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Bosera Hashkey Ether ETF Gains SFC Nod for Ethereum Staking

[Apr 11 2:26 PM] Hong Kong’s Securities and Futures Commission (SFC) has approved the Bosera Hashkey Ether exchange-traded fund (ETF) to engage in ethereum staking, marking a first for the Asia-Pacific region. Milestone for Hong Kong: Ether ETF Cleared for Staking…

China AMC Launches ‘First’ Retail Tokenized Fund in APAC

[Mar 3 7:30 AM] China Asset Management has launched the first retail tokenized fund in the Asia Pacifi (APAC) region. Broadening Investor Base The Hong Kong investment firm China Asset Management recently launched a tokenized fund known as the China AMC HKD…

Infini Hacked: $49M in USDC Stolen, Admin Privileges Exploited

[Feb 25 5:30 AM] Infini, a Hong Kong stablecoin neobank, confirmed a $49 million hack due to exploited administrative privileges, just days after a massive breach at Bybit. Infini: Runway Still Solid The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24…

China May Be On the Verge of Ending Its Bitcoin Ban

[Dec 17, 2024 10:15 PM] Look, I think it's only a matter of time before China pulls a complete 180 on its Bitcoin ban. Yes, they outlawed trading and mining back in 2021, but honestly, a lot has changed since then — especially this year. Bitcoin's momentum globally has…

Hong Kong Considers Bill to Regulate Stablecoins

[Dec 7, 2024 8:30 AM] This framework will provide the legal foundation for stablecoin regulation in Hong Kong. Regulation for Stablecoins Hong Kong is taking another bold step in its aspiration to establish itself as a global hub for digital assets. The city’s financial…