Hong Kong stablecoin FDUSD expands to Solana

Hong Kong-based stablecoin issuer First Digital Trust said Thursday it is expanding its FDUSD token to the Solana network. First Digital USD (FDUSD), the fourth largest stablecoin by market capitalization issued by Hong Kong-based firm First Digital Trust, is coming… дальше »

2024-10-30 15:54

345 +

As Hong Kong Firms Downsize, Animoca Built a Workspace the Size of 10 Tennis Courts

As law firms and traditional finance companies cut back on office space, Yat Siu's Animoca is taking advantage of the renter’s market to expand its headquarters, reinforcing its commitment to Hong Kong as a global Web3 and digital culture hub. дальше »

2024-10-30 05:43

200 +

Hong Kong announces crypto tax breaks, AI policies to boost finance sector

Hong Kong unveiled plans for crypto and AI initiatives to modernise its financial services industry. дальше »

2024-10-29 16:39

280 +

HKMA teams up with Thailand, Brazil central banks on cross-border tokenization pilots

Hong Kong Monetary Authority has partnered with the Bank of Thailand and Banco Central do Brasil to advance cross-border tokenization projects under collaborative initiatives. Hong Kong‘s financial watchdog, the Hong Kong Monetary Authority, has partnered with the central banks of… дальше »

2024-10-28 12:36

376 +

Hong Kong considers tax break on crypto investments and using AI for finance

Hong Kong regulators are considering an extension on tax breaks to include digital assets like crypto and the use of artificial intelligence-technology in finance sectors. According to an Oct. 28 Bloomberg report, Hong Kong’s Secretary for Financial Services and the… дальше »

2024-10-28 10:30

435 +

Hong Kong issues dual-track policy for AI adoption in finance

Hong Kong’s FSTB has unveiled a balanced AI policy approach for finance while the SFC preps new crypto OTC regulations.

2024-10-28 09:45

381 +

Valhalla Announces Partnership with Hong Kong International Cricket Sixes

Valhalla, a blockchain-based MMORPG that offers players the chance to discover, tame, and battle with creatures called Veras, has announced a new partnership with Hong Kong International Cricket Sixes. дальше »

2024-10-26 23:31

402 +

Valhalla Partners with Hong Kong International Cricket Sixes for a Thrilling Comeback

Miami, Florida, 25th October 2024, Chainwire

The post Valhalla Partners with Hong Kong International Cricket Sixes for a Thrilling Comeback appeared first on CoinJournal.

2024-10-26 18:29

315 +

Hong Kong targets global fintech leadership with new virtual asset strategies

Hong Kong is sharpening its focus on virtual asset trading and digital financial systems, local media reported on Oct. 23, citing Financial Secretary for Services and the Treasury Christopher Hui. дальше »

2024-10-24 22:36

352 +

Hong Kong’s HashKey postpones HSK token launch due to ‘temporary market downturn’

Hong Kong’s biggest licensed crypto exchange operator, HashKey, has postponed the launch of its HSK token, citing the need to wait “for more favorable market conditions.” HashKey Group, which operates the Hong Kong-based crypto exchange, is postponing the launch of… дальше »

2024-10-16 12:59

390 +

Hong Kong Police Bust Group Running $46M Crypto Investment Scam Using Deepfakes

A total of 27 people between the ages of 21 and 34 were taken into custody suspected of conspiracy to defraud following a raid on a Hong Kong office. дальше »

2024-10-18 12:57

312 +

Hong Kong police arrest 27 in $46m deepfake crypto romance scam

Hong Kong police have dismantled a deepfake romance scam that swindled men out of $46 million through fake cryptocurrency investments. According to a local report, law enforcement in Hong Kong cracked down on a multinational crypto romance scam, which targeted… дальше »

2024-10-15 10:40

349 +

Hong Kong gears up to approve more crypto exchanges in 2024

Hong Kong aims to approve additional crypto exchange licenses by year-end, strengthening its regulatory framework. This move positions Hong Kong as a leading crypto hub in Asia, potentially infThe post Hong Kong gears up to approve more crypto exchanges in 2024 appeared first on AMBCrypto. дальше »

2024-10-8 11:45

320 +

Hong Kong set to expand crypto licensing by year-end amid push to become digital asset hub

The Hong Kong Securities and Futures Commission (SFC) is reportedly set to issue more licenses to crypto businesses by the year’s end, local news outlet Hong Kong 01 reported on Oct. 7. This follows the recent approval of HKVAX as the third licensed crypto exchange in the city. дальше »

2024-10-7 20:58

388 +

Hong Kong to implement European standards for crypto OTC derivatives reporting

Hong Kong plans to implement European-style reporting rules for OTC crypto derivatives, including the use of DTIs, by 2025. дальше »

2024-9-28 15:59

374 +

Hong Kong crafts crypto OTC derivative rules in accordance with European standards

Hong Kong financial regulators set requirements for crypto over-the-counter derivatives following the European Securities and Markets Authority standards, including the use of Digital Token Identifiers. дальше »

2024-9-28 14:30

301 +

Hong Kong looks to become global OTC crypto center with new EU style reporting

Hong Kong’s financial regulators have announced plans to harmonize the city’s over-the-counter (OTC) derivatives reporting regime, including crypto derivatives, with international standards. дальше »

2024-9-27 11:58

422 +

Hong Kong’s e-HKD project expands into tokenization, programmability

The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective.

2024-9-24 23:02

510 +

Hong Kong to launch AI regulations for financial markets in push for web3 leadership

As Hong Kong prepares to regulate AI in finance, it continues its efforts to position itself as a global leader in the rapidly growing Web3 and crypto markets. дальше »

2024-9-17 16:03

457 +

Hong Kong’s financial regulator weighs new licensing rules for OTC crypto firms

Hong Kong's financial regulator discusses new licensing plans for OTC crypto services, collaborating with industry players. дальше »

2024-9-14 16:44

348 +

Hong Kong’s stablecoin issuer IDA raises $6m in round led by CMCC Global and Hashed

Hong Kong-based firm IDA has secured $6 million in seed funding to accelerate the launch of its first fiat-referenced stablecoin. IDA, a Hong Kong-based digital asset company, has raised $6 million in seed funding led by CMCC Global’s Titan Fund… дальше »

2024-9-2 11:57

375 +

HashKey adds AVA and LINK trading for Hong Kong retail investors

Previously, Hong Kong crypto buyers worth less than $1 million only had Bitcoin and Ether to choose from.

2024-8-29 23:09

369 +

Hong Kong’s Project Ensemble Sandbox explores future of tokenized finance

The Hong Kong Monetary Authority (HKMA) has introduced the Project Ensemble Sandbox, an initiative designed to test tokenization use cases across various asset classes and real-world financial applications, according to an Aug. дальше »

2024-8-29 19:45

326 +

Hong Kong Web3 festival set for its third edition from April 6 to 9, 2025

The third edition of Hong Kong Web3 Festival, one of the largest and most successful crypto events in Asia, will return in 2025 from April 6 to 9 at 5BCDE, Hong Kong Convention and Exhibition Center (HKCEC). дальше »

2024-8-28 18:31

671 +

Hong Kong Regulator Finds 'Unsatisfactory Practices' at Some Crypto Entities Seeking Full License: Report

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 familiar with the situation. дальше »

2024-8-26 10:06

363 +

Hong Kong regulator may revoke licenses for some crypto exchanges over security flaws

The SFC is tightening scrutiny on crypto exchanges in Hong Kong, with some platforms facing potential license rejections due to security issues. дальше »

2024-8-22 20:40

415 +

Hong Kong targets noncompliant crypto exchanges in licensing push

Hong Kong's SFC finds deficiencies in some "deemed-to-be-licensed" crypto exchanges, risking their licensing status amid tightened regulations. дальше »

2024-8-22 15:25

426 +

Hong Kong’s crypto ambitions tested by licensing issues: report

Hong Kong’s crypto hub ambitions face hurdles as more than a dozen exchanges struggle to secure full licenses due to regulatory concerns. Cryptocurrency exchanges in Hong Kong seem to be grappling with challenges in securing full licenses as the city… дальше »

2024-8-22 09:25

591 +

Web3 challenges lead Hong Kong official to push for virtual bank expansion

Hong Kong legislator Johnny Ng has called for an expansion of virtual bank services to address hurdles faced by web3 startups in the region. Hong Kong should embrace a more crypto-friendly approach by expanding virtual banking services as web3 startups… дальше »

2024-8-10 16:48

316 +

Hong Kong busts $190m crypto money laundering ring: report

Hong Kong customs dismantled a sophisticated money-laundering syndicate that processed over $190 million through crypto transactions and over 200 bank accounts. Hong Kong customs authorities have cracked down on a money-laundering operation that funneled HK$1.5 billion (around $192 million) in… дальше »

2024-8-9 15:05

1584 +

Bitcoin And Ethereum Now Tradable On Hong Kong’s Largest Online Broker—Details

In recent times, Hong Kong has been continuously making it to the headlines in the crypto space for several reasons. One of the reasons as of today is that Futu Securities International, the largest online broker in Hong Kong introduced retail cryptocurrency–Bitcoin and Ethereum–trading to its platform. дальше »

2024-8-2 06:30

375 +

Hong Kong’s ‘reverse Bitcoin futures’ may trigger volatility, warns Bitfinex head of derivatives

Hong Kong's new inverse Bitcoin futures could increase market volatility, attract diverse investors, and solidify its role in crypto innovation. The post Hong Kong’s ‘reverse Bitcoin futures’ may trigger volatility, warns Bitfinex head of derivatives appeared first on Crypto Briefing. дальше »

2024-7-24 20:29

358 +

HKX joins growing list of crypto exchanges exiting Hong Kong

HKX to cease operations in Hong Kong due to regulatory compliance issues. Thirteen crypto exchanges have had their license applications withdrawn or rejected in Hong Kong. Another exchange, Gate. дальше »

2024-7-23 11:01

354 +

HKX joins list of crypto exchanges to quit Hong Kong market

HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues. дальше »

2024-7-22 10:15

453 +

SoMon Becomes Fastest-Growing Web3 Social App with 300,000 Transactions in Two Weeks

Hong Kong, Hong Kong, 22nd July 2024, Chainwire

The post SoMon Becomes Fastest-Growing Web3 Social App with 300,000 Transactions in Two Weeks appeared first on CoinJournal.

2024-7-22 08:41

353 +

SoMon Becomes Fastest-Growing Web3 Social App with 300,000 Transactions in Two Weeks

Hong Kong, Hong Kong, 22nd July 2024, Chainwire

The post SoMon Becomes Fastest-Growing Web3 Social App with 300,000 Transactions in Two Weeks appeared first on CaptainAltcoin.

2024-7-22 06:41

270 +

Hong Kong’s ZA Bank allowed to hold reserve assets for stablecoin issuers

ZA Bank leads the charge in Hong Kong’s stablecoin market with innovative banking services for issuers. дальше »

2024-7-19 15:14

355 +

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)… дальше »

2024-7-18 16:33

366 +

Hong Kong flags 7 unregulated crypto exchanges for noncompliance

The Hong Kong Securities and Futures Commission added seven crypto trading platforms to its alert list for operating without licenses, raising concerns over investor safety. дальше »

2024-7-16 13:06

234 +

Kidnappers arrested after demanding a $660,000 USDT ransom

Two Hong Kong kidnappers demanded a stablecoin ransom before getting arrested, highlighting concerns over crypto-related crimes and safety. The interesting and jarring kidnapping took place in Tseung Kwan O, Hong Kong, and saw criminals demanding a cryptocurrency ransom for a… дальше »

2024-7-5 19:37

304 +

Regulatory Reboot: Hong Kong to Adjust Crypto Laws in Response to Lawmaker’s Inquiry

Hong Kong’s financial regulators are taking a measured approach to cryptocurrency regulations, responding with a constant change to market developments. Christopher Hui, the Treasury chief, recently emphasized the government’s strategy of continuously monitoring and adapting crypto-related rules to match the evolving industry. дальше »

2024-7-4 10:00

451 +

Animoca Plans Public Listing in Hong Kong or Middle East by 2025: Report

Сообщение Animoca Plans Public Listing in Hong Kong or Middle East by 2025: Report появились сначала на Coinstelegram.

2024-6-28 17:22

178 +

NFT investor Animoca Brands eyes going public in 2025: report

Hong Kong-based blockchain investment firm Animoca Brands is reportedly eyeing a public listing in Hong Kong or the Middle East next year. Animoca Brands, a blockchain software and investment firm, is reportedly considering an IPO in Hong Kong or the… дальше »

2024-6-27 10:22

373 +

Hong Kong invites global opinions on future of Web3 and digital assets

The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal and regulatory frameworks. дальше »

2024-6-24 15:35

331 +

Hong Kong invites global opinions on web3 and virtual assets future

The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal, and regulatory frameworks. дальше »

2024-6-23 15:35

355 +

Ethereum Staking Could Be A Reality In Hong Kong’s ETFs Soon, Expert Reveals

According to insights from industry leaders, Hong Kong is poised to make significant advancements in the cryptocurrency sector by potentially introducing staking options for spot Ethereum exchange-traded funds (ETFs) within the year. дальше »

2024-6-8 04:00

371 +

Hong Kong’s HKMA warns public of unregulated ‘Kucoin’ crypto exchange

Hong Kong has issued a warning about an unregulated crypto exchange named “Kucoin,” which reportedly demands payments to recover money from frozen accounts. The Hong Kong Monetary Authority (HKMA) has alerted the public to an allegedly fraudulent activity conducted via… дальше »

2024-6-8 17:54

396 +

Hong Kong gets ready to shut down all unlicensed crypto exchanges

Crypto exchanges are leaving Hong Kong. Will this undermine the region’s aspirations to become an international crypto hub? Hong Kong authorities said that all cryptocurrency exchanges that have not applied for an operating license with the Securities and Futures Commission… дальше »

2024-6-5 13:26

419 +

Major Milestone: Hong Kong Regulator Approves 11 Crypto Exchanges To Operate In The City

The Hong Kong Securities and Futures Commission (SFC) has recently granted initial approval to 11 cryptocurrency exchanges to continue operating in the city.   This marks the first step towards issuing virtual asset trading platform (VATP) licenses since 2022. дальше »

2024-6-4 04:00

308 +

Hong Kong crypto exchange license applications cost less than expected

All unlicensed crypto exchanges have been kicked out of Hong Kong.

2024-6-3 18:32

645 +