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Hong Kong SFC Warns Against Crypto Entities HongKongDAO and BitCuped for Suspected Fraud
The SFC of Hong Kong warns against HongKongDAO and BitCuped for suspected fraud, blocking their websites and extending caution to other virtual asset platforms.
Central Bank Executive Says Hong Kong Working On Investor Protection Measures
Central bank governors from around the world are currently in Thailand to discuss the role of central banks amid evolving financial technology. Eddie Yue, chief executive of the Hong Kong Monetary Authority discussed the rise of digital assets and central bank digital currencies (CBDC) and the risks associated with the new technology. Changyong Rhee, governor of the Bank of Korea was not so optimistic about the future of blockchain technology, especially in the monetary sector.
Hong Kong Outlines New Rules For Crypto Futures ETF Issuers
The Securities and Futures Commission (SFC) of Hong Kong, on Monday, published a detailed circular of the requirements exchange-traded fund managers need to meet to list their crypto products in the city.
FTX Founder says Hong Kong Could be Top Blockchain Hub in Asia
HKFTW2022: Crypto exchange FTX founder Sam Bankman-Fried said that, unlike the West, although Asia does not have a key web3, blockchain and cryptocurrency hotspot, Hong Kong could emerge as a leader in that sector.
Hong Kong, Singapore Sees Diverging Approaches to Retail Crypto Trading
Hong Kong is planning to shift to a friendlier approach towards cryptocurrencies starting next year, according to a Bloomberg report, while neighbouring Singapore is planning to impose fresh restrictions on consumers.
Hong Kong to Propose Statutory Licensing Regime for VASPs: CE John Lee
Hong Kong leader John Lee delivered his first policy address Wednesday, indicating that the administration has introduced a bill to propose establishing a statutory licensing regime for virtual asset service providers.
Germany Overtakes US to Become Rank 1 Crypto Economy, HK at 8
Germany has overtaken the US to become the world's top-ranked crypto economy in the third quarter of 2022. The US, which led the rankings alongside Germany last year, was pushed to seventh.
Hong Kong to Unveil Virtual Assets-Related Policy Statement on Upcoming Fintech Week
The Hong Kong Special Administrative Region's government will release the plans for the development of virtual assets in the city during FinTech Week by the end of this month.
PolyU 1st in Hong Kong to Offer Metaverse & Blockchain Post-grad Programmes
Hong Kong's Polytechnic University is offering a postgraduate course in the metaverse and blockchain-related technology from September 2023, costing around $40,000 for tuition fees.
Move-to-earn App STEPN to Land in Hong Kong's Cyberport
Move-to-earn app STEPN announced that it is opening an office in Hong Kong despite COVID-19 restrictions and a tough regulatory environment.