Bitcoin News / Bitcoinist - 1 year ago
The Hong Kong Police Force has raised awareness after 11 Binance customers fell victim to text message phishing scams. According to a Facebook post by CyberDefender, under the state’s police, fraudsters posed as Binance and sent malicious messa...
Cryptocoins News / Finance Magnates - 1 year ago
The global
financial landscape is rapidly changing, owing in part to the rise of
cryptocurrencies and blockchain technology. While several countries have taken
a cautious yet progressive approach to digital assets, Hong Kong's position on
retail stab...
Bitcoin News / Bitcoin.com - 1 year ago
The Chinese digital yuan, China’s central bank digital currency (CBDC), now features an interconnection with the Hong Kong payment system, allowing tourists coming to mainland China to purchase and top up a digital yuan wallet. The system, crea...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong police have issued a warning concerning a recent Binance phishing scam targeting Hong Kong users of the platform. Hong Kong’s police force has raised the ala...
Bitcoin News / Bitcoin.com - 1 year ago
The Hong Kong cryptocurrency exchange JPEX recently converted user funds to a native token known as JPC. According to JPEX, affected users will only be able to cash this token out after two years. One affected user said the crypto exchange did not in...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024. As Hong Kong progr...
Bitcoin News / Bitcoin.com - 1 year ago
Law enforcement officials and financial regulators in Hong Kong have teamed up to better identify illegal activities on cryptocurrency exchanges. The initiative, which comes in the wake of the crackdown on the JPEX exchange, seeks to improve coordina...
Bitcoin News / Bitcoinist - 1 year ago
Hong Kong’s Securities and Futures Commission (SFC) has allied with the Police to establish a group to monitor and investigate crypto exchange-related crimes. This development comes amid scandals involving the Dubai-based JPEX exchange, a leading Hon...
Cryptocoins News / The Cointelegraph - 1 year ago
The “Titan Fund” has already made five investments in different blockchain startups, with two going toward Hong Kong-based projects. Hong Kong-based crypto-focused ven...
Cryptocoins News / The Cointelegraph - 1 year ago
The joint group was established in light of the ongoing crypto scandal in Hong Kong involving the JPEX crypto exchange. The Hong Kong Police Force (HKPF) and the Secur...
Cryptocoins News / The Cointelegraph - 1 year ago
Dubbed “Synapse,” the platform will accelerate trades placed by international investors for Mainland Chinese stocks. Hong Kong Exchanges and Clearing Limited (HKEX) —...
Cryptocoins News / Finance Magnates - 1 year ago
To
boost efforts against illegal activities in the realm of Virtual Asset Trading
Platforms (VATPs), the Securities and Futures Commission (SFC) has established
a dedicated working group in collaboration with the Hong Kong Police Force
(HKPF).A
Joint...
Cryptocoins News / Blockchain - 1 year ago
Hong Kong's rising status as a crypto hub amidst regulatory amicability sparks speculations on China's evolving stance towards digital assets. The significant crypto activity in Hong Kong, combined with its thriving Over-The-Counter market, reflects...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto activity in East Asia fell from its perch after China began its crusade against crypto in 2019. Recent moves by Hong Kong could help reverse that trend, said the blockchain analyti...
Bitcoin News / Bitcoinist - 1 year ago
On Friday, officials in Hong Kong and Macao said that they had arrested four more people with ties to the cryptocurrency exchange JPEX, which is accused of bilking over 2,400 users out of about $200 million.
The overall number of detentions has now r...
Cryptocoins News / The Cointelegraph - 1 year ago
One suspect was arrested while trying to destroy potential evidence with paper shredders and bleach in the bathtub of an apartment. Authorities in Hong Kong and Macau...
Cryptocoins News / Blockchain - 1 year ago
Hong Kong authorities are intensifying efforts to apprehend the key operators behind JPEX, a cryptocurrency platform implicated in the city's largest alleged financial fraud. The police have arrested 15 individuals and seized assets worth HK$85 milli...
Cryptocoins News / The Cointelegraph - 1 year ago
The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million. The Secretary fo...
Cryptocoins News / Finance Magnates - 1 year ago
In a move
to bolster retail investors' protection, Hong Kong's Securities and Futures
Commission (SFC) has announced a series of new measures this week. These
initiatives come on the heels of the JPEX crypto exchange debacle, which
exposed vulnerabil...
Bitcoin News / Bitcoin.com - 1 year ago
The Hong Kong securities regulator has said it now publishes a list of firms seeking to operate crypto trading platforms in the region. Julia Leung Fung-yee, the CEO of the Securities and Futures Commission (SFC), said divulging the names of applican...