Hong Kong Archives - Black Blockchain Consultants

Softbank-Backed Blockchain Firm OneConnect Eyes $100M Nasdaq IPO

AI, Blockchain, China, Hong Kong, IPO, SEC, USA / By Black Blockchain / 3 minutes of reading

Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). As Bloomberg reported on Nov. 13, OneConnect is the blockchain- and AI-focused fintech arm of Chinese insurance giant Ping An. Seeks $100 million and Nasdaq listing The report claims that the filing seeks to raise $100 million, eyeing listing on the Nasdaq Global Market or New York Stock Exchange, if approved. Morgan Stanley, Goldman …

Softbank-Backed Blockchain Firm OneConnect Eyes $100M Nasdaq IPO Read More »

0 Shares

Russian Crypto Plot, China Mining U-Turn, Lottery Winner’s BTC Gamble: Hodler’s Digest, Nov. 4–10

Bitcoin, Blockchain, Central Bank Digital Currency, Cryptocurrencies, Hong Kong, Russia / By Black Blockchain / 9 minutes of reading

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Russia: New law would let police confiscate Bitcoin from 2021 We begin in Russia, where the government is pursuing a seemingly impossible law that would allow it to confiscate Bitcoin …

Russian Crypto Plot, China Mining U-Turn, Lottery Winner’s BTC Gamble: Hodler’s Digest, Nov. 4–10 Read More »

0 Shares

Tencent to Build Virtual Bank After Hong Kong Regulator Approves License

Hong Kong, News, SFC, Tencent / By Black Blockchain / 2 minutes of reading

Chinese internet giant Tencent is set to open a blockchain-based virtual bank after the Hong Kong Securities and Futures Commission (SFC) approved a new license. Speaking at the World Blockchain Summit in Wuzhen, China on Friday, Tencent blockchain chief Yige Cai said the company’s virtual bank received the SFC’s green-light. Moving forward, the company will assemble a team to support the blockchain-based banking platform, according to Chinese media site Sina Finance. “Hong Kong’s new regulations and …

Tencent to Build Virtual Bank After Hong Kong Regulator Approves License Read More »

0 Shares

The State of Security Token Regulations in Asia

Asia, Asia-Pacific, Features, Hong Kong, Legal, Regulation, Singapore / By Black Blockchain / 7 minutes of reading

This essay is presented as a part of No Closing Bell, a series leading up to Invest: Asia 2019 focused on how the Asian crypto markets are interacting with and impacting global investors. To keep the conversation going in person, register for Invest: Asia 2019 coming up in Singapore on Sept. 11-12. Since the cryptocurrency boom and initial coin offering craze of 2017, many countries in Asia have taken steps to clarify their regulations surrounding cryptocurrencies and …

The State of Security Token Regulations in Asia Read More »

0 Shares