2025-7-9 15:54 |
The race for stablecoin licenses in Hong Kong is heating up, with dozens of firms preparing to apply ahead of the new regulatory framework set to go live. According to a recent report by local media outlet First Financial, more… origin »
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Analysts say that Hong Kong could gain the upper hand in its expansion into a global crypto hub in the wake of Singapore’s regulatory crackdown on unlicensed firms in the region. A recent report by the South China Morning Post…
2025-7-4 10:40 | |
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Hong Kong Monetary Authority lists a few ‘benchmark qualification’ for firms planning to launch their own HKD-pegged stablecoins. The requirements would serve as the entry threshold According to a report by news outlet Hexun, Hong Kong Monetary Authority Chief Executive,…
2025-6-25 10:30 | |
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Hong Kong Customs is partnering with the University of Hong Kong to develop a new tool for tracing cryptocurrency transactions, aiming to combat rising virtual asset-related money laundering activity.
2025-6-13 18:17 | |
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Ljubljana, the capital of Slovenia, has been ranked the world’s most crypto-friendly city in Multipolitan’s 2025 Crypto Cities Index. According to the report, Ljubljana edged out heavyweight contenders like Hong Kong, Zurich, Singapore, and Abu Dhabi to take the top…
2025-4-25 09:25 | |
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Interest in cryptocurrencies shows no signs of slowing down in Hong Kong as 25% of adults planning to invest, a new survey finds. A November 2024 survey by the Hong Kong University of Science and Technology found that a quarter…
2025-3-31 12:45 | |
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Hong Kong will prioritize tokenization and stablecoins in boosting the country’s web3 ecosystem, says Financial Services Secretary, Christopher Hui. According to a South China Morning Post report, Hong Kong Secretary for Financial Services and the Treasury Christopher Hui Ching-yu considers…
2025-2-19 13:24 | |
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Beijing-based venture capital firm Gaorong Ventures has reportedly backed HashKey Group with $30 million, valuing the operator of Hong Kong’s top crypto exchange at $1.5 billion. Hong Kong-based HashKey Group has secured a $30 million investment from Beijing’s Gaorong Ventures,…
2025-2-14 13:43 | |
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ZA Bank, a digital neobank offering crypto trading, is reportedly considering physical branches in Hong Kong following new HKMA rules. Hong Kong‘s digital banks are exploring the possibility of opening physical branches as the local regulator introduced new rules allowing…
2025-1-14 14:51 | |
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The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong.
2024-12-31 05:00 | |
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The People’s Bank of China highlights Hong Kong’s active crypto licensing, as well as the prominence of cryptocurrency as an emerging trend in several countries in its recent Financial Stability report.
2024-12-30 11:22 | |
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Hong Kong lawmaker Wu Jie has urged the city-state’s government to consider integrating Bitcoin into its fiscal reserves, a local media outlet reported. The report showed that Wu proposed that the Hong Kong Special Administrative Region (SAR) explore the inclusion of cryptocurrencies in its fiscal reserves and leverage foreign exchange funds to acquire and hold […] The post Hong Kong lawmaker advocates including Bitcoin in national reserves appeared first on CryptoSlate.
2024-12-30 11:13 | |
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CEO of Circle, Jeremy Allaire, says stablecoins will become a critical part of Hong Kong’s trade settlements as the region transitions into more Web3 territory. According to an Oct. 30 report on South China Morning Post, Jeremy Allaire said Circle(cUSDC)…
2024-10-30 16:33 | |
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Hong Kong regulators are considering an extension on tax breaks to include digital assets like crypto and the use of artificial intelligence-technology in finance sectors. According to an Oct. 28 Bloomberg report, Hong Kong’s Secretary for Financial Services and the…
2024-10-28 10:30 | |
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Hong Kong police have dismantled a deepfake romance scam that swindled men out of $46 million through fake cryptocurrency investments. According to a local report, law enforcement in Hong Kong cracked down on a multinational crypto romance scam, which targeted…
2024-10-15 10:40 | |
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Eastern Asia has emerged as the sixth largest crypto economy globally, largely driven by institutional activity in South Korea and Hong Kong, according to a Sept. 18 report by Chainalysis. The region accounted for 8.
2024-9-19 00:38 | |
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Indian police are investigating the “Datameer” crypto trading app, which allegedly duped at least 700 locals out of inr 10 million. According to a local report, the scheme promised returns of up to 50% to unsuspecting investors who were told…
2024-9-16 13:41 | |
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Hong Kong is reportedly considering involving the local securities regulator in licensing over-the-counter crypto trading services. Over-the-counter crypto trading services in Hong Kong might soon come under the joint oversight of the Securities and Futures Commission and the Customs and…
2024-9-14 13:25 | |
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Hong Kong's Securities and Futures Commission (SFC) has found "unsatisfactory practices" at "some" of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections, Bloomberg reported on Thursday citing people familiar with the situation.
2024-8-26 10:06 | |
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Hong Kong’s crypto hub ambitions face hurdles as more than a dozen exchanges struggle to secure full licenses due to regulatory concerns. Cryptocurrency exchanges in Hong Kong seem to be grappling with challenges in securing full licenses as the city…
2024-8-22 09:25 | |
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Hong Kong customs dismantled a sophisticated money-laundering syndicate that processed over $190 million through crypto transactions and over 200 bank accounts. Hong Kong customs authorities have cracked down on a money-laundering operation that funneled HK$1.5 billion (around $192 million) in…
2024-8-9 15:05 | |
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In recent times, Hong Kong has been continuously making it to the headlines in the crypto space for several reasons. One of the reasons as of today is that Futu Securities International, the largest online broker in Hong Kong introduced retail cryptocurrency–Bitcoin and Ethereum–trading to its platform.
2024-8-2 06:30 | |
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Hong Kong’s largest online broker, Futu Securities International, has launched crypto trading, targeting retail investors with enticing rewards such as shares in Alibaba and Nvidia. Futu Securities International is the first online broker in Hong Kong to offer crypto trading…
2024-8-2 16:22 | |
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Authorities in Hong Kong have arrested three individuals who allegedly duped a businessman out of HK$3.11 million, approximately US$399,000, in cryptocurrency. According to a local report, the scammers promised to exchange the victim’s cryptocurrency holdings for cash at an attractive…
2024-7-16 11:51 | |
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Сообщение Animoca Plans Public Listing in Hong Kong or Middle East by 2025: Report появились сначала на Coinstelegram.
2024-6-28 17:22 | |
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Hong Kong-based blockchain investment firm Animoca Brands is reportedly eyeing a public listing in Hong Kong or the Middle East next year. Animoca Brands, a blockchain software and investment firm, is reportedly considering an IPO in Hong Kong or the…
2024-6-27 10:22 | |
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Animoca Brands is looking to go public next year in a crypto-friendly jurisdiction, the Information reported on June 26, citing the firm’s co-founder Yat Siu. According to the report, the Hong Kong-based company, valued at $5.
2024-6-27 22:45 | |
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The prominent Web3 investor has held talks with investment banks, but is yet to finalize an advisor.
2024-6-26 16:25 | |
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Authorities in Hong Kong have flagged a surge in counterfeit banknotes brought into circulation via cryptocurrency scams. According to a local report, the Hong Kong police seized 3,396 fake notes between January and April 2024. The counterfeits amounted to a…
2024-6-3 14:36 | |
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Global ETFs According to Bold. report data, all Bitcoin exchange-traded funds (ETFs) collectively hold over one million Bitcoin, a milestone first achieved on March 12. These ETFs are distributed across several countries, including the US, Sweden, Hong Kong, Germany, Switzerland, Canada, Brazil, and Australia.
2024-5-28 15:05 | |
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CoinShares’ latest weekly report revealed that crypto-related investment products saw their fourth consecutive week of negative flows, dominated by the “measurable outflows from the newly issued ETFs in the US.
2024-5-7 16:32 | |
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In an exclusive report, Wu Blockchain has revealed that the issuer of the upcoming Hong Kong Bitcoin and Ethereum spot ETFs expects them to launch with a bang tomorrow. The anticipated issuance scale of these ETFs is projected to reach $200 million to $300 million on their first day of trading.
2024-4-30 21:05 | |
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According to a South China Morning Post report, Hong Kong customs officers have apprehended three individuals in connection with a massive HK$1. 8 billion ($228 million) money-laundering operation that exploited a crypto platform and bank accounts associated with shell companies.
2024-4-19 03:00 | |
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Bitcoin and Ether spot exchange-traded funds (ETFs) are set to receive the final approvals in Hong Kong as early as Monday next week. According to a recent Matrixport report, these investment products could unlock up to $25 billion in demand from Chinese investors through the Southbound Stock Connect program.
2024-4-14 16:30 | |
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Hong Kong is on the cusp of approving its first spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) with potential final approvals as early as Monday, according to Bloomberg, citing two people familiar with the matter.
2024-4-12 16:30 | |
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Bitcoin price has flipped above $70,000, while Ethereum is above $3,500. This is after news that Hong Kong is likely to approve its first spot Bitcoin and Ethereum ETFs as soon as early next week.
2024-4-14 15:45 | |
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According to a recent Reuters report, Hong Kong is on the verge of becoming Asia’s first city to launch spot Bitcoin ETFs. Notably, the initial approvals for these ETFs are expected to be announced as early as next week, which is significantly ahead of industry expectations for such launches this year. Hong Kong’s Bid For […]
2024-4-11 22:00 | |
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Mainland Chinese fund companies are leveraging their Hong Kong subsidiaries to explore spot Bitcoin ETFs, signaling their keen interest in the new investment avenue. Chinese mainland-based equity funds have reportedly submitted their applications to launch spot Bitcoin exchange-traded funds (ETFs)…
2024-4-8 11:46 | |
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Hong Kong’s financial regulator, the Hong Kong's Securities and Futures Commission (SFC), is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year, according to a report from Bloomberg Intelligence.
2024-3-26 19:25 | |
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Over the past three years, the number of crimes involving virtual assets in Hong Kong has almost tripled. According to a local media report, Financial Services and Treasury Minister Hui Ching-yu said that the Hong Kong Securities and Futures Commission…
2024-2-22 12:49 | |
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The Securities and Futures Commission said it does not have the power to close unlicensed crypto exchanges.
2023-11-29 20:26 | |
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A wallet linked to Hong Kong-based crypto exchange Hashkey has reportedly sold over $90 million worth of Ethereum in the past 10 days. This massive selling activity appears to have triggered a slight decline in the ETH market, sparking speculations on the token’s price trajectory.
2023-11-19 19:40 | |
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Hong Kong is the latest territory to consider approving exchange-traded funds that invest directly in digital assets. A new report shows the SEC is having trouble recruiting staff with crypto knowledge.
2023-11-7 23:50 | |
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Regulatory authorities in Hong Kong are contemplating the inclusion of individual investors in spot Crypto ETFs, as part of their strategic initiatives to cement the city’s position as the primary digital asset hub in the Asia-Pacific region, a report disclosed Monday.
2023-11-7 23:00 | |
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Several attendees of Yuga Labs’ ApeFest event in Hong Kong reported eye pain and vision loss, claiming they were exposed to improper lighting.
2023-11-6 04:42 | |
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BC Technology may elect to sell parts of OSL's business rather than the whole entity, according to the report, citing people familiar with the matter.
2023-10-16 14:42 | |
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Hong Kong police have cautioned residents about scammers posing as Binance and sending phishing texts. Over the past two weeks, authorities have recorded 11 cases, amounting to HK$3.5 million in reported losses. A local news report dated Oct. 9 calls…
2023-10-9 17:08 | |
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Hong Kong-based OTCs say the region has become a safe harbor not only for crypto multimillionaires but for ordinary people, too.
2023-10-4 14:30 | |
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2023-10-4 19:51 | |
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East Asia represents almost 8.8% of all transactions globally, a report from the research firm says.
2023-10-2 18:57 | |
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CNN is leaning into live prediction markets with Kalshi.
Russia’s crypto strategy may move from shadow use to state-regulated access as pressure from global sanctions mounts.
UPay, a global crypto payment card provider, has entered a strategic partnership with StraitsX, a Singapore-based stablecoin-native settlement layer, aiming to build foundational financial infrastructure that supports everyday stablecoin payments worldwide.
Stablecoins will be officially recognised as a payment method starting January 1, 2026, in Uzbekistan as part of a broader effort to modernise the country’s financial landscape. Sandbox to test stablecoins and tokenised assets The Uzbekistan government has established a regulatory sandbox under the supervision of the National Agency for Perspective Projects, working closely with […]
With the legal framework still undecided, banks and tech firms are quietly laying the foundation for South Korea’s stablecoin future.
Klarna, the Sweden-based digital bank and payments provider popular for its “buy now, pay later” product, is making a foray into the stablecoin market. The company announced on Tuesday, that it was launching its own stablecoin dubbed KlarnaUSD, a US dollar-pegged stablecoin it plans to tap into to bolster its traction across the cross-border payments […]
Paxos has taken its next step in multi-chain stablecoin infrastructure with a targeted launch across key networks. Paxos has named three fast-rising networks as the first venues for its new omnichain stablecoin, setting the stage for regulated liquidity across multiple…