sponsored The leading fiat-crypto payment gateway, Alchemy Pay, has revealed that it has joined forces with ZD Group, the parent company of Mouette Securities, a reputable global investment fund. With...
Tag: Hong
Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022 – Regulation Bitcoin News
According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million was lost. Although losses relating to crypto scams only constituted just ov...
Is Hong Kong On Its Way to Become China’s Crypto Hub?
1 A new Bloomberg report states that Beijing is supporting Hong Kong to transform it into a crypto hub. 2 Officials from the Liaison office of China were spotted in crypto events in the city. Accordin...
Hong Kong Suffers Surge in Crypto Scams in 2022
A large increase in the number of financial losses brought on by bitcoin scams has been seen in Hong Kong in the year 2022. According to reports from the local police, victims of cryptocurrency scams ...
Hong Kong’s losses to crypto scams doubled to $217M last year: Report
Some countries around the world suffered bigger financial losses to cryptocurrency scams despite a massive bear market in 2022. Losses from crypto scams in Hong Kong amounted to 1.7 billion Hong Kong ...
Ji Chang-Wook To Be Honored At Asian Film Awards In Hong Kong
South Korean actor Ji Chang-wook attends his fan meeting in Taiwan. (Photo by Visual China Group … [+] via Getty Images) Visual China Group via Getty Images South Korean actor Ji Chang-wook will...
Hong Kong citizens reject the digital yuan – Here is why – Cryptopolitan
The Chinese government’s project of central bank digital currency (CBDC), the “digital yuan,” has been met with low demand and disinterest from Hong Kong citizens. Low demand for digital yuan hard wal...
PMIs Smash Expectations Leading To A Three Standard Deviation Day In Hong Kong
China Last Night KraneShares Key News Asian equities were higher overnight with Hong Kong and Mainland China outperforming. Several Asian countries underperformed while South Korea was on holiday for ...
Justin Sun 100% confident Huobi will obtain Hong Kong VASP license
Ad Justin Sun says he is “100% confident” that Hong Kong’s Securities and Futures Commission (SFC) will grant Huobi a Virtual Asset Service Provider (VASP) license. A new licensing regime was enacted ...
Gate.io to Launch Crypto Exchange in Hong Kong Following Government’s $6.4M Investment in Web3
Following the announcement that the Hong Kong government intends to infuse 50 million Hong Kong dollars ($6.4 million) into Web3 as part of the city’s budget for the 2023-24 fiscal year, cryptoc...
NFTs dominate the space, Hong Kong set to embrace crypto, ex-FTX boss faces new charges
The crypto scene was abuzz with activity last week, with several noteworthy developments unfolding. One such trend was the dominance of NFTs. Meanwhile, Hong Kong has begun positioning itself as a lea...
Asian Crypto Giant HashKey Group Now Licensed to Start OTC Trading in Hong Kong
Yuri Molchan Major crypto financial services company in Asia has secured legal permission to begin OTC business in Hong Kong According to a press release from HashKey Group, this major company that pr...
Hong Kong Sets Aside HK$50 Million for Web3 Sector
Hong Kong’s authorities have committed to expanding their exposure to cryptocurrencies The SFC has proposed a six-week period to allow for the trading of digital assets in Hong Kong Authorities in Hon...
Existing Virtual Asset Operators Given Transitional Period To Comply With Proposed Legislation In Hong Kong ⋆ ZyCrypto
Advertisement     Effective June 1, 2023, all new Virtual Asset (VA) trading platforms conducting business or targeting investors in Hong Kong must be licensed and reg...
What’s Behind Hong Kong’s Approach To Crypto? Kaiko Dives In
Hong Kong’s Securities and Futures Commission (SFC) has taken a new approach to the crypto industry. This new way to regulate the nascent sector could benefit the crypto market and bring a new wave of...
HashKey Gets SFC’s Nod For OTC Trading In Hong Kong
HashKey Group has received approval from the Hong Kong SFC to conduct OTC trading. The firm will be able to carry out off-platform virtual asset trading business for Hash Blockchain. HashKey’s investm...
Hong Kong SFC Approves Crypto Trading License for HashKey
Crypto developments in Hong Kong are currently in full swing as the region seeks to become the crypto hub of Asia. Reportedly, Beijing has been supporting Hong Kong’s quest of penetrating the crypto m...
Hong Kong Billionaire Horst Julius Pudwill’s Fortune Drops After Short-Seller’s Attack
Horst Julius Pudwill, cofounder and chairman of Techtronic Industries. Jocelyn Tam for Forbes Asia Horst Julius Pudwill, the cofounder and chairman of Techtronic Industries, saw his net worth tumble m...
Web3 a ‘Golden Opportunity’ for Hong Kong: Finance Secretary
Hong Kong will form a task force bringing together policymakers, regulators, and crypto industry players to set the agenda for its Web3 ambitions, a senior government minister has said. As part of a b...
Gate.io Plans To Enter Hong Kong After Gov. Allocates $6.4 M
Gate Group, the parent company of the Gate.io crypto exchange, becomes the latest to apply for a license in Hong Kong. The firm joins Huobi Global, OKX, and Bitget, seeking approval in the regime due ...
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. On Feb. 22,...
Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3
Cryptocurrency exchange Gate.io is gearing up to launch a presence in Hong Kong following the local government’s planned 50 million Hong Kong dollar ($6.4 million) cash injection into Web3 under the c...
Cryptocurrency exchange Huobi Global is seeking a license in Hong Kong
The cryptocurrency exchange known as Huobi Global is now in the process of applying for a license in Hong Kong, which comes at a time when the Chinese special administrative region is mulling over pot...
Federated Learning Consortium (FLC) for Decentralized AI to Launch in Hong Kong, Led by Phoenix and APEX Technologies – Press release Bitcoin News
press release PRESS RELEASE. After over a year of preparation and restructuring, decentralized and privacy-enabled AI organization Federated Learning Consortium (FLC) is set to launch as a for-profit ...
Rising Freight Rates Put The Wind In The Sails Of Hong Kong Shipping Mogul Helmut Sohmen
This story appears in the February/March 2023 issue of Forbes Asia. Subscribe to Forbes Asia ss This story is part of Forbes’ coverage of Hong Kong’s Richest 2023. See the full list here. ss Hong Kong...
Hong Kong Power Tools Tycoon Horst Julius Pudwill’s Wealth Drops Amid U.S. Demand Concerns
This story appears in the February/March 2023 issue of Forbes Asia. Subscribe to Forbes Asia Jocelyn Tam for Forbes Asia This story is part of Forbes’ coverage of Hong Kong’s Richest 2023. See the ful...
Unfazed By A Weak Market, Hong Kong Property Tycoon Lee Shau Kee’s Henderson Land Bets On Future Growth
This story appears in the February/March 2023 issue of Forbes Asia. Subscribe to Forbes Asia From left: Martin Lee, Lee Shau Kee and Peter Lee. S.C. Leung/ZUMA Press/Newscom This story is part of Forb...
What has Hong Kong Bought now for Retail Investors?
Hong Kong said no to retail traders on June 1, let’s have a look at what the nation holds for the crypto community in that period. Leo Weese, co-founder of Bitcoin Association of Hong Kong, said that ...
China’s Capital Quietly Backs up Hong Kong’s Crypto Hub Ambitions
Join Our Telegram channel to stay up to date on breaking news coverage According to reports, the Chinese government subtly supports Hong Kong’s vision of becoming a cryptocurrency powerhouse. The supp...
Hong Kong’s Crypto Hub Aspirations Get Beijing’s Seal Of Approval ⋆ ZyCrypto
Advertisement     As Hong Kong considers throwing open crypto trading to retail investors, the Chinese government is reportedly subtly supporting the idea. This is eye...