カテゴリー: Hong Kong

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token FundThree Japanese public companies have individually made announcements regarding their cryptocurrency operations. Forside has grown its mining operation with a plan to sell 7nm bitcoin mining rigs. Farsteps is planning a Singapore exchange launch. Meanwhile, Line Corp, the operator of Japan’s most popular chat app, has added crypto price quotes to its Clova AI assistant […]

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Altcoin Purge Begins: Okex Delists 28 Token Pairs

Altcoin Purge Begins: OKEX Delists 28 Token PairsAs part of what some observers are calling a purge of alternative coins during the cryptocurrency bear market, Hong Kong-based exchange Okex announced they would be delisting and hiding certain token pairs, more than two dozen in total. It comes at time when the exchange is dealing with its own internal problems in a year, […]

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PR: Bibox Gains Swiss VQF License – Accelerating Global Expansion

Bibox Gains Swiss VQF License - Accelerating Global ExpansionOn 16th August 2018, Bibox, a leading AI-enhanced digital asset trading platform, announced its acquisition of Chain Capital that owns Swiss VQF license. VQF itself is the largest cross-industry Self-Regulatory Organization (SRO) with the longest history that meets the standards established by the Financial Services Standards Association (FINMA). All the members of VQF also need to meet the most serious requirements in order to get a membership. Moreover, their membership means that all their operations are carried out in strict compliance with the Anti-Money Laundering Act in Switzerland. This acquisition enables Bibox to conduct digital currency business in Europe going forward.

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PR: ExCraft Launches DAO, User-Governed Cryptocurrency Exchange

ExCraft Launches DAO, User-Governed Cryptocurrency ExchangeHong Kong, 10 August 2018 – ExCraft, a cloud-native cryptocurrency exchange based in Hong Kong that implements a DAO governance ran by the users and pools, was launched today. ExCraft stands out by being a community and pool focused exchange, rewarding traders through a combination of “Proof of Existence” (PoE) and “Proof of Stake” (PoS) mechanisms, allowing power-users to create pools, vote for new project listings, and even create dedicated pool exchanges based on its immutable and fair PoE and PoS meritocracy.

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Interest in Philippines Economic Zone Crypto License Spikes – 17 Firms Paid in Full

Interest in Philippines Economic Zone Crypto License Spikes - 17 Firms Paid in FullThe Philippines government-owned Cagayan Economic Zone Authority (Ceza) is in the process of issuing more crypto licenses. Interest for the license by offshore companies “surpassed all our expectations,” Ceza administrator said. Seventeen firms have already paid in full; 19 more are in the pipeline. Ceza expects to earn about $68 million from crypto licensing. Also read: Yahoo! […]

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PR: Propy – This California Property Was Sold On The Blockchain Without Using Banks

Propy - This California Property Was Sold On The Blockchain Without Using BanksPALO ALTO, California — Propy, the global real estate store with a decentralized title registry, announced the successful execution of a historic real estate deal on the Blockchain in the State of California. With Propy’s Transaction Platform, every step of the deal was executed via Ethereum smart contracts, making this the first comprehensive blockchain-recorded property deal in the state of California and only the second in the world.

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The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in Crypto

The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in CryptoA Hong Kong-based investment firm is planning to launch a new crypto-custody service to address the growing interest from institutional clients, and we’ve covered the story in today’s Bitcoin in Brief. Also in The Daily, billionaire Mike Novogratz expects an influx of institutional investors into the crypto space; a new survey claims 30 percent of […]

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The Daily: Report Sees UK as Crypto Leader, Jersey Adopts ICO Rules

The Daily: Report Sees UK as Crypto Leader, Jersey Adopts ICO RulesThe United Kingdom has what it takes to become a true leader in the crypto space, according to a new report covered in today’s Bitcoin in Brief. Also in The Daily, the British Crown dependency of Jersey has adopted new requirements for ICO projects to better protect participating investors, Malta now has a two-way bitcoin […]

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The Daily: Crypto-Inheritance Service, Taiwanese Stablecoin, Bitcoin Gift Cards

The Daily: Crypto-Inheritance Service, Taiwanese Stablecoin, Bitcoin Gift CardsFeatured in today’s edition of Bitcoin in Brief are a service that allows inheritance of crypto assets and a new stablecoin launched in Taiwan. Also in our daily roundup, crypto terminals have been installed by a restaurant chain in Hong Kong, and a company now offers bitcoin gift cards for easier access to the crypto […]

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Crypto Exchange Binance Expects up to $1 Billion Profit in 2018

Crypto Exchange Binance Expects up to $1 Billion Profit in 2018Leading cryptocurrency exchange Binance expects a net profit of up to $1 billion USD this year. The trading platform has already registered about $300 million of revenue in the first half of 2018 and a five-fold increase in the number of users. The data demonstrates a serious growth for Binance which is taking steps to […]

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