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Hong Kong court rules for investors in JPEX cryptocurrency fraud case
30.10.2024
This was the first case against JPEX, which operated in Hong Kong without a license
Nasdaq-listed Tiger Brokers rolls out online crypto trading to Hong Kong
6.5.2024
The Tiger Trade app allows professional traders access to 18 different cryptocurrencies alongside stocks, futures, U.S. Treasury bonds and Bitcoin ETFs
Report: Hong Kong Crypto Exchange JPEX Converts Users’ Funds to an Illiquid Digital Token
7.10.2023
The Hong Kong cryptocurrency exchange JPEX recently converted user funds to a native token known as JPC. According to JPEX, affected users will only be able to cash this token out after two years. One affected user said the crypto exchange did not inform them of the conversion rate used to complete...
HSBC Enables Bitcoin and Ethereum ETF Trading on Mobile Apps in Hong Kong
27.6.2023
Banking giant HSBC has begun letting customers buy and sell bitcoin and ethereum exchange-traded funds (ETFs) that are listed on the Hong Kong stock exchange (HKEX) using its mobile apps. The stock exchange currently has three crypto futures ETFs listed. HSBC Customers Can Trade Crypto Futures ETFs...
80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says
25.3.2023
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada, European Union countries, Singapore, the U.K., and the U.S....
Hong Kong Reaffirms Commitment to Become Regional Crypto Hub
10.1.2023
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 asset corporates,” said a top government...
Hong Kong’s Financial Secretary Doubles Down on Crypto Hub Positioning Despite Crypto Winter
9.1.2023
Paul Chan, Hong Kong's Financial Secretary, said that, despite the ongoing market downturn, the city would continue to work toward becoming a major crypto hub, attracting businesses from across the world.
Chan, the Financial Secretary since 2017, was speaking at a Web3 forum, Bloomberg reported...
Hong Kong ‘Actively Looking’ to Establish Regulatory Framework to Allow Crypto Futures ETFs: Report
9.11.2022
Hong Kong’s Securities and Futures Commission (SFC) is “actively looking” to create a regulatory framework that allows crypto futures exchange-traded funds (ETFs), an SFC official reportedly said. “We have come to believe that some initial concerns about virtual asset...
Hong Kong to Start Allowing Retail Crypto Trading in March Next Year: Report
30.10.2022
Hong Kong is relaxing its crypto regulation to allow retail investors to trade digital assets directly. A licensing regime for crypto platforms that allows retail crypto trading is reportedly set to be enforced in March next year. Hong Kong Nears Allowing Retail Crypto Trading Hong Kong...
Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’
21.10.2022
The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest directly in crypto assets. “We’ve had four years of experience in regulating this...
Japan-based crypto exchange DeCurret plans to sell to HK's Amber Group: report
13.1.2022
According to the Nikkei report, the crypto exchange was unable to compete with major companies including BitFlyer and Coincheck and “profits were tapering.”
Hong Kong-based Coinsuper allegedly blocks customers' withdrawals
7.1.2022
Five clients reportedly filed police complaints after token withdrawals were apparently halted, leaving them unable to reclaim around $55,000 in cryptocurrency and fiat
Hong Kong Authorities Arrest Two Siblings Accused of Laundering $384 Million via Banks, Crypto Platform
30.12.2021
Authorities in Hong Kong have arrested two individuals accused of laundering about $384 million using various avenues including a cryptocurrency exchange trading platform. If convicted, the two face a maximum jail sentence of 14 years plus a fine of $5 million. An Indictable Offense Two people...
Hong Kong landlords lease to crypto exchanges following regulatory clarity
15.9.2021
Crypto businesses in Hong Kong need to have a local license and are restricted to offer services only to professional investors
Rothschild’s trust led funding round for Aspen Digital's London expansion
4.8.2021
Aspen Digital aims for the Europe, Asia and Middle Eastern markets, leading the initiative by establishing headquarters in London and Singapore
Hong Kong Amends Crypto Law to Regulate All Exchanges
3.11.2020
Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges operating in Hong Kong. Hong Kong’s New Crypto Regulation The CEO of the SFC, Ashley Alder, talked about...
CMCC Exchange Teams Up With Hong Kong Cryptocurrency Union
16.12.2019
Headquartered in Hong Kong, the globally reputed investment-oriented firm CMCC Exchange has broadcasted the news about its strategic partnership with the esteemed organization, the Hong Kong Cryptocurrency Union. The collaboration will aid CMCC Exchange to popularize the use of Bitcoin and...
Hong Kong’s New Criteria on Crypto Exchanges Actually Isn't Important
15.11.2019
Experts discuss whether Hong Kong’s new framework for crypto exchanges will actually have a positive impact on the local market
Hong Kong Regulator to Unveil New Cryptocurrency Exchange Rules
6.11.2019
Cryptocurrency exchanges are about to get some regulatory clarity for operating legally in Hong Kong
Bitfinex to Use 27% of Tokinex Revenue to Burn LEO Tokens
8.7.2019
Bitfinex announced that its IEO platform Tokinex would use 27% of past and future revenue for LEO utility token burns