Chinese state-owned company launches crypto funds in Hong Kong
A major state-owned firm in China is launching two cryptocurrency funds in partnership with investment firm Waterdrip Capital.
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Hong Kong may license at least 8 crypto firms by year-end: former SFC regulator
Hong Kong may issue virtual asset trading licenses to at least eight cryptocurrency-related firms by the end of this year as part of the city’s new crypto licensing regime, said Angelina Kwan, chief executive officer of financial services firm Stratford Finance and a former regulator of the Hong Kong Securities and Futures Commission.
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OKX cryptocurrency exchange to apply for virtual asset license in Hong Kong
Seychelles-based cryptocurrency exchange OKX said it will apply for virtual asset licenses to operate digital asset services in Hong Kong.
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China state-owned banks turn crypto-friendly in Hong Kong: Bloomberg
China banks in Hong Kong are offering services to crypto businesses, Bloomberg reported on Monday, as more digital asset firms operate in the city.
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Hong Kong blockchain initiatives natural evolution for finance hub, says Signum Digital CEO
Hong Kong’s new crypto licensing regime isn’t the only bullish sign for the city’s digital asset industry, says Signum Digital, the first company to win a preliminary license to handle securitized tokens in the city.
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Hong Kong may face backlog in virtual asset license applications as demand grows, former SFC regulator says
Angelina Kwan, who helped shape early Hong Kong automated trading services and internet trading regulation, told Forkast the upcoming virtual asset licensing regime is almost identical to that for traditional financial institutions.
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Crypto data provider Kaiko to move Asia HQ to Hong Kong from Singapore: Bloomberg
Paris-based Kaiko will move its Asian headquarters to Hong Kong as it sees growing crypto-related opportunities in the city.
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Signum Digital says it won first approval to offer security tokens in Hong Kong
Signum Digital said it’s the first company to win preliminary approval in Hong Kong to operate a platform to trade security tokens.
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Hong Kong’s crypto scam losses in 2022 more than double from 2021: SCMP
Crypto scams accounted for over half of Hong Kong’s losses from computer-related crimes in 2022.
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China’s digital yuan initiative gets cold reception from Hong Kong visitors
China is promoting digital yuan to Hong Kong visitors, but has not received much enthusiasm so far.