Hong Kong already has a clear definition of Ethereum and it is not a security, said OSL Digital Securities head Wayne Huang. Exchange-traded fund issuers in Hong Kong are not concerned about the crypto crackdown in the United States which could result in regulators classifying Ether as a security. Speaking at a press conference on…
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The program intends to help local universities, research institutes and businesses use the AI Supercomputing Center’s computing capabilities. The Hong Kong government has decided to allocate $3 billion Hong Kong dollars ($383 million) to its Cyberport business park as part of a three-year artificial intelligence (AI) subsidy scheme, according to Paul Chan, Hong Kong’s financial…
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Central issues: Intuitive Intermediaries Hong Kong ties down permit for retail clients to exchange Bitcoin and Ether. The move comes in the midst of a flood in crypto exercises, with the locale seeing expanded industry consideration and permitting. Overview uncovers just 47% of Hong Kong retail financial backers are know all about neighborhood virtual resource…
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Central issues: UBS Gathering AG joins HSBC Possessions Plc in permitting clients in Hong Kong to exchange crypto-connected trade exchanged reserves. Hong Kong carried out a computerized resource administrative system to safeguard financial backers and spike the improvement of a computerized resource center point. As per BBG, Hong Kong clients are currently ready to exchange…
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Central issues: Xiang Unicoin Captured, a notable digital currency figure in the JPEX case. The examination is continuous, and more captures might follow as police dive further into the JPEX case. Reports show that the JPEX case currently includes a dumbfounding HK$1.499 billion. Two others and Xiang Unicoin captured by Hong Kong police in the…
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Central issues: Xiao Feng, HashKey Gathering President, featured Hong Kong’s dynamic position on crypto guidelines. He accentuated the continuous enhancements and potential for future progressions. Mr. Feng uncovered that Hong Kong Protections Administrative Commission is set to give a crucial administrative roundabout by year-end. Xiao Feng, the esteemed President of HashKey Group, delivered a thought-provoking…
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Key Points: Huobi has declared that it will formally send off Huobi Hong Kong and is prepared to give clients different digital currency exchanging administrations. Users will be able to buy, sell, and hold significant cryptocurrencies beginning on June 1. These significant cryptocurrencies include BTC, ETH, and others. To accelerate its expansion, the cryptocurrency exchange…
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