Regulation
HashKey Exchange and OSL licensed to serve retail investors
HashKey Exchange and OSL — the only two cryptocurrency exchanges licensed by the Hong Kong SFC — received license upgrades Thursday to service retail investors.
Tom Zuo
Lens
virtual asset service provider (VASP)
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Regulation
Hong Kong to be digital asset rules sandbox for China, says former city regulator
Virtual assets will receive the same regulatory clarity in Hong Kong as their real-world counterparts, says former Hong Kong SFC regulator Angelina Kwan.
Megha Chaddah
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Regulation
Hong Kong’s new crypto rules covered by China state TV in rare move from Beijing
Analysts say the move could signal a bull run in cryptocurrencies.
Tom Zuo
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Regulation
HKMA urges local banks to provide services to regulated digital asset firms
Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority, urged local lenders to provide banking services to regulated crypto firms.
Tom Zuo
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Regulation
Hong Kong’s new crypto regulation may lure Web3 firms back, experts say
Hong Kong’s proposed crypto licensing regime received Huobi Global’s pledge to return to the city, and more companies may follow, industry experts told Forkast.
Timmy Shen
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Regulation
Hong Kong financial service providers gear up for retail crypto traders
Hong Kong’s financial services providers, including local brokers and fund managers, are seeking advice to prepare for new licensing requirements which will allow them to provide services to retail traders, according to a media report.
Pradipta Mukherjee
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Regulation
Philippine central bank halts crypto service provider applications for 3 years
The Bangko Sentral ng Pilipinas (BSP) slaps a moratorium on new virtual asset service provider (VASP) license applications starting Sept. 1.
Ningwei Qin
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Regulation
Binance gets nod from Spain to offer crypto exchange, custody services
Binance’s third approval in Europe came after the Bank of Spain allowed its Spanish subsidiary to register as a virtual asset services provider (VASP), the world’s largest crypto exchange by volume said Friday. See related article: SEC said to probe Binance for rule violation in 2017 initial coin offering: report Fast facts The registration will […]
Ningwei Qin
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Regulatory News
Hong Kong regulator: ramp up oversight of virtual assets
An official from Hong Kong’s Securities and Futures Commission said on Tuesday that the regulator wants to increase oversight of virtual assets because scams related to them have emerged in the market, according to a report by local media etnet. Fast facts Julia Leung, deputy chief executive officer at SFC, said Tuesday at a webinar […]
Timmy Shen
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Regulatory News
Hong Kong regulator warns investors against digital tokens and ICOs
Hong Kong’s Securities and Futures Commission on Monday warned that digital tokens and initial coin offerings (ICOs) could be involved in unauthorized collective investment schemes (CIS) and urged investors to exercise extreme caution. Fast facts The SFC’s warning comes as the regulator added two property-related CIS investment projects and the “LABS Security Token” to its […]
Michelle Lim
