Hong Kong

Former Bithumb chair indicted in South Korea amid claims of fraud, false promises
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8 July, 2021

Former Bithumb chair indicted in South Korea amid claims of fraud, false promises

Prosecutors in Seoul have indicted former chairman of Bithumb Holdings Lee Jung-hoon on fraud charges, while a former partner involved...
Hong Kong to study retail CBDC as it links China’s digital yuan to domestic payments
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11 June, 2021

Hong Kong to study retail CBDC as it links China’s digital yuan to domestic payments

While announcing a roadmap that seeks to strengthen the region’s fintech sector, the HKMA revealed it has been collaborating with...
Hong Kong authorities seize allegedly smuggled 300 Nvidia BTC mining GPUs
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11 April, 2021

Hong Kong authorities seize allegedly smuggled 300 Nvidia BTC mining GPUs

The authorities collectively seized the allegedly smuggled goods worth $3.8 million in the waters off the Hong Kong International Airport.
China joins Hong Kong and Thailand in CBDC research project
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27 February, 2021

China joins Hong Kong and Thailand in CBDC research project

China and the United Arab Emirates have joined a research initiative that studies the feasibility of a central bank digital...
BC Technology Group raises $90 million in fresh stock offer
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18 January, 2021

BC Technology Group raises $90 million in fresh stock offer

The Hong Kong based group, which runs cryptocurrency exchange OSL, issued 45 million shares at HK$15.50, raising a total of...
BC Technology Group confirms $90 million funding for digital asset expansion
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8 January, 2021

BC Technology Group confirms $90 million funding for digital asset expansion

BC Technology Group, which owns and operates OSL, is hoping to raise the funding at a time of significant growth...
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