Category: Hong Kong

Jack Ma’s Ant Group files $30B IPO in Hong Kong and Shanghai

China’s Ant Group is prepping for the largest IPO in history.

August 26, 2020
Hong Kong Regulator Gives Crypto Exchange OSL Tentative Licensure Approval

OSL Digital Securities was the first crypto exchange to apply for the SFC’s opt-in license last November.

August 21, 2020
China’s Digital Yuan CBDC Is Close, but Many Details Remain Unknown

Despite the interest currently surrounding the digital yuan, some are not yet sure of the project’s overall scope and mainstream viability.

August 17, 2020
Winklevoss’ Gemini Adds Support for Hong Kong, Australian and Canadian Dollars

Gemini now supports the fiat currencies of Hong Kong, Australia and Canada.

August 17, 2020
Hong Kong Authorities Apprehend Bitcoin ATM Thieves Who Stole $30,000

Showing up in person to steal cash from a digital asset machine?

August 15, 2020
Hong Kong’s Greater Bay Area to Launch China’s Digital Yuan

China’s CBDC is on its way to Hong Kong.

August 12, 2020
Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears

Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. In a recent interview, Joshua Rotbart, head of Hong Kong-based…

August 9, 2020
ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies

A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that organizations like the Tron Foundation, Bitmex, Binance, Bibox and Block.one allegedly sold unregistered…

April 5, 2020
From SARS to COVID-19: Hong Kong’s Path to an Asia Free Health Zone

Bats are a known harbor to a large variety of viruses. Humans rarely interact with bats directly (they are not a common delicacy or pet in China), but other wild animals, such as civets and pangolins, do. Seventeen years before the outbreak of COVID-19, a coronavirus already made the jump to humans, likely starting with…

March 31, 2020
Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents

The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate the local economy while the coronavirus outbreak is hitting markets hard all around the world.…

February 27, 2020