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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...
Hong Kong Reaffirms Commitment to Become Regional Crypto Hub
10.1.2023
Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX. “As certain crypto exchanges collapsed one after another, Hong Kong became a quality standing point for digital asset corporates,” said a top government...
Hong Kong crypto futures ETFs raise over $70M ahead of debut
15.12.2022
The CSOP Bitcoin Futures ETF has raked in $53.8 million while the CSOP Ether Futures ETF has collected $19.7 million in initial investments
Hong Kong Crypto Exchange AAX Unlikely to Reopen, Former Comms Chief Says
30.11.2022
The exchange shuttered on Nov. 13 after a reported hack
Hong Kong Crypto Exchange AAX Re-opening Hinges on Capital Raise
15.11.2022
The Hong Kong exchange shuttered activity Sunday blaming turbulent markets, but has denied exposure to Sam Bankman-Fried's now-defunct FTX
Hong Kong Crypto Exchange AAX Reopening Hinges on Capital Raise
15.11.2022
The Hong Kong exchange shuttered activity Sunday blaming turbulent markets, but has denied exposure to Sam Bankman-Fried's now-defunct FTX
Hong Kong Crypto Platform Hbit's $18.1M Stuck in FTX
14.11.2022
In an announcement to shareholders on Monday, New Huo Technologies Holdings Limited, said regarding its subsidiary, that $13.2 million of the money belonged to clients, while, $4.9 million were Hbit assets
Hong Kong ‘Actively Looking’ to Establish Regulatory Framework to Allow Crypto Futures ETFs: Report
9.11.2022
Hong Kong’s Securities and Futures Commission (SFC) is “actively looking” to create a regulatory framework that allows crypto futures exchange-traded funds (ETFs), an SFC official reportedly said. “We have come to believe that some initial concerns about virtual asset...
First Mover Asia: Ripple's APAC Policy Chief Sees Hopeful Shift in Hong Kong Crypto Statement; Dogecoin Soars Again
2.11.2022
But Rahul Advani told CoinDesk the industry needs more details about the city’s plans
Hong Kong to Start Allowing Retail Crypto Trading in March Next Year: Report
30.10.2022
Hong Kong is relaxing its crypto regulation to allow retail investors to trade digital assets directly. A licensing regime for crypto platforms that allows retail crypto trading is reportedly set to be enforced in March next year. Hong Kong Nears Allowing Retail Crypto Trading Hong Kong...
Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’
21.10.2022
The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest directly in crypto assets. “We’ve had four years of experience in regulating this...
Gate.io's Hippo Financial Obtains Hong Kong Crypto Custody License
15.8.2022
Gate.io group's Hippo Financial Services received a Trust or Company Service Provider license that means it can now provide virtual asset custodial services in Hong Kong
US expansion for Huobi a step closer after it secures a FinCEN license
6.7.2022
It says users in the United States can expect digital asset services to come in the future
Hong Kong-listed Huobi Tech launches cryptocurrency OTC service
3.3.2022
Formerly known as Pantronics Holdings, Huobi Technology has shifted its focus from electronic products to crypto
Hong Kong Authorities Arrest Two Siblings Accused of Laundering $384 Million via Banks, Crypto Platform
30.12.2021
Authorities in Hong Kong have arrested two individuals accused of laundering about $384 million using various avenues including a cryptocurrency exchange trading platform. If convicted, the two face a maximum jail sentence of 14 years plus a fine of $5 million. An Indictable Offense Two people...
Restricting crypto trading to millionaires good for Hong Kong, says official
27.5.2021
Hong Kong’s Treasury Secretary says the government is right to pursue restrictive crypto regulations in the city
Bitmain CEO announces departure in the most crypto way
26.1.2021
“I have resigned from the CEO and Chairman of Bitmain as of today,” said Jihan Wu
Injecting Apple-like ‘quality-control’ into DeFi is what we need
26.1.2021
Implementing regular, consistent security checks and auditing mechanisms, as Apple does, will increase trust in the DeFi system as a whole
Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021
21.1.2021
Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust...
Thieves Grab $451K in Cash From Hong Kong Crypto Trader
19.1.2021
The robbers lured a female cryptocurrency trader into an office and threatened her with a weapon, according to a report