Tag: HongKong
Hong Kong’s Crypto Landscape Flourishes with 22 Major Firms Applying for Exchange Licenses
In an effort to solidify its position as a leading crypto hub in the region, Hong Kong has witnessed a surge in applications from 22 prominent crypto firms seeking licenses…
Hong Kong Initiates Consultation on Regulating OTC Crypto Trading
In a significant move, Hong Kong has unveiled a consultation process aimed at regulating over-the-counter (OTC) crypto trading. The Financial Services and the Treasury Bureau (FSTB) seeks to establish a…
Hong Kong’s Crypto Investors on Notice: Verify Platform Licenses Before Key Deadline
Hong Kong’s Securities and Futures Commission (SFC) has issued a crucial advisory to crypto trading platforms, making it mandatory for them to either apply for licenses by February 29 or…
Charting Crypto’s Evolution: HKVAC’s Moves Reflect Market Trends and Shifting Landscapes
Hong Kong Virtual Asset Consortium (HKVAC) has made significant revisions to its crypto indexes, particularly removing Ripple’s XRP from its top five global crypto index. Solana has taken over XRP’s…
Hong Kong likely to roll out stablecoin rules by 2024
Speaking at a forum in Shanghai, Hong Kong lawmaker Duncan Chiu said that the region is presently in the middle of a second round of consultations for forming rules to…
Gate Group Launches Crypto Trading Platform in Hong Kong, Expanding Market Presence
Gate Group, the company behind the popular cryptocurrency exchange Gate.io, has successfully launched a new cryptocurrency trading platform in Hong Kong. This move comes after the company announced its plans…
Hong Kong Set to Allow Retail Traders to Enter Crypto Market, Boosting Industry Growth
Hong Kong is poised to announce the conclusion of its consultation on a new initiative that will enable retail investors to trade cryptocurrencies. According to reports, the Securities and Futures…