Bitcoin News / Bitcoinist - 9 months ago
In a recent announcement responding to regulatory scrutiny, the Floki Inu crypto team “blocked” its staking programs in Hong Kong. This decision follows a warning from the Hong Kong Securities and Futures Commission (SFC), which labeled F...
Bitcoin News / Google News Bitcoin - 9 months ago
Hong Kong Regulator Receives First Application for Bitcoin Exchange-Traded Fund (ETF): Report& & The Daily Hodl
Cryptocoins News / Blockchain - 9 months ago
Hong Kong's SFC mandates 50% insurance coverage for licensed crypto exchanges, with OSL and HashKey Exchange leading compliance by securing extensive insurance policies for customer asset protection. (Read More)
Cryptocoins News / Blockchain - 9 months ago
Hong Kong Securities and Futures Commission approves its first spot Bitcoin ETF, following the US SEC's lead, signaling a major milestone for cryptocurrency in mainstream finance. (Read More)
Bitcoin News / Bitcoin.com - 9 months ago
A Hong Kong watchdog, the SFC, has cautioned investors about the enticing yet potentially risky ‘Floki Staking Program’ and ‘Tokenfi Staking Program,’ which offer high annualized returns without the required regulatory green l...
Bitcoin News / Bitcoin.com - 9 months ago
Hong Kong will now focus on regulating over-the-counter (OTC) cryptocurrency trading, according to local sources. Under Secretary for Financial Services and the Treasury Joseph Chan Ho-lim stated that the government will aim to mitigate the risks of...
by COINS NEWS - 9 months ago
I feel like it's a big headache trying to teach people critical thinking skills sometimes, but then again 80% of redditors only read the titles of posts made to reddit. Here goes... I made this write-up on "Crypto in China" 3 or 4 year...
Cryptocoins News / CoinJournal - 9 months ago
Harvest Hong Kong is the first institution in Hong Kong to file for a spot Bitcoin ETF.
A local news outlet suggests the Hong Kong Financial Services Commission (FSC) could announce a decision in coming weeks.
The US recently approved 11 ETFs, inclu...
Bitcoin News / Google News Bitcoin - 9 months ago
Hong Kong Gets Spot-Bitcoin ETF Application, Stablecoin Interest From China’s Harvest Global: Reports& & CoinDesk
Bitcoin News / Bitcoinist - 9 months ago
In a groundbreaking development for the crypto sector in Hong Kong, Harvest Fund Hong Kong, a prominent player among China’s fund companies, has taken a huge step by submitting an application for a Bitcoin spot Exchange Traded Fund (ETF) to the Hong...
Bitcoin News / Bitcoinist - 9 months ago
The Hong Kong Securities and Futures Commission (SFC) has issued a stern warning to the public about two staking products named the “Floki Staking Program” and the “TokenFi Staking Program.” Both staking products, which the financial regulator descri...
Cryptocoins News / Finance Magnates - 9 months ago
Hong Kong has issued a warning regarding two
suspicious investment offerings named "Floki Staking Program" and
"TokenFi Staking Program". These programs, enticing investors with promises of high annual returns ranging from 30% to over 100%, have caug...
Cryptocoins News / Finance Magnates - 9 months ago
UP Fintech
Holding Limited, the Tiger Trade online brokerage operator, has received
approval from the Hong Kong Securities and Futures Commission to upgrade
its license to include dealing in virtual assets. This makes UP Fintech one of
the first brok...
Cryptocoins News / Blockchain - 9 months ago
The SFC’s Strategic Priorities for 2024-2026 focus on enhancing Hong Kong's financial sector by maintaining market resilience, boosting global competitiveness, embracing financial innovation, and improving institutional resilience. (Read More)
Cryptocoins News / CoinJournal - 10 months ago
OKX and Web3 technology company HashKey Group are eyeing a strategic alliance targeted at promoting virtual asset innovation and adoption in Hong Kong.
Elsewhere, the OKB token plummeted on Tuesday, dipping more than 25% to $39.
Crypto exchange OKX...