Search
Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3
23.2.2023
Gate’s founder called Hong Kong a “hub,” meanwhile, the city’s financial secretary said the region “must keep up” with the “huge potential” of Web3
Federated Learning Consortium (FLC) for Decentralized AI to Launch in Hong Kong, Led by Phoenix and APEX Technologies
23.2.2023
PRESS RELEASE. After over a year of preparation and restructuring, decentralized and privacy-enabled AI organization Federated Learning Consortium (FLC) is set to launch as a for-profit research consortium in Hong Kong, China, shifting from a previously non-profit approach. FLC is set to be led...
Hong Kong takes measures to get virtual asset operators licensed by SFC
22.2.2023
The Securities & Futures Commission (SFC) takes inspiration from the Securities & Futures Ordinance with the difference that the SFC is dedicated to the operators of virtual assets. Hong Kong is now looking to strengthen its functions by ensuring that either the operators of virtual assets...
Hong Kong's Web3 Sector Gets HK$50 Million Boost in Annual Budget – Here's the Latest
22.2.2023
In line with the Chinese city’s plans to establish itself as a leading crypto hub in Asia, Hong Kong’s authorities have unveiled plans to set aside HK$50 million (US$6.4 million) in the territory’s 2023-2024 budget with the aim to boost the capacities of its Web3 sector....
Read More: Hong Kong's...
Hong Kong Backs Web3 With $6.4M in Annual Budget
22.2.2023
The city's Financial Secretary will lead a task force dedicated to development of virtual assets
Today in Crypto: 'Crypto Trading Activity Increased Markedly in the Wake of Terra & FTX Falls', Huobi Moving from Singapore to Hong Kong, Swarm Launches Tradable Stocks and Bonds On-chain
21.2.2023
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: 'Crypto Trading Activity Increased Markedly in the Wake of Terra & FTX Falls', Huobi Moving from Singapore...
Crypto Hub in the Making: Hong Kong Pushes Forward with Plans for Retail Crypto Trading
21.2.2023
In a push toward reclaiming its position as the world's crypto hub, Hong Kong has outlined plans to allow retail investors to trade certain digital currencies on licensed exchanges.
On Monday, Hong Kong's Securities and Futures Commission (SFC) published a consultation paper on its proposed...
Hong Kong’s Approach to Crypto Regulation Could Attract Capital, Talent to Asia: Bernstein
21.2.2023
The Securities and Futures Commission is adopting a “regulate to protect” approach to digital assets, the report said
How Hong Kong Is Gearing Up to Regulate Stablecoins
21.2.2023
Requiring foreign entities who have already issued stablecoins to set up a Hong Kong entity for issuing stablecoins might throw up complications
Hong Kong’s crypto ambition gets subtle nod from Beijing: Report
21.2.2023
While China has cracked down on cryptocurrencies in the mainland, it's apparently taking a softer approach to Hong Kong's crypto hub aspirations
Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg
21.2.2023
Report says officials from China’s Liaison Office have been spotted at crypto events in the City
Huobi crypto exchange aims to expand to Hong Kong amid regulatory changes
20.2.2023
The cryptocurrency exchange recently cut 20% of its staff, but now it will increase personnel in Hong Kong from 50 to 200
Today in Crypto: ‘Many Existing Stablecoins Would Not Meet Coming Standards’, Fireblocks to Launch Off-exchange Service, Stellar & USDC Added to Wirex Wallet
20.2.2023
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: ‘Many Existing Stablecoins Would Not Meet Coming Standards’, Fireblocks to Launch Off-exchange Service...
Hong Kong outlines upcoming crypto licensing regime
20.2.2023
Hong Kong’s Securities and Futures Commission is calling for public consultation over plans to allow licensed cryptocurrency exchanges to serve retail investors
Hong Kong Proposes Rules for Crypto Trading Platforms
20.2.2023
Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said
Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange
20.2.2023
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake...
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...