Cryptocurrency traders in Hong Kong now have a choice of seven platforms for buying and selling four cryptocurrencies.
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“Hong Kong’s ‘one country, two systems’ framework lets it explore digital asset innovation more freely,” Ivan Ivanov told Cointelegraph.
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Hong Kong’s Securities and Futures Commission expects to issue licenses to some of the 11 crypto firms pending registration in the region.
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Singapore scored high in the adoption index because of several criteria, including regulations, innovation and technology.
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Previously, Hong Kong crypto buyers worth less than $1 million only had Bitcoin and Ether to choose from.
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Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets. Inconsistent Inflows and Outflows Mark Hong Kong Bitcoin ETFs’ First Weeks On Thursday, the spot bitcoin ETFs in Hong Kong experienced net negative outflows of approximately 104.79 BTC, valued […]
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Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial day. Despite High Hopes, Hong Kong’s Bitcoin ETFs Start Slow […]
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Hashkey Capital partner of liquids funds and research, Jupiter Zheng, says the crypto sector in Hong Kong is now primed for significant growth over the next four to five years.
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Hong Kong police have issued a warning concerning a recent Binance phishing scam targeting Hong Kong users of the platform.
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In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms.
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