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…
Interactive Brokers, one of the largest brokerage firms in the world, has opened crypto trading for retail clients in Hong Kong. According to the Nov. 28 announcement, the service is offered in conjunction…
Key Takeaways Hounax defrauded 145 users in Hong Kong, leading to a loss of $18.9 million. The platform falsely claimed legitimacy and used social media for recruitment, joining a list of nine suspicious…
BC Technology Group, the parent company of Hong Kong’s publicly listed crypto exchange platform OSL, noted that Hong Kong regulators were swiftly approving cryptocurrency products after the scandal that rocked the digital asset…
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Hong Kong Exchanges and Clearing Limited (HKEX), the operator of The Stock Exchange of Hong Kong, Hong Kong Futures Exchange, and London Metal Exchange, is launching a novel equities settlement acceleration platform. Dubbed…
Eastern Asia ranks as the fifth most active crypto market, contributing 8.8% of global digital asset activity between July 2022 and June 2023. Its decline over the last few years has been notable…
Hong Kong regulators are looking to tighten the noose around the crypto market after arresting six individuals following allegations of fraud around an unlicensed crypto exchange, JPEX. The government intends to increase its…
HashKey Capital, a subsidiary of Hong Kong’s crypto juggernaut HashKey Group, is launching a fund on Friday with an unusual focus — second-tier cryptocurrencies, colloquially known as “altcoins.” This gamble veers away from…
Asian cryptocurrency exchange HashKey is set to start offering Bitcoin and Ether crypto trading services to retail customers in Hong Kong starting on August 28, according to a local media report. Investors will…
Hong Kong’s regulatory body, the Securities and Futures Commission (SFC), has recently observed various unlicensed virtual asset trading platforms (VATPs) resorting to dubious practices that could jeopardize investors’ trust and capital. These platforms…
Top Stories This Week The decentralized finance (DeFi) ecosystem experienced a challenging week after a seismic security incident led to over $61 million being stolen from Curve Finance’s pools, leaving several protocols facing…
Hong Kong now has the first licensed virtual asset service provider for retail investors. Hong Kong’s cryptocurrency landscape is witnessing a remarkable shift as regulatory approvals pave the way for individual investors to…
Hong Kong is expanding cryptocurrency trading exposure to individual investors, with at least one exchange getting the regulatory green light to offer the services. Local digital asset firm HashKey has successfully obtained all…
The idea of tokenizing real estate assets has long been a dream for many blockchain projects. And now, thanks to Hong Kong’s Central Bank Digital Currency (CBDC) pilot, Ripple Labs is one step…