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More Than 80 Firms Express Interest in Establishing Presence in Hong Kong – Next Crypto Hub?
20.3.2023
Hong Kong has seen massive interest from virtual asset-related firms as the city pushes toward reclaiming its position as a global crypto hub with a more friendly regulatory stance.
Christian Hui, Hong Kong's Secretary for Financial Services and the Treasury, said during a recent speech that more...
Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary
20.3.2023
Since October, more than 80 virtual asset companies have expressed interest in establishing in the city, while 23 have indicated actual plans of doing so
Today in Crypto: ‘If Government Bans Drugs, It Should Ban Crypto’, SVB Financial Group Files for Bankruptcy, BlockSec Stops Hacker from Stealing ETH 2,900
17.3.2023
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: ‘If Government Bans Drugs, It Should Ban Crypto’, SVB Financial Group Files for Bankruptcy, BlockSec Stops...
Signum Digital scores approval to offer security tokens in Hong Kong
17.3.2023
Hong Kong's Security and Futures Commission greenlights Signum Digital to offer security tokens in the city, after inviting applications for virtual asset trading licenses
Founder of Crypto Exchange Bitzlato Denies US Charges
16.3.2023
The founder of cryptocurrency exchange Bitzlato has denied guilt in a money laundering case in the United States. Anatoly Legkodymov was arrested in Miami, in mid-January, for his role in running the trading platform which allegedly processed over $700 million in illicit funds. Bitzlato Founder...
ChangeNOW expands in Hong Kong, pursues a SFC license in line with new regulations
16.3.2023
Amidst ambiguous regulatory environments that threaten the United States’ position as a crypto hub, Hong Kong may become a global nexus for digital assets. The Securities and Futures Commission (SFC) of Hong Kong has drafted rules for trading platforms that digital assets and is seeking...
Alchemy Pay Partners With ZD Group, Parent Company of Mouette Securities, Shares Four Hong Kong Licenses and Receives Its Investment
14.3.2023
The leading fiat-crypto payment gateway, Alchemy Pay, has revealed that it has joined forces with ZD Group, the parent company of Mouette Securities, a reputable global investment fund. Within the frame of this strategic collaboration, ZD Group provides investment and shares its four financial...
Report: Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022
9.3.2023
According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million was lost. Although losses relating to crypto scams only constituted just over 10% of the nearly 23,000 reported technology crimes, they still accounted for more than half...
Today in Crypto: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams in Hong Kong up 67%, Thailand to Offer Tax Breaks for Investment Tokens Issuers
7.3.2023
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: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams...
JD.com & Bank of China Join Mainland China-Hong Kong Digital Yuan Pilot
7.3.2023
Major business players are joining the Hong Kong-Mainland China “cross-border” digital yuan pilot – including the e-commerce giant JD.com and the Bank of China.
The Bank of China is one of Mainland China’s largest state-run commercial banks, while JD.com is arguably the nation’s answer...
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
Oldest Known Miyamoto Interview Reveals Nintendo Staff Loved…Donkey Kong Jr. Math
28.2.2023
A newly translated 1986 interview between Nintendo’s Shigeru Miyamoto and Namco’s Masanobu Endo reveals some neat details about the games the two designers were playing at the time, what music Miyamoto was into, and his hopes for Mario’s future. Read more
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...