Cryptocoins News / Blockchain - 11 months ago
Hong Kong is set to become the first market in Asia to allow Virtual Asset Spot ETFs, with around ten fund companies preparing for launch. This move signifies a major shift in the region's approach to virtual assets. (Read More)
Cryptocoins News / Blockchain - 11 months ago
Alchemy Pay enhances Hong Kong's crypto infrastructure by adding new BINs for its Crypto Virtual Card, aligning with the region's evolving regulatory landscape and advancing global crypto payment solutions. (Read More)
Bitcoin News / Bitcoin Magazine - 1 year ago
The city of Hong Kong is serious about crypto. After three years of struggles with COVID-19, the city is vibrant and flourishing again as business executives and tourists of all kinds pour back into Asia's financial center. New guidelines from the Se...
Bitcoin News / Google News Bitcoin - 1 year ago
Hong Kong Regulator Prepares to Approve In-Kind Spot Bitcoin ETFs – Regulation Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 1 year ago
Hong Kong Monetary Authority (HKMA) and Financial Services and the Treasury Bureau have released a public consultation paper to gather residents’ opinions on the proposed regulatory regime for stablecoin issuers. The HKMA also announced the introduct...
Cryptocoins News / Blockchain - 1 year ago
Hong Kong is launching a public consultation to establish comprehensive stablecoin regulations, aiming to balance innovation with investor protection, marking a significant step in cryptocurrency governance. (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
Hong Kong’s financial regulator has published rules for spot bitcoin exchange-traded fund (ETF) issuers, allowing the use of both cash and in-kind creation models. This approach contrasts with the U.S. Securities and Exchange Commission (SEC),...
Bitcoin News / Bitcoinist - 1 year ago
Hong Kong’s financial authorities have initiated a public consultation to formulate a comprehensive crypto-related regulatory framework.
The Hong Kong Monetary Authority (HKMA) and the Financial Services and Treasury Bureau (FSTB) jointly launc...
Cryptocoins News / Finance Magnates - 1 year ago
The authorities in Hong Kong are exploring regulating stablecoins, as the latest consultation paper proposed the regulation of fiat-referenced stablecoins (FRS). If the proposed rules are implemented, stablecoin issuers in Hong Kong must obtain a loc...
Bitcoin News / Google News Bitcoin - 1 year ago
Industry leaders see Hong Kong as next bitcoin ETF hub amid US approval anticipation& & The Block - Crypto News
Bitcoin News / Bitcoinist - 1 year ago
Hong Kong has announced its readiness to accept applications for spot crypto exchange-traded funds (ETFs). The Securities and Futures Commission (SFC), Hong Kong’s financial watchdog, alongside the Hong Kong Monetary Authority, the city’s central ban...
Cryptocoins News / CoinJournal - 1 year ago
Hong Kong’s SFC and HKMA are ready for spot crypto ETF applications.
SFC revises rules, allowing funds direct exposure to spot virtual assets, emphasizing secure transactions.
Contrary to China’s stance, Hong Kong attracts 11% of global...
Bitcoin News / Bitcoin.com - 1 year ago
Hong Kong’s financial regulator has warned the public about two entities suspected of crypto frauds. In addition to issuing cease and desist letters to relevant website operators requesting them to cease offering crypto tokens for purchases, th...
Cryptocoins News / Blockchain - 1 year ago
The SFC of Hong Kong warns against HongKongDAO and BitCuped for suspected fraud, blocking their websites and extending caution to other virtual asset platforms. (Read More)
Cryptocoins News / CoinJournal - 1 year ago
Hong Kong’s Securities and Futures Commission (SFC) banned the two crypto websites for scamming users.
HongKongDAO and BitCuped were blocked after a joint effort of the police and internet providers.
The two cases come not long after investors...
Cryptocoins News / The Cointelegraph - 1 year ago
According to the securities regulator, misleading information online could encourage individuals to invest in the HKD token issued by HongKongDAO....
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong rocked by another $18.9 exchange fraud scandal, HTX offers airdrop in wake of $30M hack, and digital yuan takes off in HK and China....
Cryptocoins News / The Cointelegraph - 1 year ago
The Hong Kong Securities and Futures Professional Association also suggested that the region’s authorities could implement Islamic Banking....
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong clients will be able to purchase Bitcoin and Ether in their personal accounts. Interactive Brokers, one of the largest brokerage firms in the world, has open...
Cryptocoins News / Finance Magnates - 1 year ago
Hong
Kong authorities reported that 145 users fell victim to a scam orchestrated by
the unlicensed cryptocurrency exchange Hounax. It has resulted in a loss of 148
million HKD ($18.9 million), as reported by the local media outlet Shenzhen Commercial...