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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. дальше »
2023-4-27 11:00
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Switzerland’s Banque SYZ unveils crypto fund with CMCC Global
Syz Group is launching a $50 million fund in collaboration with Hong Kong’s venture capital firm, CMCC Global. The fund, which is scheduled to go live on July 1, will invest in crypto-focused hedge funds. дальше »
2023-4-24 19:59
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Hong Kong court recognizes crypto as property in Gatecoin case
The Hong Kong legal and justice system has made a landmark ruling by recognizing cryptocurrency as property that can be “held on trust. ” The decision was reached in a lawsuit involving the now-defunct crypto exchange Gatecoin. дальше »
2023-4-19 17:11
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Hong Kong Banks to Decide on CBDC Outlook
Coinspeaker Hong Kong Banks to Decide on CBDC Outlook The central bank of Hong Kong has charged other banks to come up with what they think the CBDC should look like. Hong Kong Banks to Decide on CBDC Outlook дальше »
2023-4-18 13:35
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Chinese state-owned bank starts working with crypto firms in Hong Kong
China Bank of Communications Co., Ltd.’s Hong Kong subsidiary reportedly collaborates with several crypto companies with secured licenses in Hong Kong. According to reports, the state-owned bank works with several licensed crypto firms in the semi-autonomous city-state and has also… дальше »
2023-4-17 15:41
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Bybit to expand into Hong Kong crypto market
Dubai-based Bybit has announced plans to build its central Asian business in Hong Kong. The exchange intends to have a segment of its marketing, research, and development team in the city. WSJ has recently reported that Bybit has plans to… дальше »
2023-4-3 14:41
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Report Claims Chinese Banks Show Interest in Hong Kong-Based Crypto Firms
According to a recent report from Bloomberg, Chinese banks are now showing interest in Hong Kong crypto firms. This has surprised the broader crypto community, given that China had once restricted digital currency transactions in the country. дальше »
2023-3-28 22:30
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Chinese banks going all in on crypto amid US financial crisis
Although trading of cryptocurrencies has been outlawed on the mainland for years, Chinese banks have reached out directly to crypto firms in recent months. дальше »
2023-3-28 20:54
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More Than 80 Crypto Firms Plan to Launch In Hong Kong, Financial Secretary
Hong Kong, an administrative region of China, has gradually expanded its crypto industry. The city aims to create a robust crypto environment to position it as a prominent hub for crypto and Web3 interactions. дальше »
2023-3-21 21:00
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More Than 80 Crypto Firms Plan To Launch In Hong Kong, Financial Secretary Says
Hong Kong, an administrative region of China, has gradually expanded its crypto industry. The city aims to create a robust crypto environment to position it as a prominent hub for crypto and Web3 interactions. дальше »
2023-3-21 21:00
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WeChat Integrates Digital Yuan To Bolster Payments
WeChat, a popular app in China, has integrated the digital Yuan into the platform. The aim is to make payments faster and seamless for the app users. Apart from WeChat, another payment app in China, Alipay also supports the digital Yuan. дальше »
2023-3-7 19:20
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Gate.io to launch in Hong Kong as government invests $6.4m in web3
Crypto exchange Gate.io has announced its plans to launch in Hong Kong following the government's cash injection of HKD 50 million ($6.4 million) into Web3 under the city's 2023-24 budget. дальше »
2023-2-24 16:26
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Hong Kong’s Crypto Hub Aspirations Get Beijing’s Seal Of Approval
As Hong Kong considers throwing open crypto trading to retail investors, the Chinese government is reportedly subtly supporting the idea. дальше »2023-2-22 19:04
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Beijing supports Hong Kong crypto ambitions
The news that Hong Kong may soon let retail players trade significant cryptocurrencies like bitcoin and ethereum was first reported on Feb. 20. дальше »
2023-2-21 19:24
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Chinese Government Approves of Hong Kong’s Crypto Plans: Bloomberg
China is dipping its toes back into the crypto world by allowing Hong Kong to open up to the market. One Country, Two Systems The Chinese government seems keen to... дальше »
2023-2-22 19:20
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Hong Kong to legalize cryptocurrency trading
Hong Kong is set to open its doors to digital assets and investors, with ambitious plans to become an Asian crypto hub. дальше »
2023-2-17 17:44
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Huobi to expand in HK, anticipates loose China crypto stance
The Huobi crypto exchange plans to increase its presence in Hong Kong, believing that the city’s pro-crypto tilt could signal an eventual relaxation of mainland China’s longstanding ban on digital assets. дальше »
2023-2-10 18:18
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Hong Kong regulator expands crypto oversight team
A Feb. 6 filed report highlighted Hong Kong's securities and futures commission's plans to hire additional staff to provide a better supervisory role to virtual asset service providers in Hong Kong. дальше »
2023-2-7 21:20
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Binance aids Hong Kong police to fight cybercrime
Binance and the Cyber Security and Technology Crime Bureau (CSTCB) of the Hong Kong Police Force (HKPF), have concluded a 5-day training program dubbed Virtual Asset Investigation Course (VAIC). The program is designed to bolster law enforcement efforts against cybercrimes… дальше »
2023-2-3 15:03
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Hong Kong SFC says traders will have highly liquid cryptoassets
Julia Leung Fung-yee, the new CEO of Hong Kong’s Securities and Futures Commission (SFC),said traders in the region will only have access to highly liquid cryptocurrencies. дальше »
2023-1-12 23:26
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Hong Kong watchdog aims to restrict retail traders to liquid products
When asked about Bitcoin or Ether, SFC executive Julia Leung Fung-yee did not respond but reiterated that “highly liquid” products will be allowed. дальше »
2023-1-12 15:47
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Hong Kong’s financial secretary stresses pro-crypto views
Hong Kong Financial Secretary Paul Chan, while speaking at a web3 forum, doubled down on the possibility of the city becoming a major crypto hub. дальше »
2023-1-10 22:42
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2 executives of crypto exchange AAX arrested in Hong Kong: Report
The former CEO of AAX, Liang Haoming, and the founder of AAX, Thor Chan, were arrested on Dec. 23.
дальше »2022-12-24 00:57
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Justin Sun: China closely watching Hong Kong’s crypto policies
Justin Sun said Chinese authorities are keeping an eye on Hong Kong's efforts to establish the city as a leading Asian cryptocurrency hub as a policy test for the mainland. дальше »
2022-12-22 11:43
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Crypto ETFs Make Splash in Hong Kong Debut as They Bust Elsewhere
A pair of exchange traded funds (ETFs) tracking US-listed crypto futures collectively raised $73.6 million leading up to their Hong Kong debut. The post Crypto ETFs Make Splash in Hong Kong Debut as They Bust Elsewhere appeared first on BeInCrypto. дальше »
2022-12-16 22:45
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Hong Kong watchdog warns against crypto custodians
Hong Kong financial market regulator, Securities and Futures Commission (SFC), warned users of the high risks involved in investing in unregulated centralized exchanges. дальше »
2022-12-14 12:12
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Hong Kong introduces licenses for crypto exchanges
Hong Kong creates licenses for crypto exchanges, aiming at attracting big industry players to the country. The registration rules will exempt traders with volumes of less than $15,000. Hong Kong embraces crypto licenses Hong Kong is working towards becoming friendlier… дальше »
2022-12-9 16:46
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Hong Kong’s Sudden Crypto-Friendly Disposition Provokes Many Mixed Reactions From Industry Players
After one year of stringent restrictions on crypto, Hong Kong is reviewing its erstwhile policy on crypto to accommodate retail investors. дальше »
2022-11-1 19:00
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Hong Kong issues policy statement on crypto
The Hong Kong government issued a crypto policy statement that clarified its plans to develop “a vibrant sector and ecosystem” for the nascent industry on October 31. The post Hong Kong issues policy statement on crypto appeared first on CryptoSlate. дальше »
2022-10-31 13:30
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Hong Kong unveils completed retail CBDC project that has a CBDC-backed stablecoin
The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region. дальше »
2022-10-22 21:45
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Tech giant Meitu loses over $43M of its crypto investment in bear market
Meitu was one among many public companies that purchased Bitcoin to hold as a treasury reserve during the peak of the bull run last year and now joins the list of companies that have suffered heavily due to the bear market. дальше »
2022-9-1 14:13
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Binance CEO sues Bloomberg subsidiary alleging defamation
A Bloomberg article was republished by its Chinese subsidiary using the title “Zhao Changpeng’s Ponzi Scheme.”
дальше »2022-7-26 08:03
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CoinFLEX resumes withdrawals, limiting users to 10%
Since halting user withdrawals three weeks ago, CoinFLEX has announced plans to reclaim up to $84 million in owed funds.
дальше »2022-7-15 19:00
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Law Decoded, June 13–20: Celsius exodus and liquidity crisis
The American platform became the first to freeze the withdrawal operations, but it might not be the last.
дальше »2022-6-22 10:27
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Suspect Arrested in Hong Kong for Scamming Crypto Trader out of HK$1.5M
On Tuesday, a Hong Kong man was arrested for stealing HK$1.5M from a female trader in Tsim Sha Tsui, an urban district in southern Kowloon, Hong Kong. The post Suspect Arrested in Hong Kong for Scamming Crypto Trader out of HK$1.5M appeared first on BeInCrypto. дальше »
2022-5-12 22:00
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New crypto owners nearly doubled in 3 key regions in 2021: Report
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021.
дальше »2022-4-4 11:37
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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. дальше »
2022-1-14 20:00
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Why Hong Kong Could Allow Retail To Dabble Into Crypto ETFs
The local securities regulator in Hong Kong will review the rules for people to be able to trade crypto-linked Exchange Traded Funds (ETFs). According to a report by the South China Morning Post, Hong Kong’s Securities and Futures Commission (SFC) will take another look into its digital asset transaction regulation. Related Reading | Bye-Bye China […] дальше »
2021-11-3 21:00
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Chinese blockchain project BSN expands to Turkey and Uzbekistan
Chinese blockchain project BSN comes to Turkey and Uzbekistan after launching the BSN Hong Kong and Macau portal.
дальше »2021-10-11 09:53
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Binance Announces Immediate Restriction On Derivatives Trading In Hong Kong In Shift To ‘Proactive Compliance’
After Europe, Binance is now shutting down derivatives trading for users in Hong Kong as the world’s largest cryptocurrency exchange adopts a more proactive approach to regulatory compliance, CEO Changpeng Zhao has announced. дальше »
2021-8-7 16:24
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South China Morning Post to tokenize 118-year-old archive with NFTs
Hong Kong landmarks like the Kowloon Walled City will be tokenized and showcased in The Sandbox Ethereum-based metaverse.
дальше »2021-7-19 12:54
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Hong Kong Activists Deploy Blockchain to Fight Government Censorship
With a government-led crackdown on freedom of speech and the press, activists in Hong Kong have sought to use the blockchain as a tool for circumventing censorship. The novel technology continues to be touted as being a viable means of decentralizing information flow. дальше »
2021-6-25 11:00
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Shanghai Man: Bitcoin interest drops in China amid crackdown on social media and miners
Xinjiang crypto miners forced to shut down, Antpool hash rates drop by 30%, and Baidu and Weibo try to scrub crypto players from their platforms. дальше »
2021-6-11 06:07
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Hong Kong Includes CBDCs in 5-Point Agenda for Fintech Development
The Hong Kong Monetary Authority (HKMA) is pursuing a comprehensive fintech revamp for the city and its plans include central bank digital currencies (CBDC). However, easier access to crypto assets does not seem to be a part of the HKMA’s fintech agenda. дальше »
2021-6-9 21:00
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Asia’s MicroStrategy? Meitu drops another $50M on ETH and BTC
Chinese tech company Meitu has dropped another $50 million on ETh and BTC, taking its total holdings up to $90 million.
дальше »2021-3-18 06:35
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Kenetic co-founder purchases .NFT domain extension for $84K
"The possibilities of the NFT domain are endless," said Jehan Chu.
дальше »2021-2-3 20:30
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Gang Steals $450,000 During Crypto Trade-Turned-Heist
Knifepoint Crypto Buying and selling crypto can be stressful enough without being robbed at gunpoint. But for one Hong Kong woman, a backdoor crypto-trading deal turned into a hold-up. According to the South China Morning Post, thieves got away with HK$3. дальше »
2021-1-20 21:47
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Armed robbers steal $450K from Hong Kong crypto trader
A gang of four robbers has reportedly stolen about $450,000 from a crypto trader in Hong Kong.
дальше »2021-1-19 13:21
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China and Hong Kong Prepare for Cross-border Digital Yuan Testing
China’s central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well. дальше »
2020-12-7 18:00
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China Construction Bank to Launch $3B in Bonds Using Blockchain
The state-owned China Construction Bank (CCB) is preparing to become the first Chinese bank to issue bonds using blockchain technology. The bank has partnered with Hong Kong’s Fusang Exchange to launch the sale of $3 billion worth of debt represented by blockchain tokens. дальше »
2020-11-12 17:53
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