Cryptocurrency Analysis and News Portal
The Chief Executive of Hong Kong’s Securities and Futures Commission, Ashley Alder, announced at a fintech conference in Hong Kong that the region’s financial regulator is going to develop a framework for digital asset exchanges. The framework was to be released on Wednesday.Hong Kong is the hub for many of
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Opt-in based framework; limited impact expected. Still PI only.OverviewHong Kong is stepping up its efforts to formally regulate cryptocurrency exchanges in the city. The Securities and Futures Commission just released a newly drafted regulatory framework, which allows the securities watchdog to issue licenses to crypto trading platforms. Could this be
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Blockchain has received fresh endorsement from China in the form of a development pact with the de facto central bank of Hong Kong. In a news post on Nov. 6, the Hong Kong Monetary Authority (HKMA) confirmed it had signed a Memorandum of Understanding (MoU) with a subsidiary of the
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One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. According to a Reuters report on Nov. 5, the licenses introduced by Hong Kong’s Securities and Futures Commission (SFC) in October 2018 have apparently led to few approvals,
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While the XRP world is transfixed on SWELL 2019 a far lesser-known crypto, tech and artificial intelligence conference launched today in Malta. The event will feature Garlinghouse interviewer Pomp, Hanson Robotics AND the exclusive official launch of XRP powered revolutionary platform SoloGenic. On November 8 we will address the necessity of merging
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No one has ever thought that the protests in Hong Kong would ever affect the price of cryptocurrencies trading in U.S. crypto exchanges. But apparently, there is still some impact; at least on Nike’s Air Jordan tokens (such as AJBT, AJCP, AJIB and more) listed on the crypto exchange 55.com.Daryl
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Bitcoin’s (BTC) use as a protector of wealth is coming to the fore in Hong Kong as trading volumes spike and businesses iron out problems with acceptance.Trading record underscores Bitcoin’s “non-seizability”As multiple commentators including Morgan Creek Digital co-founder Anthony Pompliano noted this week, Bitcoin is a genuine solution for
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Hong Kong Free Press (HKFP) has fired BitPay, a US-based bitcoin payment processing service, over non-service.The independent media firm announced today that it is going to replace BitPay with its rival BTCPay, an open-source alternative to pay merchants online via bitcoin. HKFP projected BTCPay as better service, stating that it
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Residents of Hong Kong have reported that the ATMs in the city have start running out of cash. The situation has given rise to Bitcoin(BTC)trade trading in the region.For the past several months, Hong Kong has witnessed a massive flood of dissidents joining national protests against the Chinese government. Reportedly,
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Hong Kong's securities regulator, the Securities and Futures Commission (SFC), has officially released regulations for crypto fund managers. The SFC published the regulatory circular on its website on Oct. 4.In the 37-page document titled “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets,”
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