Cryptocoins News / The Cointelegraph - 1 year ago
China and Hong Kong are pouring money into the blockchain logistics industry to take the lead. After Danish logistics firm Maersk terminated its blockchain-based suppl...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong has already taken serious steps to develop the Web3 industry and its financial secretary says now is the right time to keep moving forward. Now is the "righ...
Cryptocoins News / The Cointelegraph - 1 year ago
The Chinese government-backed CPIC Investment Management is launching two crypto funds related to blockchain investment and staking. The Chinese government appears to...
Bitcoin News / Bitcoin.com - 1 year ago
One of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory a...
Cryptocoins News / The Cointelegraph - 1 year ago
Lucy Gazmararian, an advisory group member to Hong Kong’s securities regulator, said its crypto rules might present short-term challenges to crypto startups. The stand...
Cryptocoins News / Blockchain - 1 year ago
Paris-based Kaiko's CEO, Ambre Soubiran, has suggested that the recent US crackdown on cryptocurrency regulation could lead to a shift in the industry's center of gravity towards Hong Kong, which has been more favorable towards crypto. The Hong Kong...
Cryptocoins News / The Cointelegraph - 1 year ago
Kaiko CEO Ambre Soubiran said that Hong Kong’s friendly approach might make the city the “center of gravity” for cryptocurrency trading and investments. The United Sta...
Cryptocoins News / Blockchain - 1 year ago
ProDigital Future, a new $100 million fund led by Hong Kong-based equity firm SAIF Partners, aims to support early-stage Web3 companies in the regional market. The fund has already raised $30 million during its half-year fundraising period and plans...
Bitcoin News / Bitcoinist - 1 year ago
Hong Kong aims to regain its status as a leading finance and crypto hub, and to this end, domestic investors have established the ProDigital Fund to raise $100 million.
Already having secured $30 million in commitments, the fund aims to reach its tar...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong is looking to Japan for guidance to become a friendly environment for cryptocurrency following an overwhelming response to Web3 investment. In light of Hong...
Cryptocoins News / The Cointelegraph - 1 year ago
The new Hong Kong-based equity fund will focus on the regional market and embrace Web3 startups. As Hong Kong is again opening up to the crypto market, local investo...
Bitcoin News / Bitcoinist - 1 year ago
OKX, a Seychelles-based crypto exchange ranked among the top 20 exchanges of the world, becomes the latest to enter Hong Kong due to its crypto-friendly regulations. Other crypto firms that previously revealed plans to set up a base in the city inclu...
Cryptocoins News / Blockchain - 1 year ago
Chinese state-owned banks in Hong Kong are offering banking services to crypto firms ahead of a new licensing regime for crypto exchanges in June. Despite an ongoing crypto ban in China, representatives from Chinese banks have reportedly approached c...
Bitcoin News / Bitcoinist - 1 year ago
According to a recent report from Bloomberg, Chinese banks are now showing interest in Hong Kong crypto firms. This has surprised the broader crypto community, given that China had once restricted digital currency transactions in the country.
In 2021...
Cryptocoins News / The Cointelegraph - 1 year ago
Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland. Crypto firms setting up in Hon...
Bitcoin News / Bitcoin.com - 1 year ago
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada, European Union coun...
Cryptocoins News / Blockchain - 1 year ago
Independent Reserve, an Australia-based cryptocurrency exchange, is exploring opportunities to expand its business in Hong Kong following the city’s recent proposal of a licensing regime for crypto exchanges. The company sees Hong Kong as a potential...