Hong Kong Financial News

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 / 23:49

business CBDC Central Bank China's central bank includes digital yuan in report on currency circulation

The People’s Bank of China, or PBoC, has begun including the country’s central bank digital currency, the e-CNY, in reports measuring the amount of currency in circulation.

11.01 / 17:19

Digital Yuan Pilot Expands into Wealth Management, Securities & Education

The central People’s Bank of China (PBoC)’s digital yuan is set to expand into the world of wealth management – and has also broken new ground in the field of education.

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.

11.01 / 01:31

business Stablecoin Binance Dollar Backed Binance pushes back against report stablecoin isn’t fully backed

Major crypto exchange Binance initially pushed back against a Bloomberg report that its Binance-Peg BUSD stablecoin “doesn’t always appear to have been completely backed by BUSD”.

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.

08.01 / 13:13

CES Time China welcomes overseas visitors for the first time in three years

China has lifted quarantine requirements for inbound travellers, ending almost three years of self-imposed isolation.

05.01 / 18:49

London Metal Exchange chair Gay Huey Evans steps down

The chair of the London Metal Exchange is stepping down and will not seek re-election to the position, the exchange said in a 5 January statement.

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 / 18:21

Kucoin Target Telegram CoinMarketCap Future Deal Calvaria Presale Raises $2.63m, Only 15% of Tokens Left – KuCoin Wallet Deal Hints at Future KuCoin Listing?

London, England, Monday, January 2nd, 2023 – Crypto’s latest play-to-earn (P2E) battle card game, Calvaria, has only $440k left to raise before its presale ends, so there’s no time to lose to get onboard.

02.01 / 18:21

Blockchain Gaming Legal Today in Crypto: $62M in Crypto Stolen in December, Gaming Giant Square Enix 'Most Focused' on Blockchain Entertainment

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

02.01 / 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.

01.01 / 20:43

France urges all EU countries to test Chinese travellers for COVID

France is urging all European Union countries to start testing passengers arriving from China for COVID, amid an outbreak sweeping the Asian nation.

30.12 / 15:27

business Blockchain FTX Celsius Investors seek to sell FTX, Celsius, BlockFi, Voyager claims

Instead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, are looking to pass on their claims to others.

30.12 / 13:41

inflation Central Bank banking Lira Central Bank Digital Currency: Turkey's Central Bank Conducts First Transactions of Digital Lira – Will Other Countries Follow Suit?

The Central Bank of the Republic of Turkey (CBRT) has completed the first trial of its central bank digital currency (CBDC), the Digital Turkish Lira.

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 / 19:09

Prison The Serpent: Notorious French serial killer released from Nepal prison

French serial killer Charles Sobhraj was freed from prison in Nepal on Friday after serving most of his sentence for the murders of Western backpackers.

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.

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