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Hong Kong targets noncompliant crypto exchanges in licensing push
22.8.2024
Hong Kong's SFC finds deficiencies in some "deemed-to-be-licensed" crypto exchanges, risking their licensing status amid tightened regulations
Hong Kong's Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report
2.8.2024
For the moment, only bitcoin and ether can be traded, while the company works on "expanding our crypto offerings in the near future."
Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users
2.8.2024
Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through Futu’s platform. “We are actively working...
Hong Kong Regulator Warns Against Proxinex for Suspected Virtual Asset Fraud
30.7.2024
The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Proxinex, an entity suspected of virtual asset-related fraud. Investors have encountered issues withdrawing virtual assets from Proxinex, later being informed that their accounts were nonexistent. The...
HK bank supports nation's regulatory goals with reserve services
19.7.2024
This development aligns with the city’s regulatory goals and represents a forward-thinking approach to integrating traditional banking with cutting-edge financial technologies
Hong Kong flags 7 unregulated crypto exchanges for noncompliance
15.7.2024
The Hong Kong Securities and Futures Commission added seven crypto trading platforms to its alert list for operating without licenses, raising concerns over investor safety
Hong Kong flags 7 unregulated crypto exchanges for noncompliance
15.7.2024
The Hong Kong Securities and Futures Commission added seven crypto trading platforms to its alert list for operating without licenses, raising concerns over investor safety
Hong Kong officially kicks out all unlicensed crypto exchanges
31.5.2024
This regulatory crackdown underscores the SFC's commitment to fostering a secure and transparent environment for virtual asset trading
Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1
30.5.2024
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance....
Hong Kong SFC to Conduct On-Site Inspections of Crypto Platforms after Licensing Deadline
29.5.2024
The Hong Kong SFC has announced that it will be conducting on-site inspections of local crypto firms that have not yet completed their regulatory applications after the licensing deadline.
The post Hong Kong SFC to Conduct On-Site Inspections of Crypto Platforms after Licensing Deadline appeared...
Hong Kong SFC to compliance check crypto firms offices after license deadline
29.5.2024
A total of eleven crypto asset companies and exchanges have withdrawn license applications ahead of the deadline
Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms
28.5.2024
Hong Kong's Securities and Futures Commission (SFC) will conduct on-site inspections of those crypto trading platforms interested in continuing to pursue their licensing applications as a key deadline looms, the regulator announced Tuesday
Crypto Exchange OKX Withdraws Hong Kong License Application
24.5.2024
The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month
Hong Kong SFC Considering Ether Staking for Ethereum ETFs
23.5.2024
Hong Kong’s Securities and Futures Commission (SFC) is reportedly considering allowing the issuers of Ethereum ETFs to offer Ether staking.
The post Hong Kong SFC Considering Ether Staking for Ethereum ETFs appeared first on Cryptonews
Hong Kong SFC considers allowing Ether staking for ETF issuers
23.5.2024
SFC reportedly held discussions with the country's crypto ETF issuers about providing staking services via licensed platforms
Crypto exchanges exit Hong Kong license race ahead of May deadline
21.5.2024
The queue of crypto exchanges for operational licenses in Hong Kong is shrinking as seven exchanges, including IBTCEX and Huobi HK, withdraw applications ahead of the May 31 deadline
HTX Withdraws Hong Kong Crypto License Application Again – What’s Going On?
15.5.2024
Concerns were raised regarding Huobi Global (HGBL) Hong Kong Limited's capacity to conduct lawful business in the area on May 14 when the HTX subsidiary withdrew its application for a cryptocurrency trading licence from Hong Kong's Securities and Futures Commission (SFC) for the second time.
The...
Hong Kong Cracks Down on Fake Crypto Exchange Allegedly Linked to Elon Musk
8.5.2024
The Hong Kong Securities and Futures Commission (SFC) has warned the public regarding Quantum AI, an entity allegedly engaged in fraudulent activities related to virtual assets and deceiving the public by impersonating Elon Musk.
The post Hong Kong Cracks Down on Fake Crypto Exchange Allegedly...
Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst
25.4.2024
Recently approved by Hong Kong SFC, three different spot Bitcoin ETFs to start trading on April 30 have officially revealed their fees that might lead to potential fee war.
The post Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst appeared first on Cryptonews
Hong Kong Officials Recommends Self-Regulatory Committee for Compliance Monitoring in Crypto Industry
23.4.2024
The Hong Kong Securities & Futures Professionals Association (HKSFPA) has advocated establishing a self-regulatory committee within the city's crypto firms to enhance compliance monitoring.
The post Hong Kong Officials Recommends Self-Regulatory Committee for Compliance Monitoring in Crypto...