Hong Kong to license more crypto exchanges by end of year
Hong Kong’s Securities and Futures Commission expects to issue licenses to some of the 11 crypto firms pending registration in the region. Go to Source
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Singapore, Hong Kong and UAE lead in crypto adoption: Report
Singapore scored high in the adoption index because of several criteria, including regulations, innovation and technology. Go to Source
HashKey adds AVA and LINK trading for Hong Kong retail investors
Previously, Hong Kong crypto buyers worth less than $1 million only had Bitcoin and Ether to choose from. Go to Source
Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets. Inconsistent Inflows and Outflows Mark Hong Kong Bitcoin ETFs’ First Weeks On Thursday, the spot bitcoin ETFs in Hong Kong experienced net negative outflows of approximately 104.79 BTC, valued … Read more
HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels
Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial day. Despite High Hopes, Hong Kong’s Bitcoin ETFs Start Slow … Read more
Hong Kong ‘ready’ to capitalize on crypto’s next bull run: Hashkey Capital
Hashkey Capital partner of liquids funds and research, Jupiter Zheng, says the crypto sector in Hong Kong is now primed for significant growth over the next four to five years. Go to Source
Binance users in Hong Kong lose $450K in wave of fraud texts: HK police
Hong Kong police have issued a warning concerning a recent Binance phishing scam targeting Hong Kong users of the platform. Go to Source
Hong Kong to list ‘suspicious’ crypto platforms in wake of JPEX scandal
In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms. Go to Source
Hong Kong govt pressures banking giants to accept crypto clients: Report
Hong Kong’s central bank reportedly asked major banks including HSBC, Standard Chartered and Bank of China why they aren’t accepting crypto exchanges as clients. Go to Source Powered by WPeMatico
80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada, European Union countries, Singapore, the U.K., and the U.S. “We attach great importance to virtual asset (VA) and Web3,” said the government … Read more
