The Securities and Futures Commission (SFC) of Hong Kong unveiled a streamlined licensing approach for virtual asset trading platforms (VATPs), marking another significant shift in the region's cryptocurrency regulatory landscape in recent months.Hon
Hong Kong courts can now serve tokenized legal notices on the blockchain against anonymous owners of illicit wallet addresses.A court injunction order seen by Cointelegraph showed two wallet addresses on Tron that received tokenized legal notices to
The Hong Kong Monetary Authority (HKMA) has launched an initiative to assist banks in adopting distributed ledger technology. On Jan. 8, the Hong Kong central bank announced the launch of its “Supervisory Incubator for Distributed Ledger Technology,”
A week into 2025, police from various jurisdictions have apprehended fraudsters running cryptocurrency-related schemes targeting hundreds of potential victims.On Jan. 5, Vietnamese police arrested four individuals involved in a cryptocurrency mining
Top Stories of The WeekOdds of 2025 US Solana ETF listing top 77%: VanEck research headThe odds of a Solana exchange-traded fund (ETF) listing in the United States this year are even higher than a popular betting markets optimistic forecast, accordin
As the co-founder and general partner at early stage venture capital fund Race Capital, Edith Yeung has had a front-row seat on the development of the crypto sector, particularly in Hong Kong, where she was born and raised. Most notably, she was a se
The Hong Kong Monetary Authority (HKMA) has warned the public about two foreign-based crypto companies allegedly misrepresenting themselves as banks. The firms were found to have used the term “bank” when describing their products and services, poten
The Hong Kong Monetary said two overseas crypto firms have misrepresented themselves as banks but did not disclose their names.
As bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin ETFs listed in Hong Kong recorded a trading volume of
Circle has plans to expand to Hong Kong, drawing on the region’s regulatory clarity. The USDC issuer is also neck-deep in pushing for an IPO. Circle Internet Financial, the firm behind the USDC stablecoin, recently disclosed its plans to expand into
Circle plans to bolster its foothold in Southeast Asia, with Hong Kong’s stablecoin roadmap incentivizing the firm’s proposed business expansion.
HKEX, a major global exchange group, is launching a new index series for Bitcoin and Ethereum to provide a transparent and reliable benchmark for pricing these cryptocurrencies in the Asian time zone. The index series adheres to EU regulations and ai
Hong Kong Exchanges and Clearing Ltd. announced that the “HKEX Virtual Asset Index Series” will go live on Nov. 15.
A Hong Kong woman lost $12K in a crypto exchange scam after waiting hours for a promised cash handoff that never arrived. Hong Kong Woman Scammed in Crypto Exchange Scheme Hong Kong authorities are investigating a cryptocurrency scam reported by a wo
[PRESS RELEASE – Miami, Florida, October 25th, 2024] Valhalla, Floki’s PlayToEarn Massively Multiplayer Online Role-Playing Game (MMORPG) blockchain game, has teamed up with the Hong Kong International Cricket Sixes as its official partner, marking t
Hong Kong is sharpening its focus on virtual asset trading and digital financial systems, local media reported on Oct. 23, citing Financial Secretary for Services and the Treasury Christopher Hui. Speaking at the Asia-Pacific Fintech Innovation Lab 2
Hong Kong police have dismantled a deepfake romance scam that swindled men out of $46 million through fake cryptocurrency investments. According to a local report, law enforcement in Hong Kong cracked down on a multinational crypto romance scam, whic
Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA's standards, including the use of Digital Token Identifiers.
As enthusiasm surrounding the introduction of spot Ethereum and Bitcoin ETFs in the United States continues to grow, Hong Kong has embarked on its journey to establish a spot ETF market for these digital assets. However, the performance of these exch
Blockdaemon's head of international said his team is working with Hong Kong spot crypto ETF issuers to develop staking solutions.