CCTV Network Removes Video Depicting Crypto Support
A crypto video was aired on CCTV Network Hong Kong, which made many speculate about crypto support by China. However, the video has been removed from the platform. CCTV, a state-affiliated media organization in China, aired a video about cryptocurrency on May 24 that attracted significant attention on Crypto Twitter. The CEO of Binance, Changpeng […]
HashKey Group launches wealth management service
Hong Kong-based HashKey Group has launched a new wealth management service platform to target institutional and professional investors. HashKey announced its entry into the wealth management industry on April 14. The company cited “significant demand from investors to access virtual assets” as the reason for its entry. Deng Chao, the chief executive officer of the […]
Hong Kong’s ZA Bank to reportedly offer crypto services
According to reports, ZA Bank, Hong Kong’s largest virtual bank by assets, will offer crypto account services and facilitate crypto-to-fiat exchanges. According to a report published by Bloomberg on April 12, the bank will function as a settlement bank to enable token deposits at licensed exchanges to be withdrawn in Hong Kong dollars, Chinese yuan, and […]
Justin Sun Announces his Return to Hong Kong
Justin Sun, the founder of Tron, declared on Twitter that he would be going back to Hong Kong because he was feeling homesick and FOMO. The businessman and cryptocurrency pioneer Justin Sun, who was born in China, declared on April 10 that he would be returning to Hong Kong. He claimed that he had FOMO […]
Bybit to expand into Hong Kong cryptocurrency market
Bybit, a cryptocurrency exchange with headquarters in Dubai, recently revealed plans to expand to Hong Kong. A portion of the exchange’s marketing, research, and development team will be based in the city. According to a recent WSJ report, Bybit intends to base its main Asian operations in Hong Kong. Under the new legislation, which will […]