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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied HashKey Capital, the first licensed crypto exchange in Hong Kong, has announced the launch of a new secondary market crypto fund. The fund will use a significant portion of its assets to invest in the cryptocurrency industry,
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"Complementing Seba Group’s established licenses in Switzerland (FINMA) and Abu Dhabi (FSRA), the Hong Kong AIP significantly extends our global regulatory footprint," CEO Franz Bergmueller said in a statement. "Seba Group aligns itself with the Hong Kong government and its financial regulators in facilitating an environment that supports the responsible
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Hong Kong retail cryptocurrency traders now have access to a locally based cryptocurrency exchange after HashKey took its retail trading services live to users in China’s special administrative region on Aug. 28.The company was previously permitted to serve professional and institutional investors, before being granted Type 1 and Type 7 licenses by
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied HashKey Exchange has officially opened its doors, marking its entry as the first licensed retail virtual asset exchange in Hong Kong. HashKey Exchange, Hong Kong’s first licensed retail virtual asset exchange, has officially commenced operations. The
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Hong Kong’s Financial Secretary, Paul Chan Mo-po, touts the potential of web3 and blockchain, envisioning them as catalysts for the city’s next tech-driven growth phase. In the preceding decade, there was a remarkable growth in the realms
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Vice President of the Hong Kong University of Science and Technology is once more supporting the idea of introducing a stablecoin tied to the Hong Kong Dollar (HKD) to challenge the status of USDT, a
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Top Stories This Week The decentralized finance (DeFi) ecosystem experienced a challenging week after a seismic security incident led to over $61 million being stolen from Curve Finance’s pools, leaving several protocols facing broader contagion risks. This attack exposed
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Crypto firms may appear to have been prepping entry to Hong Kong with unabated excitement, but it’s yet to translate into in-country hires, according to recruitment executives. On June 1, around 150 companies lined up for a local crypto license which permits the operation of a local crypto trading platform.
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Industry experts believe Hong Kong’s shifting attitude towards blockchain technology, cryptocurrencies and Web3 could entice businesses away from the United States.The city has made a series of moves over the past year to foster the development of the Web3 space and enable retail investment into cryptocurrencies. The latest example of
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