14 / 14 Relevant items tagged with #HongKong

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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

[Dec 16, 2022 4:30 AM] Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States…

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.

Amber Group's co-founder Tiantian Kullander passes away at 30

[Nov 25, 2022 11:30 AM] Tiantian Kullander, known to many as TT, has unexpectedly died in his sleep on Nov. 23.

Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’

[Nov 23, 2022 11:30 AM] On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan…

Hong Kong believes stablecoin volatility can spillover to traditional finance

[Nov 22, 2022 2:20 AM] According to Hong Kong’s central bank, the interconnection of crypto assets has made the crypto ecosystem more vulnerable to systematic shocks.

FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong

[Nov 18, 2022 6:08 AM] The Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services.

Sam Bankman-Fried, FTX, Alameda Were Accused of Conspiracy, Racketeering, and Market Manipulation 3 Years Before FTX Collapsed

[Nov 17, 2022 9:30 AM] Amid the latest bankruptcy case filed by FTX Trading Ltd., U.S. regulators want to crack down on crypto exchanges, and a class action lawsuit has been issued against former FTX CEO Sam Bankman-Fried (SBF) and 12 celebrities. However, this is not…

Could Hong Kong really become China’s proxy in crypto?

[Nov 17, 2022 9:13 AM] With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch.