The Hong Kong Securities and Futures Commission (SFC) released a statement today stipulating the regulatory standards that would define the trajectory of virtual assets portfolio managers and fund distributors, according to an announcement on its website. Continue reading Hong Kong Reveals Regulatory Framework for Crypto Exchanges, Funds
Tag Archives: Hong kong
Privacy Coins Comparison Review
This article is part four of a four-part Eden Labs series on privacy tokens.
Ask the Eden Labs team questions on our Telegram and receive updates, analysis, and research insights. Continue reading Privacy Coins Comparison Review
Defined Regulations Main Factor For Crypto Exchanges When Choosing Country
Thanks to its well-defined regulatory framework, Malta now accounts for the largest share of cryptocurrency trading volume in the world. This conclusion comes from a Business Insider report Sunday, Apr 29, that cites a recent research done by the Morgan Stanley bank. A team of Morgan Stanley researchers, led by analyst Sheena Shah, has conducted a study on the distribution of cryptocurrency exchanges and crypto trading volume across all countries, based on volume data from Coinmarketcap and company registration info listed on the websites of the respective exchanges. Continue reading Defined Regulations Main Factor For Crypto Exchanges When Choosing Country
Binance CEO Zhao “Denies All” Sequoia Allegations in Hong Kong Lawsuit
Binance chief Zhao Changpeng, founder of the world’s largest cryptocurrency exchange, has formally denied allegations made by venture capital firm Sequoia Capital about a failed funding deal. As reported yesterday, a subsidiary of Sequoia Capital China sued Zhao in a Hong Kong lawsuit claiming the crypto exchange founder had violated terms of an exclusivity agreement by holding fundraising talks with other potential investors. It is believed that negotiations between the two parties broke down after Binance shareholders were left unimpressed by Sequoia’s valuation of Binance, at a proposed $80 million. Continue reading Binance CEO Zhao “Denies All” Sequoia Allegations in Hong Kong Lawsuit
OKEx Denies Responsibility for Bitcoin Price Crash on Futures Exchange
Cryptocurrency exchange giant OKEx is pushing back against allegations that it is responsible for market manipulation that caused the Bitcoin price to crash below $5,000 on its futures exchange last week. Continue reading OKEx Denies Responsibility for Bitcoin Price Crash on Futures Exchange