Hong Kong

Hong Kong’s Bitcoin ETF market is gaining traction, with the combined holdings of the three major funds reaching 4,500 BTC, according to recent data. The ChinaAMC Bitcoin ETF (3042.HK), Harvest...

Hong Kong-based digital asset company IDA has successfully raised $6 million in seed funding, with major backing from blockchain investors CMCC Global’s Titan Fund and Hashed. This investment propels IDA...

The Hong Kong Monetary Authority (HKMA) launched the Ensemble Project Sandbox today, reflecting the city’s push towards tokenizing traditional financial and real-world assets. Local sources report the first phase of...

Hong Kong is quickly becoming a major player in the Web3 world, according to Yat Siu, CEO of a leading digital property rights firm. In a podcast, Siu observed that...

Binance exchange has been recognized by the Organized Crime and Triad Bureau (OCTB) of the Hong Kong Police Force (HKPF) for its help in cracking a recent kidnapping case. As...

Hong Kong’s crypto hub ambitions hit a snag as exchanges grapple with strict licensing requirements from the Securities and Futures Commission (SFC). On-site inspections by the SFC have revealed shortcomings...

Wu Jiezhuang suggested that Bitcoin be included in strategic fiscal reserves. Jiezhuang’s suggestion highlights Donald Trump’s campaign speech. Michael Saylor thinks Bitcoin is superior to physical capital. Hong Kong SAR...

Hong Kong’s Financial Services and the Treasury Bureau (FSTB) announced its upcoming release of the stablecoin consultation report results. This move is part of the region’s effort to draft legislative...

Hong Kong authorities are reportedly gaining experience in handling crimes involving cryptocurrencies. According to a recent report, authorities in Hong Kong thwarted a kidnapping attempt where the kidnappers demanded a...

Hong Kong’s Securities and Futures Commission (SFC) has issued a warning about seven entities suspected of crypto fraud, underscoring the risks facing investors in the city’s rapidly growing digital asset...

Hong Kong regulators are keeping crypto regulations in view. Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, announced today that regulators will monitor market developments and review...

The co-founder and chief strategy officer of HKbitEX, Lu Tingkuang, thinks Hong Kong has a more convenient crypto licensing regime than places like Singapore and the U.S. According to Tingkuang,...

Hong Kong’s Financial Services Director has highlighted the region’s strategic positioning. Hong Kong is the only city enjoying global and Chinese advantages. About 80% of the over 2,600 companies listed...

In a video interview at the Greenwich Economic Forum in Hong Kong, Ark Investment Management CEO Cathie Wood reaffirmed her firm’s strategic position in AI assets. According to the report,...

Two individuals connected to the JPEX scandal have filed a lawsuit in Hong Kong courts seeking to recover HK$5.5 million (approximately $703,300). The lawsuit names plaintiffs Herbert Lee Sung-him and...

Hong Kong’s Securities and Futures Commission (SFC) has announced that 11 virtual asset trading platforms (VATPs) are poised to receive official licenses, a year after the city introduced new regulations...

Bybit, a leading Virtual Asset Trading Platform (VATP), has withdrawn its application for a license to operate in Hong Kong, joining a growing list of international platforms unable to secure...

Hong Kong’s “Technology Crime Police Advisory Group” identifies stigmatization as a key challenge in fostering Web3 growth in the region. The group asserts that inaccurate labeling of web3 concepts like...

Hong Kong Acting Financial Secretary Wong Wai-lun affirmed the city’s active engagement in the establishment of a crypto hub, a vision that Hong Kong has long embraced. Wai-lun asserted that...

Regulatory pressure from mainland China is prompting many top crypto firms to withdraw their license applications in Hong Kong. According to reports, local affiliates of top exchanges with ties to...

The Office of the Privacy Commissioner for Personal Data (PCPD) has determined that Worldcoin’s activities in Hong Kong violated the city’s Privacy Ordinance. Privacy Commissioner Chung Liling has issued an...

Following the recent launch of spot Ethereum ETF in Hong Kong, OkLink, a global leader in blockchain data services, expressed optimism about regulators approving similar products for other leading blockchain...

Hong Kong launched a pilot program allowing residents to use China’s CBDC, the e-CNY, for the first time outside mainland China. This initiative marks a significant step in China’s efforts...

According to reports by the Hong Kong Police Force (HKPF), three employees of a crypto exchange shop in Tsim Sha Tsui have been detained following allegations of a cryptocurrency scam. ...

Hong Kong’s six spot Bitcoin and Ethereum exchange-traded funds (ETFs) experienced their largest net outflows of $38 million on Monday since their inception on April 30. The trio of spot...