City Hong Kong Financial News
07.01 / 19:01
Ethereum
regulation
Bitcoin
Withdrawals
Customers
Hong Kong-based Coinsuper allegedly blocks customers' withdrawals
A cryptocurrency exchange in Hong Kong has reportedly stopped all withdrawal requests, according to reports. Coinsuper is the sole crypto firm in China that is licensed by the government, and was founded by a former senior UBS Group AG executive in November 2017.
06.01 / 15:13
business
Real Estate
Bitcoin
Hong Kong real estate giant leads $90M raise for crypto bank Sygnum
Sun Hung Kai, one of the largest property developers in Hong Kong, continues betting on the cryptocurrency industry by investing in Swiss crypto outfit Sygnum.
06.01 / 05:17
NFT
Investments
security
BUG
Nifty News: Rarible fixes bug, real home and virtual twin auction, Mega City in The Sandbox
NFT marketplace Rarible temporarily cancelled orders from OpenSea and sent a series of tweets today outlining how it plans to help combat what it called “risky sale orders” on OpenSea with a new order management tool.
29.12 / 09:01
Technology
Nature
Media
raid
Hong Kong police raid pro-democracy news outlet, arrest 6
Hong Kong police raided the office of an online pro-democracy news outlet on Wednesday after arresting six people for conspiracy to publish a seditious publication, the latest moves in a crackdown on dissent in the city.
23.12 / 23:05
Adoption
Gaming
Metaverse
Sandbox
PwC Hong Kong purchases land plot in The Sandbox
PwC Hong Kong, an international subsidiary of the global PricewaterhouseCoopers (PwC) organization, announced Thursday its emergence in the metaverse space with the acquisition of LAND in the popular world The Sandbox.
23.12 / 08:35
History
Hong Kong university removes Tiananmen massacre statue
A monument at a Hong Kong university that commemorates the 1989 Tiananmen Square massacre was removed by workers early Thursday over the objections of its creator from Denmark.
16.12 / 13:18
Provident
Digital
Platform
Bitcoin
Hong Kong Sees Stable Number of Crypto Kiosks, but Popularity Remains Questionable
Hong Kong has a stable number of cryptocurrency kiosks, which are also called automated teller machines (ATMs). However, their popularity remains questionable.
10.12 / 12:53
Provident
Digital
CEO
Platform
Virtual assets
Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox
As residents in Hong Kong struggle to purchase physical property due to high housing prices, The Sandbox's virtual assets could be a lucrative investment opportunity for many.
08.12 / 20:41
business
Stablecoin
Funding
Venture Capital
Hong Kong-based Chiron Partners launches $50M Terra fund
Hong Kong venture capital firm Chiron Partners has launched a new ecosystem fund dedicated to Terra (LUNA), opening the door to new innovations for the layer-one decentralized finance, or DeFi, protocol.
30.11 / 13:19
Blockchain
Citi
Digital
Platform
【Feature】New Art Landscape of NFT Shaping in Hong Kong
Although Hong Kong's art scene is already booming lucratively with galleries and auction houses showcasing world-class art pieces, the city is on its way to adding another milestone on its journey with non-fungible tokens (NFTs).
26.11 / 17:13
Binance
CEO
Strategy
Interface
Flurry Finance Deploys on Polygon After Hitting USD 3 Million TVL in Just a Month of Launch
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
25.11 / 14:31
Citi
JPMorgan
Morgan Stanley joins JPMorgan in paying bankers’ Hong Kong quarantine bills
Morgan Stanley and JPMorgan will compensate their Hong Kong-based employees for quarantine hotel expenses incurred in returning to the city from certain types of personal travel.
22.11 / 11:05
COST
UPS
JPMorgan
Costs
JPMorgan offers to reimburse Hong Kong bankers’ quarantine costs
JPMorgan has told Hong staff it will pay up to $5,000 back in compensation for their quarantine stay when they return to the city if they want to visit loved ones from December 1 to 22 November.
18.11 / 08:51
Credit Suisse names new Asia-Pacific head of wealth management
Credit Suisse Group has appointed Benjamin Cavalli as the head of wealth management for Asia-Pacific and as the chief executive of its Hong Kong branch.
17.11 / 16:05
Solomonic
Goldman Sachs chief warns China, Hong Kong border controls are a ‘headwind’ on talent
Goldman Sachs chief executive David Solomon said mainland China and Hong Kong’s strict border controls are creating staffing challenges, as the region’s tight quarantine regime wears on foreign workers and businesses.
17.11 / 04:19
Crime
Tether
security
In-person Tether Swap Turns into Bloody Kidnap Ordeal for USD 3M Crypto Trader
Bitcoin (BTC) holders are not the only ones in danger of kidnap attempts – stablecoin advocates are also falling victim to opportunistic attackers hoping to get their hands on these coins.
16.11 / 19:29
Citi
JPMorgan
Hong Kong hits back after allowing JPMorgan’s Jamie Dimon to skip quarantine
A 32-hour visit to Hong Kong by JPMorgan chief executive Jamie Dimon has drawn attention to how shut-off the Chinese financial hub has become after two years of keeping coronavirus cases at bay.
11.11 / 23:33
UPS
Digital
CAD
Валюта
Hong Kong virtual insurer partners with exchange, brings crypto insurance to Asia
In an industry riddled with frequent scams and hacks, the protection of investments is paramount for investors. In fact, the need for cryptocurrency asset insurance has been in the cads for a while now.
11.11 / 15:43
Adoption
Bitcoin
Holdings
Hong Kong firm to offer insurance for Asian cryptocurrency holdings
A major Asian insurer has ventured into Bitcoin (BTC), in an attempt to provide a model for other businesses in the field.
05.11 / 05:41
Fallout
Fitch
Chinese real estate developer Kaisa halts trading in Hong Kong, as debt concerns escalate
Hong Kong listed shares of Chinese real estate developer Kaisa Group Holdings were halted on Friday, following news that it had missed a payment on a wealth management product earlier this week.
03.11 / 20:39
Adoption
ETF
Bitcoin
crypto ETFs
Hong Kong regulator re-evaluates retail crypto ETFs laws
The Securities and Futures Commission, or SFC, in Hong Kong is reviewing regulations surrounding virtual currency transactions, including whether individuals can invest in exchange-traded funds, or ETFs.
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