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Hong Kong police busts $15M laundering ring that used crypto, 500 bank accounts
18.5.2025
Hong Kong police arrested 12 people involved in a cross-border money laundering scheme that relied on crypto and over 500 stooge bank accounts to launder HK$118 million ($15 million), local news outlets reported.The syndicate was dismantled on May 15, resulting in the arrest of nine men and three...
12 Arrested in HK as Officials Uncover $15M Cash, Crypto Laundering Operation: Report
17.5.2025
Hong Kong police have dismantled a cross-border crime syndicate accused of laundering HK$118 million (US$15 million) through fraudulent bank accounts, arresting a total of 12 individuals in a citywide operation, the South China Morning Post (SCMP) first reported. Crime Syndicate Recruited Mainland...
XRP Tracker Fund Unleashed in Asia With Ripple Driving Capital and Strategy
18.4.2025
An XRP Tracker Fund has launched in Asia, opening the floodgates for institutional investors to tap into XRP’s explosive growth and Ripple’s game-changing blockchain strategy. XRP Tracker Fund Goes Live in Asia—Ripple Drives Strategy as Investor and Trusted Advisor Digital asset management firm...
HashKey Capital to Debut Asian XRP Tracker Fund With Ripple as Anchor Investor
18.4.2025
The fund aims to simplify institutional access to XRP for cross-border payments, crypto investing in Asia
Huaxia to add staking to Ether ETF, Hong Kong’s second of its kind
17.4.2025
Huaxia Fund is set to launch staking services on its Ether exchange-traded fund (ETF), making it the second in Hong Kong. OSL Digital Services (OSL) will provide custody and staking infrastructure for the fund.The staking feature will be live on May 15, moving the ETF from a strictly passive...
Cardano’s ADA Leads Majors Slide Amid Bitcoin Profit-Taking; ProShares Amends XRP ETF
16.4.2025
A slump in majors came as Chinese stocks in Hong Kong extended their losses to as much as 2.9% after Wednesday’s open despite the Chinese economy growing 5.4% in the first quarter
Bosera Hashkey Ether ETF Gains SFC Nod for Ethereum Staking
11.4.2025
Hong Kong’s Securities and Futures Commission (SFC) has approved the Bosera Hashkey Ether exchange-traded fund (ETF) to engage in ethereum staking, marking a first for the Asia-Pacific region. Milestone for Hong Kong: Ether ETF Cleared for Staking Activities The Bosera Hashkey Virtual Asset Ether...
HashKey receives Hong Kong approval to offer crypto staking services
10.4.2025
Cryptocurrency exchange HashKey has received approval from Hong Kong regulators to offer staking services, potentially broadening the institutional appeal of proof-of-stake investments such as the spot Ether exchange-traded funds (ETFs).HashKey was granted approval on April 10 after the Hong Kong...
HashKey receives Hong Kong approval to offer crypto staking services
10.4.2025
Cryptocurrency exchange HashKey has received approval from Hong Kong regulators to offer staking services, potentially broadening the institutional appeal of proof-of-stake investments such as the spot Ether exchange-traded funds (ETFs).HashKey was granted approval on April 10 after the Hong Kong...
First Digital Trust Files Defamation Claim Against Justin Sun
9.4.2025
First Digital seeks an injunction to restrain Sun from publishing "similar words" to claims about insolvency
Hong Kong’s SFC Issues Staking Guidance for Crypto Exchanges and Funds
8.4.2025
The Securities and Futures Commission (SFC) of Hong Kong has issued new regulatory guidance for licensed virtual asset trading platforms (VATPs) and SFC-authorized virtual asset funds (VA Funds) regarding the provision and engagement in staking services. Recognizing the potential benefits...
Hong Kong introduces crypto staking rules, reaffirms Web3 commitment
7.4.2025
Hong Kong’s Securities and Futures Commission (SFC) has introduced new guidelines for crypto exchanges offering staking services.In an April 7 announcement, the SFC announced new guidelines for crypto exchanges offering staking services and locally authorized funds exposed to digital assets...
Hong Kong introduces crypto staking rules, reaffirms Web3 commitment
7.4.2025
Hong Kong’s Securities and Futures Commission (SFC) has introduced new guidelines for crypto exchanges offering staking services.In an April 7 announcement, the SFC announced new guidelines for crypto exchanges offering staking services and locally authorized funds exposed to digital assets...
Hong Kong Regulator Releases Crypto Staking Rules for Licensed Exchanges
7.4.2025
Hong Kong's Securities and Futures Commission has given a green light for virtual asset trading platforms (VATPs) and authorized virtual asset funds to offer staking services
Tron Founder: First Digital Trust Situation ‘Significantly Worse’ Than FTX
7.4.2025
Tron founder Justin Sun has compared the controversy surrounding First Digital Trust to that of FTX before its collapse but insists the former’s case is “significantly worse.” The FTX Comparison Tron blockchain founder Justin Sun has compared First Digital Trust’s (FDT) situation...
BTC Trades Above $79K as Asia Markets Open to Chaos
7.4.2025
Markets in Hong Kong, Shanghai, and Taipei were deep in the red upon opening on Monday
$50 Million Bounty Offered by Tron’s Justin Sun to Recover Stolen Trueusd Reserves
4.4.2025
Tron founder Justin Sun has announced a $50 million bounty for information to help recover $456 million in misappropriated Trueusd stablecoin reserves. Sun Blames Licensed Intermediaries Tron founder Justin Sun has announced a $50 million bounty for information that will aid in the recovery of $456...
Justin Sun Calls for Reform of Hong Kong's Trust Laws After TUSD Misappropriation Allegations
3.4.2025
Sun said at a press conference that the current laws contain systemic loopholes
Hong Kong Approves World’s First Tokenized Money Market ETF by Hashkey and Bosera
29.3.2025
Hashkey Group and Bosera have secured approval from Hong Kong’s SFC to launch the world’s first tokenized money market ETF. This milestone marks a significant step in integrating blockchain with traditional finance, improving transparency and liquidity. Hashkey and Bosera Introduce the First...
Hong Kong Web3 Festival Unveils Four-day Agenda for 2025 Edition
25.3.2025
This content is provided by a sponsor. PRESS RELEASE. The four-day agenda for the Hong Kong Web3 Festival 2025, taking place April 6 to 9, at Hong Kong Convention and Exhibition Centre, is now available. This annual event celebrates Web3 exploration and achievements as well as innovation and...