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Fidelity acquires 5% stake in Hong Kong crypto group
Fidelity has acquired a 5.6% stake in Hong Kong digital assets firm BC Group for $14 million. BC Group operates one of Asia’s largest pro crypto platform
Fidelity has acquired a 5.6% stake in Hong Kong digital assets firm BC Group for $14 million. BC Group operates one of Asia’s largest pro crypto platform
The Hong Kong Securities and Futures Commission has warned about the risks involved with security token offerings investment, noting that those issuing STOs have to be licensed or registered in Hong Kong.
Speakers at the two-day event discussed new tokens and projects, as well as bringing order to the still-wild sphere.
Despite a renewed push by the Chinese central bank to woo users in Hong Kong, only 625 hard wallets were opened in the first four days of the bank’s campaign.
The Hong Kong Securities and Futures Commission (SFC) published a statement detailing the new regulatory standards set to come into effect for cryptocurrency investors and businesses.
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.
China boosts CBDC for tourist adoption focusing on Hong Kong residents, new features enable seamless Faster Payment System top-ups, advancing cross-border digital yuan functionality.
The securities chief says the collapse of FTX entrenched the agency’s belief that ‘crypto’ trading must be regulated stringently as Hong Kong attracts VASPs.
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.
More projects are built on the BSV chain and more people want to buy BSV, because it is one of the best performing assets of the last 12 months, BuyBSV.com further expands its geographical availability.
The Hong Kong Stock Exchange is reportedly “reluctant” to give their approval for Bitmain’s IPO application.
Black Cell has been selling “krop” tokens as a means to connect buyers with crop and livestock producers, but regulators said the startup had engaged in “potential unauthorized promotional activities and unlicensed regulated activities.”