Cryptocurrency Analysis and News Portal
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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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 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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