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Hong Kong
Hong Kong is a significant hub in the global cryptocurrency landscape, home to numerous blockchain companies, crypto exchanges, and enthusiasts. The region boasts a robust regulatory framework, fostering a conducive environment for crypto-related activities. Renowned crypto exchanges like Bitfinex and OKEx are headquartered here, facilitating vast daily trading volumes. Hong Kong's blockchain networks are advanced, supporting various protocols and fostering innovation in the crypto space. The region's crypto community is diverse, involving investors, traders, developers, and blockchain startups. Despite its traditional finance background, Hong Kong has embraced the digital asset revolution, positioning itself as a leading player in the crypto world.
Babel Finance Bets on Longtime Fintech Hand to Help Navigate Regulatory Landscape
The Hong Kong-based crypto lender says new CFO Edmond Lau will oversee $500 million in assets under management.
India Issues CBDC Update, Korea Threatens to Block Exchanges
India issues update on CBDC plans. Korea threatens to block access to foreign crypto exchanges. Hong Kong’s Animoca Brands launches NFT accelerator. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Binance Ditches Stock Tokens Amid Intensifying Global Crackdown
Crypto exchange Binance said stock tokens are unavailable for purchase on its website effective immediately, citing the need to focus on other products. This comes amid news Hong Kong is the latest jurisdiction to warn the exchange about its operations.
Hong Kong, Lithuania Issue Binance Warnings
Hong Kong's Securities and Futures Commission said no entity in the Binance Group is registered to conduct any regulated activity.
India Seeks Crypto Advice, K-Drama Joins NFT Bandwagon
Indian High Court seeks advice on crypto advertising disclaimers. Hong Kong customs make the first crypto-related money laundering bust. K-drama “Vincenzo” joins the NFT bandwagon. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Hong Kong Arrests 4 in Alleged $155M Crypto Money-Laundering Scheme: Report
Customs authorities say the alleged money laundering syndicate charged criminal clients a commission of 3% to 5%.
Sotheby’s Sells Rare Diamond for $12.3M in Crypto
The auction house said "a milestone was reached in the adoption of cryptocurrencies."
An Alternative Theory for China's Tech Crackdown
China's leaders say it's about all cybersecurity, but some observers see financial control as the larger goal.
Gemini Exchange to Expand Asia-Pacific Operations in a Bid to Capture Growth
The company will open offices in Australia and Hong Kong.
Metaverse Hot in South Korea, Decentralized Theme Park Hits Hong Kong
Metaverse funds become a hot topic in South Korea. Hong Kong tries out a decentralized theme park prototype. Forkast.News continues its new three-part series with the Judith Neilson Institute on China’s blockchain developments. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”