Hong Kong recently introduced its first guidelines for AI use in finance, marking a step toward structured innovation in the sector. Alongside, the government has proposed tax incentives for digital assets, aiming to position itself as a prominent business hub…
Hong Kong’s SFC plans to finalize digital asset exchange licenses by year-end, boosting …..
Hong Kong’s digital asset landscape is entering a pivotal moment as authorities intensify their efforts to shape a regulated environment for digital-asset exchanges. After several months of inspections and feedback sessions, Hong Kong Securities and Futures Commission (SFC) is set…
Blockdaemon, block infra firm targets 2026 IPO favoring Hong Kong over US
Blockchain infrastructure has become a critical foundation for the rapidly evolving world of cryptocurrency and decentralized finance. Among the companies leading the charge in providing blockchain infrastructure is Blockdaemon, a US-based firm that has quickly garnered attention for its extensive…
Hong Kong Crypto Exchanges Struggle to Secure Full Licenses
Hong Kong is at a critical juncture as it navigates the complex and evolving landscape of digital assets. The city, long considered a financial hub in Asia, is now pushing to establish itself as a leading center for cryptocurrency and…
CSOP Launches Inverse Bitcoin ETF in Hong Kong
Hong Kong is set to transform the cryptocurrency investment landscape with the launch of a new Bitcoin exchange-traded fund (ETF) by CSOP Asset Management Ltd. This development allows investors to bet against Bitcoin, offering a novel financial instrument amidst the…
Hong Kong Stablecoin Regulation Boosts Digital Asset Hub
Hong Kong vibrant financial ecosystem is undergoing a transformative shift, as the city embraces the potential of stablecoins to drive the next wave of digital asset innovation. With the introduction of a comprehensive licensing regime for stablecoin issuers, the city…
Hong Kong Nears Approval for Staking in Ether ETFs
Hong Kong is on the verge of a move in the cryptocurrency market. The city is considering allowing staking for exchange-traded funds (ETFs) that invest directly in Ether (ETH). This move could unlock a new source of passive income for…
Hong Kong Approves Six Crypto Based Spot ETFs Set to Begin Trading April 30
Hong Kong has taken a significant step in embracing the world of cryptocurrencies by officially approving six crypto-based spot Exchange-Traded Funds (ETFs) to commence trading on April 30, according to analysts at Bloomberg. This move marks a positive development for…
Aptos, Founded by Former Meta Staff, Explores DeFi Opportunities in Hong Kong
Cryptocurrency trading has witnessed a significant surge in Hong Kong since the legalization of this digital asset class in June last year. This move has attracted blockchain projects from the West, with Aptos being one of the notable players. Aptos,…
Hong Kong Enacts Stringent Regulations to Curtail Covert Cryptocurrency Transactions
In Hong Kong, a vibrant network of small shops has emerged, offering seamless conversion between cash and cryptocurrencies. These shops, also known as over-the-counter (OTC) crypto providers, have played a significant role in facilitating the city’s booming digital assets market.…
How did a hacker spike Bitcoin by hacking SEC account?
In a recent high-profile case, an Alabama man was arrested for allegedly hacking into the Securities and Exchange Commission’s (SEC) X account. This incident has drawn significant attention due to its potential impact on the financial markets and the cunning…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
