Hong Kong

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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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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