Hong Kong

Operation Coin Breaker! 4 Arrested,$155 Million USDT Laundering

Money laundering is nothing new and in recent years money laundering through digital currencies has been the new trend. Accordingly, Hong Kong customs have arrested about 4 persons for money laundering through cryptocurrencies. Operation Coin Breaker A group of about four persons were arrested by the Hong Kong customs for

July 16, 2021 2 mins read

Crypto Exchanges in Hong Kong Allow Services Only to Professional Investors

Crypto Exchanges in Hong Kong will allow services to only professional investors. FSTB has been consulting on proposed changes to the current “opt in” system. Investors must hold portfolios worth HK $8M to qualify for professional investor status. Hong Kong-based crypto exchanges have to obtain licenses from the territory’s markets

May 23, 2021 1 min read