Hong Kong plans to ban retail trading of cryptocurrencies
Cryptocurrencies will now come under fresh regulations in Hong Kong as its Securities and Futures Commission (SFC) proposes to ban retail investors from trading in cryptocurrencies. The…
Tag: Hong Kong
London Stock Exchange’s Trading Tech to Power New Crypto Exchange
The London Stock Exchange (LSE) is providing the trade-matching technology for an upcoming cryptocurrency exchange in Hong Kong. The LSE Group announced Tuesday that its Millennium Exchange…
BITMAIN BUILDING A FARM FOR CRYPTO MINING IN TEXAS
Bitmain, one of the largest cryptocurrency mining companies has announced plans for the operation of a new mining facility. The blockchain data center, commonly known as a…
Bitmain Plans Overseas IPO, Earned $1 Billion in Net Profit in Q1, Sources Report
Jihan Wu, the co-CEO of crypto mining hardware giant Bitmain, is reportedly planning to conduct an overseas initial private offering (IPO), Fortune’s crypto-focused section The Ledger reports July 30. Bloomberg…
Binance Exchange Backs First-Ever Decentralized Bank in Malta
Binance, one of the biggest cryptocurrency exchanges in the world, is reportedly among a number of investors backing a decentralized bank to be launched in…
Hong Kong and Singapore Welcome Chinese and South Korean ICOs
As China continues on the path of restrictive and ambiguous regulation over their growing fintech industry, tech companies are leaving in droves for the more welcoming shores…
Crypto Exchange OKEx to Roll Back Trades After Futures Plunge
Hong Kong-based crypto trading platform OKEx will roll back futures transactions following what it called an “irregular” sell-off. OKEx, operated by cryptocurrency exchange OKCoin, said Friday that…
Ripple ‘Very Confident’ of Hitting China’s Market This Year with Blockchain Payments Solution
Ripple is ‘very confident’ that it will hit China’s market this year with its blockchain-based payments solution, according to reports. Sagar Sarbhai, Ripple’s head of government…
Second Securities Regulator Halts ‘Black Cell’ Token Sale
Hong Kong’s Securities and Futures Commission (SFC) has halted an initial coin offering (ICO) on the grounds that the issuer was selling securities out of…
Fake PBOC Email Sent to U.S. Media in Attempts to Manipulate Bitcoin Market
Yesterday, U.S. media outlets were sent a bogus email from an individual claiming to be a representative of the People’s Bank of China (PBOC). The…