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Hong Kong's losses to crypto scams doubled to $217M last year: Report

7.3.2023
Crypto-related scams in Hong Kong reportedly accounted for more than 50% of the total $407 million stolen from city residents in tech crimes in 2022

Crypto Exchange Binance Joins Forces With Law Enforcement to Launch Anti-Scam Campaign

5.3.2023
Binance has launched its Joint Anti-Scam Campaign in collaboration with law enforcement agencies worldwide to fight “an alarming uptrend” in crypto-related scams, the cryptocurrency exchange said. “So far, the project has achieved tremendous results,” Binance claimed....

Binance launches anti-scam campaign after Hong Kong pilot run

3.3.2023
The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers

Hong Kong citizens not interested in digital yuan: Reports

2.3.2023
Despite the 20% discount, the e-CNY hard wallets don’t attract much attention from the islanders

China's Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China's Digital Currency Facing a Roadblock?

2.3.2023
Shenzhen, China started offering physical cards and discounts to Hong Kong tourists in order to drive the cross-border use of its digital yuan - but the first few days seem to have been a bit slow. Per the state-backed Shenzhen News, the country's first digital yuan hard wallet self-service card...

Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually

1.3.2023
In the interim, if granted the VASP license, the Tron founder says Houbi will launch a new exchange, Huobi Hong Kong, so as to comply with regulators

Institutions in Asia Aren’t Interested in Liquid Staking: Hex Trust

1.3.2023
Liquid staking has become the second biggest DeFi vertical, but Asia-based institutions are not impressed

The Future of Crypto Markets Will Be Driven by Developments in the East

28.2.2023
Crypto investors need to keep an eye on geopolitical shifts playing out on the regulatory landscape, specifically some upcoming changes in Asia

Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express

24.2.2023
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory requirements for digital asset trading platforms. The...

Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3

23.2.2023
Gate’s founder called Hong Kong a “hub,” meanwhile, the city’s financial secretary said the region “must keep up” with the “huge potential” of Web3

Federated Learning Consortium (FLC) for Decentralized AI to Launch in Hong Kong, Led by Phoenix and APEX Technologies

23.2.2023
PRESS RELEASE. After over a year of preparation and restructuring, decentralized and privacy-enabled AI organization Federated Learning Consortium (FLC) is set to launch as a for-profit research consortium in Hong Kong, China, shifting from a previously non-profit approach. FLC is set to be led...

Hong Kong takes measures to get virtual asset operators licensed by SFC

22.2.2023
The Securities & Futures Commission (SFC) takes inspiration from the Securities & Futures Ordinance with the difference that the SFC is dedicated to the operators of virtual assets. Hong Kong is now looking to strengthen its functions by ensuring that either the operators of virtual assets...

Hong Kong's Web3 Sector Gets HK$50 Million Boost in Annual Budget – Here's the Latest

22.2.2023
In line with the Chinese city’s plans to establish itself as a leading crypto hub in Asia, Hong Kong’s authorities have unveiled plans to set aside HK$50 million (US$6.4 million) in the territory’s 2023-2024 budget with the aim to boost the capacities of its Web3 sector.... Read More: Hong Kong's...

Hong Kong Backs Web3 With $6.4M in Annual Budget

22.2.2023
The city's Financial Secretary will lead a task force dedicated to development of virtual assets

Today in Crypto: 'Crypto Trading Activity Increased Markedly in the Wake of Terra & FTX Falls', Huobi Moving from Singapore to Hong Kong, Swarm Launches Tradable Stocks and Bonds On-chain

21.2.2023
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: 'Crypto Trading Activity Increased Markedly in the Wake of Terra & FTX Falls', Huobi Moving from Singapore...

Crypto Hub in the Making: Hong Kong Pushes Forward with Plans for Retail Crypto Trading

21.2.2023
In a push toward reclaiming its position as the world's crypto hub, Hong Kong has outlined plans to allow retail investors to trade certain digital currencies on licensed exchanges. On Monday, Hong Kong's Securities and Futures Commission (SFC) published a consultation paper on its proposed...