‘We want to make ICOs great again,’ says Trump’s WLF co-founder

Zak Folkman, co-founder of Donald Trump’s World Liberty Financial, discussed memecoin regulations and ICOs with Tron founder Justin Sun at Consensus Hong Kong.

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Hong Kong to focus on tokenization and stablecoins moving forward

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…

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OKX's Hong Fang: 2025 Will Be a Year of Self-Custody

The increasing popularity of decentralized exchanges and an awareness of centralization risk is raising demand for self-custody, says OKX's President.

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Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express

China banker says Trump’s Bitcoin plan contradicts his US dollar dreams as Hong Kong busts deepfake AI pig butcher scammers. Asia Express.

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Edith Yeung Sees Big Things to Come for Crypto in Hong Kong

A venture capitalist who was one of the first investors in Solana says building liquidity is now key to Hong Kong’s development as a crypto hub.

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Hong Kong Treasury says crypto is not a ‘target asset’ for its Exchange Fund

The Hong Kong Treasury Department does not consider crypto to be a ‘target asset’ for the nation’s Exchange Fund, even though it does invest a small portion of funds into crypto assets.

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Circle CEO predicts stablecoins will play major role in Hong Kong trade

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)…

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Hong Kong to create Bitcoin reserves? Legislative Council's Johnny Ng says...

Legislative Council member Johnny Ng proposed the integration of Bitcoin into Hong Kong's financial reserves. Meanwhile, Trump pledged a strategic U.S. Bitcoin reserve, boosting national economThe post Hong Kong to create Bitcoin reserves? Legislative Council's Johnny Ng says... appeared first on AMBCrypto.

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Hong Kong’s SFC chief praises Bitcoin

Hong Kong’s Securities and Futures Commission chief Julia Leung says Bitcoin is clearly showing its power to stay as an “alternative asset.” Bitcoin, the largest crypto by market capitalization, is here to stay as it succeeded over the past 15…

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Worldcoin ‘disappointed’ with ban in Hong Kong, says authorities ‘overlooked’ aspects

The Worldcoin Foundation expressed disappointment with Hong Kong regulatory authorities’ recent ban, emphasizing its commitment to lawful operation and data privacy compliance. The Worldcoin Foundation has expressed its disappointment with the recent decision by Hong Kong regulatory authorities to ban…

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Worldcoin Operations Violate Privacy and Should Cease, Hong Kong Regulator Says

Privacy Commissioner for Personal Data personnel visited 10 of the project's locations in December and January.

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Forget Bitcoin and Ethereum, Altcoin ETFs Are The Real Deal, Market Expert Says

The approval of Spot Bitcoin and Ethereum ETFs by the Hong Kong Securities and Future Commission in mid-April 2024 indicated that more regulatory bodies of different regions are beginning to view crypto investments in a more positive light, and this opened the floodgate of several filings of spot ETFs, especially […]

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Bitcoin’s halving unlikely to affect price in next 18 months, Kaiko says

Bitcoin’s halving won’t spark a lasting bull run over the next 12-18 months, relying on new investors through spot ETFs in the U.S. and in Hong Kong. The highly anticipated fourth Bitcoin halving is expected to have a less significant…

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Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst

One of the issuers waived management fees for the first six months, undercutting rival offerings.

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Hong Kong’s New Bitcoin, Ethereum ETFs Will Be ‘Lucky’ To Attract $500 Million Inflows, Expert Says

Bloomberg’s senior ETF analyst Eric Balchunas has thrown cold water on the excitement surrounding the new spot crypto products after suggesting they are not as big of a deal as some crypto enthusiasts may think.

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Hong Kong Approves the First Batch of Spot Bitcoin ETFs, Issuer Says

Hong Kong has reportedly approved its first batch of spot bitcoin ETFs, with multiple issuers announcing they received permission to launch the Bitcoin funds.

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After Middle East crisis, will Hong Kong's ETF approval save BTC? Peter Schiff says...

BTC retested $60K amidst an escalation in Middle East tensions over the weekend.  Peter Schiff claims a drop below $60K will be risky for Bitcoin and its holders, including MicroStrategy.  The post After Middle East crisis, will Hong Kong's ETF approval save BTC? Peter Schiff says... appeared first on AMBCrypto.

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Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says

Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.

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China’s largest mainland equity funds quietly join spot Bitcoin ETF market, report says

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)…

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Cathie Wood calls on US regulators to emulate Hong Kong’s cryptocurrency policies

Cathie Wood spoke on several key topics shaping the future of the blockchain and crypto industries. Word to the wise, she says: Look at what Hong Kong is doing.

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Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License

Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.

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HSBC Hong Kong to allow investments into virtual assets in 2024

HSBC’s Hong Kong investments head, Sami Abouzahr, says asset tokenization is one of the top priorities for the bank for this year. HSBC Hong Kong is set to double down on asset tokenization as part of the bank’s development strategy…

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Hong Kong Chief Says Regulators May Get Powers to Crack Down on Unlicensed Crypto Exchanges: Report

The Securities and Futures Commission said it does not have the power to close unlicensed crypto exchanges.

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Bitget abandons registration plans in Hong Kong

Bitget’s local arm in Hong Kong says it decided to drop business and market-related considerations in the region. Cryptocurrency exchange Bitget is backing out of its plans to obtain a license for Virtual Asset Service Provider (VASP) in Hong Kong.…

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Hong Kong ‘ready’ to capitalize on crypto’s next bull run: Hashkey Capital

Hashkey Capital partner of liquids funds and research, Jupiter Zheng, says the crypto sector in Hong Kong is now primed for significant growth over the next four to five years.

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JPEX Scandal Can’t Ruin Hong Kong’s Web3 Vision, Says Financial Secretary

The recent JPEX scandal has scarred the reputation of Hong Kong’s crypto industry, raising questions about the future of web3 and digital assets in the region. However, a speech by the region’s Financial Services and Treasury Secretary, Christopher Hui, at the ongoing Hong Kong Fintech week put minds at ease. Hui declared that the $165 […]

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Hong Kong Finance Secretary Says New Tokenization Rules in the Pipeline

Hong Kong's Financial Services and Treasury Bureau has announced new fintech and tokenization initiatives, including regulatory clarity on tokenized securities and an Integrated Fund Platform. Visa also highlighted tokenization's potential.

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Retail CBDC Could Add Unique Value, but Further Investigation Is Needed, Hong Kong Central Bank Says

A retail central bank digital currency could add unique value to the existing payments ecosystem and enable new types of economic transactions, but further investigation is needed, Hong Kong's central bank said.

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OSL owner denies reports of selling crypto business in Hong Kong

BC Technology says statements in Bloomberg’s article are ‘factually inaccurate and highly misleading.’ Hong Kong’s BC Technology Group Ltd. has denied recent reports saying that the company is exploring the sale of its licensed crypto platform OSL. In a recent…

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Retail stablecoin trading in Hong Kong not allowed yet, official says

Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024.

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Hong Kong Stock Exchange Launches Blockchain-Based Settlement Platform

HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency.

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Russians and Ukrainians turn to Hong Kong to store money in crypto, report says

Hong Kong-based OTCs say the region has become a safe harbor not only for crypto multimillionaires but for ordinary people, too.

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Chainalysis: Hong Kong and China’s OTC Markets Remain Active Despite Crypto Winter

East Asia represents almost 8.8% of all transactions globally, a report from the research firm says.

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Hong Kong to Disclose All Crypto License Applicants After JPEX Probe

Securities and Futures Commission says decision was made in light of public demand

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Hong Kong to list ‘suspicious’ crypto platforms in wake of JPEX scandal

In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms.

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Hong Kong Edges Closer to Regulatory Framework for Stablecoin, Lawmaker Says

A Hong Kong politician describes significant progress toward finalization of a framework governing stablecoin issuance. The post Hong Kong Edges Closer to Regulatory Framework for Stablecoin, Lawmaker Says appeared first on BeInCrypto.

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JPEX Drama Shows Need for Crypto Regime, Hong Kong Leader Says

The territory’s leader urged investors to use licensed platforms and promised more education about crypto risks

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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.

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‘Breakthrough growth’ will be driven by Web3: Hong Kong financial secretary

Paul Chan says that blockchain and Web3 tech will be responsible for the next big wave of growth in Hong Kong’s digital tech sector.

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Tokenization Could Improve Bond Market Efficiency, Hong Kong Regulator Says

A successful $100 million tokenized green bond issuance earlier this year has convinced the Hong Kong Monetary Authority to continue exploring tokenization to improve financial markets.

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Hong Kong regulator says oversight will strengthen crypto market

Leung Fung Yee, CEO of Hong Kong's SFC, supports regulating virtual asset service providers to promote crypto innovation and market trust

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Hong Kong says Cyberport attracted 150 Web3 firms in a year

The country’s financial secretary says state funding and support have helped draw Web3 innovators to the digital hub.

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Hong Kong Regulator Pushes Banks to Welcome Crypto Firms, FT Says

Amid US regulators cracking down on crypto, Hong Kong is trying not to miss its chance to attract scared Web3 services

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First Mover Asia: Hong Kong as Crypto Hub? The City's Strict Banking Requirements May Be an Obstacle

A Hong Kong-based entrepreneur says that while the digital assets regulation is "overall friendly," banking regulations will make the industry's growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters.

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Justin Sun says Huobi could get Hong Kong license in 6 months

Huobi could be licensed as a crypto trading provider in Hong Kong by the end of the year, Justin Sun, the founder of Tron and a Huobi Global advisor has said. The Huobi Token rose briefly to trade above $3.

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Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin

The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation.

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Experts Tip China To Get Bullish on Crypto, Says New Digital Asset Framework In Hong Kong Is “Testnet” For China

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China state-owned Greenland to apply for Hong Kong virtual asset trading license

The real estate developer’s fintech unit already has a digital banking license in Singapore; “We are ready to step into Hong Kong,” CEO says.

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Hong Kong to Allow Crypto Exchanges to Trade BTC and ETH, But There's a Catch

Hong Kong regulator says crypto exchanges will be welcome, but there is one major nuance

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