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Insider sources have suggested that the Hong Kong Stock Exchange (HKEX) is eyeing takeovers in the blockchain and other tech sectors in a bid to diversify revenue sources Go to Source Powered by WPeMatico
Decentralised cryptocurrencies like bitcoin are anathema to traditional banking. Bitcoin allows people to trade directly with each other, bypassing banks, the conventional middlemen. Banks make money by charging fees for the services they provide, including keeping one’s money in a bank. It is no surprise, therefore, that they hate cryptocurrency. But banks aren’t guiltless, they … Read more
Hong Kong-based diamond retailer Chow Tai Fook Jewellery Group has put some of its stones on a blockchain platform, enabling customers to track their origin and authenticity Go to Source Powered by WPeMatico
The cryptocurrency ecosystem continues to grow with the addition of some new crypto exchanges in Hong Kong, Korea, and Indonesia. Bitone Trade HK, affiliated with a Japanese publicly listed company, will support 30 cryptocurrencies. Huobi Indonesia will list 123 coins and new Korean exchange Probit will list 157 coins. Also read: 160 Crypto Exchanges Seek to … Read more
Crypto exchange Huobi has acquired controlling stake in Hong Kong exchange-listed Pantronics Holdings, together with blockchain services provider Fission Capital Go to Source Powered by WPeMatico
Under a new “Talent List” initiative, the Hong Kong government will simplify its immigration policy to attract DLT and fintech professionals Go to Source Powered by WPeMatico
Authorities in Hong Kong have taken steps to attract fintech specialists who can support its economic development. The government of the Chinese region has prepared a list of needed professions from several related fields, including distributed ledger technologies and asset management. Also read: China Escalates Crackdown, Russia Chases Shadows, UK Warns of Scams Hong Kong … Read more
Crypto exchange Huobi has reportedly acquired the controlling share in investment holding company Pantronics through a backdoor listing deal Go to Source Powered by WPeMatico
Crypto trading platform Bitmex has reportedly rented some of the world’s most expensive offices, in a Hong Kong skyscraper. Also in Bitcoin in Brief today, UAE-based realtor wants to add cryptocurrencies to the payment options offered to its customers. Other reports in The Daily cover Square Cash app downloads surpassing those of Paypal’s Venmo, and … Read more
DST Global has denied involvement in crypto mining giant Bitmain’s IPO in an email to Cointelegraph, just days after SoftBank did the same. Reports have surfaced that Tencent was also not involved Go to Source Powered by WPeMatico
