The Securities & Futures Commission (SFC) takes inspiration from the Securities & Futures Ordinance with the difference that the SFC is dedicated to the operators of virtual assets. Hong Kong ...
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Beijing Indicates Support For Hong Kong’s Crypto Ambition, Report
The Chinese government is seemingly not against Hong Kong’s aspiration to become a crypto hub. This contradicts Beijing’s stance on matters regarding digital currencies in the mainland. Before now, Ho...
Hong Kong Govt to Allocate $50M to To Expedite Web3 Development
The Hong Kong government captured Web3 in its 2023/2024 budget. The government plans to allocate $50 million to expedite Web3 development. Hong Kong regulator initiated a consultation process for VASP...
Hong Kong describes a new crypto license system
Join Our Telegram channel to stay up to date on breaking news coverage The Securities and Futures Commission (SFC) of Hong Kong is seeking public input on its recently proposed licensing system for cr...
Beijing supports Hong Kong crypto ambitions
The news that Hong Kong may soon let retail players trade significant cryptocurrencies like bitcoin and ethereum was first reported on Feb. 20. Amid the changes, it is now being reported that Beijing ...
Huobi wants to move from Singapore to Hong Kong
In a recent interview with Nikkei Asia, Justin Sun revealed crypto exchange Huobi Global wants to move its Asia headquarters from Singapore to Hong Kong. Justin Sun: Huobi applied for a Hong Kong trad...
Huobi to Establish Crypto Exchange in Hong Kong, Applies for License, HT Token Is Up
Huobi saw its native token value surge on news that it had applied for a crypto trading license in Hong Kong. Huobi token (HT) has experienced an 18% surge following Huobi’s application for a crypto ...
China reportedly approves crypto usage in Hong Kong, details inside
China is reportedly onboard with Hong Kong’s recent push to embrace crypto. Representatives from mainland China are closely following and reporting on the crypto developments in the island city. The i...
Huobi’s Hong Kong Expansion and The Response of Justin Sun
Huobi Global is working hard to secure its crypto license in Hong Kong. The crypto exchange is aiming to be one of the first fully compliant exchanges in Hong Kong. Huobi Global, the world’s lea...
Chinese Government Approves of Hong Kong’s Crypto Plans: Bloomberg
Key Takeaways Hong Kong is gearing up to become a crypto hub. The Chinese government is giving subtle hints of approval towards the plan. Yesterday a Hong Kong regulatory body outlined conditions unde...
NEO Price surged 46%, Hong Kong set to make crypto trading legal
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Huobi Zeroes In On Hong Kong For Asia Expansion
The regulatory changes in Hong Kong have not deterred the Huobi crypto exchange from deciding to relocate its Asia headquarters from Singapore to Hong Kong. Huobi Shifts Asia Base At a recent Huobi e...
Huobi Plans To Shift HQ To Hong Kong Due To Positive Regulatory Move
On February 20, crypto exchange Huobi revealed its plans to shift Asia’s headquarters from Singapore to Hong Kong. This move comes after Hong Kong’s Securities and Future Trading Commission (SFC) prop...
Is Hong Kong (SAR) On its way to Become China’s Crypto Hub?
A new Bloomberg report states that Beijing is supporting Hong Kong to transform it into a crypto hub. Officials from the Liaison office of China were spotted in crypto events in the city. According to...
Hong Kong Outlines Plans to Let Investors Trade Digital Tokens
Hong Kong has made its intention clear. It wants to re-establish itself as the digital asset hub of Asia. The city has announced various plans to attract crypto firms and investors to its shores. Its ...
China Quietly Supporting Hong Kong’s Proposal to Allow Retail Bitcoin and Crypto Trading: Report
China appears to be quietly on board with Hong Kong’s potential move to allow retail trading of Bitcoin and crypto assets, according to a new report. Hong Kong’s Securities and Futures Commission (SFC...
Hong Kong Crypto Regulations Could Be Highly Restrictive
Hong Kong is planning to fully open its doors to crypto asset trading and investment. However, reading the fine print of its crypto regulations proposals reveals a lot of restrictions and hidden catch...
Hong Kong Plans To Become A Crypto Hub, Crypto Daily…
In Todays Headline TV CryptoDaily News: BitFuFu starts marketplace for crypto mining rig coupons. BitFuFu, a cloud mining company, has started a marketplace for discount coupons on the Antiminer brand...
Huobi Token gains 24% as the exchange says it will operate in Hong Kong
Huobi’s exchange token experienced significant gains on Feb. 21. Huobi Token (HT) saw a 23.7% increase in value over 24 hours. At 1:20 a.m. UTC, the cryptocurrency was priced at $6.33, its highe...
Hong Kong’s Crypto Push Could Have China’s Backing: Reports
Is China experimenting with crypto in its backyard – Hong Kong? Over the last few months, the city has made some decisive moves to have a clear regulatory environment for crypto businesses in its juri...
Hong Kong Could Spark Bitcoin And Crypto Bull Market
The establishment of Hong Kong as a crypto hub is a development that could have the potential to trigger a new Bitcoin bull market. As Bitcoinist reported, crypto exchanges in Hong Kong can obtain a V...
Huobi seeking Hong Kong license to launch local exchange
Huobi is taking steps to gain approval from Hong Kong regulators to operate in the city, and also establish a local subsidiary that will cater to institutional investors. Huobi looking to service Hong...
Hong Kong Releases Consultation Paper as It Is Ready to Allow Trading of Large Crypto Coins
The introduction of the consultation paper, which is open until March 31, is the next major show of good faith for the regulator, and industry experts are keeping a close eye on the events moving forw...
Hong Kong Mulls Reopening Crypto Trading for Retail Investors
Hong Kong looks ready to invite retail traders back to the crypto casino. In a new consultation paper, the Securities and Futures Commission of Hong Kong (SFC) proposed “to allow all types of in...
Huobi Token (HT) up 18% as Huobi Goes for Crypto Trading License in Hong Kong
Gamza Khanzadaev Huobi Token (HT) soars as Justin Sun announces launch of Huobi Hong Kong, but only after license is achieved Huobi Token, HT, is up 18% amid a high-profile announcement from general a...
Hong Kong SFC Begins Consultation Over Crypto Trading Regulation
Virtual assets trading platforms operating in Hong Kong must be licensed from June 1, 2023. SFC has launched a consultation allowing operators to contribute to the regulatory framework. All contributi...
Huobi Global Applies For Crypto Trading License in Hong Kong
6 hours ago | 2 mins read Exchange News Huobi Global is also trying to establish a local exchange in Hong Kong. Justin Sun-led exchange wants to be the go-to place for Asian investors. Market particip...
Huobi Global Plans to Launch Local Exchange in Hong Kong
As Hong Kong regulators seek to re-establish the region as the crypto hub of Asia, market players are now making a move. In the latest development, Justin Sun’s Huobi Global announced that it has appl...
HT Surges 16% Amid Huobi’s Plans to Secure Crypto License in Hong Kong
The native token of the crypto exchange Huobi Global – HT – spiked around 16% after Justin Sun outlined the company’s intentions to obtain a trading license in Hong Kong. If secured, the authorizatio...
Hong Kong’s SFC Intends Rules for Crypto Trading Platforms
4 hours ago | 2 mins read Bitcoin News Stablecoin regulation will begin in Hong Kong in June of this year. SFC recommends operators create a compensation mechanism that it must approve to offset risks...
Hong Kong To Allow Retail Investors Trade Larger Licensed Crypto Asse
Regulators are still keen on their respective aims towards the cryptocurrency industry. As a part of its goal of becoming a crypto hub, Hong Kong’s Securities and Futures Commission earlier today reve...