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Hong Kong
Hong Kong is a significant hub in the global cryptocurrency landscape, home to numerous blockchain companies, crypto exchanges, and enthusiasts. The region boasts a robust regulatory framework, fostering a conducive environment for crypto-related activities. Renowned crypto exchanges like Bitfinex and OKEx are headquartered here, facilitating vast daily trading volumes. Hong Kong's blockchain networks are advanced, supporting various protocols and fostering innovation in the crypto space. The region's crypto community is diverse, involving investors, traders, developers, and blockchain startups. Despite its traditional finance background, Hong Kong has embraced the digital asset revolution, positioning itself as a leading player in the crypto world.
Bitzlato Founder Arrested, US Department of Justice Says
The U.S. Justice Department and Treasury Department have targeted Bitzlato Limited, a Hong Kong-registered cryptocurrency exchange, with accusations of money laundering. According to the Department of Justice, Bitzlato founder Anatoly Legkodymov was arrested in Miami and is slated to be arraigned in the U.S. District Court for the Southern District of Florida on Wednesday afternoon.
Fidelity International-Backed Exchange OSL Cuts Workers Amid Crypto Winter: Bloomberg
Hugh Madden, CEO of OSL's parent company, cited current market conditions.
Hong Kong to Propose Approved Set of Crypto Tokens for Retail Trading: Reuters
The CEO of the Hong Kong's securities regulator said only "highly liquid" assets will be on the list.
Hong Kong’s Finance Regulator Calls for 'a More Solid Footing' for Crypto
After crypto firms have left the city, the regulator says it’s now moving with the market and industry.
Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging
Newly named Metalpha has its work cut out for it, hedging an uncertain market for institutional clients.
Blockchain Education in Hong Kong Universities
Host Joel Flynn discusses Hong Kong universities leading the way on developing talent for the future of Web3. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Hong Kong's New Bitcoin and Ether Futures ETFs Raise $79 Million in Trading Debut
The Hong Kong Stock Exchange now has its first two cryptocurrency funds.
Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'
Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission, will be commencing his role with the Financial Conduct Authority on Feb. 20, he told the Treasury Committee.
Hong Kong Amends Finance Law to Incorporate Crypto Firms
Virtual asset service providers will be covered by terror financing and anti-money laundering rules as of June 2023.
Innovation vs Regulation
Could Hong Kong and Singapore rival the U.S. together? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."