Hong Kong prepares to unveil its eagerly-awaited cryptocurrency licensing regime next month, aiming to solidify its position as Asia’s top destination for crypto exchanges and related businesses. Hong Kong is preparing to introduce its highly anticipated cryptocurrency licensing framework next month, aiming to...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitget crypto exchange has launched BitgetX.hk, a new platform dedicated to its Hong Kong customers, in anticipation of the region’s virtual assets service provider (VASP) regime scheduled to take...
In a groundbreaking decision, the Hong Kong High Court recognized cryptocurrency as property, marking a significant milestone for the future of digital assets in the city and beyond. The verdict, which centered on a liquidation case involving the now-defunct Hong Kong-based crypto exchange...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied China Bank of Communications Co., Ltd.’s Hong Kong subsidiary reportedly collaborates with several crypto companies with secured licenses in Hong Kong. According to reports, the state-owned bank works with...
Hong Kong’s foremost digital bank, ZA Bank, is reportedly poised to extend its virtual services to include crypto accounts and enable conversions between crypto and fiat currencies. This development comes as Hong Kong authorities endeavor to transform the area into a crypto and...
Tron founder Justin Sun announced his plan to return to Hong Kong on Twitter after he claimed to be suffering from homesickness and fear of missing out (FOMO). Hong Kong as a key market for Huobi Justin Sun claims to be homesick and...
Paul Chan Mo-po, the Hong Kong finance secretary, thinks this is the right time for the city to invest in web3 technology. Web3 is maturing According to reports on April 9, Mo-po is confident that despite the recent volatility witnessed in the cryptocurrency markets, marked...
Dubai-based Bybit has announced plans to build its central Asian business in Hong Kong. The exchange intends to have a segment of its marketing, research, and development team in the city. WSJ has recently reported that Bybit has plans to establish its primary...
The Hong Kong securities and futures commission (SFC) will reportedly issue licenses to at least eight crypto firms this year. The SFC’s anti-money laundering and counter-terrorist financing (amendment) ordinance will take effect in June. SFC to greenlight crypto firms As part of larger...
OKX exchange has set up shop in crypto-friendly Hong Kong and is now on the verge of applying for a virtual asset service provider (VASP) license in the SAR. OKX launching operations in Hong Kong OKX, the 7th-largest digital assets exchange in the...