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First Mover Asia: Bitcoin Opens the Week Testing $25K
20.2.2023
Also: Hong Kong will unveil its new crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests. The regulation focuses on accredited, professional investors
Crypto’s next bull run will come from the East: Gemini co-founder
20.2.2023
Gemini co-founder Cameron Winklevoss believes the next crypto bull run will come from Asia, while America has two options — embrace crypto or be left behind
No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1
17.2.2023
A tweet suggesting the city will make crypto “fully legal” for all citizens is a misreading of the legislation
China Begins Hong Kong ‘Cross-Border’ Digital Yuan Pilot
17.2.2023
Shenzhen, China, has begun a retail-focused “cross-border” digital yuan pilot with Hong Kong.
China Banking and Insurance News (via JRJ) reported that the event is the brainchild of the central People’s Bank of China (PBoC) and the Luohu District local government. Luohu is located close to Hong...
Hong Kong issues HK$800m in tokenized green bonds
16.2.2023
The bonds were underwritten by four banks and priced at a yield of 4.05%
Bitcoin soars above $24K as traders look for Hong Kong’s decision
16.2.2023
Bitcoin recently came to life as regulations surrounding digital assets are in the works. Experts believe that this news is only part of the ongoing hike. On the other hand, the crypto industry can expect constant regulatory volatility throughout the year. Traders are also keenly looking forward...
Hong Kong Successfully Offered Inaugural $100M Tokenized Green Bond
16.2.2023
Hong Kong's central bank had been exploring tokenization of green bonds since at least 2021
Interactive Brokers Rolls Out BTC, ETH Trading to Professional Investors in Hong Kong
15.2.2023
Eligible clients include individuals with over 8 million Hong Kong dollars and institutions with over 40 million Hong Kong dollars in investable assets
Southeast Asia’s Largest Bank DBS Unveils Plan to Expand Crypto Services in Hong Kong
15.2.2023
DBS, the largest bank in Southeast Asia, has unveiled its plan to expand its crypto services in Hong Kong. “We are planning to apply for a license in Hong Kong so that the bank could sell digital assets to our Hong Kong customers,” said an executive of the bank. DBS Bank to Apply...
Today in Crypto: UK Goes After Unregistered Crypto ATM Operators, S. Korea Watching the Ripple-SEC Battle, Silvergate Execs Investigated by Law Firm, Bitget to Collaborate on CBDCs
14.2.2023
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: UK Goes After Unregistered Crypto ATM Operators, S. Korea Watching the Ripple-SEC Battle, Silvergate Execs...
NASDAQ-listed Interactive Brokers to offer crypto trading in Hong Kong
14.2.2023
Hong Kong has seen a growing interest in global crypto and fintech player over the years as Interactive Brokers joins the list
Cyberport brings virtual Hong Kong to New York Fashion Week
14.2.2023
Ms. Vivienne Tam, a world-famous Hong Kong-based fashion designer, had a particularly productive day. It was she, along with Cyberport and the Hong Kong Economic Trade Office in New York, who was instrumental in successfully transferring a virtual Hong Kong to the New York Fashion Week runway show....
DBS Bank to offer cryptocurrency trading in Hong Kong
13.2.2023
As Hong Kong has been opening up to crypto, major financial institutions like DBS Group are targeting new crypto services in the Chinese territory
Crypto Won’t Destroy Tradfi, Says Ex-Hong Kong Central Bank Chief
10.2.2023
Source: Tomasz/Adobe
The former head of the Hong Kong central bank says that crypto will not destroy traditional finance – and that volatility will hold back the progress of many cryptoassets....
Read More: Crypto Won’t Destroy Tradfi, Says Ex-Hong Kong Central Bank Chief
Hong Kong Regulator Wants to Beef Up Its Staff Covering Virtual Assets
6.2.2023
Hong Kong's Securities and Futures Commission (SFC) wants to expand its team to deal with licensing applications for the incoming VASP regime
Hong Kong securities regulator adds crypto personnel for industry supervision
6.2.2023
Regulators in Hong Kong plan for the addition of personnel in order to “better supervise” activities of local virtual asset providers
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
6.2.2023
A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured with promises of quick profits on stock and crypto...
London Crowned World’s Leading Cryptocurrency Hub, According to Study
2.2.2023
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country....
Hong Kong will not tolerate algorithmic stablecoins in new regulation
31.1.2023
The new regulatory regime for stablecoins in Hong Kong should arrive no later than 2024
Hong Kong to Require Stablecoin Licensing as Early as This Year
31.1.2023
Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said