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18 Mar 23

Kaiko relocates to Hong Kong amid city’s pro-crypto policy pivot

Kaiko, the cryptocurrency market data provider based in Paris, is set to relocate its Asian headquarters from Singapore to Hong Kong, driven by the latter’s efforts to cement itself as a global leader in the digital asset space. The city’s pro-crypto policy pivot and emergence from Covid-related restrictions were also key factors that influenced the […]

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23 Feb 23

Gate.io to launch in Hong Kong as government invests $6.4m in web3

Crypto exchange Gate.io has announced its plans to launch in Hong Kong following the government’s cash injection of HKD 50 million ($6.4 million) into web3 under the city’s 2023-24 budget. On Feb. 22, Gate Group announced it would apply for a cryptocurrency license in Hong Kong. Hippo Financial Services, the firm’s local subsidiary, was granted […]

20 Feb 23

Huobi seeking Hong Kong license to launch local exchange

Huobi is taking steps to gain approval from Hong Kong regulators to operate in the city, and also establish a local subsidiary that will cater to institutional investors. Huobi looking to service Hong Kong customers In a tweet thread on Feb. 20, 2023, Justin Sun, advisor at Huobi and TRON founder, said that the new […]

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20 Feb 23

Hong Kong SFC debates allowing retail investors to invest in crypto

The Hong Kong Securities and Futures Commission (SFC) is holding discussions over a proposal to allow retail investors to invest in cryptocurrency. The SFC has launched a consultation paper outlining the potential risks and benefits of allowing retail crypto investments. The proposal aims to provide investors greater access to digital assets while ensuring appropriate investor […]

16 Feb 23

South Korea and Hong Kong join forces for crypto crackdown

South Korean and Hong Kong Customs administrations have struck a partnership to help curtail illegal foreign transactions that are carried out via digital assets. The duo to stop illegal foreign exchange transactions via crypto South Korean authorities formed a partnership with Hong Kong regulators to help reduce the use of digital assets to circumvent illegal […]

16 Feb 23

Hong Kong to legalize cryptocurrency trading

Hong Kong is set to open its doors to digital assets and investors, with ambitious plans to become an Asian crypto hub. In a move expected to increase the flow of capital from China into digital assets, Hong Kong will legalize the purchase, sale, and trading of cryptocurrencies for all of its citizens in June. […]

14 Feb 23

Bitcoin-friendly DBS Bank to offer crypto services in Hong Kong

DBS Bank has revealed that it’s seeking regulatory approval from Hong Kong authorities to offer crypto services to its regional customers. Last year, the bank recorded a four-fold surge in demand for its bitcoin (BTC) trading service. In a bid to take advantage of Hong Kong’s newfound liberal stance towards blockchain-based digital assets, DBS Bank, […]

06 Feb 23

Hong Kong regulator expands crypto oversight team

A Feb. 6 filed report highlighted Hong Kong’s securities and futures commission’s plans to hire additional staff to provide a better supervisory role to virtual asset service providers in Hong Kong. Until recently, only professional or retail investors with portfolios worth at least HK $8 million could use trading platforms regulated in Hong Kong. But […]

31 Jan 23

Hong Kong regulators push for stablecoin guidelines

Regulators in Hong Kong are looking to establish guiding principles for stablecoins before the end of 2023. The news is the latest in a series of crypto-focused regulations from Hong Kong as the city looks to revert to its former cryptocurrency-friendly stance. Stablecoin rules coming in Hong Kong Hong Kong Monetary Authority (HKMA) has announced […]

02 Jan 23

Hong Kong brokers prepare ground to trade digital assets

Financial services companies in Hong Kong are moving quickly to establish the basis for their retail clients to be allowed to trade digital assets in the upcoming months. Brokers and fund managers prepare for trading in virtual assets Last month, the Legislative Council approved an amendment to the anti-money laundering and counter-terrorist financing act. It […]

Kaiko relocates to Hong Kong amid city’s pro-crypto policy pivot

Gate.io to launch in Hong Kong as government invests $6.4m in web3

Huobi seeking Hong Kong license to launch local exchange

Hong Kong SFC debates allowing retail investors to invest in crypto

South Korea and Hong Kong join forces for crypto crackdown

Hong Kong to legalize cryptocurrency trading

Bitcoin-friendly DBS Bank to offer crypto services in Hong Kong

Hong Kong regulator expands crypto oversight team

Hong Kong regulators push for stablecoin guidelines

Hong Kong brokers prepare ground to trade digital assets

Crypto thriving in Turkey despite uncertain economic times

ConsenSys and MoonPay enable crypto purchases in Nigeria via MetaMask

Adam Cochran calls Balaji’s $1m bitcoin goal impossible

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