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China tightens its grip on offshore tokenization as booming Hong Kong digital asset deals spark a fresh wave of regulatory caution and market frenzy. China Regulator Advises Firms to Suspend…
Two technicians in Hong Kong were arrested for allegedly stealing electricity from care homes for the disabled to run a covert cryptocurrency mining operation. Suspicious Activity Leads to Discovery Two…
QMMM Holdings, a Hong Kong-based digital media firm, saw its stock soar by 1,730% after announcing plans to launch a $100 million cryptocurrency treasury. QMMM’s Foray Into Web3 and AI…
Hong Kong’s financial regulator has received expressions of interest from at least 77 institutions seeking a limited number of initial stablecoin licenses, as major global and regional banks move to…
Hashkey aims to launch Asia’s largest digital asset treasury fund, unlocking a new era of institutional finance converging with crypto through a perpetual, multi-currency ecosystem. Hashkey Aims to Bridge Finance…
Huajian Medical (Hong Kong: 1931), a Chinese medical diagnostics provider, has reportedly launched its “Global Enhanced Ethereum Treasury with Downward Protection Mechanism” strategy, aiming to position ETH as its core…
Animoca Brands, Standard Chartered Bank Hong Kong (SCBHK), and HKT have launched Anchorpoint Financial Limited, a Hong Kong-based joint venture applying for a stablecoin issuer license under the city’s new…
The Hong Kong Monetary Authority (HKMA) has revealed that stablecoin holders will be verified using KYC methods to alleviate financial risks derived from the usage of these assets. The authority…
Eddie Yue, CEO of the Hong Kong Monetary Authority (HKMA), addressed the need for a cautious approach to the development of stablecoins in Hong Kong, emphasizing the importance of avoiding…
China Merchants Bank’s CMB International Securities has reportedly become the first mainland China-affiliated brokerage to secure a virtual asset licence from Hong Kong’s Securities and Futures Commission. This approval enables…