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Hong kong
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News
Huobi Opens Office in Russia, Russian Language Website
2018-11-08T16:50:42.000+02:00
The cryptocurrency exchange has been expanding aggressively this year.
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Bank Blockchain Now Live in Hong Kong
2018-11-01T14:23:57.000+02:00
The trade finance blockchain is similar to We.trade in Europe, and the two will collaborate.
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SFC of Hong Kong Announces Plan to Revamp Cryptocurrency Laws
2018-11-01T13:09:37.000+02:00
The SFC said it hopes "to encourage the responsible use of new technologies and also provide investors with more choices and better outcomes."
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Execution
BYFX HK Inks Agreement with Barclays to Access FX Liquidity
2018-10-29T13:05:21.000+02:00
BYFX HK believes the agreement will allow its clients to trade spot FX more efficiently.
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Regulation
Hong Kong's SFC Announces Changes to Securities and Futures Rules
2018-10-19T12:16:27.000+02:00
One of the key changes is relaxing the treatment of foreign currencies that are subject to exchange control.
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News
Hong Kong Via Poland and Puerto Rico: Bitfinex Hops to Another Bank
2018-10-17T11:50:34.000+02:00
The cryptocurrency exchange may have been an HSBC customer only a couple of weeks ago.
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Regulation
SFC is “Anxious” to Implement Cryptocurrency Regulation in Hong Kong
2018-10-17T08:16:51.000+02:00
However, unlike China, the regulator does not believe banning cryptocurrency is “necessarily the right approach”.
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CoinText Launches BCH Payments via Text Message in Israel and Hong Kong
2018-10-08T16:28:44.000+02:00
The company now services 25 countries, aims for 70 percent of world by end of 2018.
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News
Bitmain Competitor EBang Announces Powerful New Mining Devices
2018-09-25T10:07:18.000+02:00
The firm says that the new devices can achieve 44 trillion hashes per second.
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Executive Moves
Tim Lui Tim-leung to Replace Carlson Tong as SFC Chairman
2018-09-07T14:16:59.000+02:00
Lui will serve a three-year term from October 20, 2018.
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Regulation
Hong Kong’s SFC Blacklists Two Unlicensed Forex Brokers
2018-08-31T15:02:19.000+02:00
The firms in question are KB Capitals and Times Global Capital Group Limited.
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News
Leaked Bitmain Pre-IPO Document Show Holes in Business Plan
2018-08-30T16:35:24.000+02:00
Bitmain reports net assets of $2.6 billion, but its sales are dropping and holdings losing value.
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News
Hong Kong IPOs for Three Chinese Cryptocurrency Mining Giants
2018-08-27T11:55:16.000+02:00
However, cryptocurrency mining is looking less and less like a viable business in the long term.
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Brokers
Brokerage Fined for Transferring Client Money to IB and FXCM
2018-08-22T12:47:21.000+02:00
The Hong Kong regulator has fined HPI Forex $255,000 for violating client money segregation rules
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Victor Golovtchenko
Technology
Israeli Fintech Innovator The Floor Gets $5m Investment from China
2018-08-17T19:04:19.000+02:00
The fintech innovation hub has already been actively working with HSBC, Santander, RBS, and Deutsche Bank
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Victor Golovtchenko
Regulation
Hong Kong’s SFC Sees Record Registrations in Q1 of 2018
2018-08-14T15:22:22.000+02:00
The regulator also made 24% more requests for trading and account records from intermediaries from the previous quarter.
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News
Bitmain Sells Bitcoin, Buys Bitcoin Cash - Now Holds 5% of Circulation
2018-08-12T15:15:39.000+02:00
As Bitmain prepares to go public, what will the repercussions of this preference be?
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Execution
KVB Kunlun Forecasts Steep Increase of Profits for H1 2018
2018-07-26T13:56:22.000+02:00
The jump in profits follows disappointing 2017 financial results for the forex broker.
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Binance to Open Branch in South Korea
2018-07-24T14:58:53.000+02:00
The move comes as the South Korean government begins to accommodate cryptocurrency.
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Institutional FX
Value of Assets Under Management in Hong Kong Surpasses $1 Trillion
2018-07-20T11:31:26.000+02:00
The Hong Kong regulator also revealed that over 50 percent of investment is going into mainland China and Hong Kong
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News
Hong Kong Banks, Watchdog Announce Joint Blockchain Project
2018-07-17T14:25:02.000+02:00
Trade finance platform by Hong Kong Monetary Authority and seven banks is intended to modernise trade finance.
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Executive Moves
EDDID Securities Taps Former ADS Executive Aaron Chan as General Manager
2018-07-15T10:54:22.000+02:00
Chan is an experienced professional who was once Vice President of GMO Click Hong Kong.
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Finance Magnates Staff
Regulation
SFC Updates Criteria for Professional Investors in Hong Kong
2018-07-13T10:22:20.000+02:00
Holding companies that fully own corporations registered as professional investors can now qualify for the status.
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News
Hong Kong Restaurant Chain Installs Pundi X Payment Devices
2018-07-11T12:45:33.000+02:00
25,000 of the company's cryptocurrency checkout machines have been pre-ordered since its ICO.
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Regulation
SFC to Amend the Guideline of AML and Counter-Terrorist Financing
2018-07-05T13:06:38.000+02:00
The Hong Kong regulator has launched a consultation paper and gives market participants until August to reply.
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