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Hong Kong’s Financial Regulator Warns Against NFT Trade

Hong Kong’s Securities Regulatory Commission warned investors of the risk related to investment in non-fungible tokens (NFTs). The Securities and Futures Commission’s (SFC) this move has amid the recent increase in the hacks and frauds in the NFT ecosystem. Involved investors need to be aware of risks The SFC mentioned that as with other virtual

Hong Kong’s Securities Regulatory Commission warned investors of the risk related to investment in non-fungible tokens (NFTs). The Securities and Futures Commission’s (SFC) this move has amid the recent increase in the hacks and frauds in the NFT ecosystem. Involved investors need to be aware of risks The SFC mentioned that as with other virtual

Pro-Crypto Senator Backs Local ETFs In Australia
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Pro-Crypto Senator Backs Local ETFs In Australia
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Just-In: Samsung Plans To List “Real” Crypto ETF In Hong Kong

The asset management arm of South Korean conglomerate Samsung is reportedly planning to list its first crypto exchange traded fund (ETF) in Hong Kong by as soon as June. The Blockchain Exchange-traded fund (ETF) listing has seen a drastic spike since the beginning of 2022. Many industrial giants have already applied or planning to jump

The asset management arm of South Korean conglomerate Samsung is reportedly planning to list its first crypto exchange traded fund (ETF) in Hong Kong by as soon as June. The Blockchain Exchange-traded fund (ETF) listing has seen a drastic spike since the beginning of 2022. Many industrial giants have already applied or planning to jump

Huobi To Shutdown Thailand's Unit After SEC Revoked Its License
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Huobi To Shutdown Thailand's Unit After SEC Revoked Its License
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Huobi Plans To Launch Crypto ETF In Hong Kong- Report

Hong Kong-listed fund manager Huobi Technology is planning to launch an exchange traded fund (ETF) that tracks popular cryptocurrencies. The firm, which is a subsidiary of popular crypto exchange Huobi Global, intends to target retail investors with the planned ETF. Huobi has written to Hong Kong’s Securities and Futures Commission (SFC), and intends to structure

Hong Kong-listed fund manager Huobi Technology is planning to launch an exchange traded fund (ETF) that tracks popular cryptocurrencies. The firm, which is a subsidiary of popular crypto exchange Huobi Global, intends to target retail investors with the planned ETF. Huobi has written to Hong Kong’s Securities and Futures Commission (SFC), and intends to structure

MotleyFool-TMOT-167d65f4-metaverse-2
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MotleyFool-TMOT-167d65f4-metaverse-2
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Breaking: Hong Kong’s First Metaverse ETF To Start Trading On Feb. 21

Hong Kong has moved another step towards adoption of Metaverse. CSOP Asset Management declared the nation’s first metaverse-themed exchange-traded fund. It will be listed on the Hong Kong Stock Exchange on February 21. Hong Kong’s 1st Metaverse ETF NEW: Hong Kong set to have its first metaverse ETF next week — Blockworks (@Blockworks_) February 18,

Hong Kong has moved another step towards adoption of Metaverse. CSOP Asset Management declared the nation’s first metaverse-themed exchange-traded fund. It will be listed on the Hong Kong Stock Exchange on February 21. Hong Kong’s 1st Metaverse ETF NEW: Hong Kong set to have its first metaverse ETF next week — Blockworks (@Blockworks_) February 18,

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Hong Kong’s Central Bank Says Stablecoins Have Capacity To Enter Mainstream Financial System

Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), is seriously mulling over how to properly regulate stablecoins. The HKMA thinks that while stablecoins still pose a risk to financial stability, they have potential to be incorporated into the market. The Hong Kong Monetary Authority thinks stablecoins have potential In a discussion paper that

Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), is seriously mulling over how to properly regulate stablecoins. The HKMA thinks that while stablecoins still pose a risk to financial stability, they have potential to be incorporated into the market. The Hong Kong Monetary Authority thinks stablecoins have potential In a discussion paper that

Hong Kong bitcoin
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Hong Kong bitcoin
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Hong Kong’s top VC firm approaches billionaires for $300 million Crypto funding

Amid the expanding crypto crackdown, Hong Kong Venture Capital giant, CMCC Global is launching yet another round for its crypto fund, aiming to accumulate $300 million this time around. Furthermore, the firm is reaching out to billionaire investors like Richard Li to bet on blockchain and Defi. Richard Li had already anchored CMCC’s last crypto

Amid the expanding crypto crackdown, Hong Kong Venture Capital giant, CMCC Global is launching yet another round for its crypto fund, aiming to accumulate $300 million this time around. Furthermore, the firm is reaching out to billionaire investors like Richard Li to bet on blockchain and Defi. Richard Li had already anchored CMCC’s last crypto

Antminer-S19-Pro
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Antminer-S19-Pro
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Powercrypto Choses Hong Kong to Launch Crypto Mining Fleets for BTC & ETH Amid China Crackdown

Chinese authorities are now going hammer and tongs to decimate the crypto mining industry in the country. As a result, some big players are now looking to make Hong Kong their base of operations. On Friday, October 8, Powercrypto Holdings – a subsidiary of Powerbridge Technologies – has announced to launch a fleet of crypto

Chinese authorities are now going hammer and tongs to decimate the crypto mining industry in the country. As a result, some big players are now looking to make Hong Kong their base of operations. On Friday, October 8, Powercrypto Holdings – a subsidiary of Powerbridge Technologies – has announced to launch a fleet of crypto

Evergrande
Altcoin News
Evergrande
Altcoin News

Hong Kong Halts Evergrande Stocks Trading, Here’s How Crypto Market Could React

China’s infamous real estate giant Evergrande’s trouble seems to see no end as earlier today Hong Kong suspended trading of the Evergrande stocks along with several other property developer stocks. Evergrande is currently on a selling spree to avoid defaulting on its debt. The Chinese real-estate giant is now looking to raise $5 billion from

China’s infamous real estate giant Evergrande’s trouble seems to see no end as earlier today Hong Kong suspended trading of the Evergrande stocks along with several other property developer stocks. Evergrande is currently on a selling spree to avoid defaulting on its debt. The Chinese real-estate giant is now looking to raise $5 billion from

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Hong Kong watchdog to expand crypto regulations with ICOs crackdown

The Securities and Futures Commission (SFC) of Hong Kong has announced the launch of its latest initiative against scams and crypto frauds. It is aimed at alerting the public about arrangements that are suspected to be collective investment schemes (CIS), like digital tokens and ICOs. In its public announcement today, SFC clarified that CIS offerings

The Securities and Futures Commission (SFC) of Hong Kong has announced the launch of its latest initiative against scams and crypto frauds. It is aimed at alerting the public about arrangements that are suspected to be collective investment schemes (CIS), like digital tokens and ICOs. In its public announcement today, SFC clarified that CIS offerings

do kwon scam
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do kwon scam
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Hong Kong Police Arrests 19 Suspects in $1.4 Million Crypto Scam

Hong Kong police have revealed the arrest of 19 alleged culprits behind the $1.4 Million crypto scam, involving approximately 170 victims globally. The police highlighted that they seized 9 computers, 128 smartphones, cash worth HKD 1.4 million, HKD 50,000 in cryptocurrency, and a sports car in connection to the case. The scam had victimized people

Hong Kong police have revealed the arrest of 19 alleged culprits behind the $1.4 Million crypto scam, involving approximately 170 victims globally. The police highlighted that they seized 9 computers, 128 smartphones, cash worth HKD 1.4 million, HKD 50,000 in cryptocurrency, and a sports car in connection to the case. The scam had victimized people

Binance
Bitcoin News
Binance
Bitcoin News

Breaking: Binance Closes Crypto Derivatives Services in Hong Kong

Binance crypto exchange has announced the closure of its crypto derivative services offering in Hong Kong with immediate effect. The announcement comes just a couple of weeks after the exchange discontinued its derivatives offering across Europe. The slew of announcements comes in the light of growing regulatory scrutiny around the crypto exchange from nearly a

Binance crypto exchange has announced the closure of its crypto derivative services offering in Hong Kong with immediate effect. The announcement comes just a couple of weeks after the exchange discontinued its derivatives offering across Europe. The slew of announcements comes in the light of growing regulatory scrutiny around the crypto exchange from nearly a

do kwon scam
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do kwon scam
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Crypto Scam: Hong Kong Authorities Bust HK$1.2 Billion Crypto Laundering, Arrests Four

In a recent bust of a money laundering case involving cryptocurrencies, Hong Kong authorities have arrested four people. Reportedly, the suspects have laundered a massive HK$1.2 billion ($150 million) funneled through bank accounts in Singapore over the last 15 months. Taking note of this, the Hong Kong Customs had launched operation “Coin Breaker” last week

In a recent bust of a money laundering case involving cryptocurrencies, Hong Kong authorities have arrested four people. Reportedly, the suspects have laundered a massive HK$1.2 billion ($150 million) funneled through bank accounts in Singapore over the last 15 months. Taking note of this, the Hong Kong Customs had launched operation “Coin Breaker” last week

Blockchain News
Blockchain News

Breaking: Top Executives of Bithumb Indicted in Hong Kong

The Hong Kong subsidiaries of South Korea’s largest exchange Bithumb are facing a lawsuit for breach of contract and top executives including the owner of the exchange have been indicted for committing fraud. The top executives face criminal charges for fraud worth 100 billion won. The lawsuit will be filed by the exchange’s former Thai

The Hong Kong subsidiaries of South Korea’s largest exchange Bithumb are facing a lawsuit for breach of contract and top executives including the owner of the exchange have been indicted for committing fraud. The top executives face criminal charges for fraud worth 100 billion won. The lawsuit will be filed by the exchange’s former Thai

Hong Kong FSTB
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Hong Kong FSTB
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Hong Kong’s FSTB Proposes to Restrict Crypto Trading for Retail Traders

The Financial Service and the Treasury Bureau (FSTB) of Hong Kong today proposed to ban crypto trading services for retail traders and require a crypto license for exchanges to operate in the country. The new proposal would only allow professional traders with a portfolio of HK$8 million ($1.03 million) to avail any crypto trading services.

The Financial Service and the Treasury Bureau (FSTB) of Hong Kong today proposed to ban crypto trading services for retail traders and require a crypto license for exchanges to operate in the country. The new proposal would only allow professional traders with a portfolio of HK$8 million ($1.03 million) to avail any crypto trading services.

CHINA bitcoin
Regulation News
CHINA bitcoin
Regulation News

China and Hong Kong Cracks Down on Crypto as Markets See Red

Regulators in Hong Kong have stated that all crypto trading exchanges and companies need to be regulated regardless of whether they’re selling securities or not. China is also being heavy handed with crypto as its CBDC testing continues.  According to Reuters, the Securities and Futures Commission (SFC) had previously placed an ‘opt in’ regulatory framework

Regulators in Hong Kong have stated that all crypto trading exchanges and companies need to be regulated regardless of whether they’re selling securities or not. China is also being heavy handed with crypto as its CBDC testing continues.  According to Reuters, the Securities and Futures Commission (SFC) had previously placed an ‘opt in’ regulatory framework

Hong Kong Crypto China
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Hong Kong Crypto China
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With US Sanctions Likely, A Crypto Settlement Crisis Looms in Hong Kong

The Maintenance of the National Security Law was on June 30, 2020, swiftly passed during the meeting of the 13th NPC Standing Committee effectively “gaging” Hong Kongers. The law comprise three ordinances that make up the city-state’s penal law. The National Security Law Trigger Specifically, the Society’s Ordinance covers elements relating to national security. It

The Maintenance of the National Security Law was on June 30, 2020, swiftly passed during the meeting of the 13th NPC Standing Committee effectively “gaging” Hong Kongers. The law comprise three ordinances that make up the city-state’s penal law. The National Security Law Trigger Specifically, the Society’s Ordinance covers elements relating to national security. It

Hong Kong based Blockchain company MATRIX Raises $15.5M Via ICO
ICO & IEO News
Hong Kong based Blockchain company MATRIX Raises $15.5M Via ICO
ICO & IEO News

Hong Kong based Blockchain company MATRIX Raises $15.5M Via ICO

MATRIX, a Hong Kong-based open source blockchain platform has completed its initial coin offering (ICO) by raising about 13,227.5 ethereum. According to the ethereum’s market price on Monday,  the newly issued MAN tokens of Matrix basically raised approximately US$ 15.55 million. MATRIX’s ethereum backed ICO sold 13,227.5 ETHs As per the announcement made by the

MATRIX, a Hong Kong-based open source blockchain platform has completed its initial coin offering (ICO) by raising about 13,227.5 ethereum. According to the ethereum’s market price on Monday,  the newly issued MAN tokens of Matrix basically raised approximately US$ 15.55 million. MATRIX’s ethereum backed ICO sold 13,227.5 ETHs As per the announcement made by the

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News

Breaking: HongKong SFC says Binance is Not Authorized to Offer Services

Hong Kong’s Securities and Futures Commission (SFC) has become the latest regulator to issue a warning against Binance. The regulatory watchdog said Binance Group of companies are not licensed or authorized to offer any kind of services in Hongkong. HONG KONG'S SFC SAYS NO ENTITY IN THE BINANCE GROUP IS LICENSED OR REGISTERED TO CONDUCT

Hong Kong’s Securities and Futures Commission (SFC) has become the latest regulator to issue a warning against Binance. The regulatory watchdog said Binance Group of companies are not licensed or authorized to offer any kind of services in Hongkong. HONG KONG'S SFC SAYS NO ENTITY IN THE BINANCE GROUP IS LICENSED OR REGISTERED TO CONDUCT

Decentralized-Finance-Yield-Farming
Bitcoin News
Decentralized-Finance-Yield-Farming
Bitcoin News

Stocks of Hong-Kong-Listed Companies of Huobi and OKEX Crash After Suspending Crypto Services

China’s recent crackdown on crypto miners and traders in the country has sent shock waves all across the crypto market. On Sunday, May 23, the crypto market entered a severe correction crashing another 14% as Chinese exchanges started curtailing their services to local Chinese investors. Soon after Huobi and OKEx announced limiting their services, stocks

China’s recent crackdown on crypto miners and traders in the country has sent shock waves all across the crypto market. On Sunday, May 23, the crypto market entered a severe correction crashing another 14% as Chinese exchanges started curtailing their services to local Chinese investors. Soon after Huobi and OKEx announced limiting their services, stocks

bitcoin ETF
Blockchain News
bitcoin ETF
Blockchain News

Crypto News: HongKong Approves First Crypto ETF Fund Worth $100 Million

Hong Kong, China has approved an Exchange Traded Fund (ETF) worth $100 million that would also include 10% in cryptocurrency. The ETF would be raised by Yibo Financial as per a report from Wu Blockchain. Hong Kong, China has approved the first ETF fund involving cryptocurrency, and Yibo Financial said it will raise 100 million

Hong Kong, China has approved an Exchange Traded Fund (ETF) worth $100 million that would also include 10% in cryptocurrency. The ETF would be raised by Yibo Financial as per a report from Wu Blockchain. Hong Kong, China has approved the first ETF fund involving cryptocurrency, and Yibo Financial said it will raise 100 million