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Hong Kong introduces crypto staking rules, reaffirms Web3 commitment
7.4.2025
Hong Kong’s Securities and Futures Commission (SFC) has introduced new guidelines for crypto exchanges offering staking services.In an April 7 announcement, the SFC announced new guidelines for crypto exchanges offering staking services and locally authorized funds exposed to digital assets...
Hong Kong Regulator Releases Crypto Staking Rules for Licensed Exchanges
7.4.2025
Hong Kong's Securities and Futures Commission has given a green light for virtual asset trading platforms (VATPs) and authorized virtual asset funds to offer staking services
Tron Founder: First Digital Trust Situation ‘Significantly Worse’ Than FTX
7.4.2025
Tron founder Justin Sun has compared the controversy surrounding First Digital Trust to that of FTX before its collapse but insists the former’s case is “significantly worse.” The FTX Comparison Tron blockchain founder Justin Sun has compared First Digital Trust’s (FDT) situation...
BTC Trades Above $79K as Asia Markets Open to Chaos
7.4.2025
Markets in Hong Kong, Shanghai, and Taipei were deep in the red upon opening on Monday
$50 Million Bounty Offered by Tron’s Justin Sun to Recover Stolen Trueusd Reserves
4.4.2025
Tron founder Justin Sun has announced a $50 million bounty for information to help recover $456 million in misappropriated Trueusd stablecoin reserves. Sun Blames Licensed Intermediaries Tron founder Justin Sun has announced a $50 million bounty for information that will aid in the recovery of $456...
Justin Sun Calls for Reform of Hong Kong's Trust Laws After TUSD Misappropriation Allegations
3.4.2025
Sun said at a press conference that the current laws contain systemic loopholes
Hong Kong Approves World’s First Tokenized Money Market ETF by Hashkey and Bosera
29.3.2025
Hashkey Group and Bosera have secured approval from Hong Kong’s SFC to launch the world’s first tokenized money market ETF. This milestone marks a significant step in integrating blockchain with traditional finance, improving transparency and liquidity. Hashkey and Bosera Introduce the First...
Hong Kong Web3 Festival Unveils Four-day Agenda for 2025 Edition
25.3.2025
This content is provided by a sponsor. PRESS RELEASE. The four-day agenda for the Hong Kong Web3 Festival 2025, taking place April 6 to 9, at Hong Kong Convention and Exhibition Centre, is now available. This annual event celebrates Web3 exploration and achievements as well as innovation and...
China's CPIC Rolls Out $100M Tokenized Fund with HashKey as RWA Trend Expands in Asia
24.3.2025
Asset tokenization is a red-hot sector in crypto as asset managers around the globe are increasingly leveraging blockchain rails for traditional instruments like bonds and funds
Infini takes legal action after $50 million stablecoin exploit
24.3.2025
Stablecoin payment platform Infini has filed a lawsuit against a developer and several unidentified individuals suspected of involvement in a hack that drained nearly $50 million in crypto assets.On March 24, the Infini team sent an onchain message to the attacker, naming the developer Chen...
Infini takes legal action after $50 million stablecoin exploit
24.3.2025
Stablecoin payment platform Infini filed a Hong Kong lawsuit against a developer and several unidentified individuals suspected of involvement in a hack that drained nearly $50 million in crypto assets.On March 24, the Infini team sent an onchain message to the attacker, citing developer Chen...
HK Asia Holdings Buys More Bitcoin in Hedge Against Depreciation of Fiat Currencies
21.3.2025
The company bought another 10 bitcoin, signaling confidence in crypto as a long-term asset strategy
BitMart Secures Hong Kong’s Custody Service License
17.3.2025
US-based crypto exchange BitMart announced that its local subsidiary has successfully obtained a Trust or Company Service Provider…
Hong Kong fintech sector sees 250% blockchain growth since 2022
14.3.2025
Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping its future.Hong Kong is home to over 1,100 fintech companies, which include 175 blockchain...
Hong Kong crypto payment firm RedotPay wraps $40M Series A funding round
14.3.2025
Hong Kong-based crypto payment platform RedotPay has closed a $40 million Series A funding round led by Lightspeed, with participation from HSG and Galaxy Ventures.RedotPay aims to enable cryptocurrency use in everyday transactions while simplifying blockchain transactions for spenders, akin...
TransCrypts Wins Pitchfest at Consensus Hong Kong
7.3.2025
The on-chain credential verification service beat out a host of promising startups at CoinDesk’s PitchFest at Consensus Hong Kong
China AMC Launches ‘First’ Retail Tokenized Fund in APAC
3.3.2025
China Asset Management has launched the first retail tokenized fund in the Asia Pacifi (APAC) region. Broadening Investor Base The Hong Kong investment firm China Asset Management recently launched a tokenized fund known as the China AMC HKD Digital Money Market Fund. The fund, which primarily...
Coinbase Is Negotiating for ETF Sub-Custody Plans in Hong Kong
3.3.2025
Leading crypto exchange, is already offering custody services for local ETFs in Hong Kong and is in discussions…
Hong Kong invests $125M in AI, expands Cyberport’s supercomputing power
28.2.2025
Hong Kong’s Cyberport expands AI and Web3 research with $125 million in funding, boosting blockchain development and AI talent programs
Hong Kong invests $125M in AI, expands Cyberport’s supercomputing power
28.2.2025
Hong Kong’s Cyberport expands AI and Web3 research with $125 million in funding, boosting blockchain development and AI talent programs