South Korea’s government plans to enforce strict regulations on cryptocurrency exchanges, blocking those that fail to comply with new security standards. This move aims to enhance investor protection and curb illicit activities within the volatile crypto market.
The Hong Kong government is considering allowing Bitcoin purchases on licensed local exchanges as part of its investment immigration program. The news was announced by the Hong Kong Financial Services and Treasury Bureau (FSTB) on […]
Hong Kong is considering the possibility of introducing Bitcoin and cryptocurrency exchange-traded funds (ETFs) to its financial markets. The Securities and Futures Commission (SFC) of Hong Kong is currently evaluating the potential of such products […]
Police in Hong Kong have issued an alert about an SMS phishing scam, after it was revealed that over 446,000 in Binance user funds had been drained. Authorities have warned members of the public to exercise caution when handling online transactions.
Despite the ongoing crypto winter, the OTC markets in Hong Kong and China remain active, according to Chainalysis. This reveals the underlying resilience of the crypto markets despite the current bear market.
FTX has filed a lawsuit against two former employees of its Hong Kong affiliate. The lawsuit accuses the ex-employees of failing to return confidential information belonging to the company after their resignation.
FTX sued several former employees of its Hong Kong affiliate, claiming they unlawfully made off with $157 million. The exchange is seeking reimbursement for the funds, plus damages.
Hong Kong authorities have reportedly cracked down on crypto influencers tied to JPEX, citing potential market manipulation and money laundering. The news marks a significant step that could have a lasting impact on the international crypto market.
The Hong Kong Monetary Authority (HKMA) has warned digital asset firms against claiming to have any form of banking license, asserting they should not mislead the public into believing they have such authorization.
The grand move is among the first of its kind, as SEBA Bank is awarded a license from the Hong Kong Monetary Authority (HKMA) to offer crypto assets and digital financial services and enable users to trade and manage crypto assets.