Hong Kong exchanges eye overseas expansion amid local uncertainty

OSL	2024-4-12 11:48

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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Источник: btcmanager.com

overseas hong → Результатов: 14

Binance allegedly utilizes HKVAEX to navigate Hong Kong market

With a separate company, Binance re wants to avoid unnecessary attention in Hong Kong while dealing with regulators overseas. Crypto exchange Binance is rumored to hide behind HKVAEX, a Hong Kong-based crypto trading platform established in 2022. Currently, HKVAEX is…

2023-10-25 11:52	Regulation
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Huobi Halts Futures Trading Services, Mining Pool in China as Regulatory Pressures Mount

Per Bloomberg, cryptocurrency exchange Huobi began blocking its Chinese customers from being able to access some of their services. When China banned crypto exchanges back in 2017, Huobi moved its operations overseas to Hong Kong, Singapore, and South Korea, among others.

2021-5-24 21:06	Regulation
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Hong Kong Security Crackdown Leads to Record Capital Outflows— Residents Reportedly Used Cryptocurrencies to Move Funds

The Canadian anti-money laundering agency, Fintrac, says it recorded official capital inflows originating from Hong Kong that totaled more than $34 billion in the past year. The outflows, which are the highest since 2012 when the earliest Fintrac records are available, “are the first evidence of a significant flight of capital overseas from the Asian […]

2021-3-31 15:30
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Will Hong Kong’s New Cryptocurrency Influence Region’s Economic Recovery?

Coinspeaker Will Hong Kong’s New Cryptocurrency Influence Region’s Economic Recovery?The creation of a digital fund could help Hong Kong to source new streams of investment both domestically and overseas, so being proactive in this respect and taking steps to regulate the space could afford the region a competitive edge.

2020-6-11 10:56	XRP
region new hong kong could influence cryptocurrency

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UN Accuses North Korea Of Laundering Money Via Hong Kong-based Blockchain Company

The sanctions committee of the United Nations has recently accused North Korea of using a blockchain firm in order to launder money overseas. According to the committee, an investigation was conducted and it was discovered that the country was using cryptos to evade sanctions imposed on it by the international community. Marine China, a blockchain […]

2019-11-7 23:00	Bitcoin Information
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Hong Kong Retail Outlets Begin Accepting Crypto as Tensions Escalate

Political unrest usually leads to economic uncertainty, which can drive investors into alternative assets or safer havens overseas. Protests in Hong Kong have garnered global attention as mainland oppression has resulted in millions taking to the streets.

2019-8-26 14:30
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Western Union Partners With Crypto Wallet for Cross-Border Transfers

Crypto wallet provider Coins. ph has partnered with U. S. financial service company Western Union to enhance cross-border transfers to the Philippines. The partnership will grant over 5 million Coins.

2019-4-10 00:19	Payments
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Korean Incoming Minister Confirms Cryptocurrency Taxation Plans

South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings. A task force consisting of experts from government agencies and the private sector will be formed to examine overseas cases to establish domestic cryptocurrency tax rules.

2018-12-4 11:15	Virtual Currency
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Korean Incoming Minister Confirms Crypto Taxation Plans

2018-12-4 11:15	Virtual Currency
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With the CBAC, East Meets West in Search of Adoption and Innovation

The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.

2018-10-10 23:38	Adoption & community
blockchain china technology cbac industry government financial

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How Chinese Millionaires Are Still Using Bitcoin to Buy Properties Overseas

Millionaire investors in China are still utilizing significant cryptocurrencies like bitcoin and ether to purchase properties overseas, despite the crackdown on digital asset trading by the Chinese authorities.

2018-7-24 13:00	South Korea
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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO

Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.

2018-6-11 01:34	Investing

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Hong Kong’s SFC warns against impersonators of OSL Digital, HSKEX

The Securities and Futures Commission (SFC) in Hong Kong has warned the public about fraudulent websites impersonating the local licensed crypto exchanges. In a public warning on Mar. 4, the SFC cautioned the public about suspicious websites impersonating two licensed…

Interactive Brokers taps OSL for retail crypto trading in Hong Kong

International broker Interactive Brokers has partnered with OSL to offer retail customers crypto trading in Hong Kong. American trading giant Interactive Brokers has become the first securities broker in Hong Kong to be approved to allow retail customers to trade…

Hong Kong’s OSL crypto exchange receives $90m in funding

BGX Group will invest 710 million HK in BC Technology Group, the parent company of Hong Kong’s first licensed crypto exchange, OSL.

OSL owner denies reports of selling crypto business in Hong Kong

BC Technology says statements in Bloomberg’s article are ‘factually inaccurate and highly misleading.’ Hong Kong’s BC Technology Group Ltd. has denied recent reports saying that the company is exploring the sale of its licensed crypto platform OSL. In a recent…

Hong Kong crypto firms seeing interest from Chinese banks: Report

Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland.

Fidelity-backed OSL cuts staff amid crypto winter

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.

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2024-4-12 11:48

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