Cryptocurrency Analysis and News Portal
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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Nonfungible tokens seem to be popping up everywhere lately — so why not on the big screen?Digital collectibles and virtual reality platform Terra Virtua is planning to launch today a line of Godzilla vs. Kong nonfungible token (NFT) collectibles created in collaboration with film production giants Warner Brothers — among
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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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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
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The trader exchanged 15 bitcoin for HK$3 million before being robbed of both. Source
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The government’s plan to regulate cryptocurrency exchanges in Hong Kong could mean ATMs may also be off-limits, the group claims. Source
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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
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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
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