Tag "Securities and Futures Commission of Hong Kong (SFC)"
Three Chinese Firms Gets Nod to Launch Bitcoin and Ethereum ETF in Hong Kong
Hong Kong has taken a significant step by granting initial approvals to three Chinese asset managers to launch exchange-traded funds (ETFs) backed by spot virtual assets such as Bitcoin and Ether. This initiative is part of Hong Kong’s ongoing strategy
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Hong Kong Set to Launch Asia’s First Spot Bitcoin Exchange-Traded Funds
The Securities and Futures Commission (SFC) of Hong Kong is anticipated to announce the approval of the city’s first spot bitcoin exchange-traded funds (ETFs) next week, according to individuals familiar with the proceedings. This development positions Hong Kong as the
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Hong Kong Unveils Enhanced Anti-Scam Charter 2.0 to Combat Digital Fraud
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have launched the Anti-Scam Consumer Protection Charter 2.0, a comprehensive initiative that significantly enhances measures to protect the public from credit card scams and digital fraud.
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HKbitEX Receives Regulatory Approval-in-Principle for Virtual Asset Trading
HKbitEX, affiliated with Tykhe Capital Group Limited, has announced that it received preliminary approval from the Hong Kong Securities and Futures Commission (SFC) for Type 1 (dealing in securities) and Type 7 (providing automated trading services) licenses under the Securities
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HashKey Exchange Partners with Victory Securities to Enhance Crypto Services
HashKey Exchange, a licensed crypto exchange in Hong Kong, has partnered with Victory Securities, a corporation licensed by the Hong Kong Securities and Futures Commission (SFC). The partnership focuses on institutional virtual asset custody services, utilising Omnibus accounts to offer
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Hong Kong Fund Inflows Reaches HK$33.5 Billion in Q4 2023
The Securities and Futures Commission (SFC) announced the publication of its Quarterly Report for the period ending 31 December 2023, detailing significant operational and financial milestones achieved in the quarter. The report showcases a robust quarter for the asset management
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Hong Kong’s Unlicensed Crypto Exchange Platforms Must Cease Operations by May 31
The Securities and Futures Commission (SFC) reiterates its regulatory stance regarding virtual asset trading platforms (VATPs) or more commonly known as crypto exchanges operating in Hong Kong. As of 1 June 2024, VATPs that do not submit licence applications to
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24 Firms Eyeing Crypto Exchange License in Hong Kong — Here’s The Full List
Today, 29 February, is the deadline for applicants vying for virtual assets trading platform licenses in Hong Kong. Those who fail to secure a crypto exchange license in Hong Kong by this critical date face the daunting prospect of halting
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Bybit Among 14 Firms Aiming for Crypto License in Hong Kong
Bybit has applied to the Hong Kong Securities and Futures Commission (SFC) to operate as a “virtual asset trading platform,” according to a statement from the company. The website of the Hong Kong Securities and Futures Commission indicates that Bybit,
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Floki Defends Staking Program Amid SFC’s Warning
Floki, a cryptocurrency project, acknowledged that its staking program was labelled as potentially suspicious by Hong Kong’s Securities and Futures Commission (SFC) on 26 January. Floki regretted this classification and noted its ongoing efforts since December 2023 to address regulatory
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