Tag: Hong Kong
Hong Kong Crypto Exchange HashKey Raises $100M, Reaches $1.2B Valuation
In October, CoinDesk reported that crypto fundraising in the third quarter of 2023 reached a three-year low of $2.1 billion across 297 deals, the smal [...]
Imminent Approval of U.S. Bitcoin ETF Boosts Crypto Market Optimism
The SEC has requested that issuers have their authorized participant agreement – describing who will play the key role of creating and redeeming ETF s [...]
HKMA, FSTB Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers
The jurisdiction's central bank, the Hong Kong Monetary Authority (HKMA), and the Financial Services and the Treasury Bureau (FSTB) are seeking feedba [...]
Hong Kong’s SFC, HKMA Say They Will Consider Applications for Spot Crypto ETFs
Hong Kong has been loosening its approach to crypto this year, and the regulators' opinion on retail exposure to digital assets has shifted. In Octobe [...]
Buying property in Asia? Real estate specialists give their investment tips
Hong Kong residential prices could fall by another 10% in 2024, according to DBS Hong Kong.Bloomberg | Bloomberg | Getty ImagesHong Kong's property ma [...]
Julia Leung: Positioning Hong Kong as a Crypto Hub
A former journalist, Leung is the world's most powerful female financial regulator in an increasingly important center for crypto.
www.coindesk.com [...]
Hong Kong Securities Trade Group Proposes Portal for ICOs
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
Victory Securities (8540) Receives Retail Crypto Trading License From H.K.’s Securities and Futures Commission (SFC)
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
BitgetX HK Unit Halts Operations, Won’t Apply for Crypto License
"It is with a heavy heart that we inform you that due to business and market-related considerations, we have decided not to apply for a Virtual Asset [...]
UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg
In the past few days, Hong Kong has moved towards allowing retail investors to buy spot crypto Exchange Traded Funds (ETFs) and primary dealing of tok [...]
Hong Kong’s SFC Greenlights Some Tokenized Securities-Related Activities
“SFC has been assessing various proposals on tokenization of SFC-authorised investment products, for example, some for primary dealing of a tokenized [...]
Central Bank Digital Currency, or e-HKD, Could Add Unique Value, but Further Investigation Is Needed, HKMA Says
The report said the pilot found that an e-HKD could add value in three main areas – programmability, tokenization and atomic settlement – with the pot [...]
The Securities and Futures Commission (SFC) Reverses Stance on Spot-Crypto, Crypto ETF Investing
Hong Kong's ambitions to become a virtual asset hub became apparent when it implemented a new regulatory regime in June, accepting applications for cr [...]
China Told Some Brokers to Cut Back Proprietary FX Trading
China told some brokerage firms to reduce proprietary trading in the foreign-exchange market, according to people with knowledge of the matter, markin [...]
Hong Kong Dollar (HKD USD) Traders Ignore HKMA to Stick With FX Carry Bets
Hong Kong’s intervention to support the local dollar has made just a minor dent in traders’ bearish bets, suggesting more liquidity will need to be dr [...]