Tag: Hong Kong

November 27, 2019 BY Valentina Kirilova

How to get a Hong Kong Forex licence

The following article is courtesy of the liquidity and technology provider of solutions for the crypto and foreign exchange (FX) industry, B2Broker. The text below is an excerpt. Hong Kong is highly regarded as one of the best countries in the world to set up business, and thanks to its business-friendly policies, it has become…

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November 30, 2018 BY Mariela Naydenova

Blockchain custodian solutions in Hong Kong

Blockchain solutions have been missing an essential feature – the custodian one. Now, InVault, a Hong Kong-based cryptocurrency custodian service company, has recently launched after the country put new regulations valid for crypto exchanges and fund managers, requiring both to properly implement custodian solutions to their offerings and protect the virtual assets of their clients.…

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December 22, 2017 BY Mariela Naydenova

Ripple skyrockets, bright future for altcoins

While Bitcoin and other big cryptocurrencies are plunging this week, Ripple investors are taking off nice profits along the way. In the last couple of hours, Ripple rose in value by almost 30%, and is now trading at an all-time high of $1.39. This means that the cryptocurrency outdid Bitcoin Cash in market capacity and…

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October 26, 2017 BY Mariela Naydenova

Singapore and Hong Kong – Fintech Heavens

Singapore and Hong Kong have become two of the world’s greatest fintech hubs, boasting numerous fintech startups and loose regulations on cryptocurrencies and financial technologies. Thus, The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) signed an agreement to further increase the collaboration between the two cities in a joint effort…

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September 20, 2017 BY Mariela Naydenova

Hong Kong - The Emerging Winner of China's Bitcoin Ban?

When China announced that all its domestic exchanges will stop trading Bitcoin from September 30th this year, the digital cryptocurrency markets have seen a huge dip in prices: Bitcoin alone was down with 40%, Ethereum with 10% and overall, last week was a "bearish" one for the "people's currencies". Just before the ban, the Initial…

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September 21, 2016 BY Mike Fox

Hong Kong regulator investigating brokers for AML shortfalls

Hong Kong's Securities and Futures Commission’s (SFC) Enforcement Division announced they are investigating a number of cases of SFC licensed brokerages with suspected inadequate anti-money laundering (AML) internal controls and it expects to bring a number of enforcement proceedings as a result. The SFC wants to draw the attention of licensees that they are expected…

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September 20, 2016 BY Mike Fox

Rakuten Securities HK launches new trading platform

Rakuten Securities Hong Kong Limited (Rakuten Securities HK) announced today Rakuten FX, a brand new forex account service for clients to trade through a proprietary trading platform. With the introduction of Rakuten FX, Rakuten is looking to affirm their leading position among online forex brokers in Hong Kong. "After the successful rebranding of Rakuten Securities…

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