Hong Kong proposes tax breaks to attract crypto hedge funds, investors
Hong Kong’s move to exempt crypto gains from taxes targets hedge funds and family offices, boosting its competitiveness. Go to Source
Hong Kong
Auto Added by WPeMatico
Non-USD stablecoins can spur adoption: Report
Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report. Go to Source
Largest Digital Bank in Hong Kong to Offer Bitcoin Trading to Retail Users
ZA Bank combines traditional banking with digital assets to offer cryptocurrency services to retail users. Bitcoin Trading for Retail Customers in Asia Zhong An (ZA) Bank, a digital bank in Hong Kong, has declared that it has become the first bank in Asia to provide retail customers with bitcoin trading services. The launch of the … Read more
Hong Kong Cyberport Web3 network grows to 270 blockchain firms
Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong. Go to Source
18 US states file lawsuit against SEC, Gary Gensler: Law Decoded
Consensys CEO Joe Lubin said SEC crypto cases will be settled or dismissed under the incoming Trump administration. Go to Source
Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks
The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify the legitimacy of such claims. The HKMA observed that two crypto firms, which are not licensed banks in Hong Kong, misrepresented themselves — one by … Read more
Wave of All-Time Highs Causes Trading Volume of Hong Kong Spot Bitcoin ETFs to Skyrocket
As bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin ETFs listed in Hong Kong recorded a trading volume of over HK$120 million last week, marking a remarkable increase of more than 55% compared to … Read more
3 Central Banks Forge New Path in Cross-Border Digital Asset Innovation
New partnerships between central banks target digital currency integration to streamline tokenized cross-border transactions and modernize the global financial infrastructure. Cross-Border Finance Revolution: Three Nations Pioneer Digital Asset Integration The Hong Kong Monetary Authority (HKMA) unveiled two significant partnerships this week to promote cross-border tokenization with the Bank of Thailand (BOT) and Brazil’s Banco Central … Read more
Hong Kong court rules for investors in JPEX cryptocurrency fraud case
This was the first case against JPEX, which operated in Hong Kong without a license. Go to Source
Hong Kong Unveils Regulation Roadmap, Hints at New Cryptocurrency Incentives
The government of Hong Kong is on the verge of completing stablecoin regulations to become a more friendly hub for cryptocurrency investments. In addition, authorities stated that they have been considering extending crypto tax cuts to more investors. Hong Kong to Finalize Stablecoin Regulation, Talks New Tax Breaks for Cryptocurrency Investors Hong Kong is poised … Read more
