Crypto Security Company Ledger Opens Branch in Hong Kong
Crypto hardware firm Ledger opens a branch in Hong Kong to extend its services to the Asia Pacific Go to Source Powered by WPeMatico
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Central Bank-Issued Digital Currencies: Why Governments May (or May Not) Need Them
Here are the pros and cons of having a central bank-issued digital currency — along with the list of countries that chose to adopt or dismiss the idea Go to Source Powered by WPeMatico
Crypto, Blockchain Should Be Regulated Under Existing Frameworks, Says HKEX Report
A new Hong Kong Stock Exchange reports proposes that crypto and blockchain should be regulated in line with existing regulatory principles Go to Source Powered by WPeMatico
BTCC Launching Cryptocurrency Exchange in South Korea
Hong Kong-headquartered cryptocurrency exchange BTCC is reportedly launching services in South Korea this month. In addition to a cryptocurrency exchange, the company will offer a wallet service, a mining pool, and a consumer payments service, according to its Korean website. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals BTCC Expanding Into South … Read more
Report: Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications
Bitfinex has reportedly shifted its banking business to Hong Kong, with U.S.-based Citibank as the intermediary bank for U.S. dollar wire transfers Go to Source Powered by WPeMatico
Hong Kong Regulator: Cryptocurrencies ‘May Not Qualify as Securities’
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. Also Read: Fidelity Launching Crypto Custody and Trading Services Key Challenge for Legislators “We have to … Read more
Hong Kong’s Security Watchdog to Propose Crypto Regulation, Chairman Says
The chairman of Hong Kong’s securities watchdog — who is about to retire — announces possible regulation for crypto exchanges Go to Source Powered by WPeMatico
Hundreds of ICOs Being Secretly Investigated by SEC, Claims Report
Hundreds of startups are reportedly being “secretly” targeted by the U.S. Securities and Exchange Commission for their involvement with initial coin offerings. Companies that participated in ICOs are now scrambling to clarify whether their token constituted a security, and, if so, whether it was properly registered with or exempted by the SEC. Also read: Europe, … Read more
Mobile SMS Bitcoin Cash Wallet Cointext Expands to Asia
Hong Kong is the first country in Asia to officially be connected by Cointext, a service which enables anyone to send money to mobile phone numbers or Bitcoin Cash addresses without Internet, apps, or accounts. In addition to residents of the Chinese autonomous territory, Israelis and Palestinians also now have access to the service. Also … Read more
Salt to Offer Crypto-Backed Loans in 7 Global Markets, 15 More US States
Salt, a cryptocurrency-backed loan service, has announced plans to launch operations in seven new jurisdictions throughout the world, while offering its services in 15 more U.S. states. It will also include litecoin (LTC) among its offerings, while providing more competitive interest rates and removing loan caps. Also read: Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic … Read more
