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.


Finance

Hong Kong's Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report

For the moment, only bitcoin and ether can be traded, while the company works on "expanding our crypto offerings in the near future."

Hong Kong (Dan Freeman/Unsplash)

Policy

Standard Chartered, Animoca, and Three Others Join HKMA's Stablecoin Sandbox as Participants

On Wednesday, Hong Kong's central bank also said that it planned to present a bill on fiat-referenced stablecoins to the Legislative Council later this year.

Hong Kong harbor skyline view into Kowloon

Videos

What Wall Street's Pivot to Small-Cap Stocks Means for Crypto; Hong Kong Plans for Stablecoin Legislation

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, including insights from Marex Solutions on whether Wall Street’s pivot to shares in small-cap companies could fuel gains in the crypto market. Plus, the launch of spot ether ETFs in the US, and Hong Kong's plans for stablecoin legislation.

Recent Videos

Policy

Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends

Hong Kong authorities plan to introduce a bill into the Legislative Council before year-end.

Hong Kong (Dan Freeman/Unsplash)

Policy

Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms

Hong Kong's push to be seen as a major crypto hub could come under scrutiny if several or some of the 18 applicants for a license don't move past this important deadline.

Hong Kong (Dan Freeman/Unsplash)

Finance

Crypto Exchange OKX Withdraws Hong Kong License Application

The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month.

Hong Kong (Dan Freeman/Unsplash)

Policy

Worldcoin Operations Violate Privacy and Should Cease, Hong Kong Regulator Says

Privacy Commissioner for Personal Data personnel visited 10 of the project's locations in December and January.

On Jan. 31, the PCPD entered six premises involved in the Worldcoin project with court warrants for investigations. (PCPD)

Videos

Fantom Token Jumps; Dolce & Gabbana Sued for NFT Deliveries

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Fantom blockchain's FTM token rose 13% in the past week, outperforming the broad market CoinDesk 20 Index. Plus, Hong Kong is expanding the cross-border digital yuan pilot. And, a customer sued Dolce & Gabbana USA for its NFT deliveries, according to a report from Bloomberg.

Recent Videos

Policy

Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.

Hong Kong harbor skyline view into Kowloon

Finance

Huobi Hong Kong Withdraws License Application for the Second Time

HBGL Hong Kong Limited, the entity behind Huobi Hong Kong, first withdrew and then re-submitted its application for a Hong Kong VATP license in February.

Hong Kong (Ruslan Bardash / Unsplash)