Hong Kong Crypto Firms Expand Amid China Restrictions and Global Uncertainty
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Hong Kong crypto exchanges like Hashkey and OSL are expanding amid continued investor interest, with Hashkey getting insurance coverage and raising funds.
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The Block crypto media company received a $60M investment but will still operate independently after FTX fallout.
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A Chinese court ruled that crypto investments have no civil protection since crypto is banned, in another precedent.
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The Philippines plans to issue $180M in tokenized bonds, advancing digital currency adoption in the country.
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Hashkey announced token projects may need to pay up to $300K to list on the Hong Kong exchange, showing high barriers.