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Tag Archives: Hong

Hong Kong and Singapore Prove Safe Havens for ICO Listings

Join our community of 10 000 traders on Hacked.com for just $39 per month. The ban on ICOs in China is sending blockchain startups that are looking to raise funds into the arms of rival Asian regions. In particular, blockchain startups are increasingly flocking to Hong Kong, where there’s more freedom than Mainland China, and Singapore to launch their token ...

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Hong Kong and Singapore Welcome Chinese ICOs

As China continues on the path of restrictive and ambiguous regulation over their growing fintech industry, tech companies are leaving in droves for the more welcoming shores of Hong Kong and Singapore. Hong Kong And Singapore Benefit from China’s Crypto Phobia Singapore and Hong Kong are experiencing an explosion in the number of companies launching ICO’s in the past few months and ...

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‘Many ICOs are Dubious, Downright Frauds’, Says Hong Kong Regulator

Join our community of 10 000 traders on Hacked.com for just $39 per month. A senior official at Hong Kong’s securities regulator has, once again, reminded the public to be cautious of investments in initial coin offerings (ICOs). In a speech on new technologies on Friday, Hong Kong Securities and Futures Commission (SFC) deputy chief Julia Leung reiterated previous concerns ...

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Another Major Hong Kong Cryptocurrency Exchange Sets Its Sights on Malta

A second major Hong Kong–based cryptocurrency exchange is planning on setting up shop in Malta, a small island nation in the Mediterranean.     OKEx, one of the top five cryptocurrency exchanges by 24-hour trading volume, announced today, April 12, 2018, that it is expanding its operations to Malta. In late March, Binance, the largest exchange by trading volume, also announced ...

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Extra Vigilance Needed for Hong Kong OTC Bitcoin Trading

In the world of cryptocurrency, there are numerous issues to contend with. Scams are perhaps the biggest problem as of right now. In Hong Kong, cryptocurrency enthusiasts are trying to counter this threat in different ways. OTC Traders face a lot of risks when dealing with random strangers looking to buy and sell Bitcoin. It is important to remain on ...

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Hong Kong Exchange OKEx Rolls Back Futures Transactions

Hong Kong–based cryptocurrency trading platform OKEx announced on March 30 that it was rolling back on all futures transactions due to what executives deemed an “irregular sell-off.” The exchange issued the following statement on its support page: To prevent forced-liquidations due to price differences after the settlements in ‘bi-weekly’ and ‘quarterly’ futures contracts, we will rollback the transactions as mentioned, ...

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Hong Kong’s Securities and Futures Commission Halts Black Cell ICO

Hong Kong’s securities watchdog, the Securities and Futures Commission (SFC), has interfered with the initial coin offering (ICO) of Black Cell Technology Ltd., ordering the firm to halt the sale of its digital currency to Hong Kong buyers. According to the SFC, Black Cell had engaged in “potential unauthorized promotional activities and unlicensed regulated activities.” In response, Black Cell Technology halted ...

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Hong Kong Stock Exchange Taps Australian Counterpart for Blockchain Expertise

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Hong Kong Stock Exchange (HKEX) is tapping into the expertise of the Australian Securities Exchange (ASX) in implementing blockchain technology for core processes. After two years of rigorous testing, the Australian Securities Exchange became the world’s first major exchange operator to turn to blockchain technology ...

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Hong Kong Stock Exchange Seeks Dialogue With Australia… | News

The Hong Kong Exchanges and Clearing Market (HKEX) will begin collaborating with the Australian Securities Exchange (ASX) on the issue of Blockchain technology implementation, Financial Times reports today, March 20. ASX had announced in December of last year that it would begin using Blockchain to replace its current processing system for equity transactions, making it the first such exchange to ...

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