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Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong
6.4.2023
One of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland....
Hong Kong’s crypto rules set a high bar for ‘good reason,’ says SFC advisor
5.4.2023
Lucy Gazmararian, an advisory board member to Hong Kong's securities regulator said its crypto rules may present short-term challenges to crypto startups
Today in Crypto: $437,483,543 Lost to Crypto Hacks & Frauds in Q1, Italian Man Swindled Out of $1.8M, Metaco Partners with VP Bank
4.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: $437,483,543 Lost to Crypto Hacks & Frauds in Q1, Italian Man Swindled Out of $1.8M, Metaco Partners with...
New Report: U.S. Crypto Crackdown Boosts Hong Kong's Ambitions in Digital Asset Market – Best Crypto Destination?
3.4.2023
The ongoing regulatory crackdown on crypto in the US could boost Hong Kong in its bid to become a new hub for the crypto industry.
Hong Kong was a for many years a preferred destination for high-profile crypto firms, including BitMEX and FTX, but concerns about crackdowns on crypto in China,...
Today in Crypto: Poloniex Partners with Mercuryo on Crypto Purchases, Hong Kong Hunting Six Scammers, DFINITY Foundation Launches ‘Twin’ Token ckBTC
3.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Poloniex Partners with Mercuryo on Crypto Purchases, Hong Kong Hunting Six Scammers, DFINITY Foundation...
US crackdown will push crypto’s 'center of gravity' to Hong Kong: Kaiko CEO
2.4.2023
Kaiko CEO Ambre Soubiran said that Hong Kong’s friendly approach may just see the city become the “center of gravity” for crypto trading and investments
Hong Kong turns to Japan for advice after ‘mind-boggling’ Web3 influx
30.3.2023
Hong Kong is looking to Japan for guidance to become a friendly environment for cryptocurrency following an overwhelming response to Web3 investment
Blockchain and regulated stablecoins to be widely used by 2030, industry execs say
30.3.2023
Digital regulatory professionals have predicted the wide use of stablecoins throughout the world by the year 2030, despite the current competition between TradFi and DeFi
Hong Kong-Based Fund Set to Raise $100 Million for Web3 Startups Amid City's Crypto Revamp
30.3.2023
A new Hong Kong-based fund is set to raise $100 million to invest in crypto companies as the city is accelerating toward its goal of becoming a global crypto hub with a more friendly regulatory stance.
The ProDigital Future Fund has already secured $30 million in commitments from major Asian...
DeFi KYC: Not an issue as ‘99% have nothing to hide,’ industry execs say
30.3.2023
Traditional finance observes “money laundering happening every day” despite rigorous KYC measures, according to DeFi industry execs
Hong Kong fund plans to raise $100 million for crypto investment
30.3.2023
The new equity in Hong Kong will focus on the regional market and embrace Web3 startups
OKX seeks Australian expansion citing 'huge appetite' for crypto
30.3.2023
The exchange's chief marketing officer believes Australians are above-the-curve when it comes to crypto education and interest
Report: UAE Central Bank Implements Digital Currency Strategy
29.3.2023
The central bank in the United Arab Emirates said it has started implementing its digital currency strategy with partners G42 Cloud and R3. According to the central bank, the digital currency initiative is expected to “further position and solidify the UAE as a leading global financial...
Today in Crypto: USDC Released on Stellar Throughout Coinme, THORChain Halts & Resumes Network, EOS EVM Testnet Goes Live, OKX to Apply for Hong Kong License
28.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: USDC Released on Stellar Throughout Coinme, THORChain Halts & Resumes Network, EOS EVM Testnet Goes Live...
Crypto Firms in Hong Kong Get Boost as Regulators Host Meeting with Bankers
28.3.2023
Hong Kong officials plan to host a meeting between crypto companies and bankers in an attempt to ease financing for the sector as the city pushes toward becoming a global crypto hub.
The meeting, scheduled for April 28 at the Hong Kong Monetary Authority, is intended to “facilitate direct dialog”...
First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard
28.3.2023
Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around?
Chinese State-Owned Banks Extend Crypto-Friendly Hand to Hong Kong Firms
27.3.2023
China’s state-owned banks are offering services to local cryptocurrency companies in Hong Kong as the city embraces a more friendly regulatory stance.
According to a Monday report from Bloomberg, a number of Chinese state-owned banks in Hong Kong have started offering services to crypto...
Hong Kong crypto firms seeing interest from Chinese banks: Report
27.3.2023
Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland
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....
Aussie Crypto Exchange Eyes Hong Kong Expansion Amid Favorable Regulatory Landscape
23.3.2023
As the United States grapples with the challenges posed by an evolving cryptocurrency landscape, Asia emerges as a beacon of innovation and opportunity for digital asset businesses.
Hong Kong, in particular, is rapidly transforming into a leading hub for the burgeoning cryptocurrency market. With...