Hong Kong Regulator Ashley Alder to Head UK Financial Supervisor
Alder leaves a legacy in Hong Kong of mixed crypto regulations that saw FTX depart and retail investors largely excluded. Original Source
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Hong Kong’s OSL Sees Strong Institutional Interest in Crypto, Despite Luna-Induced Volatility; Bitcoin and Ether Surge
Bitcoin was recently trading at about $21,100, a more than 5% increase over the past 24 hours that helped the largest cryptocurrency regain much of the ground lost the previous day. Ether, the second largest crypto by market cap, was changing hands over $1,140, an 8% gain. Other major altcoins
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Hong Kong’s Hoo.com Expects to Re-Open Some Token Withdrawals Today; Finblox Takes Steps to Address Liquidity
On Monday, however, Babel said it had reached preliminary agreements with counterparties on the repayment of some debts that led to the halt on withdrawals. "We have actively communicated with shareholders and potential investors, and will continue to communicate and obtain liquidity support," Babel said in a statement. Original Source
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Samsung Asset Management to launch blockchain ETF in Hong Kong
Hong Kong-based Samsung Asset Management (SAMHK), a local subsidiary of Samsung’s investment arm, is moving forward with a blockchain-themed exchange-traded fund (ETF).The firm expects to launch its Samsung Blockchain Technologies ETF on the Hong Kong Stock Exchange on June 23, SAMHK announced on Thursday.The ETF seeks to achieve long-term capital
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OSL and Interactive Brokers Partner for Crypto Services in Hong Kong
OSL Digital Securities has signed an agreement with Interactive brokers to provide virtual asset services in Hong Kong. Original Source
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Hong Kong Regulator Reminds Investors of Risks Associated With NFTs – Regulation Bitcoin News
Hong Kong’s securities regulator has warned investors to be wary of risks that are associated with non-fungible tokens (NFTs). The regulator also advised investors to consider investing in NFTs only if they fully understand the risks. NFTs ‘Straddle the Line Between Collectibles and Financial Assets’ A Hong Kong regulator has said
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Is Your NFT Investment at Risk? Hong Kong’s Securities and Futures Commission Has Some Words of Warning
The Securities and Futures Commission (SFC) of Hong Kong, the financial regulator responsible for overseeing Hong Kong’s securities market, has issued an advisory warning to investors. The notice is about risks associated with purchasing and trading unregulated non-fungible tokens (NFTs). The advisory points out that NFTs do not have any
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First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall
A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs. Original Source
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Samsung Group Investment Arm to List Blockchain ETF on Hong Kong Exchange – Finance Bitcoin News
Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during the first half of this year. The ETF will have a structure which is similar to that of BLOK, one of Amplify Holdings’s ETF products. Samsung Asset Management’s Stake in Amplify
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Samsung Asset to list blockchain ETF in Hong Kong: report
South Korean asset manager Samsung Asset Management is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong stock exchange (HKEX), local media reported on Thursday. See related article: South Korea’s largest financial group mulls crypto ETFs Fast facts The ETF set to list in Hong Kong will have the
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