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Tag: JPEX

Hong Kong Authorities Arrest Over 72 in Connection to JPEX Scandal

Hong Kong authorities have arrested over 70 individuals linked to the HK$1.6 billion JPEX cryptocurrency scandal that shook the city-state. According to the latest report...

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Matrixport Seeks To Obtain Cryptocurrency Trading License In Hong Kong – CryptoInfoNet

“`htmlIn the evolving landscape of digital currencies, Matrixport has marked a pivotal moment in its quest for regulatory compliance. The company formally sought a...

10 APAC Markets’ Approaches To Crypto Regulation – Fintech Singapore – CryptoInfoNet

by Johanan Devanesan February 28, 20242023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion...

Here’s How 10 APAC Markets Are Approaching Crypto Regulation – Fintech Singapore

by Johanan Devanesan February 28, 2024 2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion...

Cryptocurrency Crimes in Hong Kong Almost Tripled Over the Last 3 Years

Over the past three years, the incidences of virtual asset-related crimes in Hong Kong have significantly increased. The cases reported amounted to 1,397, 2,336,...

For Hong Kong, stablecoins go beyond payments

Hong Kong is not the first jurisdiction to come up with a regulatory regime for stablecoins. But its response may become the most significant. That...

Fraud Vs Innovation: How Asia’s Crypto Watchdogs Will Struggle To Strike A Balance In 2 – CryptoInfoNet

South Korea puts spotlight on investor protection.Wave of scams in Hong Kong drives regulators to impose new licensing rules.The Philippines runs out of patience...

Hong Kong Investors Fall Victims to Alleged $15 Million Crypto Scam

Following the JPEX fiasco, it appears that another crypto trading platform called Hounax reportedly scammed some Hong Kong investors, causing them to lose...

Hong Kong Ramps Up Crypto Exchange Oversight Amid Recent Frauds

In a world where cryptocurrency is becoming an increasingly prominent part of our financial landscape, the need for effective regulation is more critical...

Hong Kong Chief Says Regulators May Get Powers to Crack Down on Unlicensed Crypto Exchanges: Report

Government supervision is needed to protect investors and crack down on unlicensed platforms, Lee said according to the report. The Hounax case follows a...

Hong Kong Regulators Speed up Crypto Products Approval Following JPEX Fiasco

BC Technology Group, the parent company of Hong Kong’s publicly listed crypto exchange platform OSL, noted that Hong Kong regulators were swiftly approving...

Interactive Brokers HK Enters Crypto Trading Space

Interactive Brokers Hong Kong has been licensed to facilitate retail crypto trading in Hong Kong. This move was confirmed on LinkedIn by David Friedland, the firm's...

Hong Kong Welcomes Proposals To Allow Spot Crypto ETFs – Report – CryptoInfoNet

Regulatory authorities in Hong Kong are contemplating the inclusion of individual investors in spot Crypto ETFs, as part of their strategic initiatives to cement...

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