The fund aims to simplify institutional access to XRP for cross-border payments, crypto investing in Asia.
First Digital seeks an injunction to restrain Sun from publishing "similar words" to claims about insolvency.
Hong Kong’s Securities and Futures Commission (SFC) has unveiled new regulatory guidance allowing licensed Virtual Asset Trading Platforms (VATPs) and exchange-traded funds (ETFs) to offer staking services, according to an April 7 statement. Locking up tokens with staking to validate transactions in exchange for rewards is central to blockchain networks running on a proof-of-stake (PoS) […]
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Hong Kong's Securities and Futures Commission has given a green light for virtual asset trading platforms (VATPs) and authorized virtual asset funds to offer staking services.
Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the FDUSD stablecoin, are confirmed. In an April 3 post on X, Ng assured investors that the city’s crypto regulatory framework remains robust and committed to investor protection despite the recent high-profile […]
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Asset tokenization is a red-hot sector in crypto as asset managers around the globe are increasingly leveraging blockchain rails for traditional instruments like bonds and funds.
The company bought another 10 bitcoin, signaling confidence in crypto as a long-term asset strategy.
Consensus lands in Hong Kong for the first time Feb 18-20. Here are some highlights from a packed schedule of programming and special events.
Establishing the proper regulatory environment is essential; here’s what the territory needs to do.
Hong Kong's New Capital Investment Entrant Scheme, a visa targeting wealthy migrants, accepts crypto as a means to prove required net worth, a spokesperson confirms.
Devising clear rules for the industry is important, but it can also help to wait for others to move first, argues Chiu.
The securities regulator wants to hire staff for market surveillance and enforcement investigations.
Hong Kong is using tokenized legal notices to target anonymous crypto wallets containing stolen assets.
One step at a time. This could be the mantra of the Hong Kong-based crypto exchange firm HashKey as the company strives to broaden its reach across the world. HashKey might be getting closer to expanding its global reach after the company secured a provisional license to provide crypto brokerage services in Dubai. Related Reading: […]
The initiative will initially focus on tokenized deposits with the HKMA providing support to local banks for trials.
A venture capitalist who was one of the first investors in Solana says building liquidity is now key to Hong Kong’s development as a crypto hub.
Politicians in Germany and Hong Kong have signaled their interest in adopting strategic Bitcoin reserves for their nations.
The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong. Notably, while mainland China maintains its strict ban on cryptocurrency trading and mining, Hong Kong continues to diverge by actively […]
A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to add Bitcoin to its national reserve for financial stability.
Hong Kong lawmaker Wu Jie has urged the city-state’s government to consider integrating Bitcoin into its fiscal reserves, a local media outlet reported. The report showed that Wu proposed that the Hong Kong Special Administrative Region (SAR) explore the inclusion of cryptocurrencies in its fiscal reserves and leverage foreign exchange funds to acquire and hold […]
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The bill includes licensing requirements for stablecoin issuers, offering and marketing restrictions and broader consumer protections.
A composite index by ApeX Protocol ranked the most blockchain-friendly regions based on patents, jobs, and crypto exchanges.
A recent Bloomberg report has revealed that in 2024, Singapore was able to solidify its position as a leading digital asset hub in Asia, surpassing Hong Kong in “regulatory efficiency and appeal” to crypto firms. Particularly, the city-state issued 13 crypto licenses this year, more than double the number granted in 2023. Prominent global players […]
The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed.
Hong Kong’s Securities and Futures Commission (SFC) has issued licenses to four virtual asset trading platforms (VATPs), marking another step in its fast-tracked regulatory framework, according to a Dec. 18 statement. The licensed platforms include Accumulus GBA Technology Ltd, DFX Labs Company Ltd, Hong Kong Digital Asset EX Limited, and Thousand Whales Technology (BVI) Ltd. […]
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The Hong Kong government has reaffirmed its intention to adopt a global crypto tax reporting framework by 2028, according to a recent statement. This decision followed recent discussions with the Organization for Economic Cooperation and Development (OECD) Global Forum on Transparency and Exchange of Tax Information. The framework, introduced in June 2023, expands the existing […]
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"Hong Kong’s 'one country, two systems' framework lets it explore digital asset innovation more freely," Ivan Ivanov told Cointelegraph.
Hong Kong seems to be intensifying its efforts to establish itself as a global cryptocurrency hub. In a recent announcement, it pledged to “streamline” the licensing process for crypto trading platforms. The announcement comes as the region faces mounting competition from other jurisdictions racing for a share of the digital asset industry. The move is […]
Hong Kong lawmaker Johnny Ng has questioned whether the city’s government is considering Bitcoin as part of its investment strategy. He raised these views in a Dec. 11 statement, highlighting the growing global recognition of Bitcoin and its decentralized nature despite its inherent risks. The Bitcoin reserve question Ng questioned if the Hong Kong government […]
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The companies indicated plans to expand their partnership to the United Kingdom and other European countries in the coming months.