Justin Sun is strengthening ties between Tether and Hong Kong. The Securities and Futures Commission of Hong Kong hired four more personnel. Sun revealed his aim to involve Huobi and Tron staff in Hon...
Tag: Kong
Hong Kong investment manager loses $1.5M inheritance in crypto scam
A 63-year-old Hong Kong investment manager has lost $1.5 million in family inheritance after being lured by a supposed female crypto investing expert into investing his money into a scam crypto tradin...
Justin Sun strengthens ties to Tether and Hong Kong
Tron founder and Poloniex investor Justin Sun is continuing to pad his colorful crypto industry resume, this time turning his attention to once-giant Chinese crypto exchange, Huobi. The exchange recen...
Baidu’s Ernie Bot Powers Hong Kong Rise
China Last Night KraneShares Key News Asian equities were mixed as North Asia (Japan, South Korea, Taiwan, China & Hong Kong) posted gains while South Asia (India, Singapore, Indonesia, Malaysia, ...
Hong Kong securities regulator adds crypto personnel for industry supervision
Regulators in Hong Kong are stepping up their game when it comes to monitoring the activities of the crypto industry. According to a Securities and Futures Commission report filed on Feb. 6, it plans...
Disney Drops ‘Simpsons’ Episode In Hong Kong Alluding To ‘Forced Labor’ In China
Topline Disney took down a Simpsons episode poking fun at Chinese human rights abuses from its Disney+ streaming service in Hong Kong, according to several reports Monday, as the entertainment giant a...
WOW Summit Hong Kong 2023 to Be the Flagship Web3 Event in APAC
After successful editions in Dubai, UAE, and Lisbon, Portugal, WOW Summit Hong Kong will become a flagship full-scale Web3 event in the APAC region in 2023, along with General Partner OKX. The confere...
Binance Trains With Hong Kong Police To Combat Cybercrime
Binance has teamed up with Hong Kong police to fight cybercrime. Cyber Security and Technology Crime Bureau began a training session on January 30. Binance Holdings Ltd. bought a controlling share in ...
Hong Kong to give away half a million air tickets to boost tourism
Hong Kong’s new global promotional campaign will “kickstart” the city’s reopening to international travelers, the Hong Kong Tourism Board told CNBC’s “Squawk Box As...
Hong Kong Pursues Its Goal to Revive the Crypto Sector
Hong Kong remains steadfast in its pursuit of becoming Asia’s digital-asset hub despite the catastrophic fallout from the collapsed crypto exchange FTX. In a new report by Bloomberg, the city said tha...
Hong Kong to Demand Stablecoin Licensing in Early 2023
Hong Kong is going to request the necessary licensing for stablecoin providers. Bodies carrying on regulated activity in Hong Kong will have to get a license to carry out stablecoin services. Big eco...
Hong Kong Plans to Make Stablecoin Licensing Mandatory This Year
The Hong Kong regulator HKNA noted that algorithmic stablecoins like TerraUSD won’t be entertained as part of the region’s new stablecoin legislation. Over the last few months, Hong Kong has been work...
Hong Kong regulators push for stablecoin guidelines
Regulators in Hong Kong are looking to establish guiding principles for stablecoins before the end of 2023. The news is the latest in a series of crypto-focused regulations from Hong Kong as the city ...
Stablecoins face uncertain future in Hong Kong as new regulation reveals…
The Hong Kong Monetary Authority has concluded its discussion paper on crypto-assets and stablecoins. The regulator has clarified that Hong Kong will not permit algorithmic stablecoins. The Hong Kong...
Hong Kong will not tolerate algorithmic stablecoins in new regulation
In the key principles of its upcoming regulatory framework, the Hong Kong Monetary Authority (HKMA) didn’t find a place for algorithmic stablecoins. Instead, the chief financial regulator will demand ...
Hong Kong Plans to Regain Crypto Lead in Southeast Asia
Hong Kong remains committed to becoming a global cryptocurrency hub in spite of the challenges posed by markets and rivals. Hong Kong officially unveiled its new approach to cryptocurrencies during it...
Justin Sun says he is moving to Hong Kong, warns community about being ‘too US-centric’
Tron (TRX) founder Justin Sun said he is moving to Hong Kong because the Chinese crypto market is rising in a Jan. 29 Twitter thread. Sun added that experts have predicted that the Asian country would...
Tourism & EVs Fuel Optimism In Hong Kong, Mainland Closed Until Monday
China Last Night KraneShares Key News Asian equities were mostly higher overnight as Hong Kong opened higher following a three-day holiday in celebration of Lunar New Year while Mainland China will re...
Hong Kong Internet Stocks Shout Gong Hei Fat Choy, Week In Review
China Last Night KraneShares Week in Review China released 2022 economic data this week. GDP grew by +3.0% while retail sales declined by -0.2%, less than expected. Chewy founder Ryan Cohen announced ...
Billionaire Jack Ma Reportedly Visits Hong Kong As Regulatory Pressure Eases In Mainland China
Alibaba Group cofounder Jack Ma. AP Photo/Firdia Lisnawati Jack Ma, the cofounder of Chinese e-commerce giant Alibaba, is now in Hong Kong to meet friends and finance executives, the Hong Kong Economi...
Hong Kong exchange Bitzlato seized; founder arrested
Anatoly Legkodymov, the founder of Hong Kong-registered crypto exchange Bitzlato, was arrested in Miami on Wednesday and charged with allegedly running an unregistered money-transmitting business that...
Hong Kong Based HashKey Capital Raises $500 Million For Third Crypto Fund
– Advertisement – HashKey Capital has concluded a $500 million funding round for its third crypto fund. The Hong Kong-based firm plans to invest in crypto and blockchain ventures around t...
Hong Kong investment fund raises $500M to push mass adoption in Web3
Despite the ongoing crypto winter, which has affected many businesses in the greater Web3 space, investments continue pouring into the space. On Jan. 17, Hong Kong-based global asset manager HashKey C...
Hong Kong Luxury Watch Seller Raises $8 Million From Gobi Partners, Kuok Meng Xiong’s K3 Ventures
Wristcheck cofounders Austen Chu and Sean Wong. Courtesy of Wristcheck Wristcheck, a Hong Kong-based luxury watch consignment retailer, raised $8 million in a seed funding round led by Gobi Partners G...
Hong Kong Regulator To Allow Only Approved Crypto Tokens
Bitcoin News Hong Kong’s SFC is compiling a list of crypto assets. Whitelisted cryptocurrencies are those with substantial liquidity and considered safe. With a slew of new digital asset rules slated ...
Samsung Bitcoin ETF Goes Live in Hong Kong ⋆ ZyCrypto
Advertisement     South Korean electronics giant, Samsung, will launch a Bitcoin Exchange-Traded Fund (ETF), opening up the possibility for exposure to Bitcoin in one ...
Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong – Finance Bitcoin News
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide econom...
Samsung Sets Up Bitcoin Futures ETFs in the Hong Kong Markets
Hong Kong becoming “Asia’s Crypto Gateway” is anticipated. Samsung acknowledges Hong Kong as the first Asian market to list Bitcoin futures ETFs in the institutional market. Hong Kong advances toward ...
Samsung Investment Arm to Launch Bitcoin Futures ETF in Hong Kong
When the ETF goes live, it will offer diversification and a means for investors to meet their demands. Samsung Asset Management, the investment arm of the financial services giant, has announced its p...