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

TON Foundation Teams Up With HashKey to Drive Crypto On-Ramping in Telegram

HashKey and the Foundation are focussing their partnership on Hong Kong in the first phase

Toncoin rises amid potential Telegram IPO (Christian Wiediger/Unsplash)

Markets

Hong Kong's Incoming Spot Bitcoin ETFs Could Be 'Big Deal.' Here's What Analysts Say

Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.

Spot bitcoin ETFs could soon be coming to Hong Kong (Allan Watt/Flickr)

Videos

Hong Kong Could See Spot Bitcoin ETFs Soon; Friend.Tech Money Metrics Surge

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Hong Kong regulators are expediting the process to approve the spot bitcoin ETF applications, according to a report from Reuters. Plus, Friend.Tech sees money flowing back to the social application ahead of its potential airdrop. And, crypto exchange WOO X partnered with market maker Wintermute and indices provider GMCI to introduce a set of index perpetual contracts linked to meme coins, the top 30 cryptocurrencies, and layer 2 tokens.

Recent Videos

Policy

Hong Kong Said Likely to Approve Spot Bitcoin ETFs Next Week: Reuters

Hong Kong's regulators have sped up the approval process, according to a Reuters report.

Hong Kong harbor skyline view into Kowloon

Policy

HashKey’s Crypto Exchange Goes Live After Winning License in Bermuda

"HashKey Group aims to establish one of the world's largest cluster of licensed exchanges within the next 5 years, surpassing all current regulated exchanges," said Livio Weng, COO of HashKey Group.

16:9 Ben El-Baz, managing director of global crypto exchange HashKey Global at the Web3 Festival in Hong Kong. April 2024  (HashKey)

Videos

HSBC Brings Tokenized Gold to Hong Kong; Munchables Exploited for $62M

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as HSBC brings its tokenized gold product to Hong Kong, claiming bragging rights for being the first bank to create a blockchain-based real-world asset aimed at retail investors. Plus, Fetch.ai, SingularityNET, and Ocean Protocol agreed to combine their crypto tokens into one, and Web3 project Munchables was drained of an estimated $62.5 million worth of ether.

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Policy

Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF

In January, Harvest Global Investments, a major asset-management company in China, purportedly became the first to apply for a spot-bitcoin exchange-traded fund (ETF) with the SFC.

Hong Kong harbor skyline view into Kowloon

Finance

Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg

Allowing in-kind creations and redemptions for spot bitcoin ETFs in Hong Kong could bring a significant amount of money into the space from Chinese investors.

Hong Kong (Ruslan Bardash / Unsplash)

Policy

Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License

Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.

Hong Kong harbor skyline view into Kowloon

Videos

Next Up: BTC ETFs Go Global

CryptoQuant Head of Research Julio Moreno joins "First Mover" to discuss the success of spot bitcoin ETFs in the U.S. and the potential impact of the products on other parts of the world. Plus, why Hong Kong is ahead in the race for a spot ether ETF approval due to the clear regulatory guidelines in the region.

Spot Bitcoin ETF Update