Hong Kong Financial News

26.07 / 12:59
Study Bitcoin Hong Kong positioned as the most crypto-ready country in 2022
While public acceptance remains key to crypto’s existence, the road to mainstream crypto adoption requires governments to set up a supporting infrastructure that complements the requirements of the technology and the people. 
26.07 / 12:51
Binance Man Action Forbes HK Binance Sues Bloomberg Businessweek for Defamation in HK
A Bloomberg media subsidiary in Hong Kong is under legal challenge and being sued for defamatory comments on an article published by the publication about Binance Chief Executive Changpeng Zhao (CZ).
26.07 / 09:53
cryptocurrency NOT What Crisis? Not All Gloom And Doom, Venture Capitalists Bet Big On Crypto
Cryptoverse: What crisis? Venture capitalists bet big on crypto
26.07 / 08:27
business Binance Bloomberg Binance CEO sues Bloomberg subsidiary alleging defamation
Binance chief executive Changpeng Zhao is suing Bloomberg Businessweek in Hong Kong, accusing the outlet of defamation.
26.07 / 07:03
The lingering effects of Long Boris
Chris Patten, the last British governor of Hong Kong and a former EU commissioner for external affairs, is chancellor of the University of Oxford and author of The Hong Kong Diaries
25.07 / 22:27
business Asia Survey Over a quarter of Asian Pacific ‘emerging giant’ startups tied to blockchain: Report
The Asia Pacific region is seeing a major business shift with increasing numbers of new technology startups appearing, even as venture capital investment is decreasing compared to last year. A report from Big Four accountant KPMG and international banking company HSBC based on a survey of 6,472 Asian Pacific startups found that over a quarter of them are blockchain related. 
20.07 / 12:27
cryptocurrency Amazon coindcx CoinDCX ropes in former Amazon Pay India director Gaurav Arora as senior vice president
Coinbase-backed crypto exchange CoinDCX has roped in Gaurav Arora as senior vice president to focus on developing use cases of crypto and blockchain technology, said the company. 
14.07 / 19:59
business Withdrawals CoinFLEX resumes withdrawals, limiting users to 10%
Cryptocurrency exchange CoinFLEX is partially reopening user withdrawals, raising cautious optimism that the company was gradually recovering from liquidity constraints that were triggered by a high-profile client default. 
13.07 / 12:31
cryptocurrency CryptoExplainer crypto news 'Same Risk, Same Regulation' For Stablecoins, Say Global Regulators
Global regulators back 'same risk, same regulation' for stablecoins
12.07 / 03:47
UPS FLEX NOT CoinFLEX users are not in the clear- Fresh concerns hot off the press
In a recent announcement dated 9 July, co-founders of CoinFLEX, Sudhu Arumugam and Mark Lamb outlined steps they intend to take in order to help the exchange out of its current liquidity crisis. 
11.07 / 13:07
Action FLEX CoinFLEX to Sue Robert Ver to Recover $84m Outstanding Debt
CoinFLEX, a Hong Kong-based physical futures crypto exchange, announced last Saturday that it has taken legal action to recover $84 million from a single long-term serving client.
11.07 / 13:07
Digital CEO Hong Kong's Market Regulator Elected as new FCA Chair
The United Kingdom’s Financial Conduct Authority (FCA) has announced Hong Kong's CEO of Securities and Futures Commission of Hong Kong as its new Chair, with the scheduled projection for his term to commence in January 2023.
11.07 / 06:23
business Liquidity Funding recovery Withdrawals open CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals
Crypto investment platform CoinFLEX is moving forward with its plan to reclaim $84 million in funds by starting arbitration procedures in Hong Kong against an individual account holder.
08.07 / 20:01
regulation Financial Hong Kong securities regulator CEO to lead UK financial watchdog
Ashley Alder, the CEO of Hong Kong’s Securities and Futures Commission, will become the next chair of the United Kingdom’s Financial Conduct Authority.
08.07 / 18:21
UPS Citi CEO New FCA chair appointment sets up ‘uncomfortable’ talks with CEO Rathi
The appointment of a new chair of the Financial Conduct Authority could set up some "uncomfortable" discussions among the regulator's top brass, according to City insiders.
08.07 / 18:19
Binance SEC USDC Bitcoin Blockchain.com's USD 270M Exposure to Three Arrows Capital + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
08.07 / 14:45
Citi Trading Places: HSBC’s Kirk quits, FCA appoints new chair
While all eyes were drawn to Westminster this week, there were still plenty of movers and shakers in the City that caught our attention.
08.07 / 10:35
CEO FCA appoints top Hong Kong regulator Ashley Alder as new chair
One of Hong Kong’s top financial officials, Ashley Alder, is leaving his role as chief executive of the city’s markets regulator to become chair of the Financial Conduct Authority.
08.07 / 04:57
FIVE ETF Tencent BlackRock ETFs come to China with a vengeance
BEIJING — China has joined the global craze over exchange-traded funds, the investment product that lets traders buy and sell a basket of stocks.
07.07 / 17:31
UPS Sky News FCA lines up Hong Kong regulator as next chair
The Financial Conduct Authority has lined up the boss of the Hong Kong markets regulator as its next chair, Sky News reports.

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