Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange HashKey Group is set to debut Bitcoin (BTC) and Ethereum (ETH) trading services for its Hong Kong customers on Aug. 28. In an interview with local media, HashKey chief operating officer Weng Xiaoqi announced that
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The Hong Kong Monetary Authority (HKMA) released a report on Aug. 25 detailing the findings of its Project Evergreen study which analyzed the market impact of bond tokenization. In a 24-page overview, the Hong Kong regulator laid out use cases, benefits and any challenges faced during the study. The concluding sentiment
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Li Lin, the founder of the Huobi crypto exchange, is believed to own a $128 million mansion in Hong Kong. Li Lin, founder of the Huobi crypto exchange, reportedly purchased a $128 million mansion in Hong Kong. This
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Hong Kong’s Securities and Futures Commission (SFC) has issued an in-principle approval to Hong Kong Virtual Asset Exchange (HKVAX) to operate a virtual asset trading platform under the region’s securities laws. On Aug. 11, HKVAX announced that it had received an “approval-in-principle” from the SFC to carry out Type 1 and
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The Securities and Futures Commission (SFC) of Hong Kong issued a notice about unlicensed virtual asset trading platforms “engaging in improper practices,” warning of potential criminal charges.In an Aug. 7 notice, the SFC said certain trading firms had falsely claimed to have submitted applications for licenses in Hong Kong. The
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Licensing consultants can charge up to $1 million to advise companies on the application, a person familiar with the matter said. Exchanges are required to maintain a paid-up share capital of 5 million Hong Kong dollars ($640,000), and liquid capital of at least $380,000. They must hold liquid assets equivalent
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Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges. Original Source
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Hong Kong is expanding cryptocurrency trading exposure to individual investors, with at least one exchange getting the regulatory green light to offer such services.Local digital asset firm HashKey has successfully obtained all necessary licensing to expand its business from serving professional investors to taking on retail users.HashKey’s new regulatory milestone
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"As an existing Type 1 and Type 7 licenses holder, HashKey Exchange successfully underwent a simplified process to obtain the licence upgrade ... to expand its business scope from serving professional investors to retail users, fulfilling market demand for a licensed platform that offers users a safer and simpler process
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Shanghai, China’s biggest city and financial center, plans to build a blockchain infrastructure by the end of 2025 and establish links with Hong Kong and Singapore for application in fields such as digital assets, transportation, industrial internet-of-things, supply chain finance, and carbon management, according to a government report issued on
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