Hong Kong Issues New Rules to Regulate Cryptocurrency Funds and Exchanges

Hong Kong securities regulator wants to improve oversight of crypto entities as chair warns of “outright scandals and frauds.” Hong Kong’s securities regulator issued a statement setting out guidelines for funds dealing with cryptocurrency Thursday, Nov. 1, saying it could move to formally regulate exchanges. In what it called “guidance on regulatory standards,” the autonomous […]

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Russian Industrialist Union to Create Arbitration Board for Crypto-Related Disputes

A Russian industrialists union has created a dispute board for hearing cases pertaining to the digital economy, including smart contracts and Initial Coin Offerings. The Arbitration Center at Russian Union of Industrialists and Entrepreneurs (RSPP) has announced the creation of a board for disputes on issues pertaining the “digital economy,” including crypto-related cases, Kommersant reported […]

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Unconfirmed Report: Miner Manufacturer IPO Halts Due to Alleged Illicit Finance Practices

Chinese finance news outlet Sina Finance reports that crypto mining equipment producer Ebang’s IPO has been halted due to alleged involvement in illicit financial activities. Investigators have reportedly halted the public listing process of cryptocurrency mining machine manufacturer Ebang International on the Hong Kong Stock Exchange (HKEx), local financial news outlet Sina Finance reported Oct. […]

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Hong Kong Stock Exchange Partners With Blockchain Firm to Improve Post-Trade Process

The Hong Kong Stock Exchange has teamed up with blockchain firm Digital Asset to accelerate post-trade processes and reduce settlement risks. The Hong Kong Exchanges and Clearing Limited (HKEX) has partnered with blockchain firm Digital Asset to accelerate the post-trade process, financial news agency Finextra reports Oct. 31. HKEX had been working with Digital Asset […]

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