crypto hub

Promoting its forward-thinking position on digital currencies, a member of the Hong Kong Legislative Council has extended an open invitation to Coinbase Global Inc (NASDAQ: COIN) and other cryptocurrency exchanges to set up shop in the territory. Johnny Ng, a member of the Legislative Council...

Dubai's Virtual Assets Regulatory Authority (VARA) has issued a formal warning to the co-founders of the defunct crypto hedge fund Three Arrows Capital for launching and promoting their new digital asset exchange, OPNX, without obtaining the necessary license. The warning was addressed to the...

Hong Kong is encouraging banks to cater to the needs of licensed virtual-asset firms — a move that highlights the city's ambition to establish itself as a leading cryptocurrency center. Meanwhile, in the U.S., banks are tightening restrictions on the digital-asset sector. The Hong Kong...