Cryptocurrency Analysis and News Portal
Chainalysis said that Hong Kong dominates in large institutional crypto transactions compared to other Asian regions. Its data shows that 46.8% of Hong Kong's annual crypto trades were institutional transactions exceeding $10 million, while retail trades under $10,000 accounted for just 4% of the City’s volume, marginally below the global
Read More
Authorities in Hong Kong and Macau have recently revealed arrests connected to the JPEX crypto exchange fraud case and highlighted that they are currently tracking down several other suspected figures.On Sept. 29, local media outlet Radio Television Hong Kong reported that two Hong Kong men involved in the JPEX case
Read More
The Secretary for Security of Hong Kong, Chris Tang Ping-keung, has pledged to address the JPEX crypto exchange fraud, which is being called the country’s most significant digital asset deception. The seriousness of the matter was brought to light in a press conference held on Sep. 27. According to local reports, authorities
Read More
Hong Kong-based cryptocurrency exchange Hashkey will now support trading the Avalanche (AVAX) token on its platform. However, traders must meet an interesting
Read More
The Secretary for Security of Hong Kong, Chris Tang Ping-keung, has vowed to bring justice to people who fell victim to the JPEX crypto exchange fraud, local media has reported. In a press conference on Wednesday, Sept. 27, the security chief’s office said police are actively looking for the key
Read More
The significance of this IPO is further highlighted when considering the expected global ranking of this offering. Cainiao Smart Logistics Network Ltd, the logistics unit of Alibaba Group Holding Ltd (HKG: 9988) has taken a significant step by submitting its A1 filing to the Hong Kong Stock Exchange, aiming to raise
Read More
Hong Kong regulators are looking to tighten the noose around the crypto market after arresting six individuals following allegations of fraud around an unlicensed crypto exchange, JPEX. The government intends to increase its efforts to inform investors and remind them only to utilize platforms granted Securities and Futures Commission licenses. Meanwhile,
Read More
The Securities and Futures Commission (SFC) of Hong Kong is intensifying the fight against unregulated cryptocurrency platforms in its region amid the JPEX crypto exchange scandal. In a statement, the regulator notes that it is planning to provide a list of all virtual asset trading platforms (VATPs) that are licensed, considered
Read More
According to the SCMP, four other companies have applied for licenses – HKVAX, HKBitEx, Hong Kong BGE Limited, and Victory Fintech Company Limited – but these are relatively small and unknown. Many major crypto exchanges have not signaled their intent to become licensed in Hong Kong. Source
Read More
Hong Kong authorities continue to investigate cryptocurrency exchange JPEX for alleged fraud and have received over 2,000 complaints from aggrieved investors. Eleven people have reportedly been taken into custody, including influencers who promoted the platform. Hong Kong intensifies JPEX probe The police stated that investors, most of whom are inexperienced, invested in JPEX
Read More