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Hong Kong has approved cryptocurrency as proof of assets for investor immigration, recognizing bitcoin and ethereum holdings in two cases under its HK$30 million residency requirement. Crypto as Proof of…
A Hong Kong court successfully executed an injunction against two cryptocurrency wallets using tokenized technology. This precedent-setting move involved serving the order, which froze $2.66 million worth of tether stablecoins.…
UTXO Management’s acquisition of HK Asia Holdings Limited aims to position the company as a force in Hong Kong’s dynamic financial ecosystem. UTXO Management Completes Strategic Expansion Into Hong Kong…
Governments and central banks, from the United States to Switzerland, are giving Bitcoin serious consideration as an alternative to traditional reserve assets, with the Czech Republic being one of the…
Hong Kong may soon join the list of countries leveraging bitcoin (BTC) as a store of value and a hedge against inflation by establishing the cryptocurrency as a fiscal reserve…
This framework will provide the legal foundation for stablecoin regulation in Hong Kong. Regulation for Stablecoins Hong Kong is taking another bold step in its aspiration to establish itself as…
ZA Bank combines traditional banking with digital assets to offer cryptocurrency services to retail users. Bitcoin Trading for Retail Customers in Asia Zhong An (ZA) Bank, a digital bank in…
The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify…
As bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin…
Animoca Brands – the Hong Kong-based Web3 giant – led the venture landscape in October, signaling broader ambitions across different sectors. Messari reported that Animoca made nine investments, surpassing other…