Hong Kong plans major crypto regulatory overhaul highlighting $3 trillion opportunity

Hong Kong’s Securities and Futures Commission has outlined a new ASPIRe roadmap for asset regulation. The agency’s statement details a framework that sets parameters for market entry, investor protection, and operational transparency in the digital asset space.

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Hong Kong to avoid FTX-like scenario through transparency and supervision

Financial Secretary Paul Chan highlighted the importance of being “steady and cautious” when promoting the development of the virtual asset industry in Hong Kong.

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HashKey Group receives approval to operate crypto exchange from Hong Kong SFC

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 Commission of Hong Kong (SFC) to operate a virtual asset trading platform, under a Type 1 (dealing in securities) license and a Type 7 (automated […] The post HashKey Group receives approval to operate crypto exchange from Hong Kong SFC appeared first on CryptoNinjas.

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Family Offices and HNWIs Investing More In Digital Asset Service Providers – Survey

An October 2022 survey report co-authored by KPMG China and Aspen Digital has revealed that the majority of Family Offices (FOs) and High Net Worth Individuals (HNWIs) in Hong Kong and Singapore are investing in digital asset service providers mainly through direct equity, followed by private investment in public tokens. “We have observed that family […]

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Hong Kong Wants to Be a Crypto Hub Again

Hong Kong says it welcomes virtual asset companies, but a lot of details still need to be ironed out.

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Hong Kong Government Reconsiders Stance on Virtual Asset ETFs, Tokenized Securities, Retail Investors

The government says it's ready to engage with virtual asset service providers and invite them to the city.

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Citigroup Becomes Latest Institution To Make Moves Into Crypto

Citigroup has finally put a toe into the crypto waters by leading a funding round in a Hong Kong-based asset management company. The post Citigroup Becomes Latest Institution To Make Moves Into Crypto appeared first on BeInCrypto.

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Wintermute hack recreated; learn what went wrong on 20 Sept.

Hong Kong-based digital asset company Amber Group decoded the Wintermute hack that took place last month. The hack that occurred on 20 September caused the trading platform to lose approximately $160 The post Wintermute hack recreated; learn what went wrong on 20 Sept. appeared first on AMBCrypto.

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Hong Kong's HashKey Receives Approval to Manage 100% Crypto Portfolio

The crypto funds can manage a portfolio of 100% virtual assets, joining the first batch of Hong Kong’s few licensed virtual asset managers.

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Gate.io expands crypto custody services to Hong Kong with key license

Gate. io Group, the company behind global cryptocurrency exchange Gate. io, has hit a “strategic milestone” as it expands its virtual asset custody services to Asia’s financial hub of Hong Kong.

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Gate.io's Hippo Financial Services Obtains Hong Kong Crypto Custody License

Gate.io group's Hippo Financial Services received a Trust or Company Service Provider license that means it can now provide virtual asset custodial services in Hong Kong.

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HKD.com And Technicorum Holdings Confirm M&A To Create $100 Million Valuation Company In Singapore

SINGAPORE – JULY 4, 2022 – Hong Kong Digital Asset Exchange Limited (HKD. com), a prominent digital asset exchange in Hong Kong, has signed a combined strategic collaboration and merger and acquisition with Technicorum Holdings (www.

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Crypto lender Babel Finance halts withdrawals due to liquidity pressures

Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market.

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Samsung Asset Management to launch blockchain ETF in Hong Kong

Samsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022.

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Hong Kong’s Securities And Futures Commission Releases Warning On NFTs

The lack of clear digital asset regulations has left innovators to stumble forward as they reach their hands out in the dark. Hong Kong’s Securities and Futures Commission (SFC) has issued a warning on NFTs as they say certain projects may have breached securities law.

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OSL and Interactive Brokers Partner for Crypto Services in Hong Kong

OSL Digital Securities has signed an agreement with Interactive brokers to provide virtual asset services in Hong Kong.

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Hong Kong classifies NFTs as financial asset, mandates licensing

Hong Kong’s Securities and Futures Commission (SFC) recently published an advisory paper that recognized NFTs as “collective investment schemes” rather than collectibles. The post Hong Kong classifies NFTs as financial asset, mandates licensing appeared first on CryptoSlate.

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Top Value and Huobi Launch a Blockchain Mining Fund

ChainUp Group’s subsidiary Top Value, is pleased to announce a partnership with Huobi Technology Holdings Limited (Stock code: 1611. HK)’s wholly-owned subsidiary Huobi Asset Management (Hong Kong).

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Samsung to list first Crypto ETF in Hong Kong

Samsung, the largest asset management in Korea, is planning to list its first crypto…

The post Samsung to list first Crypto ETF in Hong Kong appeared first on Coin Journal.

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ChainUp subsidiary, Top Value and Huobi Asset Management launch one-of-a-kind blockchain mining fund

ChainUp Group’s subsidiary Top Value is pleased to announce a partnership with Huobi Technology Holdings Limited (Stock code: 1611.HK)’s wholly-owned subsidiary Huobi Asset Management (Hong Kong)The post ChainUp subsidiary, Top Value and Huobi Asset Management launch one-of-a-kind blockchain mining fund appeared first on AMBCrypto.

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Asia-based crypto custodian Hex Trust raises USD $88M in Series B

Hex Trust, an Asia-based digital asset custodian licensed in Hong Kong and Singapore with over USD $5 billion in assets under custody, has announced the close of its Series B funding round of USD $88 million.

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Hong Kong to list first metaverse ETF on February 21

CSOP Asset Management has launched the first metaverse-themed exchange traded fund in Hong Kong, which will open for trading following listing on the Hong Kong Stock Exchange on February 21, CoinGape reported.

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PwC Hong Kong purchases land plot in The Sandbox

The specific plot of land and asset price are unknown at this time, though PwC Hong Kong has divulged early intentions to enter the space.

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Eqonex CEO says Singapore will be Asia’s crypto hub

The CEO is Eqonex; Richard Byworth, a crypto and digital asset focused firm, has announced that the firm is transitioning its entire business operations from Hong Kong to Singapore. He noted that this change was being influenced by the regulatory climate in Singapore.

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Hong Kong virtual insurer partners with exchange, brings crypto insurance to Asia

In an industry riddled with frequent scams and hacks, the protection of investments is paramount for investors. In fact, the need for cryptocurrency asset insurance has been in the cads for a while noThe post Hong Kong virtual insurer partners with exchange, brings crypto insurance to Asia appeared first on AMBCrypto.

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Why Hong Kong Could Allow Retail To Dabble Into Crypto ETFs

The local securities regulator in Hong Kong will review the rules for people to be able to trade crypto-linked Exchange Traded Funds (ETFs). According to a report by the South China Morning Post, Hong Kong’s Securities and Futures Commission (SFC) will take another look into its digital asset transaction regulation. Related Reading | Bye-Bye China […]

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Huobi Trust Hong Kong provides safe, secure custody services

As the blockchain and virtual asset space continue to grow with the rise of cutting-edge applications, large companies, and institutional investors are tapping into the space. The post Huobi Trust Hong Kong provides safe, secure custody services appeared first on CryptoSlate.

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Sam Bankman-Fried’s FTX registers in Bahamas as Hong Kong regulations turn hostile

Earlier this week, crypto exchange FTX announced they successfully registered with the Securities Commission of the Bahamas as a digital assets business under the Digital Asset Registered Exchanges (DAREs) Bill.

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Hong Kong’s Largest Landlord Leases to First Crypto Firm

Hong Kong’s Central district’s largest landlord, Hong Kong Land Holdings Ltd., signed a lease with its first crypto asset firm. The post Hong Kong’s Largest Landlord Leases to First Crypto Firm appeared first on BeInCrypto.

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Hong Kong’s Securities Regulator Official Calls for Expanding its Supervision Scope to Crypto

To crack down on unlicensed virtual asset trading due to investors suffering huge losses. The post Hong Kong’s Securities Regulator Official Calls for Expanding its Supervision Scope to Crypto first appeared on BitcoinExchangeGuide.

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Bitcoin Makes History As The World’s Most Held Financial Asset

The number of Cryptocurrency users has doubled in the last six months reaching 221 million by the end of June, according to new research by Hong Kong-based and fast-growing crypto-exchange Crypto. com.

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Crypto custodian Hex Trust gets investment from Hong Kong government digital hub

Hex Trust, a crypto and blockchain asset custodian headquartered in Asia, has announced it has successfully secured investment from Cyberport, Hong Kong’s largest FinTech hub and innovative digital community, which is wholly owned by the Hong Kong SAR Government.

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Regulated Bitcoin and Ethereum funds have launched in Hong Kong

Hong Kong-based Huobi Asset Management announced the launch of Bitcoin (BTC), Ethereum (ETH), and mining-related funds for professional investors yesterday, it said in a release shared with CryptoSlate.

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Linkflow launches crypto prime brokerage service

Linkflow, a Hong Kong-based crypto prime brokerage service, has announced on Tuesday (March 9th, 2021), that along with its traditional asset management offerings, it is launching new digital asset-baThe post Linkflow launches crypto prime brokerage service appeared first on AMBCrypto.

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Huobi Crypto Asset Management Gets Clearance to Launch BTC & ETH Funds in Hong Kong

Huobi Technology Holdings, an investment holding company, based in Hong Kong, is pushing towards its goal of establishing itself as Asia’s premier crypto exchange with its latest regulatory approval.

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Huobi Digital Asset Management to Launch Bitcoin and Altcoins Fund

Huobi Asset Management is set to launch a bitcoin (BTC) tracker fund, an Ether (ETH) tracker fund, and a multi-strategy digital asset fund, after successfully gaining the approval of the Hong Kong Securities and Futures Commission (SFC), according to reports on March 4, 2021.

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KYC-Chain to provide onboarding software for Hong Kong crypto exchange HKVAX

CryptoNinjas » KYC-Chain to provide onboarding software for Hong Kong crypto exchange HKVAX Hong Kong Virtual Asset Exchange (HKVAX), announced today it is working with KYC-Chain to facilitate the on-boarding of customers to the exchange.

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Fidelity Increases Its Stake in the First Hong Kong Regulated Crypto Exchange, OSL

Fidelity Investments, a leading global asset manager interested in crypto, has increased its capital allocation to BC Technology Group. This firm runs the first crypto asset exchange to be licensed in Hong Kong, OSL.

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Hong Kong Licenses First Virtual Asset Trading Platform

However, Hong Kong’s SFC did not name the licensed company. Close supervision The SFC announced that the platform license allowed the platform to service professional investors. The license does come with a set of restrictions.

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Digital Trading Platform OSL Gets License from Hong Kong Securities Regulator

OSL, a top digital asset trading platform in Asia has received licenses from Hong Kong’s Securities and Futures Commission (SFC). The firm is also looking to obtain a license from Singapore’s regulatory body.

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Cryptocurrency Exchange Crypto.com Joins The International Digital Asset Exchange Association (IDAXA)

Hong Kong-based cryptocurrency exchange crypto. com announced today 17 November 2020 that it has joined the International Digital Asset Exchange Association (IDAXA), an organization that sets industry standards and helps facilitate smooth implementation of new regulations.

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Gemini Increases Fiat Currency Options with CAD, HKD and AUD Support

Gemini crypto exchange has added support for three fiat currencies within its trading platform, according to an official announcement by the firm on August 17. The Winklevoss brothers’ led digital asset trading platform will now feature the Canadian dollar (CAD), the Australian Dollar (AUD), and the Hong Kong dollar (HKD). This milestone comes as a […]

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Hong Kong Authorities Apprehend Bitcoin ATM Thieves Who Stole $30,000

Showing up in person to steal cash from a digital asset machine?

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Hong Kong: Huobi Exchange Subsidiary Bags Two Important Licenses from the SFC

Huobi Asset Management, the Hong Kong-based asset management subsidiary of Huobi Technology Holdings, has been granted a Type 4 (advising on securities) and a Type 9 (asset management) license by the Securities and Futures Commission (SFC), according to a report on August 3, 2020.

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Coinbase CEO says open finance is the solution to Hong Kong’s scrutiny against pro-democracy asset owners

Amongst other political activities and movements, the pro-democracy movement has continued to grow in popularity in Hong Kong. The pro-democracy movement, which has stirred national controversy has seen both its supporters and opposers speak vocally about where they really stand.

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ViaBTC Group Announces Strategic Upgrade to Advance Innovation and Improve Customer Experience

Hong Kong, 30 May, 2020 – ViaBTC Group, an innovative technology company specialized in blockchain and dedicated to providing users with comprehensive digital asset management services, today announced a strategic upgrade, which included a new organizational structure, product innovations and service improvements.

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Fireblocks Hits $30B In Digital Asset Transfers; Expands into APAC With 2 New Offices

Leading crypto security startup, Fireblocks has announced it is opening new offices in Asia in Singapore as well as Hong Kong. On April 30, Fireblocks revealed that its platform has so far transferred digital assets worth $30 billion and at the moment conducts transactions worth more than $7 billion every month. The firm revealed that […]

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CoinEx Announces Global Strategic Partnership with Matrixport to Provide Over-the-counter Service

Hong Kong, 27 April, 2020 – CoinEx, a global and professional cryptocurrency exchange service provider, is pleased to announce its new global strategic partnership with Matrixport, the one-stop digital asset financial service platform span off from Bitmain.

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Fidelity invests $14.2 million in Hong Kong Exchange

The fifth-largest investment manager in the world, Fidelity Investments, has invested $14.2 million in the company that operates Hong Kong-based crypto asset exchange, OSL, in a move to expand its involvement in the digital asset industry.

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