Hong Kong has expressed its desire to become the world’s leading crypto hub as the industry reels from the fallout of the collapsed crypto exchange FTX. Hong Kong’s financial secretary since 2017, Pau...
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Hong Kong set to enforce crypto regulation from June
Hong Kong’s Financial Secretary Paul Chan said that the government has completed its crypto regulation framework, which will come into effect in June 2023. Speaking at the POW’ER Web3 Summit on Jan. 9...
Hong Kong set to issue tokenized green bonds, details inside
Hong Kong is still committed to becoming a crypto hub, despite the recent market events. The government will soon issue tokenized green bonds to institutional investors. Hong Kong’s vision to establis...
Hong Kong wants to become crypto hub despite industry crisis
The government of Hong Kong remains committed to the development of cryptocurrency infrastructure despite the ongoing industry crisis triggered by the FTX collapse. According to Hong Kong’s financial ...
Technology Companies Throng to Set Up Headquarters in Hong Kong
Paul Chan Mo-po announced that the technology companies have been contacting the government to set up their headquarters in Hong Kong. A number of pilot activities are organized by the government to t...
Hong Kong administration to offer tokenized green bonds for Institutional Investors
According to local media in Hong Kong, the government intends to sell tokenized green bonds to institutional investors. The future plans for technology, digital assets, and the economy were discussed ...
Institutions Can Subscribe to Tokenized Green Bonds in Hong Kong
Hong Kong’s Financial Secretary Chen Maobo said that the government would issue tokenized green bonds for institutional investors. It is also working on some aspects of a regulatory framework. Local m...
Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi
Hong Kong authorities are looking for new designs for a central bank digital currency (CDBC), now proposing to issue a CBDC in the form of a stablecoin backed by the government. Wu Jiezhuang, a member...
Hong Kong lawmaker wants CBDC with Defi features
Wu Jiezhuang, a Hong Kong lawmaker, believes that making an e-HKD stablecoin would make adopting new Web3 technology easier. Wu Jiezhuang’s suggestions come on the heels of the Hong Kong Monetary Auth...
Grandson Of Hong Kong Property Giant Sun Hung Kai Cofounder Forges His Own Path As A Tech Investor
Joseph Fung knows full well that he was born with a silver spoon in his mouth. The 41-year-old is a grandson of legendary share trader Fung King Hey, one of the “Three Musketeers,” along with Lee Shau...
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
Financial services providers in Hong Kong are already taking the first steps to provide services to retail investors, according to local reports. Brokers and fund managers in the region have reportedl...
Chinese Stocks in Hong Kong Post Best Start to a Year Since 2018
(Bloomberg) — Chinese equities overcame an early bout of volatility to advance on the first day of the new year as optimism grew that Covid infections may have peaked in some parts of the nation...
Hong Kong brokers prepare ground to trade digital assets
Financial services companies in Hong Kong are moving quickly to establish the basis for their retail clients to be allowed to trade digital assets in the upcoming months. Brokers and fund managers pre...
Conflux Network Ventures Into Hong Kong’s Friendly Market
Advertisement     The Hong Kong government asked Conflux Network co-founder and doctor Ming Wu to speak about the network’s potential role in the future of technologic...
Europe Stock Futures Fall, Hong Kong Shares Rally: Markets Wrap
(Bloomberg) — European equity futures fell alongside benchmarks in Asia, while global bonds extended losses as traders look to close out a dismal year. Hong Kong was an exception as it reopened ...
Fintech Firm Backed By Hong Kong Billionaire Richard Li Raises $22 Million In Funding Round Led By PCCW
Richard Li, chairman and chief executive officer of Pacific Century Group, speaks during the Hong … [+] Kong Fintech Week in Hong Kong, China, on Monday, Nov. 1, 2022. The conference runs throug...
Hong Kong Based Crypto Exchange Executives Got Arrested: Report
Hong Kong police reportedly took actions in the case related to crypto exchange Atom Asset Exchange (AAX). Two executives of the exchange were arrested under the allegations of fraud and misleading. I...
Hong Kong Officials Arrest Two Key Executives of AAX Exchange
Exchange News Police detained Liang Haoming, CEO of Weigao Capital. Two million users have had no access to their account balances since November. According to local media, the Hong Kong police have d...
Everything about Hong Kong-based exchange AAX and the red flags around it
Hong Kong police arrested two individuals related to local crypto exchange AAX The arrest comes more than a month after the exchange suspended withdrawals citing system maintenance Two executives of t...
2 executives of crypto exchange AAX arrested in Hong Kong: Report
Hong Kong police arrested two executives of the crypto exchange AAX accused of fraud and misleading the police, according to local media reports. Weigao Capital CEO Liang Haoming and former AAX CEO T...
Two suspects arrested in Hong Kong for AAX fraud
Local sources reported that two men who were involved with the AAX investigation were arrested in Hong Kong on Dec. 23. According to local law enforcement, the individuals were arrested for suspicions...
BioNTech MRNA Vaccine Approved In Hong Kong, Week In Review
Week in Review Asian equities started the week lower as the Bank of Japan unexpectedly raised its yield ceiling on government bonds, but gained some ground later in the week as Hong Kong outperformed....
Hong Kong Accelerates Web3 Push Attracting Startups
A Hong Kong-based start-up accelerator will offer assistance to 1,000 web3 start-ups to bring business to the region. Hong Kong is attempting to reclaim its crypto hub status by achieving the target i...
Hong Kong accelerator looking to help 1,000 web3 startups in next 3 years
A start-up accelerator co-founded by Legislative Council of Hong Kong member Johnny Ng Kit-chong is looking to help 1,000 web3 startups set up shop in the city within the next three years. G-Roc...
Hong Kong Rally Enjoys The Silence
Key News Asian equity markets had a good day as Hong Kong outperformed while Mainland China and India were off. The nattering nabobs of negativity are so focused on COVID’s spread in China they ...
China closely watching Hong Kong’s crypto policies
Tron’s founder Justin Sun said on Wednesday that Chinese authorities are keeping an eye on Hong Kong’s efforts to establish the city as a leading Asian cryptocurrency hub as a policy test for the main...
Hong Kong Internet Stocks Ride Policy Tailwind As Covid-19 Weighs On Mainland Sentiment
China Last Night KraneShares Key News Asian equities had a rough Monday, less so India and Singapore as Lionel Messi turned the world into soccer fans (at least temporarily!) with Argentina’s thrillin...
Hong Kong’s BTC and Ether Future ETFs Demonstrate Their “Crypto Love”
13 seconds ago | 2 mins read Exchange News BTC and Ether futures collected $73.6 million even before the introduction. “When China loves crypto, the bull market will come back”, BitMEX Co-founder. Hon...