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Hong Kong
Hong Kong is a significant hub in the global cryptocurrency landscape, home to numerous blockchain companies, crypto exchanges, and enthusiasts. The region boasts a robust regulatory framework, fostering a conducive environment for crypto-related activities. Renowned crypto exchanges like Bitfinex and OKEx are headquartered here, facilitating vast daily trading volumes. Hong Kong's blockchain networks are advanced, supporting various protocols and fostering innovation in the crypto space. The region's crypto community is diverse, involving investors, traders, developers, and blockchain startups. Despite its traditional finance background, Hong Kong has embraced the digital asset revolution, positioning itself as a leading player in the crypto world.
Binance Now Supports Deposits and Withdrawals in Hong-Kong Dollars
The exchange has opened a fiat gateway for Hong Kong dollars, serving a jurisdiction in which banking services for crypto firms are notoriously tough to find.
Fidelity International Invests $14M in Hong Kong Crypto Exchange Operator
Fidelity International, a spin-off of the U.S. financial services giant Fidelity Investments, has invested $14 million in Hong Kong-based BC Group, which operates crypto exchange OSL.
Crypto Finance Startup Amber Raises $28M in Series A Led by Pantera, Paradigm
Amber Group has raised $28 million in a Series A funding round led by Paradigm and Pantera Capital.
Coronavirus Concerns Cause Another Crypto Event to Be Postponed
A crypto conference planned for Hong Kong in March is one of several postponed over concerns about the coronavirus outbreak.
Fintech Startup Aims to Create New Asset Class With 'Continuous' ICO Model
A newly launched fintech firm hopes to leverage the token sale model to back investments in real-world assets. But it's taking a different approach than many previous projects.
Guangdong Blockchain Financing Platform Aims to Help Small Business
A new platform backed by Guangdong province aims to streamline the process for commercial banks to lend funds to small businesses with more detailed and reliable profiles provided by its blockchain network.
Hong Kong Blockchain VC Hires Former NEO Exec to Launch Shanghai Office
Former NEO general manager Zhao Chen joins Hong Kong-based venture capital firm CMCC Global to lead blockchain equity investments in mainland China at a new Shanghai office.
UN to Use Blockchain to Tackle Exploitation of Migrant Workers in Hong Kong
The new initiative will help ensure migrant workers aren’t charged unethical fees.
Global Protests Reveal Bitcoin's Limitations
Protesters across the globe are testing out bitcoin and other decentralized technologies – then promptly discovering their limitations.
Tencent to Build Virtual Bank After Hong Kong Regulator Approves License
Tencent received the green light from the Hong Kong Securities and Futures Commission to build a blockchain-based virtual bank.
