Hong Kong's securities watchdog exploring ways to regulate crypto exchanges

The Securities and Futures Commission has previously issued warnings to the public on the dangers of investing in crypto securities 

Hong Kong's e-commerce company Ztore raises US$8M Series B funding

Ztore will explore developing cross-border e-commerce in the next two years to bring local brands to markets in the APAC region 

Malaysia's PE firm Ekuinas sells its stake in Tranglo to Hong Kong's TNG for US$27.5M

Tranglo is a cross-border mobile transaction gateway that facilitates airtime transfer and money remittance in Southeast Asia, Hong Kong and China 

Today's top tech news, October 5: Grab looks primed to raise US$500M from SoftBank

Plus, SoundBrenner pre-sells US$200,000 worth of its IoT watch and Creative Ventures builds US$50 million fund 

Animoca Brands acquires stake in company behind AI accelerator Zeroth

Total consideration for the transaction is about US$1.08M, which consists of US$720K in cash earn-in and US$360K in Animoca Brands's shares 

Hedera Hashgraph, Mind Fund team up to launch DLT-focussed accelerator in Hong Kong

Mind Fund has recently participated in a US$124 million funding round for Hedera Hashgraph 

Hong Kong holds its second e-sports festival, amid challenges in building up the Chinese territory’s fledgling e-sports industry

Hosted by the Hong Kong Tourism Board, the festival saw 80,000 visitors this year, up from 60,000 in 2017 

Cryptocurrency platform Binance to test a crypto exchange in Singapore

Hong Kong-based cryptocurrency platform Binance reveals its plan to do a test for a fiat-to-crypto exchange in Singapore 

WeLab joins with Astra to bring online-only consumer lending solutions to Indonesia

The Hong Kong-based financial technology company will be officially operating in Indonesia in joint venture with PT Astra International 

Hong Kong's blockchain incubator SmartUp gets investment from DCapital, Soul Capital

SmartUp aims to build a global blockchain incubating ecosystem to provide startups with one-stop access to incubating services including support, consulting, lead investing and financing