Hong Kong to Kickstart New Web3 and Digital Yuan Initiatives This Year
The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul…
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Hong Kong’s CSOP Bitcoin Futures ETF Sees 5-Fold Surge in Assets Amid BTC Rally
CSOP Asset Management, a capital market firm in Hong Kong, disclosed in an interview with Reuters that its exchange-traded product, the CSOP Bitcoin Futures ETF (3066.HK), has witnessed a surge…
HTX Withdraws Hong Kong License Application
The Virtual Asset Trading Platform (VATP) is a license provided by the government of Hong Kong that allows crypto exchanges to operate within the bounds of the region. Although the…
This Crypto Exchange Went Dark After $56.5M Outflow
Hong Kong-based cryptocurrency exchange BitForex has stopped all withdrawals for at least three days, leaving users puzzled and worried about the safety of their assets. This incident was revealed when…
Cryptocurrency Crimes in Hong Kong Almost Tripled Over the Last 3 Years
Over the past three years, the incidences of virtual asset-related crimes in Hong Kong have significantly increased. The cases reported amounted to 1,397, 2,336, and 3,415, involving HKD 824 million,…
Worldcoin Project Faces Scrutiny Over Iris Recognition Registration in Hong Kong: Report
Worldcoin’s legal problems are far from over. Spearheaded by OpenAI, Sam Altman’s Worldcoin initiative continues to find itself embroiled in a privacy controversy as reports emerge of a probe launched…
Hong Kong’s Harvest Fund Management Seeks Spot Bitcoin ETF Approval
The primary focus continues to be on spot Bitcoin ETFs and Hong Kong players do not want to be left behind. Harvest Fund Management’s Hong Kong branch is the latest…
Hong Kong regulator blocks access to two crypto entities, warning of fraud
According to the securities regulator, misleading information online could encourage individuals to invest in an HKD token issued by HongKongDAO.
Hong Kong Investors Fall Victims to Alleged $15 Million Crypto Scam
Following the JPEX fiasco, it appears that another crypto trading platform called Hounax reportedly scammed some Hong Kong investors, causing them to lose over $15 million. Meanwhile, some of the…
Hong Kong Securities Association suggests ICO to boost island’s economy
The Hong Kong Securities and Futures Association also suggested that Hong Kong’s authorities could implement Islamic Banking.
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