Exchanges warn that Hong Kong’s crypto retail trader ban could backfire
Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong. Go to Source Powered by WPeMatico
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Kenetic co-founder purchases .NFT domain extension for $84K
“The possibilities of the NFT domain are endless,” said Jehan Chu. Go to Source Powered by WPeMatico
Bitmain CEO announces departure in the most crypto way
“I have resigned from the CEO and Chairman of Bitmain as of today,” said Jihan Wu. Go to Source Powered by WPeMatico
While China’s CBDC sets the pace, the yuan stumbles in usage abroad
The past two years were much harder on the dollar, however. Go to Source Powered by WPeMatico
Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021
Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust by Performing Three Successful Transactions According to the South China … Read more
Armed robbers steal $450K from Hong Kong crypto trader
A gang of four robbers has reportedly stolen about $450,000 from a crypto trader in Hong Kong. Go to Source Powered by WPeMatico
Fidelity doubles down on Hong Kong crypto operator
The mutual fund giant now owns 6.29% of BC Technology Group following the latest cash injection. Go to Source Powered by WPeMatico
Bitcoin Trader Robbed During an In-Person Transaction, Kicked Out of Car in Hong Kong
An unnamed 37-year-old man was a victim of a theft from a gang of robbers who fled with 15 bitcoin (BTC), worth HKD 3 million ($387,000) in cash. They agreed to meet in person for a crypto exchange transaction. Six Non-Chinese Suspects Allegedly Involved in the Theft Per the South China Morning Post, the bitcoin … Read more
Hong Kong crypto group warns new law will restrict people’s access to Bitcoin
Crypto proponents in Hong Kong say incoming cryptocurrency regulations could preclude citizens from using Bitcoin ATMs. Go to Source Powered by WPeMatico
Hong Kong Grants First License to Cryptocurrency Trading Platform
Hong Kong now has its first regulated cryptocurrency trading platform. The Securities and Futures Commission has just given out the first-ever crypto license to OSL Digital Securities which will soon commence trading for several cryptocurrencies, including bitcoin. Hong Kong Gives Out First Crypto License Hong Kong’s Securities and Futures Commission (SFC) has licensed the first … Read more