Huobi’s sister company weighs name change
Hong Kong-listed Huobi Technologies wants to change its name to “New Huo Technology Holdings Limited” for a fresh corporate image, with voting set for October 13.
Hong Kong-listed Huobi Technologies wants to change its name to “New Huo Technology Holdings Limited” for a fresh corporate image, with voting set for October 13.
The Hong Kong Monetary Authority and the Bank for International Settlements seek to leverage the benefits of decentralized finance and blockchain while simultaneously boosting funding for SMEs.
The platform named MetaHKUST will use XR technology to provide an immersive study experience that will connect student and research activities across geographical locations.
Huobi Global said that the application is in keeping with Hong Kong's new Anti-Money Laundering and Counter-Terrorist Financing Bill that will come into force in 2023.
OSL spokesperson also noted that the exchange had adjusted its business model to focus more on software-as-a-service, as well as professionals and institutional services.
The former Huobi manager is accused of setting up an account, approved a $20 million credit line to himself, and then started trading against Huobi, netting $5 million in profits.
Bank of Israel partnered with the Hong Kong Monetary Authority and the Bank for International Settlements to test the feasibility of a digital shekel for retail use.
The Securities and Futures Commission stated that NFT issuers in Hong Kong or those targeting its investors must acquire a license if their tokens meet specific criteria.
Samsung Assets Management Co., the investment arm of the South Korean conglomerate is set to list an exchange traded fund (ETF) that tracks blockchain firms in Hong Kong.
The HKMA has issued a discussion paper titled "e-HKD: A policy and design perspective," where it laid out the central banker's thoughts on retail CBDC and invited public opinion.
The Hong Kong government intends to amend the AML and CFT regulations to recognize exchanges legally but plans to limit the platforms’ services only to qualified investors.
Nikkei reports that DeCurret has been unable to compete with major players like bitFlyer and that the holding company will now focus on digital assets.