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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

What You Need to Know About Crypto Regulation in Hong Kong, Singapore, Japan

25.1.2023
Asia’s biggest financial centers seem eager to encourage the growth of the crypto industry while protecting consumers and preventing contagion if things go wrong

China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs

23.1.2023
The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digital assets in foreign trade. Company Behind...

Today in Crypto: Coinbase Halts Japan Operations, Digital Currency Group is Suspending Quarterly Dividends, Amber Group is Slashing Costs and Jobs

18.1.2023
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: Coinbase Halts Japan Operations, Digital Currency Group is Suspending Quarterly Dividends, Amber Group...

Hong-Kong investment fund raises $500M to push mass adoption in Web3

17.1.2023
The global asset manager HashKey Capital closed the funding round for its FinTech Investment Fund III, with which it plans to invest in startups and projects in the space perpetuating mass adoption

Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong

14.1.2023
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide economic exposure to the value of bitcoin,” Samsung detailed. Samsung’s Bitcoin...

Samsung investment arm considering spot-Bitcoin ETF in Hong Kong

13.1.2023
With the Hong Kong Stock Exchange being the only regulated exchange in Asia offering Bitcoin futures ETFs, some believe spot crypto ETF products will soon be allowed

Hong Kong is Setting Up a Shortlist of Tokens Retail Can Trade - Which Coins Will Make the List

12.1.2023
Hong Kong’s financial regulator is expected to create a dedicated whitelist of tokens that retail users will be allowed to trade. The new token whitelist was proposed on Wednesday by Julia Leung, the CEO of Hong Kong’s Securities and Futures Commission (SFC) during a panel discussion in Hong Kong....

Today in Crypto: Nexo's Bulgarian Offices Raided, Samsung to List Bitcoin Futures Active ETF in Hong Kong, Trezor Saw a 300% Spike in Sales

12.1.2023
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: Nexo's Bulgarian Offices Raided, Samsung to List Bitcoin Futures Active ETF in Hong Kong, Trezor Saw...