Hong Kong considers removing the "Professional Investor-Only Requirement" and allowing retail investors to trade cryptocurrency.
Securities and Futures Commission (SFC) of Hong Kong's director of licensing and head of the fintech division both confirmed that the regulator is taking into consideration allowing retail investors to invest directly in crypto assets. "We'
October 21, 2022
Japanese Conglomerate SBI Group Launches Eight Cryptocurrency-Based Businesses
Japan-based financial services firm SBI Group has announced its plans to establish several new businesses based on digital currency. The group is simultaneously developing eight businesses including hedge fund management, mining, and a deri
October 29, 2017
Hong Kong Bitcoin Exchange OKEx to Open SegWit2x Futures Market
Bitcoin exchange OKEx has announced it will join Bitfinex in opening a futures market to enable traders to speculate on the outcome of the SegWit2x hard fork scheduled for November. Notably, the exchange states that it will list the origina
October 17, 2017
Defining Blockchain: CEOs Caught Between a Block and a Hard Place
Despite the explosion of Blockchain enthusiasm worldwide in 2017, CEOs still struggle to find the words to explain what it is. Interviews with three company heads by Forbes at the publication’s Global CEO Conference this week produced mixed
October 10, 2017
First Ever Bitcoin Documentary in China Released at Shape the Future Summit
China is a Bitcoin powerhouse. An Article by Willie Tan in Cointelegraph recently concluded that 70 percent of Bitcoin mining is located in China. The Chinese have taken to Bitcoin like fish to water and there is no reason why they shouldn’
October 03, 2017
ICO Tokens “May Be Securities” & Subject to Laws, Says ‘Concerned’ Hong Kong Regulator
Hong Kong’s chief financial regulator has, in an official statement, announced that digital tokens offered in an initial coin offering (ICO) sale may be deemed as securities. In an official announcement by the Securities and Futures Commiss
September 06, 2017
Hong Kong Stock Exchange to Launch Blockchain-Powered Market in 2018
The Hong Kong Stock Exchange (HKEX) is planning to launch a blockchain-powered private market aimed at helping smaller firms obtain financing. HKEX chief executive Charles Li detailed the plan, which would play out through a separate ventur
August 01, 2017