Cryptocoins News / CoinJournal - 2 years ago
First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said.
All reserves will be held in segregated accounts at regulated financial institutions.
The FDUSD stablecoin will launch on...
Cryptocoins News / The Cointelegraph - 2 years ago
The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation. First Digital Group, a Hong Kong-ba...
Cryptocoins News / Finance Magnates - 2 years ago
Hong Kong
rolled out new rules on Thursday to guide the cryptocurrency industry in the
Chinese special administrative region. Crypto exchanges operating in the jurisdiction
are now required to get licensed to offer their services to retail traders.Ho...
Cryptocoins News / The Cointelegraph - 2 years ago
The new consortium will provide ratings of digital asset trading platforms and cryptocurrency market indexes when it becomes operational. Huobi has become the first me...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
The Central Bank of the United Arab Emirates published rules for businesses and institutions interacting with cryptocurrencies and digital assets.The UAE’s new guidance will oversee anti-money laundering and counter-terrorism fina...
Cryptocoins News / Blockchain - 2 years ago
The Hong Kong Securities and Futures Commission (SFC) announced that the upcoming guidelines for operators of virtual asset trading platforms will place investor protection at the forefront. (Read More)
Cryptocoins News / The Cointelegraph - 2 years ago
The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.” Hong Kong and the United Arab Emirates’ (...
Cryptocoins News / Blockchain - 2 years ago
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) convened a bilateral meeting on May 29, intending to amplify cooperation in the financial services arena between the two regions. (Read More)
More / Bitcoin Reddit - 2 years ago
On June 1st banks in Hong Kong will be allowed to buy, sell and suggest to the retail clients to buy Bitcoin. You understand that this event will push Bitcoin prices up. Don't miss your chance to buy Bitcoin cheaply. Follow for more insights #bit...
Cryptocoins News / The Cointelegraph - 2 years ago
Hong Kong’s retail trading regime is days away from going live and crypto exchanges are keen to make entry into the region. The race to snatch up Hong Kong retail cryp...
Bitcoin News / Bitcoin.com - 2 years ago
On May 29, Huobi HK announced its expansion of services after Hong Kong implemented its new crypto exchange license system. The platform now provides spot and custodial services to both retail and institutional customers in Hong Kong. Huobi’s update...
Cryptocoins News / CoinJournal - 2 years ago
BitHK will offer spot trading and looks to launch a P2P exchange for Hong Kong users.
The exchange will submit an application for registration as a VASP with the Hong Kong Securities and Futures Commission (SFC) on 1 June.
Another exchange, Huobi HK...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency exchange CoinEX has launched a digital asset trading platform
for its users in Hong Kong. Dubbed BitHK, the
platform, which seeks to apply for a Virtual Asset Service Provider (VASP)
license from the Securities and Futures Commissi...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Huobi HK applied for a virtual asset exchange license after setting up shop locally in Hong Kong.The new division of Huobi will now allow retail and institutional customers to trade crypto spot pairs through the main exchange website.Ot...
Cryptocoins News / The Cointelegraph - 2 years ago
The platform was launched to promote crime prevention in the metaverse as “all crimes in the cyberspace could also happen in the metaverse." The cyber security unit of...
Cryptocoins News / The Cointelegraph - 2 years ago
The platform was launched to promote crime prevention in the metaverse, with the police warning that “all crimes in the cyberspace could also happen in the metaverse.“...
by COINS NEWS - 2 years ago
Context: I've been to China and I've been to Hong Kong, in both cases for work. To speed up the conversation here: the currency people use in Hong Kong is the HKD, and in mainland China, people use the RMB. In mainland China, you cannot acce...
by COINS NEWS - 2 years ago
If there is just one thing, apart form bull market and bear market, that has been consistently and cyclically happening in Crypto for nearly forever, it is probably the so-called “China Crypto Cycle“. While that name may be a complete invention...
Cryptocoins News / The Cointelegraph - 2 years ago
This week’s Crypto Biz explores Hotbit’s closure, Hong Kong’s licensing of crypto firms, Bitstamp’s acquisition by Ripple and Ledger’s branding crisis. Another central...