City Hong Kong Financial News
10.04 / 04:11
business
Blockchain
Adoption
exchanges
Bitcoin
Financial
‘Right time’ for Hong Kong’s Web3 push despite market flux — Financial Secretary
Now is the "right time" for Hong Kong to push forward with Web3 despite the crypto market fluctuations, according to the Financial Secretary of Hong Kong, Paul Chan.
07.04 / 19:59
business
Blockchain
Uniswap
Asia
Conflux proposes deploying Uniswap v3, setting up $2M liquidity pool for CFX pairs
Conflux, a regulatory-compliant public blockchain based in China, seeks to deploy the Uniswap v3 on its network, according to a proposal on Uniswap's governance forum on April 7. The move comes days after the Uniswap v3 code license expired, enabling developers to fork the protocol and deploy their own decentralized exchange (DEX).
06.04 / 11:33
business
regulation
Investments
Staking
Chinese state insurance firm launches two crypto funds in Hong Kong: Report
The Chinese government appears to be more bullish on the cryptocurrency industry than one might think, as a major state company is reportedly launching new cryptocurrency funds.
05.04 / 08:47
business
Adoption
regulation
Funding
Venture Capital
Banks
SFC
crypto rules
Hong Kong’s crypto rules set a high bar for ‘good reason,’ says SFC advisor
The standards for Virtual Asset Service Providers (VASPs) in Hong Kong are set “incredibly high” as the Securities and Futures Commission (SFC) is wanting the crypto industry to match the same compliance standards as traditional financial firms.
03.04 / 15:09
Binance
Digital
regulation
CEO
coinbase
BitMEX
New Report: U.S. Crypto Crackdown Boosts Hong Kong's Ambitions in Digital Asset Market – Best Crypto Destination?
The ongoing regulatory crackdown on crypto in the US could boost Hong Kong in its bid to become a new hub for the crypto industry.
03.04 / 15:09
Ethereum
Sport
Tether
coinbase
Bitcoin
Today in Crypto: Poloniex Partners with Mercuryo on Crypto Purchases, Hong Kong Hunting Six Scammers, DFINITY Foundation Launches ‘Twin’ Token ckBTC
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
02.04 / 02:55
business
regulation
us government
US crackdown will push crypto’s 'center of gravity' to Hong Kong: Kaiko CEO
The U.S. government's frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market data provider Kaiko.
30.03 / 14:39
UPS
Target
Digital
Strategy
crypto push
Hong Kong fund aims to bet $100M, thanks to city’s crypto push
Hong Kong is ramping up its efforts to become a regional fintech hub, with a new fund aiming to raise $100 million this year to invest in digital assets.
30.03 / 13:57
event
Adoption
regulation
Web3
Hong Kong turns to Japan for advice after ‘mind-boggling’ Web3 influx
In light of Hong Kong’s commitment to developing cryptocurrency infrastructure, fintech official King Leung has visited Japan to talk with policymakers and regulators in Tokyo to better understand the idea around Web3 digital assets.
30.03 / 10:09
Blockchain
Stablecoin
CBDC
regulation
Blockchain and regulated stablecoins to be widely used by 2030, industry execs say
Regulated stablecoins are currently in the spotlight of policymakers as a panel of professionals in the digital regulatory space unpacks their predictions on the use of regulated stablecoins in the future at the World of Web (WOW) Summit in Hong Kong.
30.03 / 09:37
Adoption
Crypto funds
fund
Hong Kong-Based Fund Set to Raise $100 Million for Web3 Startups Amid City's Crypto Revamp
A new Hong Kong-based fund is set to raise $100 million to invest in crypto companies as the city is accelerating toward its goal of becoming a global crypto hub with a more friendly regulatory stance.
30.03 / 08:21
business
Adoption
Investments
cryptocurrency investment
Hong Kong fund plans to raise $100 million for crypto investment
As Hong Kong is again opening up to the crypto market, local investors are launching a $100 million fund to finance the digital industry. The new fund, ProDigital Future, will aim at early-stage Web3 companies oriented at the regional market.
30.03 / 08:21
defi
Hackers
regulation
security
Decentralization
KYC
NOT
DeFi KYC: Not an issue as ‘99% have nothing to hide,’ industry execs say
DeFi execs at a WOW Summit panel argued that implementing “Know Your Customer” (KYC) measures will tackle the “biggest issue” in decentralized finance (DeFi), which is hackers laundering millions of stolen funds into “clean money.”
29.03 / 08:57
Citi
Provident
Digital
Huobi
How will OKB react as OKX expands to Asian markets? Analyzing…
OKX [OKB], one of the largest crypto exchanges by trading volume, announced the formation of its Hong Kong affiliate to launch its digital assets trading services, as more participants get drawn towards the region’s pro-crypto policies.
28.03 / 15:23
Blockchain
security
EOS
USDC
Fidelity
Testnet
network
EVM
Today in Crypto: USDC Released on Stellar Throughout Coinme, THORChain Halts & Resumes Network, EOS EVM Testnet Goes Live, OKX to Apply for Hong Kong License
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
28.03 / 09:31
Adoption
Banks
boost
Crypto Firms in Hong Kong Get Boost as Regulators Host Meeting with Bankers
Hong Kong officials plan to host a meeting between crypto companies and bankers in an attempt to ease financing for the sector as the city pushes toward becoming a global crypto hub.
27.03 / 15:22
UPS
Digital
Platform
Hong Kong Crypto
Hong Kong crypto firms notice high interest from Chinese banks
Chinese state-owned banks have reportedly proven to surprise supporters of cryptocurrency companies by setting up shops in Hong Kong.
27.03 / 09:35
Adoption
Chinese State-Owned Banks Extend Crypto-Friendly Hand to Hong Kong Firms
China’s state-owned banks are offering services to local cryptocurrency companies in Hong Kong as the city embraces a more friendly regulatory stance.
27.03 / 06:35
business
regulation
exchanges
Bitcoin
Hong Kong Crypto
Hong Kong crypto firms seeing interest from Chinese banks: Report
Crypto firms setting up in Hong Kong ahead of a new licensing regime for crypto exchanges in June have reportedly found some unexpected allies in the region — Chinese state-owned banks.
23.03 / 15:49
Citi
Provident
Digital
XRP
CEO
Platform
Bitcoin
expansion
regulatory
Aussie Crypto Exchange Eyes Hong Kong Expansion Amid Favorable Regulatory Landscape
As the United States grapples with the challenges posed by an evolving cryptocurrency landscape, Asia emerges as a beacon of innovation and opportunity for digital asset businesses.
23.03 / 09:49
business
Blockchain
Adoption
regulation
Aussie crypto exchange hints interest in Hong Kong base, but it’ll depend
Australia-based crypto exchange Independent Reserve is looking at opportunities to set up shop in Hong Kong, as the city continues efforts to become a cryptocurrency hub.
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