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Hong Kong's central bank warns against these crypto firms
Hong Kong's financial regulator earlier called out JPEX for operating in the region without approval. The central bank, HKMA, alerted that such businesses didn't come under its purview. HoThe post Hong Kong's central bank warns against these crypto firms appeared first on AMBCrypto. дальше »
2023-9-17 04:30 | |
Hong Kong regulator warns on crypto firms mislabeled as ‘banks’
The Hong Kong Monetary Authority has cautioned the public against crypto firms that describe themselves as banks or offer products termed as deposits. On Sept. 15, the Hong Kong Monetary Authority (HKMA) issued a public statement expressing concern over crypto… дальше »
2023-9-15 23:00 | |
Hong Kong warns crypto firms against referring to themselves as “banks”
Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits. ” Using terms such as digital bank, crypto bank and crypto asset bank contravenes the Banking Ordinance. дальше »
2023-9-16 21:23 | |
Hong Kong regulator warns against crypto companies misusing the term ‘banks’
On Friday (15 September), the Hong Kong Monetary Authority (HKMA) warned against cryptocurrency companies misusing the word bank when describing their services. The regulator highlighted that these firms mislead users who think these companies are HKMA-certified. дальше »
2023-9-16 19:22 | |
HashKey Exchange, Hong Kong’s first licensed crypto exchange is now live
HashKey Exchange, the first licensed retail virtual asset exchange, announces its official launch today. Together with executives from the HKSAR government, top-tier banks, insurers, and Big 4 auditing firms, HashKey Exchange held the grand launch in Hong Kong. дальше »
2023-8-28 18:19 | |
Hong Kong’s Cyberport Draws Over 150 Web3 and Crypto Firms With Government Help
Hong Kong's Cyberport has emerged as a thriving hub for more than 150 web3 firms, driven by strong government support and funding. The city's commitment to innovation and emerging technologies has propelled Cyberport's growth as per the financial secretary. дальше »
2023-6-19 10:17 | |
Hong Kong Eyes Stablecoins and Tokenized Securities Post-VASP Regulation
Having launched its regulatory framework for crypto firms this month, Hong Kong is moving to embrace stablecoins and tokenized securities. The post Hong Kong Eyes Stablecoins and Tokenized Securities Post-VASP Regulation appeared first on BeInCrypto. дальше »
2023-6-19 18:21 | |
Hashkey Group seeks funding at a $1B valuation as Hong Kong adopts an open financial system
Hashkey Group is an authorized crypto company based in Hong Kong. The digital asset platform is partaking in various moves to retain its supremacy in the region. That comes as the city’s initiative to become a cryptocurrency hub attracts worldwide crypto firms and exchanges. дальше »
2023-5-20 12:30 | |
HKMA chief executive talks crypto regulation
Eddie Yue, Hong Kong's chief executive officer of the Hong Kong Monetary Authority (HKMA), recently gave a speech outlining the new licensing process that would apply to crypto firms in Hong Kong. дальше »
2023-5-9 14:16 | |
Hong Kong Regulator Prompts Banks to Support Crypto Firms
The Hong Kong warms to the crypto sector, the city's financial regulator has asked banks to support licensed firms in the city. The post Hong Kong Regulator Prompts Banks to Support Crypto Firms appeared first on BeInCrypto. дальше »
2023-4-29 14:00 | |
Hong Kong Monetary Authority Advises Banks to Offer Support to Crypto Firms
Coinspeaker Hong Kong Monetary Authority Advises Banks to Offer Support to Crypto Firms The push to support crypto is gaining traction in Hong Kong as some banks are already pledging support to the industry. дальше »
2023-4-29 13:34 | |
Hong Kong and Singapore Battle It out to Be Asia’s Crypto Capital
Hong Kong and Singapore are two of Asia’s leading crypto hubs. And in recent years, many international crypto firms have found a home in in both cities. The post Hong Kong and Singapore Battle It out to Be Asia’s Crypto Capital appeared first on BeInCrypto. дальше »
2023-4-22 20:30 | |
Chinese state-owned bank starts working with crypto firms in Hong Kong
China Bank of Communications Co., Ltd.’s Hong Kong subsidiary reportedly collaborates with several crypto companies with secured licenses in Hong Kong. According to reports, the state-owned bank works with several licensed crypto firms in the semi-autonomous city-state and has also… дальше »
2023-4-17 15:41 | |
Hong Kong and Singapore Battle it out to be Asia’s Crypto Capital
Hong Kong and Singapore are two of Asia’s leading crypto hubs. And in recent years, many international crypto firms have found a home in in both cities. The post Hong Kong and Singapore Battle it out to be Asia’s Crypto Capital appeared first on BeInCrypto. дальше »
2023-4-17 20:30 | |
OKX Plans To Enter Hong Kong, Seeks VASP License
OKX, a Seychelles-based crypto exchange ranked among the top 20 exchanges of the world, becomes the latest to enter Hong Kong due to its crypto-friendly regulations. Other crypto firms that previously revealed plans to set up a base in the city include Australian crypto exchange Independent Reserve and Huobi. дальше »
2023-3-30 21:00 | |
Report Claims Chinese Banks Show Interest in Hong Kong-Based Crypto Firms
According to a recent report from Bloomberg, Chinese banks are now showing interest in Hong Kong crypto firms. This has surprised the broader crypto community, given that China had once restricted digital currency transactions in the country. дальше »
2023-3-28 22:30 | |
Hong Kong crypto firms notice high interest from Chinese banks
Chinese state-owned banks have emerged as backers for Bitcoin businesses establishing operations in Hong Kong. Despite China's continued ban on cryptocurrency, all of this is true. Chinese sThe post Hong Kong crypto firms notice high interest from Chinese banks appeared first on AMBCrypto. дальше »
2023-3-27 17:00 | |
More Than 80 Crypto Firms Plan to Launch In Hong Kong, Financial Secretary
Hong Kong, an administrative region of China, has gradually expanded its crypto industry. The city aims to create a robust crypto environment to position it as a prominent hub for crypto and Web3 interactions. дальше »
2023-3-21 21:00 | |
More Than 80 Crypto Firms Plan To Launch In Hong Kong, Financial Secretary Says
Hong Kong, an administrative region of China, has gradually expanded its crypto industry. The city aims to create a robust crypto environment to position it as a prominent hub for crypto and Web3 interactions. дальше »
2023-3-21 21:00 | |
Over 80 crypto firms willing to enter Hong Kong: Financial Secretary
More than 80 businesses are interested in setting up presence in Hong Kong as it strives to become a leading Web3 hub. Several crypto businesses worldwide have been paying "attention" to Hong KThe post Over 80 crypto firms willing to enter Hong Kong: Financial Secretary appeared first on AMBCrypto. дальше »
2023-3-20 15:30 | |
Over 20 crypto firms plan to establish presence in the city: Hong Kong authorities
Hong Kong’s Secretary for Financial Services and the Treasury Christopher Hui said that over 80 virtual asset-related businesses had expressed interest in establishing their presence in the city as of the end of February. дальше »
2023-3-20 13:35 | |
Hong Kong Hopes To Draw Back Fleeing Firms With Web3 Fintech Week
Hong Kong: Web3 and the metaverse will feature in this year’s Fintech Week, as the country tries to lure back business lost to COVID-19. The post Hong Kong Hopes To Draw Back Fleeing Firms With Web3 Fintech Week appeared first on BeInCrypto. дальше »
2022-10-15 18:00 | |
MetaMask Partners with Custodians Due to Institutional Clients Wanting to ‘Actively Participate’ in DeFi
MetaMask Institutional (MMI), the institutional arm of popular Ethereum wallet MetaMask, has partnered with three firms — US-based BitGo, British Virgin Islands-headquartered Qredo, and Hong Kong-based Cactus Custody. дальше »
2021-10-6 19:00 | |
Crypto-related stocks in Hong Kong impacted, but more HODLers for Bitcoin, Ethereum
China declaring all crypto transactions illegal sent shockwaves through Asia's fintech market. It adversely impacted Hong Kong as well; not just crypto exchanges, but firms and stocks related to cryptThe post Crypto-related stocks in Hong Kong impacted, but more HODLers for Bitcoin, Ethereum appeared first on AMBCrypto. дальше »
2021-9-27 17:30 | |
Flare Network Raises $11 Million in Funding to Bring Smart Contracts to All Blockchains
Decentralized finance protocol Flare raised $11.3 million in another funding round supported by heavyweights in the crypto industry. Launched at the tail end of 2020, Flare, a Turing complete Federated Byzantine Agreement-based (FBA) network, announced Hong Kong-based firm Kenetic Capital led the round, including top venture capital firms such as Digital Currency Group (DCG) and […] The post Flare Network Raises Million in Funding to Bring Smart Contracts to All Blockchains first appeared on BitcoinExchangeGuide. дальше »
2021-6-9 22:45 | |
Breaking: China Bans Crypto For the 100th Time; Hong Kong Proposal Seeks to Restrict Retail Traders From Exchanges
Cryptocurrency exchanges in Hong Kong are set to be prohibited from offering services to retail crypto traders following a new government proposal. Hong Kong Floats New Proposal On Licensing Crypto Firms The legislative proposal, which Hong Kong's Financial Services and Treasury Bureau (FSTB) floated, has now moved past its consultation period, Reuters report. дальше »
2021-5-22 19:42 | |
Crypto.com Capital Rolls Out $200 Million Fund to Help Crypto-based Startups Grow
In an official announcement on Thursday, the firm stated that it would invest the $200 million in the seed as well as series A phases of emerging firms within the crypto industry. The Hong Kong-headquartered firms stated that the aim of the investment fund would be to enhance the growth of promising startups and the […] The post Crypto. дальше »
2021-3-5 19:30 | |
Hong Kong to Tighten Regulation on All Crypto Trading Platforms
Hong Kong’s government is poised to change the rules for cryptocurrency trading firms operating within the city’s jurisdiction. Financial regulators worldwide are still in the process of formulating the best approach for regulating the cryptocurrency industry. дальше »
2020-11-4 17:55 | |