Given the interest of multiple enterprises in expanding their operations in the region, the new policies will drive interest in Hong Kong as a financial hub. The Hong Kong Government has announced its...
Tag: Kong
Hong Kong Crypto Platform Hbit’s $18.1M Stuck in FTX
The collapse of the FTX crypto exchange has sent shockwaves across the crypto industry. FTX’s trouble has caused the crypto market to tumble and the crypto community to worry about how the entir...
Hong Kong finance secretary to uphold crypto transparency to avoid FTX-like situations – crypto.news
Today, the finance secretary of Hong Kong, Paul Chan, has highlighted an essential play in maintaining supervision and transparency on the impediments imposed in the cryptocurrency ecosystem. Accordin...
Hong Kong Issuing World’s First Tokenized Green Bonds by Year’s End
Hong Kong will issue what is the world’s first tokenized government green bonds by the end of the year. Reports also state that the region will legalize retail crypto trading. Hong Kong’s financial au...
Hong Kong takes a strong stand on crypto amidst FTX saga
According to an essay that was written on November 13th by the Financial Secretary of Hong Kong, Paul Chan, he is urging for a greater emphasis on transparency and competent supervision when dealing w...
Hong Kong to avoid FTX-like scenario through transparency and supervision
Just days after Binance CEO Changpeng “CZ” Zhao warned about the onset of greater regulatory scrutiny amid the FTX collapse, the Financial Secretary of Hong Kong called for a stronger focus on transpa...
NIO shares soar in Hong Kong despite earnings miss
NIO Inc. 9866, +17.06% shares soared in Hong Kong, tracking Wall Street gains overnight as slower-than-expected U.S. inflation buoyed markets and helped investors shrug off the Chinese electric-car ma...
HashKey Group receives approval to operate crypto exchange from Hong Kong SFC » CryptoNinjas
Hash Blockchain Limited (HBL), a member of the HashKey Group (HashKey), a blockchain asset financial services group in Asia, announced today it has received approval from the Securities and Futures Co...
HashKey Group’s blockchain member obtains full Hong Kong crypto trading license
Hong Kong’s financial supervisor, the Securities and Futures Commission, granted Hash Blockchain, a member of the HashKey Group, full licensing to provide crypto asset trading services. This allows th...
Standard Chartered Bank to Explore Retail Crypto Opportunities in Hong Kong
London-based banking giant Standard Chartered plans to explore crypto trading opportunities in Hong Kong. The decision stemmed from recent revelations from the country’s Securities and Futures Commiss...
Hong Kong Rallies On Incremental Loosening Of Zero COVID
China Last Night Kraneshares Key News Asian equities had a nice start to the week as Hong Kong outperformed to the upside. Investors continue to read the tea leaves on China’s reopening as small, incr...
Hong Kong Rugby Sevens back, but Covid rules remain
The Hong Kong Rugby Sevens tournament kicks off Friday for the first time since Covid-19 hit. While the city’s pandemic regulations remain strict, Chris Brooke, chairman of the Hong Kong Rugby U...
BYD Retains EV Crown Over Tesla As Mainland Investors Buy Big In Hong Kong
China Last Night KraneShares Key News Asian equities were down following the Fed’s 75 basis point interest rate hike as the US dollar surged overnight and the Asia dollar index hit a 52-week low. Thai...
Ripple’s APAC Policy Chief Sees Hopeful Shift in Hong Kong Crypto Statement; Dogecoin Soars Again
BTC and ETH were recently changing hands sideways with the largest cryptocurrency in market value down a smidgen and ether in the green. Bitcoin held its place snuggling above the $20,000 threshold it...
Hong Kong Moves to Introduce Regulatory Policies on Crypto Trading
Hong Kong is making moves to legalize the trading of cryptocurrencies in the country as part of its effort to become a crypto hub in the Asia-Pacific region despite China’s outright ban on the asset c...
Hodlnaut Lost $190M from Hong Kong Branch in TerraUSD Wreck
A report from the interim judicial manager has uncovered that cryptocurrency lender Hodlnaut’s Hong Kong branch lost nearly $190 million during the collapse of the Terra/Luna digital token in Ma...
Hong Kong Outlines New Rules For Crypto Futures ETF Issuers
The Securities and Futures Commission (SFC) of Hong Kong, on Monday, published a detailed circular of the requirements exchange-traded fund managers need to meet to list their crypto products in the c...
Hong Kong financial regulator issues guidelines for crypto futures ETFs
The Securities and Futures Commission of Hong Kong has set up requirements for entities considering a public offering of an exchange-traded fund (ETF) tied to cryptocurrency futures. In an Oct. 31 cir...
SBF thinks Hong Kong could become the Web3 hub of Asia
FTX founder Sam Bankman-Fried (SBF) spoke at Hong Kong’s FinTech Week 2022 and said that Hong Kong had real potential to become the Web3 hub of Asia, as reported by Forkast News. SBF said that locatio...
Hong Kong issues policy statement on virtual assets
The Hong Kong government has today issued a policy statement on virtual assets, setting out its stance for a vibrant ecosystem. Hong Kong is throwing its hat into the ring to become the go-to digital ...
Hong Kong: Latest regulatory update might make retail crypto-trading legal soon
Hong Kong regulators have disclosed plans to investigate exposing the cryptocurrency sector to ordinary investors. According to a government announcement this morning, the Securities and Futures Commi...
Hong Kong Set to Legalize Retail Crypto Trades
– Advertisement – Hong Kong has made a proposal to authorize cryptocurrency trades for retail investors. A year after proposing to limit cryptocurrency trades to institutional investors,...
Hong Kong Mulls Lifting Retail Crypto Ban
Hong Kong issued guidance in May of last year limiting crypto trading to professional investors Stablecoin regulation and a number of pilot projects are being weighed for the benefit of financial inno...
Hong Kong Prepares To Take Over Singapore’s Retail Crypto Sector
The growth and increasing cryptocurrency adoption have brought different reactions in many places. Some are entirely embracing the industry and its numerous opportunities with innovative ideas. But so...
Hong Kong Bounces Back, Plans To Legalize Crypto Trading
Hong Kong aims to become a global hub, and thus, has planned to begin a discussion on legalizing cryptocurrency trading by individual investors as part of a more significant effort to rebuild the city...
Hong Kong regulator announces plan to launch mainstream crypto ETF
As cryptocurrencies move into the mainstream, different jurisdictions are working towards launching related products amid increased demand from investors. In this line, Hong Kong is the latest region...
Hong Kong issues policy statement on crypto
The Hong Kong government issued a crypto policy statement that clarified its plans to develop “a vibrant sector and ecosystem” for the nascent industry on October 31. The policy statement marks a key ...
FTX Founder says Hong Kong Could be Top Blockchain Hub in Asia
Crypto exchange FTX founder Sam Bankman-Fried said that, unlike the West, although Asia does not have a key web3, blockchain and cryptocurrency hotspot, Hong Kong could emerge as a leader in that sect...
Hong Kong Government Opens Arms to Crypto Firms and Investors
Hong Kong: Things are afoot. The government has turned the corner on crypto and now wishes to fully embrace it. On Oct. 31, the Hong Kong government issued a policy statement on the development of vir...
Hong Kong To Soon Make Crypto Trading Legal for Retail Investors
On Monday, October 31, the government of Hong Kong came up with an official policy document that would legalize retail crypto trading in the region. Over the last week, there have been some key develo...
Key for China’s crypto comeback is Hong Kong
Next crypto bull run will be tied to when China embraces the crypto market – Hayes Arthur Hayes is the former CEO of BitMEX Hong Kong may become the testing ground for Beijing to experiment with crypt...
Hong Kong aims to become a hub by legalizing retail cryptocurrency trading
Join Our Telegram channel to stay up to date on breaking news coverage In contrast to the city’s skepticism of previous years and the prohibition in place in mainland China, Hong Kong is turning towar...