SFC – DIGIT INFO

Hong Kong Reiterates Unlicensed Cryptocurrency Platforms Will Be Expelled by June

Hoing Kong Reiterates Unlicensed Cryptocurrency Platforms Will Be Expelled by June

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 […]

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JPEX scandal won’t hurt Hong Kong crypto vision: Financial Secretary

Christopher Hui took the stage at Fintech Week and outlined a list of regulatory moves Hong Kong authorities are looking to implement following the JPEX scandal.

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Hong Kong police, regulator form crypto task force as JPEX saga unfolds

The joint group was established in light of the ongoing crypto scandal in Hong Kong involving the JPEX crypto exchange.

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SEBA Bank secures in-principle nod for crypto services in Hong Kong

SEBA Hong Kong’s approval joins a flurry of regulated crypto activity that’s taken place over the past month.

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Hong Kong establishes task force to advance Web3 development

The task force will advise on the “sustainable and responsible” development of Web3 in Hong Kong, according to the statement.

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Hong Kong and UAE central banks collab on crypto rules, fintech development

The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.”

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

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

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HashKey launches wealth management service, citing ‘significant’ demand

Hong Kong’s HashKey recently received a number of licenses from local regulators, allowing it to expand its range of products and services.

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Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary

Since October, more than 80 virtual asset companies have expressed interest in establishing in the city, while 23 have indicated actual plans of doing so.

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Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’

The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest directly in crypto assets. “We’ve had four years of experience in regulating this industry … We think that this may be actually a good time […]

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