Hong Kong gaming firm swaps $49M Ether in treasury for Bitcoin
With the latest acquisition, Boyaa Interactive has 3,183 Bitcoin in its stash, up from 2,635 at the end of September. Source link
Hong Kong’s HKMA warns against overseas crypto firms posing as banks
The Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims may violate local banking laws. Hong Kong‘s financial regulator, the Hong Kong Monetary Authority, warning against overseas crypto firms misrepresenting themselves as licensed banks in a Nov. 15 press release, saying such firms […]
Binance entity HKVAEX withdraws Hong Kong license application post-deadline
Apart from HKVAEX, three more virtual asset trading platforms have previously withdrawn their operational license applications in 2024 from Hong Kong for reasons that were not made public. Source link