The FSTB and SFC concluded consultations on virtual regimes and plan to introduce new bill to LegCo next year.
The HashKey Fintech Multi-Strategy Fund IV aims will invest in blockchain infrastructure and applications with real-world use cases.
Public consultation on the proposal will occur from February to April 2025, with legislative submissions expected later that year.
Investors questioned whether Hong Kong’s dominant licensed exchange can turn surging volumes and regulatory advantage into sustainable profits.
The Hong Kong-based fintech says demand for stablecoin-powered cards and cross-border payouts is accelerating as it scales payments beyond crypto trading.
HashKey's prospectus highlights surging institutional volume, expanding staking and tokenization pipelines and more than 1.44 million users, while losses and a US$5.2 million monthly burn rate loom over one of Asia’s largest regulated crypto bets.
Ultra-low fees kept monetization in the basis-point range, leaving revenue unable to offset steep losses despite surging Hong Kong trading volumes.
Sun accused FDT of exploiting gaps in Hong Kong’s trust company regime and urged regulators to act after a Dubai court froze assets linked to the alleged misappropriation.
The bonds mark Hong Kong's third digital bond sale since 2023 and are part of its push to become a leading global hub for tokenized assets.
Accredited investors in Hong Kong have access to the U.S. dollar, Luxembourg-registered, tokenized UCITS money-market product.
The case is the largest financial fraud in Hong Kong's history, with Interpol issuing red notices for three fugitives.
The pilot, part of Brazil's Drex initiative, used Chainlink's infrastructure to connect Brazil's Drex network with Hong Kong's Ensemble platform.
At FinTech Week, the Standard Chartered CEO said Hong Kong’s digital asset pilots, including HKD-backed stablecoins and tokenized deposits, could transform cross-border trade, as regulators unveiled new rules allowing shared order books for crypto exchanges.
While the filing doesn’t confirm a token launch, it shows Ant Group laying legal groundwork to merge its Alipay ecosystem with regulated Web3 and stablecoin infrastructure.
Hong Kong has approved the city’s first spot Solana ETF, a move that positions it once again at the front of regulated digital asset access in Asia. The product, launched by ChinaAMC, the Hong Kong arm of Chinese fund manager China Asset Management, begins trading on Oct. 27 across HKD, USD, and RMB counters on […]
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Hong Kong beats the U.S. to listing a Solana ETF, though J.P. Morgan expects inflows to be modest compared to its BTC and ETH counterparts.
China Financial will raise the capital through a new share subscription, issuing over 69 million new shares at a price of 1.25 Hong Kong dollars each.
The purchase brings DL's mining fleet to 5,195 machines, with a hashrate of 2.1 exahashes per second (EH/s).
The warning comes after AnchorX, a Hong Kong-based firm, announced a stablecoin called AxCNH, pegged to the offshore Chinese yuan.
Most currencies in the region are locked in by capital controls. Hong Kong's unique status as an autonomous part of China means its currency is available around the world.
At least two brokerages have been advised not to conduct any RWA business offshore, according to the report, citing sources familiar with the matte
A new collaboration between Chainlink Labs, UBS Asset Management, and DigiFT is aiming to overhaul how investment funds are created and managed. The three firms announced on Sept. 11 that they are building an automated framework for tokenized products under Hong Kong’s Cyberport program. The Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme is a […]
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DigiFT, Chainlink and UBS won approval under Hong Kong’s Cyberport subsidiy scheme to build automated infrastructure for tokenized financial products.
The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets
HashKey said it will build a diversified portfolio of digital asset treasury projects, with an initial focus on bitcoin and ether.
Yunfeng joins companies including SharpLink Gaming and Bitmine Immersion Technologies that have begun pursuing an ether treasury strategy in recent months.
President Donald Trump's son said he would love for his father and China's President Xi Jinping to talk about bitcoin at a coming meeting.
Eric Trump says he’s a “bitcoin maxi” and sees BTC hitting $175K this year, as reports point to new ventures in Japan and Hong Kong.
A regulatory review earlier this year found weaknesses in some exchanges’ cyber defenses, prompting the SFC to set new custody standards for licensed platforms.
IVD Medical’s ETH buy will serve as both the backbone of its ivd.xyz tokenization platform and a yield-generating treasury asset, powering settlements, stablecoin backing, and staking strategies.