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Hong Kong

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Crypto trading is an important part of the virtual asset ecosystem, says Hong Kong’s SFC chief

June 24, 2023 by DIGIT

According to the CEO of Hong Kong’s Securities and Futures Commission, Julia Leung Fung-yee, incorporating virtual assets into the regulatory system was crucial after FTX bankruptcy. Go to Source Powered by WPeMatico

Categories China, Cryptocurrency Exchange, Hong Kong

Lawmakers vs. the SEC vs. Binance: Law Decoded, June 12–19

June 19, 2023 by DIGIT

The SEC doesn’t have it all its own way in a court struggle with Binance.US and faces more media pressure. Go to Source Powered by WPeMatico

Categories ai, Binance, Europe, European Union, Hong Kong, SEC, Security

Hong Kong says Cyberport attracted 150 Web3 firms in a year

June 19, 2023 by DIGIT

The country’s Financial Secretary says state funding and support have helped draw Web3 innovators to the digital hub. Go to Source Powered by WPeMatico

Categories Funding, Hong Kong, web3

Hong Kong and the US aim for stablecoin regulations by 2024

June 13, 2023 by DIGIT

The U.S. is another country currently working on stablecoin market regulations having introduced three drafts of the bill until June first week. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Hong Kong, SEC, Stablecoin, United States

Hong Kong legislator invites Coinbase to the region amid SEC scrutiny

June 11, 2023 by DIGIT

Hong Kong fosters a favorable environment for industry growth amid its active regulation and dedication to becoming a digital hub. Go to Source Powered by WPeMatico

Categories Coinbase, Cryptocurrencies, Cryptocurrency Exchange, Hong Kong, SEC

Standard Chartered, PwC make case for programmable CBDC in China Greater Bay Area

June 1, 2023 by DIGIT

With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for CBDC research. Go to Source Powered by WPeMatico

Categories CBDC, China, Hong Kong, Retail

Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin

June 1, 2023 by DIGIT

The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation. Go to Source Powered by WPeMatico

Categories Dollar, Hong Kong, Stablecoin

Hong Kong Virtual Assets Consortium launched with Huobi as first member

May 31, 2023 by DIGIT

The new consortium will provide ratings of digital asset trading platforms and cryptocurrency market indexes when it becomes operational. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Hong Kong, Price Indexes

AML rules for digital assets to come into effect in UAE

May 31, 2023 by DIGIT

The licensed financial institutions would be required to identify and verify the identities of all customers. Go to Source Powered by WPeMatico

Categories AML, fatf, Hong Kong, UAE

Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening

May 30, 2023 by DIGIT

Hong Kong’s retail trading regime is days away from going live and crypto exchanges are keen to make entry into the region. Go to Source Powered by WPeMatico

Categories crypto exchanges, HK, HKLVAA, Hong Kong, June 1, licensing, Retail trading, SFC, vasp, Web3 Harbour
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$68,494.005.68%
  • ethereumEthereum(ETH)$2,020.977.94%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$639.963.68%
  • rippleXRP(XRP)$1.429.44%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$85.438.13%
  • tronTRON(TRX)$0.2745622.11%
  • dogecoinDogecoin(DOGE)$0.0959305.76%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.30%
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  • bitcoinBitcoin(BTC)$68,494.005.68%
  • ethereumEthereum(ETH)$2,020.977.94%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$639.963.68%
  • rippleXRP(XRP)$1.429.44%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$85.438.13%
  • tronTRON(TRX)$0.2745622.11%
  • dogecoinDogecoin(DOGE)$0.0959305.76%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.30%