Hong Kong citizens not interested in digital yuan: Reports
[Mar 2, 2023 5:04 AM] Despite the 20% discount, the e-CNY hard wallets don’t attract much attention from the islanders.
14 / 15 Relevant items tagged with #HongKong
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Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3
[Feb 22, 2023 6:38 PM] Gate’s founder called Hong Kong a “hub,” meanwhile, the city’s financial secretary said the region “must keep up” with the “huge potential” of Web3.
Hong Kong’s crypto ambition gets subtle nod from Beijing: Report
[Feb 20, 2023 11:39 PM] While China has cracked down on cryptocurrencies in the mainland, it's apparently taking a softer approach to Hong Kong's crypto hub aspirations.
Hong Kong outlines upcoming crypto licensing regime
[Feb 20, 2023 3:11 AM] Hong Kong’s Securities and Futures Commission calls for public consultation over plans to allow licensed cryptocurrency exchanges to serve retail investors.
Crypto’s next bull run will come from the East: Gemini co-founder
[Feb 19, 2023 8:32 PM] Gemini co-founder Cameron Winklevoss believes the next crypto bull run will come from Asia, while America has two options — embrace crypto or be left behind.
NASDAQ-listed Interactive Brokers to offer crypto trading in Hong Kong
[Feb 14, 2023 5:45 AM] Hong Kong has seen a growing interest in global crypto and fintech player over the years as Interactive Brokers joins the list.
DBS Bank to offer cryptocurrency trading in Hong Kong
[Feb 13, 2023 7:29 AM] As Hong Kong has been opening up to crypto, major financial institutions like DBS Group are targeting new crypto services in the Chinese territory.
Hong Kong securities regulator adds crypto personnel for industry supervision
[Feb 6, 2023 7:30 AM] Regulators in Hong Kong plan for the addition of personnel to “better supervise” the activities of local virtual asset providers.
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
[Feb 6, 2023 4:00 AM] A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured…
Binance Teams Up With Hong Kong Police To Fight Crypto Crime
[Feb 4, 2023 7:30 AM] Hong Kong has taken its plans of becoming a crypto hub into a new dimension. The latest report says the world’s largest cryptocurrency exchange, Binance, is training the Hong Kong Police Force to fight crypto-related crimes. As the city moves…
London Crowned World’s Leading Cryptocurrency Hub, According to Study
[Feb 1, 2023 7:00 PM] According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the…
Hong Kong will not tolerate algorithmic stablecoins in new regulation
[Jan 31, 2023 5:04 AM] The new regulatory regime for stablecoins in Hong Kong should arrive no later than 2024.
Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn
Hong-Kong investment fund raises $500M to push mass adoption in Web3
[Jan 17, 2023 9:00 AM] The global asset manager HashKey Capital closed the funding round for its FinTech Investment Fund III, with which it plans to invest in startups and projects in the space perpetuating mass adoption.
Samsung Asset Management To Launch Bitcoin ETF In Hong Kong: Report
[Jan 12, 2023 12:23 PM] The Samsung Bitcoin Futures Active ETF will launch on Jan. 13, giving Hong Kong investors a mainstream avenue for indirect BTC price exposure.Samsung Asset Management is launching a bitcoin exchange-traded fund (ETF) in Hong Kong.The Samsung…
Samsung investment arm to launch Bitcoin Futures ETF amid rising crypto interest
[Jan 12, 2023 4:46 AM] Hong Kong investors can now gain exposure to Bitcoin through Samsung's new ETF listing, launching on Jan. 13.
Hong Kong watchdog aims to restrict retail traders to liquid products
[Jan 11, 2023 6:47 AM] When asked about Bitcoin or Ether, SFC executive Julia Leung Fung-yee did not respond but reiterated that “highly liquid” products will be allowed.
Hong Kong Reaffirms Commitment to Become Regional Crypto Hub
[Jan 9, 2023 8:30 PM] Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX. “As certain crypto exchanges collapsed one after another, Hong Kong became a quality standing point for digital…
Hong Kong wants to become crypto hub despite industry crisis
[Jan 9, 2023 6:02 AM] Hong Kong is doing its best to provide an appropriate amount of supervision to the crypto market in order to release the potential of technologies like Web3.
Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi
[Jan 5, 2023 5:16 AM] A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins.
Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018
[Jan 2, 2023 9:30 AM] Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much of that perception may have been a facade as a recent report details that Alameda suffered…
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
[Jan 2, 2023 2:29 AM] The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval.
2 executives of crypto exchange AAX arrested in Hong Kong: Report
[Dec 23, 2022 3:57 PM] The former CEO of AAX, Weigao Capital Liang Haoming, and the founder of AAX, Thor Chan, were arrested on Dec. 23.
HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years
[Dec 22, 2022 11:32 PM] G-Rocket is aiming to attract 1,000 Web3 start-ups to Hong Kong and will help them with banking, government services and office spaces.
Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch
This Asset Management Firm Raises Over $70 Million Amid Crypto Winter
[Dec 16, 2022 3:00 AM] Cryptocurrency exchange-traded products are gaining traction due to their benefits to investors. These products expose investors to the crypto market without owning the underlying asset. Investing in ETFs allows users to enjoy institutional custody…
Hong Kong Stock Exchange’s First Bitcoin Futures ETF Receives $53 Million Initial Investment
[Dec 15, 2022 11:24 AM] The futures ETF will be the first of its kind available in Asia according to the asset manager, CSOP.Investors in the Hong Kong Stock Exchange will be able to trade the CSOP Bitcoin Futures ETF (3066.HK) starting December 16 according to a press…
Report: Alameda’s Caroline Ellison Retains SEC’s Former Enforcement Division Chief
[Dec 12, 2022 2:30 PM] After more attention has been cast on the former Alameda Research CEO Caroline Ellison, a report details that Ellison has hired Wilmerhale partner Stephanie Avakian, an attorney that worked for the U.S. Securities and Exchange Commission (SEC). The…
Hong Kong to subject crypto exchanges to the same laws governing TradFi
[Dec 8, 2022 3:38 AM] The new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines.
Hong Kong working on investor protection regulations, says central bank exec
[Dec 2, 2022 2:19 AM] Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake of the recent crypto contagion.