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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 Jan. 27, the SFC awarded operational licenses to tw…
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 second exchange to obtain a crypto license from t…
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 blockchain-powered solution with a mission to enab…
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 seed investor in Solana, investing $250,000 when SOL…
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 aims to foster a dynamic virtual asset ecosystem in …
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 woman at an exchange shop in Mong Kok on Saturday, w…
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, which targeted…
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 Hong Kong Takes Action to Shape AI Policies for th…
As Hong Kong seeks to establish itself as a global cryptocurrency hub, experts are warning that the city's cautious regulatory approach could hinder its growth in the rapidly evolving digital assets sector.
Hong Kong is reportedly considering involving the local securities regulator in licensing over-the-counter crypto trading services. Over-the-counter crypto trading services in Hong Kong might soon come under the joint oversight of the Securities and Futures Commission and the Customs and…
A Hong Kong lawmaker calls for a legal framework to regulate DAOs following a court ruling on a decentralized organization. Hong Kong might begin developing a regulatory framework for decentralized autonomous organizations, as lawmaker Johnny Ng Kit-chong advocates for clearer…