Blockchain Platform For Motor Insurance Authentication Launched By Hong Kong Federation Of Insurers

The Hong Kong Federation of Insurers (HKFI), a financial industry self-regulator, has launched a blockchain-based motor insurance platform to ensure authenticity and counter fraud. Called the “Motor Insurance DLT-based Authentication System” (MIDAS), the platform was first announced in April 2018 with the support of the Hong Kong SAR Government. The […]

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Hong Kong To Regulate Crypto Funds, Exchanges

Hong Kong’s Securities watchdog announced that it will bring digital token portfolio managers and distributors of virtual asset funds under its regulatory net. It also set out a conceptual framework for the potential regulation of cryptocurrency exchanges. In a statement issued on Thursday, the Securities and Futures Commission (SFC) said […]

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

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 to test a prototype system “in an effort to accelerate the post-trade process and reduce settlement […]

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BitMEX Onboards Former Hong Kong Regulatory Veteran as COO

BitMEX, the world’s largest bitcoin cryptocurrency exchange by means of traded volume, has hired a regulatory veteran from Hong Kong’s Securities and Futures Commission to oversee the overall company’s development. Building Bridges Bitcoin Mercantile Exchange (BitMEX) is a cryptocurrency exchange which handles Bitcoin exclusively and is currently the largest one […]

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BitMEX Picks Hong Kong Regulatory Veteran for COO Role

BitMEX has hired Angelina Kwan to oversee its regulatory compliance and overall development. Cryptocurrency exchange BitMEX has appointed Hong Kong regulatory expert Angelina Kwan to the position of chief operating officer (COO), the South China Morning Post reported on Tuesday. Kwan will oversee the overall development of BitMEX and ensure […]

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Bitmain Has Finally Applied for its Hong Kong IPO – Bitsonline

Bitmain has officially made an application for its initial public offering (IPO) on the Hong Kong Stock Exchange (HKSE), according to a recently published document. The news confirms rumors dating from earlier this year. Also see: Circle Hails USD Coin, Joining the Growing Stablecoin Stable Subscribe to the Bitsonline YouTube channel for great […]

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Chinese Blockchain Fund Plans To Create Yen-Backed Stablecoin

Hong Kong-based Grandshores Technology Group is seeking to raise HK$100 million ($12.7M USD) via a digital token fund to create a Japanese yen-pegged stablecoin. Grandshores Technology Group, formerly SHIS Limited, is an investment holding company principally engaged in contracting business. The company shifted its focus to blockchain investment following its […]

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