Tag: Kong
FTX opens lawsuit against former employees of Hong Kong affiliate
The defunct cryptocurrency exchange FTX filed a lawsuit on Sept. 21 against former employees of Hong Kong-incorporated company Salamde affiliated with [...]
FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million
The bankrupt crypto exchange has sued former employees of Salameda, a Hong Kong-incorporated affiliate, to recover about $157.3 million.
www.coindesk [...]
Hong Kong Chief Executive John Lee Points to JPEX to Support Need for Strong Crypto Licensing
“This incident highlights the importance that when investors want to invest in virtual assets, then they must invest on platforms that are licensed" a [...]
Hong Kong to tighten crypto regulation in wake of JPEX fraud case
Hong Kong regulators are looking to tighten the noose around the crypto market after the arrest of six individuals following allegations of fraud arou [...]
Crypto influencer arrested in Hong Kong for JPEX association
A Hong Kong-based social media influencer has been reportedly arrested after investigations around the liquidity crisis of the crypto exchange JPEX tr [...]
Hong Kong Probe Into Crypto Exchanges JPEX Results in Arrest
“Recently, due to the unfair treatment by relevant institutions in Hong Kong towards JPEX, a cryptocurrency trading platform, and a series of negative [...]
Hong Kong central bank warns against crypto firms using banking terms
The Hong Kong Monetary Authority (HKMA) has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminol [...]
Hong Kong central bank warns against crypto firms using banking terms
The Hong Kong Monetary Authority (HKMA), the special administrative region’s central bank, has issued a warning to users that crypto businesses presen [...]
JPEX hikes withdrawal fee to almost $1k after Hong Kong watchdog warning
Crypto exchange JPEX has reportedly increased its withdrawal fee to up to 999 Tether (USDT) after receiving a warning from Hong Kong’s Securities and [...]
Hong Kong politician responds to Vitalik’s comments about crypto-friendliness
Johnny Ng, a member of the Legislative Council of Hong Kong, took to social media on Sept. 15 in response to comments made by Ethereum co-founder Vita [...]
Hong Kong retains top crypto-ready position for two consecutive years
Hong Kong was crowned the best-prepared jurisdiction for widespread cryptocurrency adoption in 2023, retaining its crypto-readiness prowess for the se [...]
Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity
The Bank for International Settlements and the central banks of Hong Kong and Israel released the results of Project Sela on Sept. 12. The project was [...]
OKX crypto exchange enters final stage of Hong Kong VASP license application
OKX cryptocurrency exchange has entered the final stage before acquiring a virtual asset service provider license (VASP) in Hong Kong. The crypto exch [...]
SEBA Bank secures in-principle nod for crypto services in Hong Kong
The Hong Kong arm of crypto-friendly Swiss bank SEBA Bank has received in-principle approval from the Hong Kong Securities and Futures Commission (SFC [...]
Hong Kong regulator eyes tokenization for bond market improvement: Report
The Hong Kong Monetary Authority (HKMA) released a report on Aug. 25 detailing the findings of its Project Evergreen study which analyzed the market i [...]