Hong Kong
CoinDesk Brings Consensus to Hong Kong
The announcement comes as Hong Kong works to brand itself as Asia's digital assets trading hub.
AI-Linked Tokens Surge on Nvidia Hype; Nigeria's SEC Cracks Down on Crypto
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the 25% surge in artificial-intelligence tokens over the past 24 hours, according to data tracked by CoinGecko. Plus, Nigeria's SEC updates guidelines for crypto firms in an attempt to stop "criminal activities." And, the latest announcement from Hong Kong’s Central Bank on a wholesale CBDC project.
Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market
Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenized money," HKMA said.
Hong Kong's Markets Regulator Issues Warning Against Crypto Exchange BitForex
On Feb. 23., BitForex went offline after $57 million was reportedly withdrawn from the exchange's hot wallets.
HTX Withdraws Hong Kong Crypto Exchange Application
Hong Kong's securities regulators says HBGL Hong Kong Limited withdrew its application for a license on February 23.
Hong Kong Doubles Down on Stablecoin, OTC Rules Promise
Public consultations on stablecoins and over-the-counter trading are already in progress.
Hong Kong's Central Bank Issues Guidance for Firms Offering Crypto Custodial Services
The HKMA wants authorized institutions to undertake a comprehensive risk assessment followed by appropriate policies to manage identified risks.
Hong Kong to Consult on Regulation for OTC Crypto Venues 'Very Soon'
The Financial Services and the Treasury Bureau will consult on over-the-counter venues like shops and online platforms following the outlets' role in crypto fraud cases.
Floki Team Responds to Hong Kong Regulator Warning
Hong Kong's Securities and Futures Commission labeled Floki and its staking program a suspicious investment product.
BlackRock’s Spot ETF Notches Big Milestone; Bitcoin Whales Make New Moves
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines shaping the crypto industry, including a reported spot bitcoin ETF application from China-based asset manager Harvest Global Investments with Hong Kong's SFC. BlackRock's iShares Bitcoin ETF (IBIT) reaches $2 billion in AUM. And, a closer look at the latest price action in bitcoin as whales accumulate $3 billion worth of BTC this month, according to an analytics firm.