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.


Markets

Guangdong Blockchain Financing Platform Aims to Help Small Business

A new platform backed by Guangdong province aims to streamline the process for commercial banks to lend funds to small businesses with more detailed and reliable profiles provided by its blockchain network.

Guangdong city image via Shutterstock

Markets

Hong Kong Blockchain VC Hires Former NEO Exec to Launch Shanghai Office

Former NEO general manager Zhao Chen joins Hong Kong-based venture capital firm CMCC Global to lead blockchain equity investments in mainland China at a new Shanghai office.

China financial district

Markets

UN to Use Blockchain to Tackle Exploitation of Migrant Workers in Hong Kong

The new initiative will help ensure migrant workers aren’t charged unethical fees.

Credit: Shutterstock

Tech

Global Protests Reveal Bitcoin's Limitations

Protesters across the globe are testing out bitcoin and other decentralized technologies – then promptly discovering their limitations.

Hong Kong protest image via Shutterstock

Markets

Tencent to Build Virtual Bank After Hong Kong Regulator Approves License

Tencent received the green light from the Hong Kong Securities and Futures Commission to build a blockchain-based virtual bank.

Tencent

Markets

Hong Kong Regulator to Treat Some Crypto Exchanges Like Brokers

The Securities and Futures Commission will license crypto trading platforms like traditional brokers if they offer security tokens.

HK

Markets

North Korea Set Up a Blockchain Firm to Launder Crypto to Cash: UN

North Korea set up a Hong Kong blockchain firm in a bid to to launder stolen cryptocurrency and avoid sanctions, the UN has reportedly said.

North Korea military parade

Markets

Flaws in LocalBitcoins Data Call Into Question Regional Adoption Claims

LocalBitcoins data is a starting point for research, but it isn't conclusive evidence of grassroots adoption.

South America

Markets

Hong Kong Securities Watchdog Issues Rules on Funds Investing in Crypto

Hong Kong's Securities and Futures Commission (SFC) has issued regulations for fund managers investing in "virtual assets."

hong kong, asia

Markets

Huobi Plans Backdoor IPO Attempt in Hong Kong, Document Suggests

Cryptocurrency exchange Huobi appears to be inching towards a reverse initial public offering, according to a filing with Hong Kong Stock Exchange.

Hong Kong Stock Exchange (Shutterstock)