Hong Kong

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Bybit, a leading Virtual Asset Trading Platform (VATP), has withdrawn its application for a license to operate in Hong Kong, joining a growing list of international platforms unable to secure...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

A Hong Kong businessman and his son were arrested in the investigation of a cryptocurrency investor’s abduction. The pair, aged 70 and 30 respectively, surrendered to police on Wednesday afternoon...

Hong Kong’s cryptocurrency custodians and exchanges find themselves at odds over the custody of customer assets, sparking a contentious debate within the city’s burgeoning crypto industry. At the forefront of...

Hong Kong’s ETFs witnessed low trading volumes in the initial four trading days. The Bitcoin ETFs marked $5.5 million in trading volume on Friday, much lower than the first day....

Interest among Hong Kong bankers in Middle East opportunities grows. Bahrain-based Investcorp Holdings recently unveiled plans to launch a $1 billion fund. The favorable tax environment in the Middle East,...

The Bitcoin market experienced a wave of selling pressure yesterday, with Bitcoin ETF outflows reaching a weekly high of $162 million. This comes just a day before the highly anticipated...

Fund management company ChinaAMC has reportedly exhibited a remarkable IOP (initial offering period) scale, totaling approximately US$142 million. As per Chinese crypto reporter Colin Wu’s X post on Wu Blockchain...

Hong Kong is poised to introduce a series of cryptocurrency exchange-traded funds (ETFs), taking a cue from the United States’ efforts. Hong Kong wants its tier 1 level cities to...

After months of inactivity, Hong Kong police authorities have begun to freeze assets totaling over US$29 million associated with JPEX, a crypto exchange that collapsed in September 2023.  In another...

Hong Kong regulators may approve Bitcoin and Ethereum spot ETF on Monday. At least four Chinese and Hong Kong asset managers have filed to launch crypto spot ETFs. Hong Kong...