Category: Hong Kong
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Industry Group Says Hong Kong’s Proposed Crypto Rules Could Drive Traders Underground
Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance.
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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.
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Kenetic co-founder purchases .NFT domain extension for $84K
“The possibilities of the NFT domain are endless,” said Jehan Chu.
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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.
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While China’s CBDC sets the pace, the yuan stumbles in usage abroad
The past two years were much harder on the dollar, however.
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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…
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Thieves Grab $451K in Cash From Hong Kong Crypto Trader
The robbers lured a female cryptocurrency trader into an office and threatened her with a weapon, according to a report.
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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.
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Fidelity International Invests $6M in Firm Behind Hong Kong’s OSL Crypto Exchange
BC’s OSL exchange is the first crypto brokerage to receive Hong Kong regulators’ blessing.
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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.