Cryptocoins News / Blockchain - 6 months ago
Hong Kong Mortgage Corporation Limited (HKMC) announces a HK$260 million loss for 2023, citing market-driven challenges. (Read More)
Bitcoin News / Bitcoin.com - 6 months ago
Hong Kong police have issued a warning over the rise in counterfeit banknotes, with many cases linked to cryptocurrency scams. Between January and April, authorities seized 3,396 fake notes valued at HK$2.55 million (US$326,130), a significant increa...
Bitcoin News / Google News Bitcoin - 6 months ago
Hong Kong Police Warn of Spike in Counterfeit Banknotes Used in Cryptocurrency Scams – News Bytes Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 6 months ago
Hong Kong’s Securities and Futures Commission (SFC) has published a list of two licensed crypto trading platforms and 17 pending applicants under the new regulations that went into effect on June 1. The financial regulator stresses that operating wit...
Bitcoin News / Google News Bitcoin - 6 months ago
Hong Kong Reveals 17 Crypto Trading Platform Applicants as New Regulations Take Effect – Regulation Bitcoin News& & Bitcoin.com News
Cryptocoins News / Blockchain - 6 months ago
HKMA releases data on Hong Kong's foreign currency reserves and liquidity for April 2024. (Read More)
Bitcoin News / Bitcoinist - 6 months ago
Hong Kong, a financial hub with a burgeoning interest in cryptocurrency, is undergoing a regulatory shakeup. The Securities and Futures Commission (SFC) has flexed its muscles, forcing unlicensed crypto businesses to exit the market and tightening th...
Bitcoin News / Bitcoin.com - 6 months ago
The Singaporean crypto exchange Bybit’s affiliate Spark Fintech Limited, has abandoned its pursuit of an operating license in Hong Kong. The affiliate withdrew its virtual asset trading platform application on May 31, exactly four months after...
Bitcoin News / Bitcoin.com - 6 months ago
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a...
Bitcoin News / Google News Bitcoin - 6 months ago
Hong Kong's Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1 ...& & Bitcoin.com News
Bitcoin News / Bitcoinist - 6 months ago
Hong Kong’s Securities and Futures Commission (SFC) has recently announced it will conduct in-site office inspections for the crypto platforms seeking licensing. The watchdog highlighted that the 18 “deemed-to-be-licensed” applicants would have to un...
Bitcoin News / Bitcoin.com - 7 months ago
Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024. The...
Bitcoin News / Google News Bitcoin - 7 months ago
Okx Ceases Crypto Trading Services in Hong Kong — Users Advised to Withdraw Assets – News Bytes Bitcoin News& & Bitcoin.com News
Cryptocoins News / Finance Magnates - 7 months ago
OKX withdrew its license application to provide
virtual asset services in Hong Kong and plans to discontinue centralized virtual asset trading services for users in the region. In a
statement on its website, the cryptocurrency exchange said that it w...
Cryptocoins News / CoinJournal - 7 months ago
OKX withdraws VASP license application in Hong Kong.
The exchange will cease trading services by May 31.
Users can withdraw funds until August 31.
OKX has announced the withdrawal of its Virtual Asset Service Provider (VASP) license application in...
Cryptocoins News / Finance Magnates - 7 months ago
Hong Kong is considering allowing staking for
exchange-traded funds (ETFs) investing directly in ether. The Securities and
Futures Commission (SFC) of Hong Kong is engaging the city’s cryptocurrency ETF
issuers about providing staking services throug...
Bitcoin News / Bitcoin.com - 7 months ago
The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting W...
Bitcoin News / Bitcoinist - 7 months ago
Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has served an enforcement notice to Worldcoin, a crypto project co-founded by OpenAI’s CEO Sam Altman, asking them to cease operations. The resolution concludes the investigation...
Bitcoin News / Bitcoinist - 7 months ago
In a significant development for the recently approved Ethereum ETFs in Hong Kong, the ETF product launched by Chinese fund manager ChinaAMC has seen a significant increase in net inflows, reaching over HK$5 million (US$640,780) as of mid-day Wednesd...