Hong Kong


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AAX Likely Moving Toward Legal Procedure, Former Exec Predicts

Hong-Kong based crypto exchange AAX closed out its derivatives position. The company said in a statement on Nov. 19 that the firm "has a chance ... of resuming normal operations." Former AAX VP and Head of Research Ben Caselin says "that's definitely not my sentiment observation," adding the exchange is likely moving to a legal procedure.

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Shuttered AAX Closing Out Derivatives as it Hopes to Reopen

Hong Kong-based exchange AAX will close out derivatives positions as it attempts to return to normal following a hack. Two days after FTX filed for bankruptcy, AAX suspended withdrawals saying they did so to avoid fraud and exploitation after a maintenance partner failed. Former AAX VP and Head of Research Ben Caselin breaks his silence.

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Finance

Ang Hong Kong Crypto Exchange AAX ay malabong magbukas muli, sabi ng dating pinuno ng komunikasyon

Ang palitan ay nagsara noong Nob. 13 pagkatapos ng isang naiulat na hack.

Hong Kong, China Cityscape (Unsplash)

Finance

Ang Shuttered AAX ay Magsasara ng Mga Derivative, na Binabanggit ang 'Pagkataon' na Bumalik sa Normal

Ang Hong Kong Crypto exchange ay umaasa na makakalap ng sapat na kapital upang muling mabuksan kasunod ng isang hack.

Hong Kong skyline (anuchit kamsongmueang/Getty Images)

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Finance

Ang Crypto Firm Genesis Block ay Itinigil ang Mga Serbisyo sa Pag-trade sa gitna ng FTX Contagion: Ulat

Ang kumpanyang nakabase sa Hong Kong ay dating pinakamalaking manlalaro ng ATM ng Bitcoin sa Asya.

Hong Kong, China Cityscape (Unsplash)

Policy

Nanawagan ang Regulator ng Hong Kong para sa Matitinding Panuntunan Sa kabila ng mga Ambisyong Maging Crypto Hub

Itinampok ni Julia Leung, deputy CEO ng Hong Kong's Securities and Futures Commission, ang DeFi bilang isang lugar na nangangailangan ng mga regulasyon.

Hong Kong regulator pushes for tougher crypto regulations. (Chester Ho/Unsplash)

Finance

Hong Kong Crypto Exchange AAX Muling Pagbubukas ng Mga Hinges sa Capital Raise

Isinara ng exchange ang aktibidad noong Linggo noong una na sinisisi ang magulong mga Markets, ngunit itinanggi nito ang pagkakaroon ng exposure sa wala nang FTX ni Sam Bankman-Fried.

The FTX collapse may alter Hong Kong regulators approach to retail crypto trading. (Yiu Yu Hoi/Getty Images)

Videos

FTX Fallout: Bitcoin Miners’ Balance Slides; Paxos Ordered to Freeze $19M in Crypto

Bitcoin (BTC) miners or entities generating the cryptocurrency seem to be running down their coin stash amid the FTX-induced market panic. U.S. federal authorities have ordered cryptocurrency issuer Paxos to freeze $19 million worth of crypto tied to the bankrupt FTX exchange. Hong Kong-based digital asset platform Hbit Limited is unable to withdraw $18.1 million worth of cryptocurrencies deposited in the now-bankrupt FTX.

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FTX Japan Ordered by Regulator to Pause Operations Following Withdrawal Halt

Japan's Financial Services Agency has ordered the local unit of Sam Bankman-Fried's crypto exchange FTX to suspend operation amid its liquidity crisis. CoinDesk Executive Director of Global Content Emily Parker discusses the details and the implications for FTX in Asia. Why did FTX leave Hong Kong and what is the country's state of crypto regulation now?

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Policy

Inaprubahan ng Singapore ang In-Principle License para sa Crypto Fund Manager Hashkey

Ang lisensya mula sa sentral na bangko ay magpapahintulot sa lokal na sangay ng Hashkey Capital na magsagawa ng mga serbisyo sa pamamahala ng pondo.

Singapore (Unsplash)