Hong Kong SFC gets the first Bitcoin ETF application
Ten Hong Kong financial institutions want to apply to start Bitcoin exchange-traded funds (ETFs), making the city the next stop after the United States for spot BTC ETF approval.
The…
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HashKey Group and OKX are considering teaming together to boost cryptocurrency innovation in Hong…
OKX is considering forming a partnership with HashKey Group, a Web3 technology business, to encourage the development and use of virtual assets in the Hong Kong market.
In an effort to…
Hong Kong’s HashKey becomes a unicorn with $100M
Among HashKey's stated plans for the incoming capital are investments in its asset management, node validation, tokenization, and Web3 incubator services.
The Hong Kong-based…
Hong Kong took the lead in 2023 when it came to changes in the crypto regulatory environment in Asia
Several international cryptocurrency companies have expanded to Singapore and Hong Kong this year, suggesting that these two jurisdictions may take the lead in crypto regulation in Asia.
…
Hon Kong partners with major banks to launch digital green bonds
Hong Kong is introducing digital green bonds in Asia, which is a significant development in the financing of digital assets.
The Asian city-state of Hong Kong (HK) is leading the way in…
The Hong Kong Securities Association claims that initial coin offerings (ICOs) may stimulate the…
Another group that has proposed Islamic banking to the Hong Kong government is the Securities and Futures Professional Association.
As part of its plan to reinvigorate the economy, the…
Hong Kong’s health care industry uses AI to fight rising superbugs
A new AI-powered initiative is being launched by the Hong Kong Hospital Authority to combat the rise of superbugs such as VRE and Candida auris.
In response to the concerning increase in…
Hong Kong’s SFC Issues Tougher Crypto Regulations in Response to Changing Market Conditions
The SFC has revised its crypto laws to cater only to institutional investors and to recast the roles of intermediaries in the crypto market.
The new regulations are a response to the…
The Hong Kong Monetary Authority Issues a Warning About Crypto Companies in Disguise
The Hong Kong Monetary Authority has issued cautions to the public against cryptocurrency businesses that falsely represent themselves as banks and offer their products as deposits.
…
CBDCs that settle on a central bank’s balance sheet are being tested in Hong Kong and Israel…
Ninety-three percent of the world's central banks are looking into the possibility of issuing CBDCs, according to BIS data.
To combat the privacy issues that have been raised in relation…
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