Tag: Hong Kong

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Story Highlights: Hong Kong is set to approve its first Bitcoin and Ethereum ETFs soon, aiming to lead the Asian crypto market. The move is viewed positively for investor protection and attracting investments, but concerns linger about stringent regulations. Approval signifies a significant step for digital asset development in Asia and could establish a new […]

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Today, the Hong Kong Securities and Futures Commission (SFC) released a cautionary notice, advising investors to stay alert to fake websites pretending to be real virtual asset trading platforms. It highlighted two main culprits: HSKEX, which is falsely claiming to be Hash Blockchain Limited with urls – www.hskexpro.com, www.hskex.com, www.hskexs.com, and www.hskexit.com. Another set, www.oslexu.com […]

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Today’s A17 edition of the Ta Kung Pao pointed out that the Hong Kong SAR government strongly supports the development of virtual assets, green finance and other directions, while providing strong support for family offices. Since last year, the SAR government has gradually relaxed its investment policy on cryptocurrencies, and the Hong Kong Stock Exchange […]

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In a significant move to regulate the burgeoning Hong Kong stablecoin market, the Hong Kong Monetary Authority (HKMA) the Financial Services, and the Treasury Bureau jointly announced a groundbreaking legislative proposal. Meanwhile, the initiative aims to establish a regulatory framework for stablecoin issuers, reflecting the evolving landscape of virtual assets. Notably, the proposal, marked by a comprehensive […]