Hong Kong

Funding Rounds

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.

Business  ·  14 February 2020
Hong Kong

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.

News  ·  7 February 2020
Hong Kong

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.

Business  ·  16 January 2020
China

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.

News  ·  2 January 2020
Bitcoin

Global Protests Reveal Bitcoin’s Limitations

Protesters across the globe are testing out bitcoin and other decentralized technologies – then promptly discovering their limitations.

Tech  ·  21 November 2019
Hong Kong

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.

Markets  ·  8 November 2019
Exchanges

Hong Kong Regulator to Treat Some Crypto Exchanges Like Brokers

The Securities and Futures Commission will license crypto trading platforms like traditional brokers if they offer security tokens.

Policy & regulation  ·  6 November 2019
Hacking

North Korea Set Up a Blockchain Firm to Launder Crypto to Cash: UN

North Korea set up a Hong Kong blockchain firm in a bid to to launder stolen cryptocurrency and avoid sanctions, the UN has reportedly said.

Policy & regulation  ·  6 November 2019
Exchanges

Flaws in LocalBitcoins Data Call Into Question Regional Adoption Claims

LocalBitcoins data is a starting point for research, but it isn't conclusive evidence of grassroots adoption.

Tech  ·  22 October 2019
Hong Kong

Hong Kong Securities Watchdog Issues Rules on Funds Investing in Crypto

Hong Kong's Securities and Futures Commission (SFC) has issued regulations for fund managers investing in "virtual assets."

Markets  ·  8 October 2019
Exchanges

Huobi Plans Backdoor IPO Attempt in Hong Kong, Document Suggests

Cryptocurrency exchange Huobi appears to be inching towards a reverse initial public offering, according to a filing with Hong Kong Stock Exchange.

Business  ·  12 September 2019
Regulation

The State of Security Token Regulations in Asia

Some Asian countries have gone a long way toward shoring up their rules and regulations around cryptocurrencies and security tokens.

Policy & regulation  ·  6 September 2019
Hong Kong

Crypto’s Connection to the Hong Kong Protests

An effort to change extradition laws in Hong Kong has sparked protests – and questions about digital privacy and the right to transact.

Markets  ·  17 June 2019
Exchanges

Crypto Exchange Bithumb Launches OTC Trading Desk for Digital Assets

Crypto exchange Bithumb has launched a global OTC trading desk for digital assets based in Hong Kong.

Business  ·  8 February 2019
Exchanges

OKCoin Founder Buys Hong Kong-Listed Firm in $60 Million Deal

The founder of cryptocurrency exchange OKCoin has taken a step towards a reverse IPO with a $60 million acquisition in Hong Kong.

Business  ·  24 January 2019