CoinspeakerTelegram-based Blogger Sells Username on Fragment Platform for Over $80K in TON The Telegram social network has quickly evolved into a vibrant Web3 ecosystem with more than $150M in TVL. Telegram-based Blogger Sells Username on Fragment Platform for Over $80K in TON
Read More »Europe’s Largest Traditional Banks Venturing into Crypto Thanks to MiCA
CoinspeakerEurope’s Largest Traditional Banks Venturing into Crypto Thanks to MiCA Banks like the LBBW are not partnering with crypto service providers to offer digital asset services as a result of MiCA clarity. Europe’s Largest Traditional Banks Venturing into Crypto Thanks to MiCA
Read More »Hong Kong SFC Issues Warning against MEXC Crypto Platform for Unlicensed Activities
CoinspeakerHong Kong SFC Issues Warning against MEXC Crypto Platform for Unlicensed Activities Although MEXC faces no direct allegations of wrongdoing, its past operations without appropriate licenses across various regions signal potential risks. Hong Kong SFC Issues Warning against MEXC Crypto Platform for Unlicensed Activities
Read More »22 Crypto Firms Seek Operational Licenses in Hong Kong
Coinspeaker22 Crypto Firms Seek Operational Licenses in Hong Kong Jurisdictions like Hong Kong offer a middle ground, balancing investor protection with fostering innovation and economic growth. 22 Crypto Firms Seek Operational Licenses in Hong Kong
Read More »HashKey Group Announced Completion of Series A Funding Round with $100M at Valuation of Over $1.2B
The newly acquired funds will help HashKey to build diversified Web3 products amid the mainstream adoption of digital assets and blockchain technology in Asia. HashKey Group, the operator of a leading Hong Kong-based cryptocurrency exchange and other web3-focused platforms, announced the completion of the Series A funding round with nearly $100 million. As a result, the company saw its valuation rally beyond $1.2 billion to a unicorn status. According to the announcement, HashKey will...
Read More »Hong Kong-based Crypto Exchange OSL Denies Being on Sale
OSL exchange’s parent firm has denied reports that its on sale with an estimated valuation of 1 billion Hong Kong dollars ($128 million). BC Technology, the parent firm of Hong Kong-based licensed crypto platform OSL, denied reports that the exchange is up for sale. BC Technology, the parent company of OSL, has refuted Bloomberg’s report on the pending sale as “factually inaccurate and highly misleading” in a statement filed with the Hong Kong Stock Exchange. As per the Bloomberg report,...
Read More »Ant Group Rolls Out New Blockchain Platform for Web3 Development ZAN
ZAN is powered by technical innovations from AntChain Open Labs. Chinese fintech giant Ant Group, the creator of the world’s biggest payment platform Alipay, is expanding its foothold into the crypto industry with the launch of ZAN, a blockchain service platform aimed at both Hong Kong and global markets to simplify the complexities of blockchain technology. In a press release published on September 8, the company’s CEO Zhang Hui announced the launch of ZAN during a conference in Shanghai,...
Read More »HashKey to Launch Crypto Trading Services in Hong Kong on August 28
CoinspeakerHashKey to Launch Crypto Trading Services in Hong Kong on August 28 As part of its preparation for retail trading next week, HashKey has implemented stringent Know Your Customer (KYC) protocols to ensure compliance and security. HashKey to Launch Crypto Trading Services in Hong Kong on August 28
Read More »HashKey Becomes First Crypto Exchange to Get Licensed for Retail Services in Hong Kong
CoinspeakerHashKey Becomes First Crypto Exchange to Get Licensed for Retail Services in Hong Kong Despite China's strict ban on cryptocurrency transactions, Hong Kong has taken a different approach, welcoming cryptocurrency firms and even encouraging banks to work with them. HashKey Becomes First Crypto Exchange to Get Licensed for Retail Services in Hong Kong
Read More »HashKey Group to Raise Funds at $1B Valuation
HashKey Capital emphasized that it plans to direct the investment into Web3 initiatives in order to broaden its crypto exposure. Crypto investment company HashKey Group is looking towards leveraging Hong Kong’s digital assets efforts to raise funds at a valuation of over $1 billion to attract potential investors. The Chinese Special Administrative Region is finalizing digital asset licensing legislation with the goal of becoming a worldwide crypto hub. Hong Kong has been making efforts to...
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