New crypto owners nearly doubled in 3 key regions in 2021: Report
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021. Go to Source Powered by WPeMatico
Hong Kong
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Huobi Tech to launch crypto tracking ETF in Hong Kong for retail traders
Although Huobi Tech shares a common name with the popular crypto exchange platform Huobi Global, it has no relation with the crypto firm and works independently. Go to Source Powered by WPeMatico
Hong Kong-listed Huobi Tech launches cryptocurrency OTC service
Formerly known as Pantronics Holdings, Huobi Technology has shifted its focus from electronic products to crypto. Go to Source Powered by WPeMatico
Cyber vigilante hunts down DeFi scammers running away with $25M rug pull
An exclusive Cointelegraph interview on tracking down a group of DeFi scammers responsible for the $25 million StableMagnet rug pull. Go to Source Powered by WPeMatico
US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with 755 bitcoin block rewards mined during the last 30 days. … Read more
Hong Kong begins discussions to introduce stablecoin regulatory framework
The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and blanket ban. Go to Source Powered by WPeMatico
Japan-based crypto exchange DeCurret plans to sell to HK’s Amber Group: report
According to the Nikkei report, the crypto exchange was unable to compete with major companies including BitFlyer and Coincheck and “profits were tapering.” Go to Source Powered by WPeMatico
Hong Kong Monetary Authority aims to oversee stablecoin reserves
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules. Go to Source Powered by WPeMatico
Hong Kong-based Coinsuper allegedly blocks customers’ withdrawals
Five clients reportedly filed police complaints after token withdrawals were apparently halted, leaving them unable to reclaim around $55,000 in cryptocurrency and fiat. Go to Source Powered by WPeMatico
Hong Kong real estate giant leads $90M raise for crypto bank Sygnum
Sun Hung Kai reportedly became the biggest seller of new homes in Hong Kong in January 2022. Go to Source Powered by WPeMatico
