Hong Kong

Singapore issued 13 crypto licenses in 2024, which is more than double the number of licenses issued the previous year. This attracts significant exchanges such as OKX and Upbit.Bloomberg has reported that Hong Kong's licensing regime,…
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In order to attract global capital and strengthen its status as a cryptocurrency center in Asia, Hong Kong is implementing tax exemptions on crypto investments for high-net-worth individuals, hedge funds, and private equity firms.This…
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The SFC of Hong Kong intends to fortify its status as the premier digital asset center in Asia by issuing additional crypto exchange licenses by the conclusion of 2024.The Securities and Futures Commission (SFC) of Hong Kong has…
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Hong Kong's Monetary Regulatory Authority has initiated Phase 2 of the e-HKD pilot program.On September 23, the Hong Kong Monetary Authority (HKMA) initiated the second phase of its central bank digital currency (CBDC), e-HKD. In an…
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The stablecoin consultation report results are scheduled for release by the financial authorities in Hong Kong in the near future as part of the region's legislative proposal to regulate the industry.The Securities and Futures…
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The company responsible for USDT, Tether, is currently under increasing scrutiny as a result of its purported involvement in significant illicit transactions.On July 3, a three-year-old child was abducted from a retail facility in…
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The Legislative Council (LegCo) of Hong Kong is soliciting policy proposals for web3 and virtual assets in order to stimulate industry expansion.Johnny Ng, a LegCo member, recently posted on social media that the Council has created a…
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Victory Securities has revealed its costs for Bitcoin and Ethereum ETFs, even though the Hong Kong SFC has not yet published an authorized list of issuers.Investors in Bitcoin exchange-traded funds (ETFs) may have seen the proposed…
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Deputy Secretary Huang Weilun proclaims Web3 a game-changer, with the goal of providing virtual asset platforms and developers with more legal protections for over-the-counter trading.Deputy Secretary of Financial Services and the…
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The Hong Kong virtual bank is planning to increase its footprint in the Web3 sector by providing local stablecoin problems with safe fiat reserve solutions.The announcement that ZA Bank of Hong Kong would provide stablecoin issuers…
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