Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community apps

Hong Kong, Hong Kong, 25th July 2024, Chainwire The post Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community apps appeared first on CoinJournal.

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Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community apps

Hong Kong, Hong Kong, 25th July 2024, Chainwire The post Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community apps appeared first on CaptainAltcoin.

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Hong Kong to present regulatory framework for stablecoins by 2025

Hong Kong’s financial regulators have received over 100 submissions from market participants, with a vast majority endorsing the establishment of a licensing regime for stablecoins. The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA)…

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Hong Kong Edges Closer to Regulatory Framework for Stablecoin, Lawmaker Says

A Hong Kong politician describes significant progress toward finalization of a framework governing stablecoin issuance. The post Hong Kong Edges Closer to Regulatory Framework for Stablecoin, Lawmaker Says appeared first on BeInCrypto.

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HashKey to Give Hong Kong Traders Bitcoin, Ether Options

HashKey Exchange preps to unveil Bitcoin and Ether retail trading in Hong Kong, supplemented by an investor grading framework.

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Hong Kong Crypto Gets Green Light

A crystal clear regulatory framework now gives Hong Kong crypto exchanges the green light to offer their products to retail investors. This shift has caught the attention of market observers because of the size of the Hong Kong market. Is Hong Kong the new crypto hub?

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Hong Kong Eyes Stablecoins and Tokenized Securities Post-VASP Regulation

Having launched its regulatory framework for crypto firms this month, Hong Kong is moving to embrace stablecoins and tokenized securities. The post Hong Kong Eyes Stablecoins and Tokenized Securities Post-VASP Regulation appeared first on BeInCrypto.

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Hong Kong seeks fast regulatory action on stablecoins

According to the local news outlet The Standard, Hong Kong is making strides in creating a clear framework for stablecoins pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) aims to introduce the proposed comprehensive regulatory framework for stablecoins within 18 months.

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Experts Tip China To Get Bullish on Crypto, Says New Digital Asset Framework In Hong Kong Is “Testnet” For China

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Crypto exchange Bitget responds on regulatory moves: ‘the industry’s broad reach are well appreciated’

Key takeaways Regulatory agencies globally have been rolling out frameworks to guide the cryptocurrency market. Europe recently approved the MiCA guideline, while Hong Kong is set to release its crypto regulatory framework soon.

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Hong Kong set to offer retail crypto trading licenses soon

Hong Kong's financial regulator is set to roll out a new framework that would allow retail investors to trade crypto assets like BTC and ETH, and will also include measures to protect investors. 

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Hong Kong’s Crypto Boom: ‘Chinese’ Coins Poised for Explosive Growth with Friendly Regulatory Landscape

Exciting times lie ahead for the cryptocurrency market in Hong Kong as the Securities and Futures Commission (SFC) gears up to introduce a new regulatory framework for virtual asset service providers (VASPs) on June 1, 2023.

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Hong Kong gears up to launch crypto licensing framework

Hong Kong prepares to unveil its eagerly-awaited cryptocurrency licensing regime next month, aiming to solidify its position as Asia's top destination for crypto exchanges.

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Hong Kong to release crypto framework next month- Bloomberg

Hong Kong’s new cryptocurrency licensing framework is expected in May. The Securities and Futures Commission (SFC) chief executive Julia Leung told Bloomberg the guidelines follow a consultative process.

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Hong Kong targets May for crypto exchange licensing regulations

Hong Kong’s Securities and Futures Commission (SFC) will release guidance on the crypto licensing framework in May. Hong Kong’s SFC CEO, Julia Leung, disclosed this at an event reported by Bloomberg on April 27.

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HKD.com, Hong Kong’s Most Iconic Crypto Exchange to Kickstart License Application

Hong Kong’s iconic cryptocurrency exchange HKD. com is moves towards kickstarting their license acquisition in the Chinese Special Administrative Region as new licensing and regulatory framework tilts towards retail customers acceptance.

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First Mover Asia: Bitcoin Opens the Week Testing $25K

Also: Hong Kong will unveil its new crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests.

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DBS Bank the Latest Business to Rush to Hong Kong as the Territory Plans to Become a Crypto Hub

Businesses like Huobi and DBS bank are expanding to Hong Kong. The country adopted to a robust regulatory framework. The post DBS Bank the Latest Business to Rush to Hong Kong as the Territory Plans to Become a Crypto Hub appeared first on BeInCrypto.

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Hong Kong set to enforce crypto regulation from June

Hong Kong’s Financial Secretary Paul Chan said that the government has completed its crypto regulation framework, which will come into effect in June 2023. The post Hong Kong set to enforce crypto regulation from June appeared first on CryptoSlate.

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Hong Kong’s Central Bank to Reveal Plans for Crypto Regulations Come July 2022

The de facto central bank of Hong Kong intends to have a new regulatory framework in place for crypto assets by July. This comes as the city races with Singapore to become a major center for the industry while also managing possible dangers.

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South Korea’s Financial Authorities to Include Cryptocurrencies in New Taxation Framework

A local publication reported that South Korea’s Ministry of Strategy and Finance aims to introduce taxes for digital assets, with the rate expected to reach 20 percent. The announcement was made during the Financial Parliamentary committee meeting chaired by Minister Hong Nam-Ki on 17th July.

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Hong Kong’s New Criteria on Crypto Exchanges Actually Isn't Important

Experts discuss whether Hong Kong’s new framework for crypto exchanges will actually have a positive impact on the local market

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Global Crypto Framework Needed to Stop ‘Regulatory Arbitrage,’ Watchdog Warns

Hong Kong’s securities regulator says the world needs a united response to stablecoins like Libra to avoid firms setting up in laxer jurisdictions.

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Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges

Hong Kong’s Securities and Futures Commission has established a new regulatory framework that allows crypto exchanges to opt-in to be licensed and regulated. Starting Wednesday, centralized trading platforms can apply for a license, providing they meet certain requirements including adequate measures for the safe custody of assets, insurance, hot and cold wallets, and private key […] The post Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges appeared first on Bitcoin News.

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Bitfinex Postpones Kimcoin’s Token Sale Until Further Notice

Bitfinex postponed the sale of Kimcoin indefinitely. The regulatory framework in the industry is affecting initial exchange offerings. Kim Dotcom tried to avoid countries within the U. S. jurisdiction.

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Hong Kong Brings License to Crypto Exchanges

Opt-in based framework; limited impact expected. Still PI only. Overview Hong Kong is stepping up its efforts to formally regulate cryptocurrency exchanges in the city. The Securities and Futures Commission just released a newly drafted regulatory framework, which allows the securities watchdog to issue licenses to crypto trading platforms.

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Hong Kong to Unveil New Cryptocurrency Exchange License Guidelines

Hong Kong’s securities watchdog, the Securities and Futures Commission (SFC) appears to be poised to lay down a regulatory framework for cryptocurrency exchange applications in the region. The news comes following a speech by Ashley Alder, the Chief Executive Officer of the SFC during Hong Kong FinTech Week 2019.

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Hong Kong Regulators Issue Framework to License Crypto Exchanges

Hong Kong will regulate cryptocurrency exchanges. The Securities and Futures Commission developed a set of guidelines for exchanges to operate. Custody and cybersecurity are the top concerns among regulators.

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Crypto Exchange Regulations are Coming to Hong Kong

Financial regulators in Hong Kong will introduce clear cut rules to govern the operations of cryptocurrency exchanges. Meanwhile, reports show that fund managers continue to struggle with the stringent requirements for crypto investment in Hong Kong.

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Only 1 Crypto Fund Has Passed Hong Kong’s SFC Regulatory Hurdles in First Year

Only one financial fund has passed Hong Kong's framework for digital asset investments.

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Report: Barely Any Hong Kong Crypto Funds Being Approved for Licenses

Hong Kong’s securities regulator has reportedly approved barely any cryptocurrency fund managers under its 2018 licensing framework

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Bitmain IPO Suffers Major Setback as Hong Kong Regulator Declares Crypto Firms “Immature”

These are not the best of times indeed for Bitmain,  the world’s largest manufacturer of bitcoin mining equipment as Hong Kong’s stock market regulator, HKEX has made it clear that it would not approve the initial public offering (IPO) applications of DLT-linked firms until the region formulates a robust regulatory framework to govern its blockchain technology and cryptocurrency space, reported.

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Hong Kong Strengthens Regulatory Grasp on Cryptocurrencies

The government of Hong Kong wishes to establish a legal framework that would put crypto operators under the jurisdiction of its financial watchdog.

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South Korea Mulls Imposing Taxes on Cryptocurrency ICO

The South Korean government reportedly has plans to tax cryptocurrency and ICOs, despite the lack of a regulatory framework. Cryptocurrency ICO Taxation Policy According to The Korea Times, Hong Nam-Ki, Finance Minister nominee, revealed that the South Korean government is planning to tax cryptocurrency and initial coin offerings (ICO).

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Hong Kong Regulation Set to Benefit Custody Company InVault

Cryptocurrency custody services company InVault, from Shanghai, has launched in Hong Kong just in time to take advantage of the special administrative region’s new rules for cryptocurrency exchanges and asset managers.

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Asian Investors Should Invest in Crypto Despite Volatility Claims Founder of SuperNode Community

Across the world, countries are looking into regulating cryptocurrencies. Each space is handling regulation a little differently, with Asian markets leading the way towards adoption. Despite the volatility and lack of a regulatory framework, investors are getting involved in the world of digital assets.

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Hong Kong Officials Crafting Regulatory Framework To Protect Crypto Investors

The Securities and Futures Commission has plans for a regulatory sandbox.

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Hong Kong Crypto Exchanges Coming Under Increased Regulatory Scrutiny

The Securities and Futures Commission (SFC) of Hong Kong appears set to adopt a new approach to regulating the local cryptocurrency trading market. This announcement comes after the FSC chairman, Carlson Tong Ka-shing, said that Hong Kong needed a more robust regulatory framework for cryptocurrency trading.

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Hong Kong: National Stock Exchange Calls for Fintech and DLT Laws

The Hong Kong Stock Exchange (HKEX) has published a paper on October 18, 2018, arguing that the nation’s existing financial laws should apply to Fintech, cryptocurrency and distributed ledger technology (DLT) ecosystems.

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Crypto Trading Ban Won’t Work, Says Hong Kong’s Top Financial Regulator

Carlson Tong Ka-shing believes Hong Kong needs a more robust regulatory framework for cryptocurrency trading. The soon-to-be former head of the Hong Kong Securities and Futures Commission (SFC) has called for greater emphasis on investor protection in the volatile virtual currency trading arena.

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OKEx Founder Released After Questioning in Connection With Suspected Coin Fraud

The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin.

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