Tag: hong kong
Hong Kong to License Digital Asset Exchanges by 2024 and Expand Cryptocurrency Regulations
Hong Kong has announced that it will begin licensing digital asset exchanges by the end of 2024, following a five-month review of the crypto industry. [...]
Hong Kong Police Arrest 25 in Major Cryptocurrency Scam and Money Laundering Operation
Hong Kong authorities have arrested 25 individuals involved in a cryptocurrency scam and money laundering ring. The operation, conducted by the Wong T [...]
Hong Kong Embarks on Crypto Hub Dreams as SFC Takes a Stern Stance on Licensing
Despite the vision to establish Hong Kong as the premier blockchain and cryptocurrency hub, a significant setback has arisen concerning cryptocurrency [...]
Hong Kong Introduces Asia’s First Bitcoin Futures Inverse Product
Hong Kong is set to make a landmark move on 23 July 2024 with the launch of Asia's first Bitcoin futures inverse product, the CSOP Bitcoin Future Dail [...]
Hong Kong’s Spot ETF Faces Challenges Despite Growing Institutional Interest
Despite a growing institutional engagement, Hong Kong's virtual asset spot ETF has challenges because most banks are still dragging their feet due to [...]
Hong Kong Lobby Gears up to APPROVE 11 New Crypto Exchanges
Through the efforts of Hong Kong securities, 11 new exchanges in cryptocurrency are awaiting approval, including Crypto. Com and Bullish. This is with [...]
Bybit Exits Hong Kong Due to Increasing Regulatory Pressures
Bybit, a now popular Virtual Asset Trading Platform (VATP), has recently canceled the application to operate a business in Hong Kong. This move puts B [...]
Police advisory group challenges Hong Kong to fight against Web3 misconceptions
The Technology Crime Police Advisory Group of Hong Kong urges people to take the war against wrong perceptions about Web3. The group pointed out that [...]
Hong Kong to Ensure Crypto Platforms Pass Compliance Examination Amidst the Deadline
Growing a new regulatory environment paved the way for establishing Hong Kong’s cryptocurrency hub amid the critical compliance deadline. Recently, th [...]
U.S. Spot Bitcoin ETFs See $66 Million Inflows in One Day
Yesterday, the U.S. spot Bitcoin exchange-traded funds (ETFs), recorded nearly $66 million in net inflows. This was a huge step in investors' approach [...]