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Hong Kong Likely to Approve Spot Bitcoin ETFs Next Week: Reuters


Hong Kong regulators are likely to approve the first set of applications for spot bitcoin exchange-traded funds next week, making it possible that the products could be ready for an April launch, Reuters reported on Wednesday, citing two people familiar with the matter

Hong Kong will introduce Spot Bitcoin ETF in April


Hong Kong’s move reflects a fundamental shift in the international Bitcoin business. It is expected that the introduction of spot Bitcoin Exchange Traded Funds will revive the global cryptocurrency investment landscape.  According to industry reports, four corporate organizations have been...

Hong Kong Poised to Unveil First Spot Bitcoin ETFs on April 15


Hong Kong’s securities regulator aims to approve the first batch of Spot Bitcoin ETFs on April 15. However, their availability is expected to commence roughly two weeks after approval. The post Hong Kong Poised to Unveil First Spot Bitcoin ETFs on April 15 appeared first on Cryptonews

Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers


ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institutions that want to issue stablecoins. The organization is in talks with several parties seeking to issue their stablecoins, and this service would be available for them after receiving a license from the Hong Kong...

HashKey Group Secures Bermuda License, Launches Global Platform


HashKey COO Livio Weng announces the launch of new platform with over 20 cryptos available targeting potential international users who cannot trade on HashKey Hong Kong. The post HashKey Group Secures Bermuda License, Launches Global Platform appeared first on Cryptonews

HSBC Launches Tokenized Gold Product Targeting Hong Kong Market


HSBC, the London-based financial institution, launched the first bank-backed tokenized gold product for its customers in Hong Kong. HSBC Gold Token will allow retail investors to purchase tokenized gold from their smartphones using the bank’s online app, democratizing access to these gold...

HSBC Launches Gold Token Service for Retail Investors in Hong Kong


Banking giant HSBC is now allowing retail investors in Hong Kong to buy real gold through digital tokens. The new gold investment is available through the bank’s online banking service and app. The post HSBC Launches Gold Token Service for Retail Investors in Hong Kong appeared first on Cryptonews

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