16, the tool was designed to be used by about 1,500
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Hong Kong marble stock ArtGo plunged 98% in a day earlier this week, wiping out $5.7 billion. It’s the latest in a string of massive Asian stock bubbles including Kasen International and Tibet Water. Recent trading bubbles makes bitcoin’s ‘bubble’ look practically placid. One of the world’s best-performing stocks just took a 98%
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The need for censorship-resistant currencies like Bitcoin (BTC) has been thrown, yet again, into stark relief as HSBC shutters an account reportedly used to fund Hong Kong protestors. As the Hong Kong Economic Journal reported on Nov. 18, the British multinational bank recently closed a corporate account that was reportedly
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On Nov. 7, Ashley Alder, the CEO of the Securities and Futures Commission of Hong Kong, said at a conference that a new framework for crypto exchanges will be implemented. Almost immediately after the announcement, Reuters reported that a crypto exchange based in Hong Kong called OSL became the
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Crypto.com, a Hong Kong-based cryptocurrency service provider that offers users lending services, crypto payments through Visa debit card services and more, has announced the launch of its cryptocurrency exchange. The firm says the new crypto trading venue will be initially available to only its retail and institutional customers via its
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The United Nations is accusing North Korea of using a blockchain firm in Hong Kong to carry out money laundering schemes and other illicit activities. The English version of the Korean news outlet Chosun reported that the UN Security Council’s Sanctions Committee has initiate the investigation on North Korea regarding
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