Hong Kong-Based Crypto Platform OSL Up For Sale For Proposed HK$1B
The exchange is one of only two exchanges in Hong Kong licensed under the digital asset-rules introduced by the city in June.
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The exchange is one of only two exchanges in Hong Kong licensed under the digital asset-rules introduced by the city in June.
The survey, conducted with 1,000 respondents aged 18 to 69, reveals that only 47% of retail crypto investors are familiar with the new Virtual Asset Trading Platform Regulatory Regime.
In light of the JPEX scandal allegedly involving losses amounting to approximately HK$1.2 billion (equivalent to US$154 million) to more than 1,600 investors, the primary objective of this newly formed division is to facilitate the exchange of information concerning suspicious activities involving VATPs.
HKEX Synapse is a pivotal component of the Stock Connect program, facilitating connectivity between Hong Kong and mainland China's markets.
HK law enforcement agencies are currently delving into allegations of fraudulent activities surrounding JPEX, leading to the arrest of prominent stars and influencers.
One key factor influencing Winto Group's growth was its high concentration of ownership, with its largest controlling shareholder, Lu Wenhua, holding a significant stake of 61.73% as of March 31st.
Tesla CEO Elon Musk has once again come out as a Dogecoin supporter. After being somewhat less forthcoming with his love for Dogecoin in recent weeks.
The American multinational fast food chain McDonald's has started accepting payments in Bitcoin and Tether in Switzerland's city of Lugana.
Last month, McDonald's made fun of cryptocurrency investors, but has now embraced the Metaverse, filing a trademark for its virtual world brand.