Hong Kong
Crypto Tax Breaks: Hong Kong’s New Plan to Rival Global Investment Hubs
Hong Kong has publicized plans to widen its tax-exemption net. The recent proposal highlights Hong Kong’s intention to attract more business. Hong Kong aims to…
Hong Kong’s Real-World Asset Tokenization Push: “Ensemble” Project to Fuel $10 Trillion Market
Hong Kong's Ensemble project is accelerating the growth of real-world asset (RWA) tokenization. OSL has partnered with global firms like Franklin Templeton to offer compliant…
Circle’s Allaire Sees Hong Kong as Key Stablecoin Market
Circle CEO Jeremy Allaire reveals the firm’s plans to expand its stablecoin market to Hong Kong. Allaire identifies Hong Kong as a significant market for…
Hong Kong to License All Crypto Exchanges by Year-End
Hong Kong to license more crypto exchanges by 2024, enhancing regulatory compliance. New AI policy in finance promotes innovation while addressing regulatory challenges. Proposed tax…
Hong Kong SFC to Issue New Crypto Exchange Licenses This Year
Hong Kong’s Securities and Futures Commissions (SFC) set to issue new licensing for crypto exchanges. In a bid to regulate OTC and Custody services, the…
ZA Bank Approved for Crypto Trading Services in Hong Kong
ZA Bank obtains SFC approval for a Type 1 license, allowing crypto trading services. The bank’s approval aligns with Hong Kong's regulatory push to control…
Bitcoin Reaccumulation: Is a Parabolic Run Next?
Bitcoin climbed above $66,000 on Friday, highlighting the growing bullish momentum. Exiting the accumulation period could trigger Bitcoin’s parabolic run. Hong Kong plans to become…
Hong Kong Police Bust Crypto Scam Ring, 25 Arrested
25 men and women have been taken in custody by Hong Kong authorities. The group is deemed responsible for 39 crypto scams cases. 23 men…
Virtual Asset Trading Drives Growth in Hong Kong’s Markets
Securities industry profits rose 50% to HKD 19 billion in 1H 2024. Virtual asset trading generated HKD 77 million in revenue for the first time.…
$125,000 Stolen From Crypto Exchange in Hong Kong, Two Men Caught
2 men have been arrested in Hong Kong for stealing $125K. The two men were allegedly running a fake virtual currency exchange shop. The shop…
