What if we could build a trustless third party that facilitates secure transactions between both parties, provides security, and prevents fraudulent activity? This is exactly what Whales Market aims to achieve.
JinseFinanceIf you observe carefully, you can find that there are many crypto exchange shops scattered on the streets of Hong Kong.
JinseFinanceOn February 2, 2024, Hong Kong Secretary for Financial Services and the Treasury Hui Ching-yu said that the government believes that it is necessary to bring virtual currency over-the-counter exchanges (OTC) into supervision.
JinseFinanceHong Kong tightens OTC digital asset trading rules, aligning with AML standards. Public consultation underway until April 12. Key proposals include licensing requirements and restrictions on unlisted assets.
Xu LinAmong the typical cases recently jointly issued by the Supreme People's Procuratorate and the State Administration of Foreign Exchange to punish foreign exchange-related crimes, there are two cases involving OTC business in the currency circle. Below, the author will analyze the legal risks existing in the OTC business of the currency circle based on cases.
JinseFinanceHong Kong strengthens OTC crypto trading regulations amid rising interest from mainland Chinese investors. Balancing growth and risk mitigation in the evolving crypto landscape.
Huang BoIf mainlanders go to Hong Kong to conduct exchange business between USDT and Hong Kong dollars or US dollars, will it constitute an illegal crime within the country, especially the "illegal foreign exchange purchase and sale" included in the crime of illegal business operations?
JinseFinanceCleanSpark Inc., a U.S.-based Bitcoin miner, is gearing up for a significant move into the cryptocurrency market with the launch of its own trading desk in 2024. The company aims to leverage its substantial Bitcoin holdings, seizing opportunities in the burgeoning crypto landscape.
Huang BoIn recent days, there has been a lot of news circulating on the Internet about the illegal financial activities of buying and selling virtual currencies, making friends in the currency circle panic.
JinseFinanceRegarding the behavior of OTC merchants making money from the price difference by buying and selling the stable currency USDT, can these currency exchanges be charged with an "illegal business crime"?
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