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.


Policy

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.

Justin Sun in 2019 (CoinDesk)

Policy

Hong Kong Doubles Down on Stablecoin, OTC Rules Promise

Public consultations on stablecoins and over-the-counter trading are already in progress.

Hong Kong harbor skyline view into Kowloon

Policy

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 harbor skyline view into Kowloon

Policy

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.

Hong Kong harbor skyline view into Kowloon

Policy

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.

Credit: Pixabay

Videos

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.

Recent Videos

Policy

Hong Kong Gets Spot-Bitcoin ETF Application, Stablecoin Interest From China’s Harvest Global: Reports

Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.

Hong Kong harbor skyline view into Kowloon

Policy

Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum

Hong Kong has voiced the most interest in achieving the reality of a bitcoin ETF approval, and that the U.S. approval could move things along faster

Globe, World (Kyle Glenn/Unsplash)

Finance

Hong Kong Crypto Exchange HashKey Becomes Crypto Unicorn After $100M Raise

Operator of licensed Hong Kong exchange says raise will promote compliant, innovative global growth.

Dr Xiao Feng, Chairman & CEO of HashKey Group. (HashKey)

Markets

Bitcoin ETF Looks Very Likely Given These Bureaucratic SEC Steps

We see a 98% chance of approval in the next couple of weeks and the high likelihood of a Bitcoin rally to follow.

(Dan Freeman/Unsplash)