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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
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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
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[UPDATED] Ant Group’s IPO has been suspended on both the Shanghai and Hong Kong stock exchanges due to significant changes in China’s regulatory environment for fintech firms that are expected to affect the company. The Shanghai exchange said Tuesday that the changes will create new requirements such as more financial disclosures
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The price of Bitcoin (BTC) has declined by more than 3% in the past two days. The pullback of the dominant cryptocurrency comes amid growing regulatory pressure in China and Hong Kong.The daily price chart of Bitcoin. Source: TradingView.comTimeline of exchange FUD in the past monthOn Oct. 16, top Bitcoin futures
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A cross-boundary digital yuan could bring Hong Kong closer to China, Hui said. Source
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Emerging from months of Covid-19 isolation, Macau is now welcoming back mainland tourists through the use of blockchain-based health codes. Using mutual recognition health code systems based on blockchain technology, more than 17 million people have already traveled between the Chinese mainland and Macau since September 23, when Macau began issuing
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Hong Kong’s pick of ConsenSys for phase two of its proposed cross-border payment system is a recognition of ConsenSys stride in the blockchain space.The Hong Kong Monetary Authority (HKMA) has selected Ethereum development studio ConsenSys, as the trusted partner for the Phase 2 of its Project Inthanon-LionRock, the country’s equivalent
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The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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Place/Date: Hong Kong - September 21st, 2020 at 11:46 pm UTC · 3 min read Contact: NexChange, Source: NexChange The 2nd Annual Hong Kong Blockchain Week 2020 hosted by The NexChange Group will be held between the 17th and 19th of November 2020. The core event of the
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When Hong Kong regulators gave crypto firm OSL a nod of approval last week, it was the icing on the cake for the HKEX-listed digital asset trading platform. Hong Kong’s Securities and Futures Commission (SFC) granted BC Group crypto subsidiary OSL an “approval-in-principle” for its license application for Type 1 (dealing
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