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Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum

[Jan 29, 2024 12:16 AM] The much-awaited approval of spot-bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) can give unprecedented momentum for similar regulatory approvals in and around Asia.

Chinese Investors Are Turning to Crypto Amidst a National Stock Market Slump

[Jan 26, 2024 6:30 PM] Chinese investors are increasingly putting part of their portfolios in cryptocurrency due to the state of the national stock market. According to reports, investors are using exchanges like Binance or Okx, or Hong Kong local exchanges, to purchase…

Hashkey Group Achieves Unicorn Status With $100 Million Series A Funding

[Jan 16, 2024 1:00 PM] After obtaining a comprehensive capital markets license in Singapore, Hashkey Group announced it has successfully garnered $100 million through a Series A funding round. The fresh injection of capital is earmarked for expediting the growth of their…

HashKey Becomes Crypto Unicorn After Closing $100M Raise

[Jan 15, 2024 11:23 PM] Operator of licensed Hong Kong exchange says raise will promote compliant, innovative global growth.

Bitcoin Adoption: Hong Kong Is Asia’s Rising Crypto Hub

[Jan 3, 2024 11:00 AM] The city of Hong Kong is serious about crypto. After three years of struggles with COVID-19, the city is vibrant and flourishing again as business executives and tourists of all kinds pour back into Asia's financial center. New guidelines from the…

Bitcoin ETF Looks Very Likely Given These Bureaucratic SEC Steps

[Jan 3, 2024 10:45 AM] We see a 98% chance of approval in the next couple of weeks and the high likelihood of a Bitcoin rally to follow.

Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers

[Dec 27, 2023 4:13 AM] The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.

Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say

[Dec 22, 2023 5:35 AM] The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.

BlockShow unites with BlockDown for a crypto festival in Hong Kong

[Dec 18, 2023 8:00 AM] BlockShow marks its return to in-person conferences by joining forces with BlockDown to bring a crypto festival to an iconic Hong Kong location in May 2024.

Bank Of China Completes First Cross-Border Digital Yuan Commodities Trade

[Dec 16, 2023 3:00 AM] The Bank of China Hong Kong, the second largest bank in the region, has completed its first cross-border digital yuan-based trade. The transaction, finalized with its sibling bank, the Bank of China, served to receive the payment for an imported…

Hong Kong regulator blocks access to two crypto entities, warning of fraud

[Dec 6, 2023 11:23 AM] According to the securities regulator, misleading information online could encourage individuals to invest in the HKD token issued by HongKongDAO.

Julia Leung: Positioning Hong Kong as a Crypto Hub

[Dec 4, 2023 7:23 AM] A former journalist, Leung is the world's most powerful female financial regulator in an increasingly important center for crypto.

Hong Kong Securities Association suggests ICO to boost island’s economy

[Nov 30, 2023 5:48 AM] The Hong Kong Securities and Futures Association also suggested that Hong Kong’s authorities could implement Islamic Banking.

Hong Kong Securities Trade Group Proposes Initial Coin Offering Portal

[Nov 30, 2023 4:16 AM] Hong Kong was once a hub for ICOs until regulators cracked down. Times have changed.

Interactive Brokers opens Hong Kong retail crypto trading with OSL

[Nov 28, 2023 11:36 AM] Hong Kong clients will be able to purchase Bitcoin and Ethereum in their personal accounts.

Hong Kong Chief Says Regulators May Get Powers to Crack Down on Unlicensed Crypto Exchanges: Report

[Nov 28, 2023 11:26 AM] The Securities and Futures Commission said it does not have the power to close unlicensed crypto exchanges.

​​Hong Kong authorities say 145 victims, $18.9M lost in Hounax scam

[Nov 28, 2023 6:30 AM] Authorities in Hong Kong confirmed 145 users were scammed on the unlicensed crypto exchange Hounax, resulting in $18.9 million of lost funds.

Crypto exchange grace period to remain unchanged in Hong Kong despite scandals

[Nov 27, 2023 9:42 AM] The recent JPEX and Hounax exchange scandals have resulted in losses exceeding $100 million.

Binance-linked HKVAEX still preparing to apply for license in Hong Kong

[Nov 27, 2023 7:14 AM] HKVAEX and VAEXC are different crypto platforms in Hong Kong and have nothing to do with each other, a HKVAEX representative said.

Interactive Brokers Hong Kong licensed in Hong Kong for retail virtual asset trading

[Nov 24, 2023 7:49 AM] Interactive Brokers Hong Kong was approved for a license in Hong Kong for virtual asset trading for retail clients, as announced by the regional managing director on LinkedIn.

Hong Kong Investment Firm Victory Securities Obtains Retail Crypto Trading License

[Nov 24, 2023 6:31 AM] The publicly traded company joins crypto-native firms HashKey Exchange and OSL Digital Securities with a license.

Hong Kong to use AI against superbugs and antibiotic overprescription

[Nov 24, 2023 3:38 AM] The COVID-19 pandemic significantly increased broad-spectrum antibiotic prescriptions, leading to antibiotic resistance development within superbugs.

People’s Bank of China Tests Digital Yuan Payment Integration in Hong Kong

[Nov 18, 2023 2:30 AM] The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) are in the second phase of the integration tests of the digital yuan for payments and cross-border transactions in Hong Kong. This new phase includes more banks and…

Hong Kong Gaming Company Boyaa Interactive Seeks Approval to Buy $100M in Crypto to Boost Web3 Strategy

[Nov 15, 2023 11:07 AM] Boyaa Interactive unveiled plans this week to potentially buy up to $100 million worth of cryptocurrencies, mostly bitcoin [BTC] and ether [ETH] within a year.

Hong Kong Based Boyaa Plans to Buy $45 million Worth of Bitcoin As Treasury Reserve Asset

[Nov 14, 2023 9:27 AM] Boyaa Interactive, a Hong Kong-based gaming company, revealed plans for a potential investment in cryptocurrencies, including Bitcoin, as this endeavor seeks to enhance the Group's asset allocation strategy.Following an earlier voluntary…

Owner of Hong Kong crypto exchange OSL secures $90M investment

[Nov 14, 2023 5:25 AM] BC Technology Group, the operator of Hong Kong’s publicly listed crypto exchange OSL, has raised $90 million in subscriptions for new shares from BGX.

Bitget's Hong Kong Unit Halts Operations, Won't Apply for Crypto License

[Nov 13, 2023 5:52 AM] BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13.

Bitget drops plans to seek crypto license in Hong Kong

[Nov 13, 2023 4:59 AM] Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13.

UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg

[Nov 10, 2023 1:17 AM] The news comes a day after HSBC, one of the world's largest banks, said it plans to start a digital-assets custody service for institutional clients.

JPEX scandal: Taiwan determines new suspects in alleged fraud — Report

[Nov 9, 2023 3:33 AM] Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud.