Tag: Hong

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HKbitEX Receives Provisional Approval for Virtual Asset Trading Platform License in Hong Kong

HKbitEX, a subsidiary of Tykhe Capital, has been granted a Type 1 regulated activity license and a Type 7 regulated activity license for...

Hong Kong Bitcoin ETFs Poised for Growth with In-Kind Creation Model

Analysts anticipate significant growth for Bitcoin exchange-traded funds (ETFs) in Hong Kong, driven by the...

Here’s How a Hong Kong Housewife Lost $908K to Crypto Scammers: Report

A 46-year-old housewife in Hong Kong has reported losses of 7.1 million Hong Kong dollars ($908,000) after investing in a fraudulent crypto investment...

Hong Kong Tags Crypto Exchange As ‘Suspicious’ In Regulatory Crackdown

The Hong Kong Securities and Futures Commission (SFC) has recently raised concerns over Bybit, marking it as a platform of suspicion. This move...

Hong Kong Launches Second Phase of e-HKD Pilot Program

Key Takeaways The HKMA has launched phase two of the e-HKD pilot,...

Hong Kong’s Regulator Warns Crypto Investors

Hong Kong's Securities and Futures Commission (SFC) has warned investors about Bybit and several of its offerings. The SFC highlighted the cryptocurrency exchange's lack...

Hong Kong Monetary Authority Launches Stablecoin Issuer Sandbox

On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the stablecoin issuer sandbox arrangement. The HKMA stated that...

Crypto Industry Players in Hong Kong Call for Swift Approval of Bitcoin ETFs

Authorities in Hong Kong have been urged to approve spot bitcoin exchange-traded funds in order to cement the region’s position as the financial...

Hong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative

The government of Hong Kong has announced Project Ensemble, an initiative that will test the functionality of a wholesale central bank digital currency...

Hong Kong Leaps into CBDC and Tokenization

Key Takeaways Hong Kong's HKMA is launching Project Ensemble to explore the...

Hong Kong’s SFC Launches Probe into BitForex

Hong Kong's Securities and Futures Commission (SFC) has flagged BitForex, a cryptocurrency exchange, for suspected fraud. The exchange abruptly went offline on February 23, with...

Hong Kong’s CSOP Bitcoin Futures ETF Sees 5-Fold Surge in Assets Amid BTC Rally

CSOP Asset Management, a capital market firm in Hong Kong, disclosed in an interview with Reuters that its exchange-traded product, the CSOP Bitcoin...