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Powercrypto Holdings Rolled Out Hong Kong-based BTC & ETH mining

Powercrypto Holdings – a Powerbridge Technologies blockchain software firm subsidiary – reportedly disclosed details surrounding the release of a sustainable crypto mining initiative for...

| Oct 09, 2021 07:27

Hong Kong Deep-dived Into CBDC As Included In Fintech Initiative

The Hong Kong Monetary Authority (HKMA) reportedly issued an official white paper, detailing the plan for studying the potential of a retail-centric CBDC – the digital Hong Kong dollar (e-HKD)....

| Oct 05, 2021 13:52

Thai SEC Granted License to Ethereum-powered Real Estate Initiative

The Securities Exchange and Commission of Thailand reportedly issued a license supporting an asset-backed token offering service, which operates across the Ethereum blockchain. Specifically,...

| Sep 21, 2021 15:08

Hong Kong OTC Trading Company Finalized Acquisition of OMG Network

OTC trading company Genesis Block has reportedly finalized the acquisition of the Second-layer Ether-powered scaling platform OMG Network. Specifically, the finalization of the acquisition was...

| Dec 16, 2020 11:00

Hong Kong Plans to Regulate All Cryptocurrency Trading Platforms Operating in The City

Hong Kong will require all cryptocurrency trading platforms to apply for a license from the Securities and Futures Commission. Hong Kong is planning to make changes to the regulations that govern its...

| Nov 08, 2020 07:15

First Hong Kong-based Authorized Crypto Fund Looks to Secure $100Mln

Venture Smart Asia has reportedly rolled out an authorized crypto fund, marking the first of its kind throughout Hong Kong, which looks to secure $100 million under management in the first year. ...

| Apr 21, 2020 12:39

Hong Kong And Abu Dhabi Made Changes to Crypto Regulations For AFTF Compliance

A few changes will be made to the crypto-related Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) policies, in an attempt for better supervision of the sector. Specifically revealed...

| Feb 28, 2020 14:02

Fidelity International Finalized $17Mln Stakes Purchase Of Hong Kong Crypto Firm BC Group

Fidelity International has reportedly finalized an investment initiative, via stake acquisition of BC Group, the firm that runs OSL – an institution-focused digital asset platform across the...

| Feb 22, 2020 16:28

Hong Kong-based Blockchain Remittance Startup Bitspark Shuts Down due to Failed Internal Restructuring

Hong Kong-based blockchain remittance startup Bitspark had announced that it will terminate its services on March 4. The announcement is quite startling as the company had an excellent performance...

| Feb 06, 2020 15:45

Diginex, United Nations Launch Blockchain Tool To Decrease Exploitation Of Hong Kong Migrant Workers

Diginex and a United Nations related organization have announced the launching of a blockchain tool to protect immigrant workers in Hong Kong from exploitative practices. Blockchain tech firm Diginex...

| Dec 18, 2019 16:32