[Sep 23, 2024 11:21 AM] Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins.
[Sep 19, 2024 3:30 AM] East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in…
[Sep 18, 2024 3:26 AM] Animoca Brands is hoping to go public soon but the final decision on the timeline is dependent on a key component, the "market’s status, amongst other" aspects, the Web3 giant’s chairman Yat Siu told CoinDesk in Singapore on Monday.
[Sep 14, 2024 9:03 AM] First Digital Trust, which provides crypto custody services for institutions, says that Hong Kong is not yet ready to regulate USD-backed stablecoins.
[Sep 13, 2024 3:45 PM] Hong Kong’s Securities and Futures Commission (SFC) is actively seeking input from industry participants on proposed new licensing regulations for over-the-counter (OTC) cryptocurrency services. The initiative aims to establish a comprehensive…
[Sep 13, 2024 11:20 AM] The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently…
[Sep 11, 2024 3:30 AM] China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese…
[Aug 31, 2024 10:54 AM] Hong Kong Digital Asset Xchange Limited is the latest firm to apply for a license, having submitted their application on Aug. 27.
[Aug 26, 2024 9:37 AM] The three spot Bitcoin exchange-traded funds (ETFs) in Hong Kong have surpassed HK$2 billion (around $272 million) in assets under management since launching earlier this year.NEW: Hong Kong #Bitcoin ETFs surpass HK $2 billion in assets under…
[Aug 26, 2024 7:06 AM] Hong Kong's Securities and Futures Commission (SFC) has found "unsatisfactory practices" at "some" of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections, Bloomberg reported on Thursday citing people…
[Aug 22, 2024 9:49 PM] Hong Kong's spot Bitcoin ETFs saw their largest inflow of funds in over a month today, highlighting growing Asian interest in Bitcoin investment vehicles.JUST IN: Hong Kong #Bitcoin ETFs saw $15 million in inflows today, the highest in a…
[Aug 22, 2024 12:25 PM] Hong Kong’s SFC finds deficiencies in some “deemed-to-be-licensed” crypto exchanges, risking their licensing status amid tightened regulations.
[Aug 16, 2024 11:21 AM] As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC.
[Aug 11, 2024 12:19 PM] By establishing a comprehensive regulatory framework, the city aims to attract global fintech talent, foster innovation, and ensure the security and integrity of digital asset transactions.
[Aug 7, 2024 9:32 AM] Mox, a virtual bank subsidiary of Standard Chartered, has introduced Bitcoin and crypto exchange-traded fund (ETF) trading on its investment platform. This makes Mox the first virtual bank in Hong Kong to offer Bitcoin and crypto-related investment…
[Aug 2, 2024 8:41 AM] For the moment, only bitcoin and ether can be traded, while the company works on "expanding our crypto offerings in the near future."
[Aug 2, 2024 6:30 AM] Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through…
[Aug 1, 2024 11:22 AM] Futu Securities, Hong Kong's biggest online brokerage with over 3.5 million customers, has launched retail Bitcoin trading on its platform. As per South China Morning Post, users can now directly buy and sell Bitcoin and ether using Hong Kong or US…
[Jul 30, 2024 7:30 AM] The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Proxinex, an entity suspected of virtual asset-related fraud. Investors have encountered issues withdrawing virtual assets from Proxinex, later being…
[Jul 30, 2024 1:30 AM] Interpol is aiding Hong Kong officials in locating Wong Ching-kit, a cryptocurrency promoter known as “Coin Young Master,” notorious for his 2018 stunt of tossing HK$6,000 from a rooftop. Wong faces charges of fraud and theft, including…
[Jul 29, 2024 8:55 AM] Hong Kong legislator Wu Jiezhuang has proposed an initiative to consider the inclusion of Bitcoin in the region’s strategic fiscal reserves. This move, aimed at enhancing Hong Kong’s economic framework and accelerating Web3 development…
[Jul 28, 2024 6:59 AM] The authorities continue to urge the public to remain cautious and verify the legitimacy of financial transactions to avoid falling victim to such elaborate scams.
[Jul 28, 2024 3:05 AM] By engaging with stakeholders and focusing on compliance, Wu aims to position Hong Kong as a leader in the adoption of Bitcoin and Web3 technologies.
[Jul 24, 2024 9:35 PM] CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value…
[Jul 22, 2024 3:30 AM] Boyaa Interactive, a public gaming company based in Hong Kong, has announced a strategic investment in the UTXO Bitcoin Ecosystem Fund. The company plans to allocate $1,000,000 to this initiative, aimed at promoting the Group’s business development…
[Jul 22, 2024 3:13 AM] CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.
[Jul 22, 2024 3:13 AM] CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.
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