Genesis Block

Hong Kong’s premier OTC trading centre.

With our head office based in Hong Kong, Genesis Block is proudly serving its community as the first stop of all things blockchain.

Supported Digital Assets

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Weekly Highlights

Daily Headline

Research on a central bank digital currency (CBDC) in China has been delayed as the coronavirus epidemic continues.
The project of digital currency is on the way by the Bank of Canada to catch up the occurence of mass adoption of private digital currencies
Coinbase considers that EOS network is still suffering from degraded performance

Daily News

Our daily recap of all things blockchain and digital assets related, to better serve our clients and to inform the public.

BINANCE: Adds NOK and HRK fiat gateways.
SINGAPORE: Payment services act goes live. Requires crypto firms to be licensed.
LIBRA: Vodafone is the latest co to leave the association.
BTC: BIPs are published for the Taproot softfork.
JAPAN: Lawmakers are working on a proposal to create a digital JPY.
HUOBI: Launches brokerage for institutions.
RIPPLE: Plans to IPO within next 12mos.
TETHER: Launches XAUT, a gold-backed stablecoin. Trades on Bitfinex.
DERIBIT: Expands KYC policy to two tiers.
BITPAY: Adds support for XRP.
BCH: Bitcoin.com pulls support for development fund proposal (contributing ~12% of all block rewards).

PBoC: Units in Shanghai and Shenzhen are both looking into illegal behavior by businesses that offer crypto trading, token sales, and foreign ICOs.
CANAAN: Raises $90m via IPO. Shares quickly correct after early gains.
BAKKT: To launch cash-settled BTC futures on Dec 9. Regulated by MAS.
TAGOMI: Onboards Binance.US as its 15th liquidity provider.
BINANCE: Acquires Indian exchange, WazirX. Adds INR gateway for crypto purchases.
TEMPLETON: Partners with wallet provider, Curv, to tokenize a new money mkt fund.
CHAINALYSIS: Lays off 20% of employees. R&D took the biggest hit.

BINANCE: Continues to expand fiat onramps (RUB, UAH, NGN, TRY, etc.)
WEIBO: Binance and Tron blocked due to legal violations.
BRICS: The five nations plan to create a cryptocurrency for settlements.
ICO: Firms missing deadlines to payback investors, a condition from SEC settlements.
LIBRA: Launches ‘pre-mainnet’ with 7 active nodes.
BCH: Hardfork initiated last Friday. New features include 1) non-malleable txs, 2) support for Schnorr signatures.

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