Hong Kong

The crypto market sent the price of ethereum classic (ETC) higher in the early hours of Monday (UTC time), despite the news that one of the top 35 crypto networks by market capitalization suffered its third 51% attack in a month.

Ethereum Classic Up by 3% Today After Third 51% Attack In a Month

The crypto market sent ethereum classic (ETC) prices higher in Monday’s early hours (UTC time), amid reports that one of the top 35 market capitalization crypto networks experienced its third 51% attack in a month. ETC trades at USD 6.68 at pixel time (04:46 UTC) and rises by 3% per day, decreasing its weekly losses […]

Hong Kong and Abu Dhabi to change their crypto regulations to comply with FATF

Hong Kong and Abu Dhabi Change Crypto Regulations to Align with FATF

On Feb 26, Hong Kong’s financial secretary Paul Chan stated that his administration will strengthen its Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) policies regarding cryptocurrencies. In his recent budget speech, Chain indicated that the amendments will address recommendations made by the global financial watchdog, the Financial Action Task Force (FATF). New Regulations to affect […]

Binance now allows deposits in hong kong dollars

Crypto Exchange Binance Adds Hong Kong Dollars to Fiat Gateway

Binance, one of the world’s foremost cryptocurrency exchanges, now allows deposits in Hong Kong dollars. According to the Feb 21 announcement, Binance now offers both deposits and withdrawals in Hong Kong dollars without any deposit fees. After depositing Hong Kong dollars, users are free to spend them on cryptocurrency. Deposits are enabled through a partnership […]

cryptocurrency adoption in hongkong

Cryptocurrency adoption in Hong Kong increases amid the protest

Cryptocurrency adoption in Hong Kong started with the recent protests that allowed citizens to look beyond the fiat currencies. As this week’s protests against Chinese interference in Hong Kong intensified, so too did the demand for bitcoin…

Stan Group seeks regulatory permit

Hong Kong Based Property Firm Stan Group Seeks Regulatory Permit

Hong Kong-based major property firm, Stan Group seeks a regulatory permit for its real estate assets. The firm is planning to meet the regulatory body of Hong Kong in the upcoming year. It wants the approval to sale the tokenized properties via blockchain technology. If the application gets approval, Hong Kong will witness the legal […]

Logistics Data, Hong Kong’s 2nd Largest Terminal Operator Blockchain For Logistics Data

Hong Kong’s 2nd Largest Terminal Operator Switches To Blockchain For Logistics Data

Modern Terminals, a container terminal operator in Hong Kong, has adopted TradeLens, a blockchain-enabled technological solution, for documenting logistics data. The solution is developed by the duo, Maersk and IBM. As claimed, the solution will help in digitizing and streamlining the global supply chain process thereby improving the efficiency.