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Hong Kong-based Crypto Coinsuper Users Couldn’t Withdraw Funds Since November

January 8, 2022
Source: usaherald.com usaherald.com
News Snapshot:
Several users of Hong Kong-based crypto exchange Coinsuper have said that they couldn’t withdraw funds from the platform since late November, according to messages on Coinsuper’s official Telegram channel. - The fiasco sheds a negative light on crypto exchanges, which are at the center of Hong Kong’s evolving crypto regulation. The government plans to [propose] a bill that will make licensing for exchanges mandatory in the 2021-2022 legislative session. - Bloomberg first reported the news on Friday. According to the Bloomberg article, at least seven people have filed police reports, and the Hong Kong police are investigating the case of...
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Tags: bitcoin | blockchain | Bloomberg | capital | CEO | chairman | China | crypto | data | fintech | government | Hong Kong | investment | KONG | licensing | management | news | platform | police | president | social media | Tencent | venture capital | website | WeChat

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