Animoca Brands reported $558 million in digital assets on its balance sheet, as per its latest unaudited financial disclosures. Since December 2023, the company has acquired an additional $266 million in digital assets…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis…
The primary focus continues to be on spot Bitcoin ETFs and Hong Kong players do not want to be left behind. Harvest Fund Management’s Hong Kong branch is the latest entity to apply…
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…
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’s leading financial institution, HSBC, has made a significant move by allowing its customers to trade Bitcoin exchange-traded funds (ETFs). This development marks a notable shift in the stance of traditional banks…
China’s anti-crypto position remains steadfast, despite increased adoption in Hong Kong. CPIC Investment Management CEO Chenggang Zhou claims Hong Kong’s growing embrace of cryptocurrencies doesn’t signify a shift in mainland China’s stance on…
The standards for Virtual Asset Service Providers (VASPs) in Hong Kong are set “incredibly high” as the Securities and Futures Commission (SFC) is wanting the crypto industry to match the same compliance standards…
Hong Kong is accelerating toward its goal of becoming a global crypto hub, according to the region’s Secretary for Financial Services and the Treasury. In a Monday speech at the Aspen Digital Web3…
Huobi hopes to be the first crypto exchange to receive a nod from Hong Kong’s financial regulator. Huobi Global, a Seychelles-based cryptocurrency exchange established in 2013, is working on receiving a license from…
Hong Kong’s ambition of becoming a cryptocurrency hub is reportedly seeing subtle support from the Chinese government, in what could be seen as a contrast to the mainland’s hard-line anti-crypto stance. In October…