[Aug 14, 2023 4:30 PM] Reports have surfaced that Bitmain, the well known mining rig manufacturer, intends to unveil a cutting-edge bitcoin (BTC) miner at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this coming September. The device, christened the Antminer…
[Aug 10, 2023 3:00 AM] The Securities and Futures Commission (SFC) of Hong Kong has issued a warning to unlicensed providers of crypto trading services. Concerned about their engagement in “improper practices,” the regulator also said investors should be aware that some…
[Aug 8, 2023 7:10 PM] In recent developments, Hong Kong regulators have issued cautionary warnings to crypto investors, asking them to be careful of potential investment risks. According to the city’s chief regulatory agency, some cryptocurrency trading platforms have…
[Aug 7, 2023 12:45 PM] Under the Securities and Futures Commission’s licensing regime, which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements.
[Aug 4, 2023 10:56 AM] The liquid digital assets fund, regulated by the Hong Kong Securities and Futures Commission, will open for investments on Sept. 1.
[Aug 4, 2023 6:14 AM] The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say.
[Jul 31, 2023 3:33 AM] The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts.
[Jul 29, 2023 1:00 AM] Worldcoin, the digital ID passport and universal basic income project, is allegedly rising in popularity, with thousands of people said to be signing up and registering. According to Sam Altman, co-founder of the project, one person is currently…
[Jul 27, 2023 6:02 AM] The Saudi Central Bank warned in 2019 that Bitcoin is “not recognized by legal entities” but hasn’t made many statements on crypto since.
[Jul 26, 2023 6:47 AM] The controversial crypto project’s new sign-ups have dwindled and numbers pale in comparison to the 2 million sign-ups before the launch of the project.
[Jul 24, 2023 5:30 AM] Following a partial court victory in the United States, crypto company Ripple intends to stay focused on markets with clear regulations for the industry, including jurisdictions in Asia such as Singapore and Hong Kong. The U.S.-based blockchain…
[Jul 19, 2023 5:36 AM] China looks at Web3 as a powerful tool to challenge the United States’ technological and economic hegemony, the Animoca co-founder said.
[Jul 9, 2023 5:35 PM] Hundreds of firms have been lining up for a Hong Kong crypto license, but recruiters say they are yet to see an accompanying rush for talent.
[Jul 4, 2023 3:14 PM] “Issuing a stablecoin pegged to the Hong Kong dollar not only helps to solidify Hong Kong’s leadership in the blockchain sector but also propels the progress of the digital Hong Kong dollar," said the report.
[Jul 4, 2023 4:00 AM] Animoca Brands founder Yat Siu believes Hong Kong’s efforts to foster the Web3 ecosystem are in stark contrast to regulatory uncertainty hampering development in the United States.
[Jun 30, 2023 7:32 AM] A small number of unelected individuals in Washington D.C. are exercising alarming authoritarian power as regulators, counter to the Big Apple’s stated desire to move from antiquated financial systems to digital ones, writes Omer Ozden.
[Jun 27, 2023 9:30 AM] VASP expenditures are varying between 20 million to 200 million Hong Kong dollars as firms scramble to find Web3 talent for licensing.
[Jun 27, 2023 8:51 AM] The two Far East financial hubs take a comprehensive approach to overseeing crypto, and are likely to attract businesses from around the world. They don’t appear on CoinDesk’s Crypto Hubs 2023 ranking of the 15 best places to live and work for…
[Jun 26, 2023 11:21 AM] Hong Kong's leading financial institution, HSBC, has made a significant move by allowing its customers to trade Bitcoin exchange-traded funds (ETFs). This development marks a notable shift in the stance of traditional banks towards bitcoin, as HSBC…
[Jun 26, 2023 10:07 AM] HSBC's customers in Hong Kong have in fact been able to trade such crypto investment products since they were listed on the Hong Kong Stock Exchange in December.
[Jun 26, 2023 5:10 AM] Three crypto ETFs listed on the Stock Exchange of Hong Kong are now reportedly available for trading at Hong Kong’s largest bank.
[Jun 24, 2023 10:46 AM] According to the CEO of Hong Kong's Securities and Futures Commission, Julia Leung Fung-yee, incorporating virtual assets into the regulatory system was crucial after FTX bankruptcy.
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