カテゴリー: Hong Kong

Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership

Report Claims Chinese Mining Giant Bitmain Is Prepping for New LeadershipThe cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced. Also Read: Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold […]

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Coinflex Exchange to Offer Leveraged BCH and BTC Futures

Coinflex Exchange to Offer Leveraged BCH and BTC FuturesHong Kong-based Coinflex exchange has announced plans to offer futures contracts for bitcoin core (BTC), bitcoin cash (BCH), and ethereum (ETH) with leverage of up to 20x. All futures bought and sold on the exchange will be physically delivered, meaning that when the contracts expire, holders will be paid the underlying cryptocurrency instead of cash. […]

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Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018

Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018In the last few years, the cryptocurrency environment has changed drastically and there is a bunch of new cryptocurrency hotspots popping up across the globe. Gone are the days when certain territories such as Zug, Prague, and other blockchain hub cities dominated the headlines. Now a variety of different regions like Malta, South Korea, Hong […]

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How Institutional Investors Are Changing the Cryptocurrency Market

Institutional investors trading cryptocurrency gained ground in 2018, with a number of high profile players edging in and taking a seat at the table. Increased interest from larger investors may have played a part in supporting digital assets as well as distorting the market.  Also Read: KPMG: Institutional Investment Key to Cryptoassets Growth Will Crypto Markets […]

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Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M

Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30MMadison Holdings Group Ltd. has agreed to buy 67.2 percent of Japanese cryptocurrency exchange Bitocean for 1.68 billion yen ($15.12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30.12 million. According to local media reports, the deal is to be completed through a subsidiary, Madison Labs. Also read: Cryptocurrency Exchanges […]

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Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M

Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30MMadison Holdings Group Ltd. has agreed to buy 67.2 percent of Japanese cryptocurrency exchange Bitocean for 1.68 billion yen ($15.12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30.12 million. According to local media reports, the deal is to be completed through a subsidiary, Madison Labs. Also read: Cryptocurrency Exchanges […]

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PR: Midex Launches EU Regulated Crypto to Fiat Exchange

Midex Launches EU Regulated Crypto to Fiat ExchangeMidex, an international company with HQs in Estonia and representatives in Asia, has announced the launch of the first EU regulated crypto-to-fiat exchange. With the trading performance of millions of operations per second, a wide range of deposit and withdrawal methods (wire transfers, payment cards, instant payments), support of the top trading pairs, and a robust security system, the platform is here to meet the needs of crypto beginners and professional traders.

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Chinese Startup Gets Crypto Custodial Services License in Hong Kong

Chinese Startup Gets Crypto Custodial Services License in Hong KongCryptocurrency custodians are third parties that store large amounts of digital assets for institutions, hedge funds, exchanges and issuers of initial coin offerings. Companies in Hong Kong now have a new locally regulated option, which could help to increase investor confidence. Also Read: You Can Now Withdraw Split BCH and BSV Coins From Coinex Keep […]

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You Can Now Withdraw Split BCH and BSV Coins From Coinex Exchange

You Can Now Withdraw Split BCH and BSV Coins From Coinex ExchangeWithdrawals for both bitcoin cash (BCH) and bitcoin SV (BSV) are now open on the Coinex exchange, providing an easy way for holders to split the two cryptocurrencies, which separated off from each other following the recent hard fork.  Also Read: Universities in New York, Tokyo and Luxembourg Support Crypto Development Coinex Opens BCH and […]

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Hong Kong Regulator Announces New Plans for Cryptocurrency Industry

The Securities and Futures Commission of Hong Kong has announced new plans to regulate the cryptocurrency industry. The regulator issued two circulars on Thursday outlining new rules for crypto exchanges as well as crypto asset portfolio managers, intermediaries, and fund distributors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Regulatory Approach The Hong […]

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