Bookmarking Crypto Insights
Auto Added by WPeMatico
Unlicensed cryptocurrency platforms will not be allowed to operate in Hong Kong starting next June, according to the Securities and Futures Commission (SFC). The commission closed the period for these institutions to introduce their applications to obtain a license on February 29 and will progressively expel the noncompliant exchanges from the Hong Kong market. Hong … Read more
The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul Chan stated that the city would expedite a Web3 sandbox for stablecoins and expand the digital yuan pilot as part of its digital finance policies. … Read more
BlockShow marks its return to in-person conferences by joining forces with BlockDown to bring a crypto festival to an iconic Hong Kong location in May 2024. Go to Source
According to the securities regulator, misleading information online could encourage individuals to invest in an HKD token issued by HongKongDAO. Go to Source
The Hong Kong Securities and Futures Association also suggested that Hong Kong’s authorities could implement Islamic Banking. Go to Source
Hong Kong clients will be able to purchase Bitcoin and Ethereum in their personal accounts. Go to Source
Authorities in Hong Kong confirmed there were 145 affected users scammed on the unlicensed crypto exchange Hounax, resulting in $18.9 million in lost funds. Go to Source
The recent JPEX and Hounax exchange scandals have resulted in losses exceeding $100 million. Go to Source
HKVAEX and VAEXC are different crypto platforms in Hong Kong and have nothing to do with each other, a HKVAEX representative said. Go to Source
Interactive Brokers Hong Kong was approved for a license in Hong Kong for virtual asset trading for retail clients, as announced by the regional managing director on LinkedIn. Go to Source
