Hong Kong's top financial official said the city's upcoming stablecoin regulations and role as an offshore yuan center have given it a strategic advantage as the global race to regulate digital assets intensifies.Paul Chan, Hong Kong's financial secr

Ant Group (688688.SS), an affiliate of China's e-commerce giant Alibaba , plans to apply for a license to issue stablecoins in Hong Kong through its overseas arm Ant International, the subsidiary said in a statement on Thursday.Last month, Hong Kong'

Ant International reportedly plans to apply for stablecoin issuer licenses in Singapore and Hong Kong, signaling growing institutional cryptocurrency adoption among fintech firms.Ant International, a Singapore-based unit of the Jack Ma-backed Ant Gro

Hong Kong’s financial markets regulator plans to allow crypto derivatives trading for professional investors, aiming to expand product offerings in the asset class and strengthen the city’s global competitiveness, China Daily reported.Crypto Derivati

Hong Kong’s Legislative Council passed the Stablecoin Bill, paving the way for a regulated framework that could position the region as a global leader in digital assets and Web3 development. In a May 21 post on X, Legislative Council member Johnny Ng

Bitcoin mining firm Bitdeer reported a sharp decline in revenue in the first quarter of this year, but saw a substantial increase in net income mainly due to non-cash gains from derivatives.The Nasdaq-listed mining firm recorded $70.1 million in tota

Animoca Brands is looking at trends in real-world tokenized assets, AI projects, and the gaming sector to invest in and develop, according to Omar Elissar, the company's managing director for the Middle East and the head of Global Strategic Partnersh

SNS and the Mad Lads CN community are inviting attendees of Hong Kong Web3 events to take a break from screens and join a community hike on April 8. Refer to the official tweet by FIDA: We're hiking with the community in Hong Kong & so should you!

NEXO will be attending Consensus Hong Kong, scheduled to take place in Hong Kong from February 18 to 20. The event will bring together industry leaders to explore the latest trends and opportunities shaping the evolving cryptocurrency landscape. Refe

Standard Chartered's Hong Kong unit, web3 investor Animoca Brands and telecom company Hong Kong Telecommunications (HKT) have teamed up to form a joint venture to issue a stablecoin pegged to the Hong Kong dollar.The joint venture plans to apply for

A spokesperson for Invest Hong Kong, the territory's government agency that facilitates foreign investments, has confirmed that crypto including ether and bitcoin can be used as proof of assets when applying for its New Capital Investment Entrant S

The Securities and Futures Commission (SFC) of Hong Kong issued the first set of operational licenses of 2025 to two crypto trading platforms. The regulator has issued seven crypto licenses in total since it started a licensing drive in mid-2024.On J

Hong Kong’s Securities and Futures Commission (SFC) flagged 33 additional suspicious websites masquerading as HashKey, one of the city’s licensed cryptocurrency trading platforms, taking the total number of identified impersonators to 45.HashKey, the

Pundi X will participate in the upcoming Consensus Hong Kong conference scheduled from February 18 to 20 in Hong Kong. Refer to the official tweet by PUNDIX: team will be at on February 18th - 20th. 🚀 PUNDIX InfoPundi X (PUNDIX) is a revolutionary

As the co-founder and general partner at early stage venture capital fund Race Capital, Edith Yeung has had a front-row seat on the development of the crypto sector, particularly in Hong Kong, where she was born and raised. Most notably, she was a se

The Hong Kong Monetary said two overseas crypto firms have misrepresented themselves as banks but did not disclose their names.

HKEX, a major global exchange group, is launching a new index series for Bitcoin and Ethereum to provide a transparent and reliable benchmark for pricing these cryptocurrencies in the Asian time zone. The index series adheres to EU regulations and ai

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 Hong Kong authorities are investigating a cryptocurrency scam reported by a wo

Hong Kong police have dismantled a deepfake romance scam that swindled men out of $46 million through fake cryptocurrency investments. According to a local report, law enforcement in Hong Kong cracked down on a multinational crypto romance scam, whic

Hong Kong prepares new AI regulations to enhance its financial sector. Officials plan to publish guidelines during Hong Kong Fintech Week in October 2024. Continue Reading:Hong Kong Takes Action to Shape AI Policies for the Financial Sector The post