Hong Kong

Policy·Regulation·Road 2 Crypto·Security

Redefining Regulations: Hong Kong’s Crypto Landscape Takes a New Turn

June 5, 2024

Hong Kong’s regulatory landscape for cryptocurrencies is tightening with every passing day. The city recently expelled all unlicensed crypto exchanges, signaling a stricter stance on regulatory compliance. This move comes amid a wave of transformations in the city’s crypto sector, with major players like

Bitcoin·Markets·Regulation

China Southern Fund Eyes Bitcoin ETF Launch Via Hong Kong

April 8, 2024

China Southern Fund ($284 billion) is reportedly eyeing the launch of a Bitcoin Exchange-Traded Fund (ETF) via Hong Kong. This follows the approval of the first spot Bitcoin ETF by the U.S. Securities and Exchange Commission in January of the current year. The move comes amid a sustained rally in cryptocurrency prices and Hong Kong’s intensified

June 24, 2024

Hong Kong Legislative Council Forms Digital Asset Development and Web3 Subcommittee

Hong Kong is positioning itself as a leading hub for Web3 and

July 24, 2024

Hong Kong’s CSOP Asset Management Unveils Asia’s First Inverse Bitcoin ETF

Hong Kong’s CSOP Asset Management introduced the region’s first Bitcoin Futures Inverse

Community·Markets·Policy·Security

Fraud Alert: Fake China Construction Bank Sites Target Hong Kong Users

The Hong Kong Monetary Authority (HKMA) has issued a public warning about fraudulent websites impersonating China Construction Bank (Asia) Corporation Limited, urging

November 14, 2024

Blockchain·Policy·Regulation

Hong Kong’s ZA Bank Begins Sandbox Trial for Virtual Asset Trading

ZA Bank, Hong Kong’s largest virtual lender, announced a sandbox trial for its virtual asset trading service. The service aims to provide

October 29, 2024

Bitcoin·Blockchain

Hong Kong FSTB Issues New AI Policies for Financial Sector

The Hong Kong Financial Services and Treasury Bureau (FSTB) released a policy framework today focusing on responsible AI use within the financial

October 28, 2024

Policy·Regulation

Hong Kong Police Uncover $360M Global Crypto Fraud Ring

In the heart of Hung Hom neighborhood in Hong Kong, police uncovered a massive cross-border fraud center responsible for defrauding victims worldwide

October 16, 2024

Policy·Regulation

Hong Kong SFC Marks 35th Year By Opening Up to Virtual Asset Trading

In celebration of its 35th anniversary, the Hong Kong Securities and Futures Commission (SFC) has expressed a growing commitment to being more

October 8, 2024

Policy·Regulation·Road 2 Crypto

Hong Kong to Implement Global Standards for Crypto OTC Derivatives Reporting

Hong Kong’s financial regulators, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC), have announced plans to align

September 27, 2024

Blockchain·Policy·Road 2 Crypto·Technology

Crypto Gains Traction in South Korea and Hong Kong Through Institutional Support

Eastern Asia has emerged as the sixth largest crypto economy in the world in 2024, as per a recent report by analytics

September 19, 2024

Future Tech

Hong Kong to Announce AI Policies for Finance Sector by October End

The Hong Kong government plans to release policies regarding the use of artificial intelligence (AI) in the finance sector by the end

September 18, 2024

Policy·Regulation·Road 2 Crypto

Hong Kong SFC Seeks Feedback on Licensing Regime for Crypto OTC Services

The Hong Kong Securities and Futures Commission (SFC) is seeking opinions from industry participants on a proposed licensing regime for cryptocurrency over-the-counter

September 13, 2024