Hong Kong’s ZA Bank Gets Crypto Approval
ZA Bank, Hong Kong’s first digital-only bank, gets crypto approval, which means it can perform more regulated services. ZA Bank, an…
Hong Kong Crypto Derivatives Align with EU
Hong Kong’s financial regulators are implementing global reporting standards for over-the-counter (OTC) crypto derivatives that are…
Stablecoins, Crypto Challenge Fiat in East Asia
Hong Kong leads Eastern Asia in cryptocurrency adoption, with 40% of the region’s value in stablecoins, marking the fastest growth rate…
Hong Kong to Launch Ethereum ETF Staking by Year-End
The crypto regulators in Hong Kong may launch Ethereum ETF staking by the end of 2024, which could likely give them an advantage over other…
First Digital CEO Says Hong Kong Should Expedite Crypto Regulation
First Digital CEO has expressed optimism that Hong Kong will speed up the country’s crypto regulation and other digital assets. Hong…
Hong Kong Bitcoin ETFs Surge Past HK$2 Billion
Hong Kong’s three spot Bitcoin ETFs have reached over HK$2 billion in assets, reflecting growing institutional demand for regulated…
Hong Kong Crypto Concerns Surface, OSL Exec Weighs In
A Hong Kong official discussed the potential impacts on stablecoins like USDT and USDC as the city considers launching HKD and USD…
Hong Kong Unveils Generative AI Sandbox for Finance
Working with Cyberport, the Hong Kong Monetary Authority is launching a generative AI sandbox focusing on fintech advances in the financial…
Chinese E-commerce Brand JD.com to Release HKD Stablecoin
A top name in the Chinese e-commerce industry, JD.com has declared its intention to release the Hong Kong Dollar (HKD) stablecoin. JD.com, one…
Hong Kong to Launch Asia’s First Inverse Bitcoin ETF
In Hong Kong on Tuesday, Asia’s first inverse bitcoin exchange-traded fund will allow investors to bet on a cryptocurrency drop On…
Hong Kong Unveils Asia’s Inverse Bitcoin ETF
Following the successful 2022 launch of the firm’s Bitcoin Futures ETF, CSOP’s new inverse Bitcoin ETF is designed to capitalize…
HKX to Exit Hong Kong Market
Following its decision to cease operations in Hong Kong due to regulatory compliance concerns, HKX management recommends that users withdraw…
Hong Kong Airport Returns to Normal Operations
According to Chinese state media, Hong Kong International Airport resumed its regular operations on Saturday following hours-long disruptions…
Hong Kong Imposes Licensing Regime on Stablecoin Issuers
Hong Kong’s FSTB and HKMA plan a new regulatory framework for stablecoin issuers, responding to stakeholder feedback and broad public…
Hong Kong SFC to Sanction 7 Illegal Crypto Exchanges
The Securities and Futures Commission (SFC) of Hong Kong has issued a sanction against seven (7) unlicensed crypto exchanges in the region.…
Hong Kong Regulator Issues Fraud Alert On Three Exchanges
The Hong Kong Securities and Futures Commission (SFC) has issued a warning to investors regarding three entities that are suspected of…
Asia-Pacific Market Heats Up For Bitcoin, Ethereum ETFs
In June, two Bitcoin ETFs were introduced in Australia; following the introduction of six Bitcoin and Ethereum ETFs in Hong Kong in April, we…
Hong Kong Eyes DeFi, Metaverse for Fintech Growth
The reports emphasize the potential for growth and innovation in these emerging sectors, despite the obstacles present in the current DeFi and…
DFX Labs Clears Hong Kong’s AML Requirement For Crypto License
The Securities and Futures Commission of Hong Kong has granted DFX Labs a license for virtual asset services, even though it is not yet…
Hong Kong Calls for Web3, Crypto Policy Input
The Legislative Council (LegCo) of Hong Kong is soliciting policy proposals for web3 and virtual assets to stimulate industry expansion. The…