Cryptocoins News / The Cointelegraph - 1 year ago
The intent behind the tokenization of SFC-authorized investment products is tied to rising market demand and the government’s willingness to facilitate market development....
by COINS NEWS - 1 year ago
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Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong’s financial market regulator is evaluating the prospects of allowing retail investors access to spot crypto exchange-traded funds (ETFs), Julia Leung, the CEO of the Securities and Futures Commission, revealed.“We welcome proposals using in...
by COINS NEWS - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
Asia Express: Ringleaders of $308M P2P crypto laundering scheme jailed in China, Visa’s Hong Kong CBDC trial a success, Hashkey token. Visa completes Hong Kong digital...
Bitcoin News / Bitcoinist - 1 year ago
The recent JPEX scandal has scarred the reputation of Hong Kong’s crypto industry, raising questions about the future of web3 and digital assets in the region. However, a speech by the region’s Financial Services and Treasury Secretary, Christo...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong’s securities regulator treats tokenized securities like traditional securities, subject to the same legal and regulatory norms. The Securities and Futures Co...
Cryptocoins News / The Cointelegraph - 1 year ago
Christopher Hui took the stage at Fintech Week and outlined a list of regulatory moves Hong Kong authorities are looking to implement following the JPEX scandal. The H...
Cryptocoins News / The Cointelegraph - 1 year ago
The e-HKD CBDC pilot program will enter Phase 2 following praise from the city’s monetary authority. Payment processor Visa has completed the Hong Kong Monetary Author...
Bitcoin News / Bitcoinist - 1 year ago
Hong Kong has completed the first pilot phase of its central bank digital currency (CBDC), the digital Hong Kong dollar (e-HKD). The Hong Kong Monetary Authority (HKMA) is now preparing for the second phase of the CBDC pilot program. The Pilot, which...
Cryptocoins News / The Cointelegraph - 1 year ago
Phase one was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits and the settlement of Web3 transactions and tokenized assets....
Bitcoin News / Bitcoin.com - 1 year ago
British banking giant Standard Chartered-owned crypto custody firm Zodia is launching services in Hong Kong. “The Hong Kong government and the regulators see digital assets as the future and also want Hong Kong to be a hub,” the crypto firm’s C...
Bitcoin News / Bitcoinist - 1 year ago
Zodia Custody, a crypto-security firm owned by multinational bank Standard Chartered, has set its sights on the Asia-Pacific region, beginning with a launch in Hong Kong. This development, according to CNBC, marks a significant extension for the firm...
Cryptocoins News / Finance Magnates - 1 year ago
Zodia Custody is making its mark in Hong Kong as it extends its crypto security services to financial institutions in the region. Founded in 2020, the UK-based crypto arm of Standard Chartered aims to meet the institutional demand for crypto asset st...
Cryptocoins News / The Cointelegraph - 1 year ago
Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said. Zodia, the institutional cryptocurrency custod...
Bitcoin News / Bitcoinist - 1 year ago
Binance, the world’s leading cryptocurrency exchange, has recently been facing some speculation concerning its potential association with a newly unveiled trading platform in Hong Kong. According to local news media South China Morning Post, ci...
Cryptocoins News / Blockchain - 1 year ago
Hong Kong FinTech Week 2023, scheduled from October 30 to November 5, themed "Fintech Redefined," aims to shape fintech's future. Organized by Financial Services and the Treasury Bureau and InvestHK, it's expected to attract over 30,000 attendees and...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) are responding to the changing landscape of virtual assets. The regulators have updated their policies with increasing inquiries from intermediaries about distrib...
Bitcoin News / Bitcoin.com - 1 year ago
The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities int...
Cryptocoins News / The Cointelegraph - 1 year ago
The notice came more than a month after over a thousand users reported losses from the JPEX crypto exchange. The Securities and Futures Commission (SFC) of Hong Kong a...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitmain allegedly fires staff for speaking out against salary cuts, Hong Kong investors lose faith in crypto after the JPEX scandal, Bitget gets a new crypto credit card and more....
Cryptocoins News / The Cointelegraph - 1 year ago
41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study. Public attitude toward cryptocurren...
Bitcoin News / Bitcoinist - 1 year ago
Within the vast terrain of Asia’s crypto exchanges, OSL, operating under the aegis of Hong Kong’s BC Technology Group Ltd., has proved to be a standout, primarily because of its regulatory adherence. However, as recent revelations suggest, this...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong has allowed retail crypto trading since June. Just 47% of retail crypto investors in Hong Kong are aware of the Virtual Asset Trading Platform Regulatory Re...
Bitcoin News / Bitcoin.com - 1 year ago
The Hong Kong Monetary Authority (HKMA) has recently completed a series of tests regarding the programmability of the e-HKD, the proposed Hong Kong central bank digital currency (CBDC). While still in its initial phases, the e-HKD presents “int...
