Category: Hong Kong
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Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018
In the last few years, the cryptocurrency environment has changed drastically and there is a bunch of new cryptocurrency hotspots popping up across the globe. Gone are the days when certain territories such as Zug, Prague, and other blockchain hub cities dominated the headlines. Now a variety of different regions like Malta, South Korea, Hong…
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How Institutional Investors Are Changing the Cryptocurrency Market
Institutional investors trading cryptocurrency gained ground in 2018, with a number of high profile players edging in and taking a seat at the table. Increased interest from larger investors may have played a part in supporting digital assets as well as distorting the market. Also Read: KPMG: Institutional Investment Key to Cryptoassets Growth Will Crypto Markets…
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Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M
Madison Holdings Group Ltd. has agreed to buy 67.2 percent of Japanese cryptocurrency exchange Bitocean for 1.68 billion yen ($15.12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30.12 million. According to local media reports, the deal is to be completed through a subsidiary, Madison Labs. Also read: Cryptocurrency Exchanges…
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PR: Midex Launches EU Regulated Crypto to Fiat Exchange
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Midex, an international company with HQs in Estonia and representatives…
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Unregulated OKEx Derivatives Impacting $400 Million in Trades
In a recent controversy brought to light by Amber AI, Hong Kong-based cryptocurrency exchange OKEx has been allegedly engaging in “market manipulation and fraud,” impacting $400 million in trades. Investors are unable to seek help from the courts due to regulatory exclusions. An Achilles Heel for Investors Despite Hong Kong having been among the first…
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Chinese Startup Gets Crypto Custodial Services License in Hong Kong
Cryptocurrency custodians are third parties that store large amounts of digital assets for institutions, hedge funds, exchanges and issuers of initial coin offerings. Companies in Hong Kong now have a new locally regulated option, which could help to increase investor confidence. Also Read: You Can Now Withdraw Split BCH and BSV Coins From Coinex Keep…
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You Can Now Withdraw Split BCH and BSV Coins From Coinex Exchange
Withdrawals for both bitcoin cash (BCH) and bitcoin SV (BSV) are now open on the Coinex exchange, providing an easy way for holders to split the two cryptocurrencies, which separated off from each other following the recent hard fork. Also Read: Universities in New York, Tokyo and Luxembourg Support Crypto Development Coinex Opens BCH and…
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Hong Kong Unveils Regulatory “Sandbox” for Cryptocurrency Trading Platforms and Exchanges
Hong Kong unveiled a new set of regulations aimed at governing the local cryptocurrency trading and funding market in a move that seeks to improve investor protection and the city’s status as a premier financial hub. Accredited Investors Only As reported by the South China Morning Post on Nov. 1, Hong Kong’s Securities and Futures…