Cryptocoins News / The Cointelegraph - 1 year ago
When asked about Bitcoin or Ether, SFC executive Julia Leung Fung-yee did not respond but reiterated that “highly liquid” products will be allowed. The new licensing...
Bitcoin News / Bitcoin.com - 1 year ago
Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX. “As certain crypto exchanges collapsed one after another, Hong Kong became a quality standing point for digital as...
Cryptocoins News / EthereumWorldNews - 1 year ago
Hong Kong remains undeterred in its ambition to establish itself as a crypto hub, despite the prolonged bear market.& The local government is inviting technology and crypto startups to set up their international headquarters in the island city.T...
Bitcoin News / Bitcoinist - 1 year ago
Hong Kong has expressed interest in becoming a global crypto hub as it has decided to be more welcoming to crypto companies. Opening up to newer crypto companies or startups could increase crypto retail participation in Hong Kong.
Paul Chan, Hong Kon...
Cryptocoins News / Blockchain - 1 year ago
Hong Kong's government supports bitcoin infrastructure development. In 2023, Hong Kong's finance secretary Paul Chan said the government and authorities would work with crypto and fintech businesses. Many sector businesses want to develop in Hong Kon...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong is doing its best to provide an appropriate amount of supervision to the crypto market in order to release the potential of technologies like Web3. The gover...
Cryptocoins News / Blockchain - 1 year ago
Hong Kong authorities are currently considering issuing a CBDC as a government-backed stablecoin. Wu Jiezhuang, a Legislative Council member of the Hong Kong Special Administrative Region, thinks converting e-HKD into a stablecoin will mitigate Web3...
Cryptocoins News / The Cointelegraph - 1 year ago
A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins. Hong Kong authorities ar...
Cryptocoins News / The Cointelegraph - 1 year ago
The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval....
Cryptocoins News / CoinJournal - 1 year ago
Dr Ming Wu, Co-Founder of Conflux Network, was invited by the Hong Kong Government to discuss the rise of tech innovation through Web3 and how the Conflux Network could play a foundational role in these developments. (Read More)
Cryptocoins News / The Cointelegraph - 1 year ago
The former CEO of AAX, Liang Haoming, and the founder of AAX, Thor Chan, were arrested on Dec. 23. Hong Kong police arrested two executives of the crypto exchange AAX...
Cryptocoins News / Blockchain - 1 year ago
Two AAX executives were detained in Hong Kong for fraud and deceiving authorities. Since mid-November, system maintenance has kept 2 million AAX subscribers from accessing their cash. Over 337 victims from China, Taiwan, Italy, and France have report...
Bitcoin News / Bitcoin.com - 1 year ago
Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States come...
Bitcoin News / Bitcoin Magazine - 1 year ago
The futures ETF will be the first of its kind available in Asia according to the asset manager, CSOP.Investors in the Hong Kong Stock Exchange will be able to trade the CSOP Bitcoin Futures ETF (3066.HK) starting December 16 according to a press rele...
Bitcoin News / Google News Bitcoin - 1 year ago
Hong Kong Stock Exchange’s First Bitcoin Futures ETF Receives $53 Million In Initial Investments& & Bitcoin Magazine