2020-2-22 15:25 |
Fidelity International, a spin-off of the U.S. financial services giant Fidelity Investments, has invested $14 million in Hong Kong-based BC Group, which operates crypto exchange OSL.
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Fidelity International, an off-shoot of renowned US-based financial asset manager Fidelity Investments, has decided to purchase a 5. 6% stake in crypto exchange OSL that operates in Hong Kong. According to public disclosure documents, Fidelity international purchased 17 million shares from BC Group which owns OSL crypto exchange.
2020-2-22 21:37 | |
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Cryptocurrency falls into a legislative gray area in many jurisdictions, which is why governments should take a particularly nuanced approach to developing regulatory frameworks for crypto trading, the outgoing chairman of Hong Kong’s securities regulator said in a recent interview.
2018-10-17 01:50 | |
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Hong Kong’s crypto market appears to be facing turbulence as licensed exchanges opt for overseas ventures amid regulatory concerns. HashKey, one of the two licensed crypto exchanges in Hong Kong, decided to expand its reach overseas with a Bermuda license…
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BGX Group will invest 710 million HK in BC Technology Group, the parent company of Hong Kong’s first licensed crypto exchange, OSL.
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Hong Kong-based Fidelity Investments-backed crypto exchange OSL has joined the list of exchanges cutting down workforce to reduce overhead costs and stay afloat.