Samsung investment arm’s subsidiary – Samsung Asset Management Hong Kong (SAMHK) – outlined plans to list Samsung Bitcoin Futures Active ETF on the Hong Kong stock market starting January 13. Accordin...
Tag: Kong
Hong Kong to Limit Retail Investors’ Crypto Trading Assets
The crypto market, as most people know, can bring quick profits, but also cause steep losses in a short time. Entities and companies trying to adopt this technology know this and because of that, they...
Samsung will launch Bitcoin Futures ETF on Hong Kong stock…
Samsung launches the 2nd Bitcoin Futures ETF in the whole of Asia. Begins trading on January 13. The Samsung Bitcoin Futures ETF Samsung Asset Management Hong Kong (SAMHK), a subsidiary of Samsung Ass...
Hong Kong to only allow investing in highly liquid virtual assets
Hong Kong’s Securities and Futures Commission (SFC) Chair Julia Leung said the commission will allow retail investors to trade only highly liquid crypto assets, South China Morning Post reported. Earl...
Hong Kong Will Soon Allow Retail Investors To Trade Crypto
Hong Kong will pass a new law allowing retail investors to invest only in ‘highly liquid’ crypto assets. The new law will come into effect in June. Hong Kong is making a big change to crypto regulatio...
Samsung to launch Bitcoin ETF in Hong Kong
With the blockchain and cryptocurrency industry expanding at a high rate, major names in technology are taking an interest, including South Korean electronics giant Samsung, which has recently announc...
Hong Kong SFC says traders will have highly liquid cryptoassets
Julia Leung Fung-yee, the new CEO of Hong Kong’s Securities and Futures Commission (SFC), has clarified that retail traders in the region will only have access to highly liquid cryptocurrencies to saf...
Hong Kong watchdog aims to restrict retail traders to liquid products
The new licensing program, scheduled to take off in June, will restrict retail traders in Hong Kong to “highly-liquid” digital assets, according to the new CEO of Hong Kong’s Securities and Futures Co...
Hong Kong to only allow ‘highly liquid’ cryptocurrencies for retail trading
In an effort to create a regulatory framework for the city, Hong Kong’s Securities and Futures Commission (SFC) announced plans to draft proposals that will allow retail investors access to trade cert...
Hong Kong regulator wants to help grow crypto ecosystem
The Hong Kong regulator, the FSTB, is looking to open up crypto more to retail investors, but within robust, market-driven regulations. At the recent Web3 Forum, Hong Kong’s finance secretary Paul Cha...
Hong Kong Is Pro-Crypto, Crypto Daily TV 10/1/2023
In Todays Headline TV CryptoDaily News: Crypto conglomerate DCG being Investigated by DOJ, SEC. Officials with the U.S. Department of Justice and the SEC are examining transfers between Digital Curren...
Despite Industry Upheaval, Hong Kong Seeks Crypto Hub Status
Despite the continuing crisis in the cryptocurrency sector that was created by the collapse of the FTX, the government of Hong Kong has not wavered in its commitment to the development of cryptocurren...
Hong Kong Reaffirms Commitment to Become Regional Crypto Hub – Regulation Bitcoin News
Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX. “As certain crypto exchanges collapsed one after another, Hong Kong be...
Hong Kong To Become Crypto Hub Despite Industry Meltdown
Hong Kong has expressed interest in becoming a global crypto hub as it has decided to be more welcoming to crypto companies. Opening up to newer crypto companies or startups could increase crypto reta...
Hong Kong Lures Crypto Exchanges and Firms Through Licensing
10 hours ago | 2 mins read Exchange News Regulators are ready to give licenses to crypto companies and exchanges. Crypto exchanges are now subject to regulations that are on par with conventional bank...
Crypto Regulation Knocking at the Door of Hong Kong and France
Hong Kong and France speed up the crypto regulation process while other countries also steadily move to regulate the asset class. The FTX collapse has pressured regulators globally to speed up on how ...
Hong Kong Reaffirms Goal of Becoming Crypto Hub
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...
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...