DWF Labs Dismisses Partner Amid Allegations of Misconduct
Crypto-focused venture capital firm DWF Labs has severed ties with a partner accused of inappropriate behavior during a company event in Hong Kong. The company took action after a woman…
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Hong Kong Unveils Regulation Roadmap, Hints at New Cryptocurrency Incentives
The government of Hong Kong is on the verge of completing stablecoin regulations to become a more friendly hub for cryptocurrency investments. In addition, authorities stated that they have been…
Man Vanishes With Woman’s Crypto, Prompting Police Investigation in Hong Kong
A Hong Kong woman lost $12K in a crypto exchange scam after waiting hours for a promised cash handoff that never arrived. Hong Kong Woman Scammed in Crypto Exchange Scheme…
Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan,…
Hong Kong Police Bust Deepfake Romance Crypto Scam That Resulted in $46M Theft
The Hong Kong Police Force (HKPF) has dismantled a massive cross-border fraud operation that used deep fake technology to con men into phony cryptocurrency investments. The scam targeted men through…
Hong Kong’s Fraud Empire Collapses: How Triads, AI, and Fake Love Fuel Massive Crypto Heist
Hong Kong police have dismantled a notorious fraud syndicate responsible for defrauding victims of HK$360 million using romance scams tied to fake cryptocurrency platforms. Arresting 27 individuals, some linked to…
Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval
Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi.…
Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases
The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected,…
Sygnum Secures Liechtenstein License to Expand Crypto Services in EU
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and…
South Korea, Hong Kong Lead Crypto Market Growth in East Asia
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads…
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