Hong Kong has announced that it has reviewed its Anti Money Laundering and terrorism financing framework to include assets providers. With this update, assets providers will be subjected to a new fram...
Tag: Kong
Hong Kong Includes Licensing Regime for Crypto Exchanges in New Legislation
Hong Kong’s legislative council has added a new amendment to the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 to accommodate the cryptocurrency industry. The legislation...
Hong Kong introduces licenses for crypto exchanges
Hong Kong creates licenses for crypto exchanges, aiming at attracting big industry players to the country. The registration rules will exempt traders with volumes of less than $15,000. Hong Kong embra...
Hong Kong To Prepare New Legislation Targeting Crypto Exchange Service Providers
The recent FTX fiasco not only shattered the spirit of crypto traders and triggered probes into various crypto companies but also pushed global law authorities to tighten regulations and set an eye on...
Hong Kong to subject crypto exchanges to the same laws governing TradFi
The legislative council of Hong Kong has amended its anti-money laundering (AML) and counter-terrorist financing (CFT) financing system to include virtual/crypto asset service providers. The legislati...
Hong Kong Internet Rally Goes Free Solo On The Wall Of Worry
China Last Night KraneShares Key News Asian equities were mixed/mainly lower, as Hong Kong outperformed significantly, India managed a small gain, and the Philippines closed for the Feast of the Immac...
Hong Kong passes amendment introducing VASP licensing regime
Hong Kong’s Legislative Council passed an Anti-Money Laundering and Counter-Terrorist Financing amendment primarily introducing a licensing regime for virtual asset service providers (VASPs). &#...
U.S. Trade Booms Except For 3 Countries: Russia, Ukraine, Hong Kong
Russian President Vladimir Putin speaks to China’s President Xi Jinping when they met in Uzbekistan … [+] in September. SPUTNIK/AFP via Getty Images U.S. merchandise trade with the world i...
Pando Finance Limited – Hope to Provide More Different High Growth Products for Hong Kong Investors in the Future
Place/Date: Hong Kong – December 5th, 2022 at 11:11 am UTC · 2 min read Contact: Jen, Source: Pando Finance Pando Finance Limited, a leading asset management company in Hong Kong, will list two ...
SEBA Bank and HashKey target institutional investors in Hong Kong
Regulated crypto bank SEBA Bank and digital asset financial services group HashKey have formed a strategic partnership focused on accelerating the institutional adoption of digital assets in Switzerla...
How high can Hong Kong stocks surge?
The Hang Seng (HSI) index has staged a strong recovery as investors reflect on the ongoing Hong Kong’s and Chinese reopening. It rose to a high of H$19,518, the highest level since September 13. It ha...
Hong Kong Polytechnic is now offering MSc in Blockchain technology
Applications are currently being accepted for the Master of Science in Blockchain Technology program at Hong Kong Polytechnic University for the September 2023 intake. This program will be the first M...
Hong Kong working on investor protection regulations, says central bank exec
Central bank governors from around the globe are currently in Thailand to discuss the role of central banks amid evolving financial technology. The conference is jointly hosted by the Bank of Thailand...
Central Bank Executive Says Hong Kong Working On Investor Protection Measures
The chief executive officer of the central bank in Hong Kong seemed to have an optimistic perspective on the future of decentralized technology in the wake of the current crypto pandemic; nevertheless...
Crypto bank Seba opens office in Hong Kong, as the city aims to reclaim crypto hub status
Switzerland-headquartered Seba Bank expanded into Hong Kong with a new office as the Chinese region attempts to reclaim its status as a crypto hub. The Hong Kong office will be a center for Seba...
FTX hits Asian markets hard as Korea, Hong Kong, Taiwan investors devastated – SlateAsia #1
Introducing SlateAsia, a new podcast from CryptoSlate focusing on the Asian markets within the crypto industry. CryptoSlate’s Akiba is joined by Jason Fang of Sora Ventures for the bi-weekly sho...
Veteran Trader Boaz Weinstein Sees 200-to-1 Payoff Potential in Hong Kong Dollar Short
(Bloomberg) — Credit trading veteran Boaz Weinstein said he’s betting against the Hong Kong dollar, joining hedge fund industry peer Bill Ackman in publicizing his short position on the pegged c...
Super-Rare Signal Suggests Hong Kong Stock Market Has Hit Rock Bottom
(Bloomberg) — A stock-market indicator is flashing an extremely rare signal that suggests Hong Kong has hit the bottom after years of Covid restrictions, a tech industry crackdown and a property...
Ackman’s Big Hong Kong Short Comes at a Bad Time for Bears
(Bloomberg) — Bill Ackman’s revelation that he’s betting big on a collapse of Hong Kong’s pegged dollar will come across as contrarian to some in the market and mistimed to others. Most Read fro...
As Hong Kong Prepares For The New Virtual Assets Era, It Must Embrace Innovative Dispute Resolution
GETTY IMAGES Throughout the course of history, the world has seen a number of extinction events. The last of them, the Cretaceous-Paleogene extinction, or K-Pg event, wiped out the dinosaurs and led t...
Hong Kong Reveals Assessments On Crypto-Backed Stablecoin
Given the increased rate of digitalization, blockchain technology and the Crypto sector have found more applications in the traditional finance sector. Cryptocurrencies have provided new digital payme...
Hong Kong believes stablecoin volatility can spillover to traditional finance
The fall of crypto giants this year reignited questions about the stability of cryptocurrencies and their impact on fiat ecosystems. Hong Kong Monetary Authority (HKMA) assessed the situation and foun...
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong
In the wake of the recent FTX scandal, another crypto business is feeling the market effects. Genesis Block, a frontrunner for providing cryptocurrency retail services in Hong Kong, announced it will ...
JD Beats, Hong Kong Tech Concludes Strong Week, Week In Review
China Last Night KraneShares Week in Review Asian equities were mixed this week while Hong Kong-listed internet and real estate stocks outperformed. President Biden met with President Xi on the sideli...
Could Hong Kong really become China’s proxy in crypto?
With its partial autonomy, the island city of Hong Kong has traditionally served as “a gate to China” — the local trade center, backed by transparent English-style common law and an openly pro-busines...
Hong Kong Financial Secretary Calls for Stronger Supervision on Crypto
Recent collapse of the Bahamian crypto exchange FTX as it went on to file for bankruptcy has started creating ripple effects. FTX bankruptcy-like instances deepen the skepticism towards the whole cryp...
Hong Kong Internet Stocks Gain On Biden Xi Meeting
China Last Night KraneShares Key News Asian equities had a good day as China and Hong Kong outperformed following President Biden and Xi’s positive get-together in Bali along with continued support fo...
Alibaba, Tencent, lead Hong Kong tech stocks higher after upbeat China online retail sales data
Shares of Chinese internet giants jumped in Hong Kong, after official data showed better-than-expected October retail sales in the world’s second-largest economy. Alibaba Group Holding Ltd. BABA, +0.7...
Hong Kong Hints Crypto Regulatory Reforms Post FTX Crisis
3 seconds ago | 2 mins read Bitcoin News Hong Kong’s Financial Secretary emphasized the need for “steady and cautious” growth. Chan also emphasized the value of safety and effective risk management. T...
Hong Kong to launch world’s first tokenized green bonds by 2022-end
Hong Kong will soon issue the first-ever tokenized government green bonds. In fact, reports suggest Hong Kong will also reportedly legalize retail cryptocurrency trading. Hong Kong’s financial authori...