Hong Kong

The application deadline for crypto licenses for virtual asset trading platforms (VATPs) in Hong Kong has passed, and there were 24 submissions, which is far fewer than the 70 submissions in a comparable scheme in Singapore.The South…
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Two staking programs, "Floki Staking Program" and "TokenFi Staking Program," have come under fire from the Hong Kong Securities and Futures Commission (SFC). The financial regulator characterized both staking products as "suspicious," and…
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Several fund providers are interested in the first spot crypto ETFs to be launched in Hong Kong by OSL in mid-2024.The first spot cryptocurrency exchange-traded funds (ETFs) in the special administrative region might be available by…
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On X, Hong Kong politician Johnny Ng remarked that the city-state should introduce spot crypto ETFs and "take the lead" in the cryptocurrency industry.Following the U.S. approval of spot bitcoin exchange-traded funds earlier today, a…
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FSTB and HKMA request public feedback on stablecoin regulations, demonstrating their support for global standards and Web3 expansion.The Financial Services and Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) have…
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Hong Kong relaxes regulations, allowing more retail investors to access crypto ETFs while still maintaining necessary safeguards.A major change is coming to Hong Kong's Securities and Futures Commission (SFC). The public is now able to…
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Financial indexes are numerical scores that help investors keep track of aggregated data on various markets or sectors.These scores are often weighted according to certain criteria or the relative priority that each index manager…
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Joseph Lam (Lin Zuo), also known as 'jolamchok' on Instagram, was allegedly detained by Hong Kong authorities for his ties to the cryptocurrency exchange JPEX.According to reports, a social media influencer located in Hong Kong has…
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On Tuesday, a security breach occurred at the cryptocurrency exchange CoinEx Global, which resulted in the theft of around $43 million worth of crypto. CoinEx Global is situated in Hong Kong.Tokens such as Ether, XRP, Solana, Kadena,…
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Nearly a trillion dollars have been added to the US national debt in the last month.According to FiscalData's most recent figures, the national debt as of June 2nd, this year, was $31.467 trillion.On June 30th, after a month, the…
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