A prominent social media influencer in Hong Kong has been arrested for allegedly having ties to JPEX, a controversial organization that advocates for the independence of the city from China, according to local media reports. Hong Kong crypto scams are…
Hong Kong’s financial watchdog has issued a warning to cryptocurrency firms that they should not use the word ‘bank’ or any similar terms in their names or marketing materials. The Securities and Futures Commission (SFC) said that such practices could…
Cryptocurrencies have been gaining popularity and value in recent years, attracting investors and enthusiasts from all over the world. However, not everyone is on board with this new form of digital money. In Hong Kong, banks have been reluctant to…
Stablecoins are digital tokens that are pegged to a fiat currency, such as the US dollar, and aim to provide a stable and reliable medium of exchange in the crypto ecosystem. They are widely used for trading, payments, remittances, and…
HSBC, one of the largest banking and financial services organizations in the world, has announced that it will offer Bitcoin and Ethereum exchange-traded funds (ETFs) to its customers. This is a significant move for the bank, which has been cautious…
