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Crypto lender Babel Finance halts withdrawals due to liquidity pressures
Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market. дальше »
2022-6-18 15:38 | |
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First Mover Asia: China Equities Woes, Tensions With US Have Barely Touched Bitcoin; Cryptos Climb
Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but have not seemed to affect bitcoin's price much; cryptos rose slightly as investors waited for the U. дальше »
2022-3-16 01:44 | |
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Here's why the market will be the ultimate decision-maker for Bitcoin's future
"I think Bitcoin is the first real global money of integrity" according to Okcoin CEO Hong Fang. In a recent interview, she said if "Bitcoin can succeed at the monetary level of achieving a decentrThe post Here's why the market will be the ultimate decision-maker for Bitcoin's future appeared first on AMBCrypto. дальше »
2022-1-11 14:30 | |
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Crypto-related stocks in Hong Kong impacted, but more HODLers for Bitcoin, Ethereum
China declaring all crypto transactions illegal sent shockwaves through Asia's fintech market. It adversely impacted Hong Kong as well; not just crypto exchanges, but firms and stocks related to cryptThe post Crypto-related stocks in Hong Kong impacted, but more HODLers for Bitcoin, Ethereum appeared first on AMBCrypto. дальше »
2021-9-27 17:30 | |
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Hong Kong crypto exchange Coinsuper adds USD-based Solana (SOL) market
Coinsuper, a Hong Kong-based crypto exchange company, today announced that due to user suggestions and requirements, it has now added a USD-based Solana (SOL) trading pair in its USD Zone. To celebrate the launch of SOL/USD, Coinsuper started trading activity with transaction fees of 50% off. дальше »
2021-9-24 14:47 | |
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An Expert From PwC: Large Crypto Companies are About to Relocate From Hong Kong
An employee from PwC informed about Hong Kong’s major cryptocurrency market players’ readiness to relocate at any moment. So they have a backup plan in case of the local regulator’s policy tightening. дальше »
2021-8-19 22:23 | |
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FTX Crypto Exchange Raises $900 in Latest Funding Round at $18 Billion Market Valuation
One of the largest crypto exchanges by reported trading volume, FTX today announced it had raised $900 million in Series B funding round. FTX Raises a Whopping $900 Million FTX, a Hong Kong-based crypto exchange that has been dominating the headlines in the crypto industry of late today closed its Series B funding round wherebyRead More дальше »
2021-7-21 09:00 | |
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Are Stock Tokens Behind The Crackdown On Crypto Exchange Binance?
While crypto exchange Binance continues to face crackdowns from several different countries, it’s looking likely that stock tokens may be behind this. Hong Kong And Lithuania Become The Latest To Crackdown On Binance On Friday, Hong Kong’s market regulator, the Securities and Futures Commission (SFC), warned the crypto exchange in a press release. The commission […] дальше »
2021-7-18 22:00 | |
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China’s BSN Developer Raises $30 Million Series A Round to Boost Global Market Presence
Announced on Wednesday, China’s Blockchain Service Network (BSN) developer, Red Date, has raised $30 million in a Series A funding round led by Hong Kong crypto-focused firm, Kenetic. The funding aims to enhance development on the network, increase its team members and boost market adoption across the globe, a statement read. дальше »
2021-6-11 21:35 | |
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Major Cryptocurrency Exchanges Now Eying India Market Despite Stand-Off Between Crypto Businesses and Banks
Coinbase, Kraken, Hong Kong-based Bitfinex, and KuCoin are among exchanges eying the Indian crypto market despite unclear regulation hindering regulated banks and financial institutions from offering services to crypto exchanges and businesses. дальше »
2021-6-10 18:46 | |
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Crypto Exchange & Payment Network, Crypto.com, Becomes VISA Principal Member in Australia
Crypto exchange platform Crypto. com has joined digital payments giant VISA as a principal member for the Australian market, per an official blog post. VISA Cards for Australian Crypto Users The crypto-facing company, headquartered in Hong Kong, said that this partnership would see them issue VISA cards to their customers in Australia. дальше »
2021-3-19 21:24 | |
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Xeno Holdings Invests In South Korean-Based CityLabs Co. Ltd
Xeno Holdings Limited, a Hong Kong-based technology investment company, has invested major capital in CityLabs Co. Ltd to further venture into the South Korean market and Asia at large. The company has recently shown interest in penetrating the South Korean market stating favoring conditions. дальше »
2021-3-15 12:49 | |
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CoinEx Burns All 1.08 Billion Locked CET Allocated to the Team
PRESS RELEASE. Hong Kong, February 23, 2021 – CoinEx, a global and professional cryptocurrency exchange service provider, announced on last Saturday that it has finished a historic burn of 1.08 billion locked CoinEx Token (CET) allocated to the CoinEx team for team building and market development at one time. This CET token burn is the […] дальше »
2021-2-24 01:00 | |
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Global Digital Finance Warns Hong Kong’s Proposed Rule Will Send Crypto Investors to Unregulated Exchanges
Recently, the crypto industry players in Hong Kong have focused on fighting a proposed law that limits crypto trading only to professional investors, which will practically see about 93% of the populace locked out of the crypto market. дальше »
2021-2-16 21:20 | |
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Asian Startup Offering Machine-Backed Loans to Bitcoin Miners
Babel Finance is now making life easier for bitcoin (BTC) miners and other crypto market participants. The Hong Kong-based firm is now accepting mining machines from bitcoin miners as collateral for USD loans, according to reports on January 12, 2021. дальше »
2021-1-13 02:00 | |
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Huobi Set For US Return after Acquisition Of Nevada Trust License
Crypto exchange giant Huobi Group is set to make a return to the US market after securing a trust license. This was revealed by Huobi in a Tuesday filing with the Hong Kong Stock exchange. US Operations to Begin In 2021 Huobi revealed that the trust license was issued by the Nevada Financial Institutions DivisionRead More дальше »
2020-12-24 00:00 | |
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Crypto.com Announces Turkish App and Exchange Update
The Hong Kong-based crypto company said they chose the country in the latest update to its app because of the country’s “remarkable” attitude towards cryptocurrencies. “Turkey is an important market for us, both from a geographic perspective due to its location between east and west and the strong affinity its citizens have with cryptocurrency,” said […] дальше »
2020-11-7 11:48 | |
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Ant Group Launches Blockchain-Powered Cross-border Trade Settlement Platform ‘Trusple’
Ant Group, owner of mobile payment app Alipay, launched a blockchain-powered platform for cross-border trade settlements this week. The move came ahead of its IPO, which it plans to list in Hong Kong and on Shanghai's STAR Market next month simultaneously. дальше »
2020-9-27 18:32 | |
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Equos Parent Company, Diginex, Raises $20M Ahead of Planned Nasdaq Listing Later This Month
Diginex, the Hong Kong-based parent company of the cryptocurrency exchange Equos has raised $20 million ahead of its panning listing on the Nasdaq stock market later this month. The funding was raised from a group of private investors through the placement of convertible notes, including family offices in Hong Kong and London, and a hedge […] The post Equos Parent Company, Diginex, Raises M Ahead of Planned Nasdaq Listing Later This Month first appeared on BitcoinExchangeGuide. дальше »
2020-9-10 21:53 | |
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Nongfu Spring, China’s Bottled Watter Giant, Lists on Hong Kong Stock Market, Shares Spike 85%
Coinspeaker Nongfu Spring, China’s Bottled Watter Giant, Lists on Hong Kong Stock Market, Shares Spike 85%Nongfu Spring raised over $1. 1 billion through its IPO which was oversubscribed 1148 times. дальше »
2020-9-8 10:51 | |
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Hong Kong Regulator to Grant Fidelity-backed OSL Digital the First Crypto Exchange License
The Securities and Futures Commission (SFC) of Hong Kong will be issuing a license to cryptocurrency firm OSL Digital Securities, reported Reuters. OSL, a unit of Fidelity-backed BC Group, became the first firm in November last year to apply for a digital license under the market regulator’s new rules allowing cryptocurrency exchanges to opt into […] дальше »
2020-8-23 15:53 | |
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The Latest on the Global Economy’s Most Contentious Relationship
China and the U.S. trade high-profile sanctions, but the real impact is showing up in banks and on the Hong Kong stock market. дальше »
2020-8-10 22:00 | |
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Will the Chinese Stock Market Surge Impact Crypto?
Monday saw the most significant one-day jump in the Shanghai Composite in five years. It closed up 5. 7%, the most since the last bull market of 2015. Leading the charge are Chinese financial stocks, which were amongst the best performers on the trading floors in Hong Kong and Shanghai. дальше »
2020-7-7 22:40 | |
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U.S. Sanctions against China Tailwind for Bitcoin’s Bullish Moves
Bitcoin anticipates market growth as White House National Security Advisor Robert O’Brien threatens China with economic sanctions over Hong Kong national security law. The warning could lead the People’s Bank of China to devalue yuan that, according to Naeem Aslam of AvaTrade, could prove disastrous for all currencies. дальше »
2020-5-25 07:53 | |
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Fidelity International Invests in Hong Kong Crypto Company BC Group
Fidelity International hallmarks Asian crypto market expansion with BC Group investment
дальше »2020-2-22 20:37 | |
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Hong Kong’s Coronavirus Claim Is a Problem for the Stock Market
The stock market cheered the opening of China’s factories on Monday. But now there are fresh concerns about the lingering presence of the coronavirus in public places that threaten to derail progress in the S&P 500. дальше »
2020-2-11 03:00 | |
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Cardano (ADA) Announces PwC Partnership As Goguen Update Nears
Non-profit blockchain project Cardano (ADA) has announced a strategic partnership with global consultancy powerhouse PwC to boost market adoption of its native token. Cardano’s CEO Hoskinson Announces PwC Partnership In a YouTube live stream on Monday (January 27, 2020), Input Output Hong Kong (IOHK) CEO and founder of Cardano Charles Hoskinson disclosed plans to pushRead MoreRead More. дальше »
2020-1-29 15:00 | |
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Chain2020 to Host Over 10,000 Participants in Hong Kong to Discuss Blockchain
The year 2019 ended with so much to look forward to in the blockchain and cryptocurrency industry – stretching from regulatory uncertainties, unpredictable cryptocurrency market situations, government digital currencies, and all the way to what seems like an adoption-limbo in the industry. дальше »
2020-1-12 11:32 | |
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Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020
12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. дальше »
2019-12-22 03:15 | |
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Focus Shifts to Bitcoin (BTC) as HSBC Closes an Account Linked to Hong Kong Protestor Funding
In a bid to protect the Crypto market, HSBC shutters an account that is alleged to have been used to fund protestors in Hong Kong. This is according to a recent release by the Hong Kong Economic Journal dated November 18. дальше »
2019-11-21 22:48 | |
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Hong Kong’s New Criteria on Crypto Exchanges Actually Isn't Important
Experts discuss whether Hong Kong’s new framework for crypto exchanges will actually have a positive impact on the local market
дальше »2019-11-15 15:10 | |
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Dow Turns Positive Thanks to Monster 4% Rally In Boeing (BA) Stock
The Dow Jones rose a measly 22 points on Monday as Boeing and Walgreen’s posted massive gains. It was a generally weak day for the U. S. stock market after negative headlines from Hong Kong and the Trump administration knocked risk sentiment. дальше »
2019-11-12 22:15 | |
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Hong Kong Securities and Futures Commission Regulates Crypto Exchanges, Bitcoin Futures Not Allowed
New rules for cryptocurrency exchanges are here. A potential step was taken by Hong Kong’s financial regulator to improve the regulation and standards within the cryptocurrency market. As it publishes new rules for crypto exchanges can now apply for an operating license. дальше »
2019-11-7 23:33 | |
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Janice Lee named new CEO of crypto exchange IDCM
International Digital Currency Markets (IDCM), a Hong Kong-based cryptocurrency exchange company, announced that its former vice president Janice Lee has been officially appointed as the CEO. She will be fully responsible for various work in the group such as strategic decision-making, market operation, and team management. дальше »
2019-11-4 16:09 | |
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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq
Mining rig manufacturer Canaan has filed for an IPO with the U. S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. дальше »
2019-10-30 04:30 | |
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Facebook can be the catalyst for global crypto-adoption: Coinbase UK CEO
2019 is being proclaimed as the year which will finally see mainstream crypto-adoption, mainly because of the influx of institutional investors through the crypto-derivatives market, and the rising number of crypto-users in developing countries like Venezuela, Iran and Hong Kong. дальше »
2019-10-24 12:32 | |
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Ping An’s Blockchain FinTech Wing OneConnect Plans US IPO in Mid-November
OneConnect is Ping An's insurance financial technology unit. The company is aiming at a stock market debut in the US in November. This is according to credible sources from Hong Kong. OneConnect is China's biggest insurer, and it is said to instigate an initial public offering in the United States. The news was reported on […] дальше »
2019-9-23 19:26 | |
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Digital Asset Exchange OTCXN Adds Hong Kong Regulated, Aegis Custody, As A Crypto Custodian
OTCXN, an institutional-grade platform for crypto investors, announced the addition of Aegis Custody to its list of digital asset custodians on Sept 12. The recent partnership aims to boost the adoption of digital assets trading among institutional investors while increasing the liquidity across the market. дальше »
2019-9-13 19:17 | |
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Dow Euphoria Fades as Hong Kong Protesters Beg for Trump's Help
The Dow Jones rally sputtered on Monday, culminating in an uninspiring 35 point advance on the day as the wider stock market turned lower. Monday’s market hiccup indicated fading optimism, as positive developments in the trade war, Hong Kong, and Brexit all faced sober reevaluations. дальше »
2019-9-10 22:42 | |
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Dow Futures Explode Higher as Hong Kong Bows to Protestors
Dow Jones Industrial Average (DJIA) futures climbed 200 points higher in early trading Wednesday. Optimism returned to the market as Hong Kong leader Carrie Lam bows to protestor demands and restores some calm to Asian stock markets. дальше »
2019-9-5 13:00 | |
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Market Bets Spike on 70% Chance Hong Kong Dollar Peg to Dive
Bets against the Hong Kong Dollar (HKD) have spiked with chances it falls in the next six months at 55%, up significantly from just 13% only last month. Option traders... The post Market Bets Spike on 70% Chance Hong Kong Dollar Peg to Dive appeared first on Trustnodes. дальше »
2019-8-19 16:42 | |
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Hong Kong Crypto Investors Are Paying More For Bitcoin Amid Political Protests
As you may know, the political situation in Hong Kong is pretty unstable right now. This is also affecting the market. During these times of political uncertainty, traders using the P2P platform LocalBitcoins are paying around $300 USD more to buy a single Bitcoin. дальше »
2019-8-15 22:06 | |
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Bitcoin as a Hedge Against Uncertainty Is An Overstated Narrative
Demand for Bitcoin in Argentina and Hong Kong is such that locals are paying up to 10% above market price. The ongoing unrest in both regions has led to soaring Bitcoin demand, as investors look to hedge against the system. дальше »
2019-8-14 17:25 | |
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