Hong Kong Crypto Financial News

29.05 / 10:43

regulation Hong Kong Crypto Hong Kong SFC to Conduct On-Site Inspections of Crypto Platforms after Licensing Deadline

The Hong Kong Securities and Futures Commission (SFC) has announced that it will be conducting on-site inspections of local virtual asset trading platforms (VATPs) that have not yet completed their regulatory applications after the licensing deadline of June 1.

25.06 / 11:49

Digital Platform trends Trade Hong Kong Crypto prevention Hong Kong Officials Promote Ready-to-Move Tech Hub for Canadian Web3 Startups

Hong Kong government entities have attended a tech conference in Toronto, where they showcased the city’s offshore ready-to-move technology hub for Canadian crypto and Web3 startups.

23.05 / 10:31

UPS Digital Platform security Trade Hong Kong Crypto Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application

Gate.io’s Hong Kong entity, Gate.HK, is winding down its operations. It has also withdrawn its application for a crypto trading platform license in the region.

23.04 / 10:41

SFC Hong Kong Crypto compliance regulatory Hong Kong Officials Recommends Self-Regulatory Committee for Compliance Monitoring in Crypto Industry

The Hong Kong Securities & Futures Professionals Association (HKSFPA) advocated establishing a self-regulatory committee within the city’s crypto firms to enhance compliance monitoring on April 22.

12.04 / 21:05

Bitcoin Etf Hong Kong Crypto ethereum etf Hong Kong Set to Approve Bitcoin and Ether ETFs as Early as Monday

Hong Kong is expected to approve Bitcoin and Ether ETFs as early as Monday, according to two sources familiar with the matter, marking a big step for the cryptocurrency industry in the region.

01.04 / 20:31

Hong Kong Crypto Chinese Government Launches New Blockchain Infrastructure Platform Led by Conflux

On April 1, the Chinese government announced a groundbreaking initiative led by Conflux Network: the “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative.”

11.03 / 08:35

Hong Kong Crypto spot ETF Financial Hong Kong Financial Institutions Eye Ethereum ETFs to Bolster Global Crypto Market Position

In the wake of the successful launch of Bitcoin spot ETFs in the United States, financial institutions in Hong Kong are gearing up to tap into the growing demand for cryptocurrency investment products.

07.03 / 16:11

CBDC Hong Kong Crypto Hong Kong Central Bank Launches Wholesale CBDC Project to Foster Tokenization

Hong Kong’s central bank has announced the launch of a new project called “Project Ensemble,” aimed at supporting the development of the tokenization market in the city-state through a wholesale central bank digital currency (wCBDC).

09.02 / 22:13

SFC Hong Kong Crypto Hong Kong’s SFC Issues Warning on MEXC for Alleged Crypto Fraud

Hong Kong’s Securities and Futures Commission warned the public of an allegedly fraudulent crypto exchange today.

29.01 / 09:09

Digital ETF security Bitcoin spot bitcoin ETF Hong Kong Crypto Scandals asset manager Top Chinese Asset Manager Moves to Launch Bitcoin ETF in Hong Kong

The Hong Kong subsidiary of Chinese asset management firm, Harvest Fund Management, applied for a spot Bitcoin ETF on Jan. 26.

27.12 / 17:47

crypto regulation stablecoin regulation Hong Kong Crypto Lawmaker Raises Red Flags Over Hong Kong’s Stablecoin Regulation Proposal

Today, Hong Kong’s financial authorities—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA)—unveiled their plan to implement new stablecoin regulations. Not everyone thinks this is a good development for crypto markets, however.

28.11 / 18:15

Hong Kong Crypto Hong Kong Police Receive 145 Complaints of Hounax Crypto Scam Totaling $18.9M

Authorities in Hong Kong have confirmed that 145 individuals filed complaints regarding losses from an unlicensed cryptocurrency exchange called Hounax. Police report the total losses amount to around $18.9 million.

07.10 / 07:39

Hong Kong Crypto Hong Kong Looks to Curb Retail Stablecoin Trading Amid Crypto Adoption

Hong Kong is considering measures to restrict retail stablecoin trading for individual investors in response to the increasing adoption of cryptocurrencies, as stated by a local official. It is important to note that retail stablecoin trading is currently not permitted in Hong Kong.

31.08 / 09:49

Blockchain Ethereum Citi Reuters ETF Strategy Bitcoin Hong Kong Crypto 'Altcoins' central to Hong Kong crypto firm Hashkey's first liquid fund

Hashkey Capital will invest a significant part of its assets in second-tier cryptocurrencies, with a goal of outperforming market leader Bitcoin, its portfolio manager said. The fund, run by the investment arm of Hong Kong crypto giant Hashkey Group, launches on Friday. It has already secured potential clients, mainly high-net-worth individuals and investment firms serving rich Asian families, Jupiter Zheng told Reuters. Less than 50% of its investments will be in Bitcoin and Ethereum, the two biggest crypto currencies.

20.04 / 17:29

business Blockchain Hong Kong Crypto crypto ETFs regulatory Despite regulatory clarity, Hong Kong crypto ETFs experience lukewarm demand

According to a report published by the Hong Kong Stock Exchange (HKSE), two Bitcoin (BTC) exchange-traded funds (ETF) and an Ethereum (ETH) ETF listed on HKSE averaged 9.30 million Hong Kong dollars ($1.19 million) in daily trading volume from Dec. 16, 2022, to Feb. 7, 2023. As the first region in Asia to provide such access to crypto ETF products, Hong Kong exchange operators praised regulator clarity for its role in "seizing opportunities in virtual asset development."

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 / 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.

15.12 / 17:35

ETF stock exchange Bitcoin Hong Kong Crypto crypto futures Hong Kong crypto futures ETFs raise over $70M ahead of debut

Crypto futures exchange-traded funds (ETFs) managed by CSOP Asset Management have raised $73.6 million in investments ahead of their listing on the Hong Kong stock exchange on Dec. 16.

Hong Kong Crypto Financial News

popular questions about Hong Kong Crypto

What is Hong Kong Crypto and why is it gaining attention?

Where can I find the latest updates on Hong Kong Crypto?

How can I verify the accuracy of information on Hong Kong Crypto?