City Hong Kong Financial News
16.01 / 16:41
UPS
ETF
Samsung
Bitcoin
Samsung’s Investment Arm Gearing Up to Apply for Spot-Bitcoin ETF in Hong Kong
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com
13.01 / 09:47
ETF
Bloomberg
Samsung
Bitcoin
Samsung investment arm considering spot-Bitcoin ETF in Hong Kong
Hot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF) in Hong Kong, Samsung Asset Management has indicated it's considering the launch of a spot Bitcoin ETF on the city's exchange if policies allow for it.
12.01 / 22:57
Ethereum
Bitcoin
shortlist
Hong Kong is Setting Up a Shortlist of Tokens Retail Can Trade - Which Coins Will Make the List
Hong Kong’s financial regulator is expected to create a dedicated whitelist of tokens that retail users will be allowed to trade.
12.01 / 13:51
ETF
Samsung
Bitcoin
Samsung investment arm to launch Bitcoin Futures ETF amid rising crypto interest
In Hong Kong, the bell rings for Bitcoin (BTC). Samsung Asset Management Hong Kong (SAMHK), a subsidiary of Samsung's investment arm Samsung Asset Management, is set to list the "Samsung Bitcoin Futures Active ETF" on the Hong Kong stock market on Jan. 13.
11.01 / 16:23
regulation
Bitcoin
retail traders
Hong Kong watchdog aims to restrict retail traders to liquid products
The new licensing program, scheduled to take off in June, will restrict retail traders in Hong Kong to “highly-liquid” digital assets, according to the new CEO of Hong Kong’s Securities and Futures Commission (SFC), Julia Leung Fung-yee.
09.01 / 15:21
Government
regulation
Bitcoin
Hong Kong wants to become crypto hub despite industry crisis
The government of Hong Kong remains committed to the development of cryptocurrency infrastructure despite the ongoing industry crisis triggered by the FTX collapse.
09.01 / 14:29
cryptocurrency
Adoption
Financial
Hong Kong’s Financial Secretary Doubles Down on Crypto Hub Positioning Despite Crypto Winter
Paul Chan, Hong Kong's Financial Secretary, said that, despite the ongoing market downturn, the city would continue to work toward becoming a major crypto hub, attracting businesses from across the world.
05.01 / 14:21
Stablecoin
CBDC
regulation
lawmaker
Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi
Hong Kong authorities are looking for new designs for a central bank digital currency (CBDC), now proposing to issue a CBDC in the form of a stablecoin backed by the government.
05.01 / 08:45
cryptocurrency
Bloomberg
Opinion
FTX
safe
Will crypto ever be a safe investment?
In the annals of cryptocurrencies, 2022 will go down as the year when the industry nearly died. But then December saw the birth of a pair of exchange-traded funds in Hong Kong, offering new hope to both retail and professional investors.
02.01 / 12:05
Adoption
Investments
retail
SFC
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
Financial services providers in Hong Kong are already taking the first steps to provide services to retail investors, according to local reports. Brokers and fund managers in the region have reportedly asked for advice on licensing requirements ahead of new legislation.
29.12 / 02:39
Blockchain
Provident
network
Conflux Network Expands into Hong Kong
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
24.12 / 01:03
business
Fraud
2 executives of crypto exchange AAX arrested in Hong Kong: Report
Hong Kong police arrested two executives of the crypto exchange AAX accused of fraud and misleading the police, according to local media reports.
23.12 / 09:01
business
regulation
Web3
HK
HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years
A start-up accelerator co-founded by Hong Kong legislative council member Jonny Ng Kit-Chong wants to attract 1,000 Web3 businesses to set up shop in the city-state over the next three years.
19.12 / 16:27
Jackpot
Hedge funds have often shorted Hong Kong’s dollar peg but nobody’s hit the jackpot yet
When Bill Ackman revealed last month that he was betting the Hong Kong dollar’s peg to the greenback would break, he became the latest in a long line of speculators who have made similar wagers. Nobody has hit the jackpot.
16.12 / 19:15
Blockchain
Ethereum
Binance
ETF
Today in Crypto: MoneyGram Partners with Stellar Development Foundation, First Two ETFs Launched in Hong Kong, FTX Wants to Sell Four Subsidiaries
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
16.12 / 12:45
cryptocurrency
ETF
Bitcoin
CSOP bitcoin futures ETF closes higher in Hong Kong debut
Hong Kong's first bitcoin and ether futures exchange traded funds (ETFs) ended their first trading day higher on Friday, reflecting investors' interest despite the broader crypto market meltdown.
15.12 / 13:21
cryptocurrency
ETF
Bitcoin
crypto futures
Amid crypto turmoil, Hong Kong debuts first crypto futures ETFs
Two exchange traded funds (ETF) that track U.S.-listed cryptocurrency futures have raised a combined $73.6 million ahead of their debut on the Hong Kong stock exchange on Friday in defiance of the sector’s meltdown.
08.12 / 13:01
regulation
exchanges
TradFi
Hong Kong to subject crypto exchanges to the same laws governing TradFi
Hong Kong’s legislative council has passed a new amendment to its anti-money laundering (AML) and terrorist financing system to include virtual asset service providers.
05.12 / 15:47
Adoption
regulation
HashKey
Seba Bank
SEBA Bank partners with HashKey for institutional crypto adoption
With the crypto winter slowing down developments within the space, two digital asset-focused firms will work together to speed up digital asset adoption for institutions.
05.12 / 06:53
business
FTX
New York State
Alameda ex-CEO Caroline Ellison spotted in New York, Twitter users claim
A recent photo of what appears to be former Alameda Research CEO Caroline Ellison in a Manhattan coffee shop in New York has been making the rounds on Twitter.
02.12 / 11:43
Blockchain
Adoption
Hong Kong working on investor protection regulations, says central bank exec
Central bank governors from around the globe are currently in Thailand to discuss the role of central banks amid evolving financial technology. The conference is jointly hosted by the Bank of Thailand (BOT) and the Bank for International Settlements (BIS).
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