The announcement comes as Hong Kong works to brand itself as Asia's digital assets trading hub.
According to blockchain security experts, it might not be that easy to detect if a crypto website is fake, especially for new visitors.
All crypto exchanges and trading platforms that have failed to file for license applications with the regulator by Feb. 29 must wind up their business in Hong Kong by May 31.
The program intends to help local universities, research institutes and businesses use the AI Supercomputing Center’s computing capabilities.
Hong Kong's securities regulators says HBGL Hong Kong Limited withdrew its application for a license on February 23.
On Feb. 20, Huobi HK became the 18th crypto exchange to apply for a virtual asset trading platform license with the Hong Kong Securities and Futures Commission.
The two letters, each several pages long, mainly urge common sense and adherence to widely accepted standards.
The SFC has granted multiple licenses since the city opened doors to retail crypto trading last August.
Hester Peirce believes that if the SEC is “confident in its investigative work” and analysis, it doesn’t need to “demand silence on the part of settling defendants.”
The Secretary for Financial Services and the Treasury, Christopher Hui, wrote in a blog that unlicensed service providers must submit an application for licensing by Feb. 29.
The Financial Services and the Treasury Bureau will consult on over-the-counter venues like shops and online platforms following the outlets' role in crypto fraud cases.
The cryptocurrency exchange submitted its license application on Jan 31.
According to the PCPD, any personal data — including information from iris scans — controlled by Worldcoin “must be collected for a lawful purpose.”
Hong Kong's Securities and Futures Commission labeled Floki and its staking program a suspicious investment product.
The alleged “Ponzi” scheme once hired an actor residing in Thailand to act as its CEO when it launched in 2021, according to a newly filed SEC complaint.
Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.
The much-awaited approval of spot-bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) can give unprecedented momentum for similar regulatory approvals in and around Asia.
The Bank for International Settlements 2024 program features six new projects exploring the issues of cybersecurity, fighting financial crime, CBDCs and green finance.
At least 10 asset managers have been working to launch a spot Bitcoin ETF in Hong Kong amid Bitcoin ETF push in the United States.
Operator of licensed Hong Kong exchange says raise will promote compliant, innovative global growth.
We see a 98% chance of approval in the next couple of weeks and the high likelihood of a Bitcoin rally to follow.
While Chinese authorities continue prosecuting stablecoin use, Hong Kong is working on legalizing it.
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.
Hong Kong’s Securities and Futures Commission said cryptocurrency transactions conducted by ETFs must occur through SFC-licensed crypto platforms or authorized financial institutions.
The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.
According to the securities regulator, misleading information online could encourage individuals to invest in the HKD token issued by HongKongDAO.
A former journalist, Leung is the world's most powerful female financial regulator in an increasingly important center for crypto.
Hong Kong was once a hub for ICOs until regulators cracked down. Times have changed.
Hong Kong clients will be able to purchase Bitcoin and Ether in their personal accounts.