Blockchain/Bitcoin
Hong Kong Stock Exchange Introduces Bitcoin and Ether Spot ETFs
The Hong Kong Stock Exchange now lists the Bosera HashKey Bitcoin ETF and Bosera HashKey Ether ETF. This move introduces some of the first Bitcoin and Ether spot ETFs in a major Asian financial center. These ETFs are managed by
Read MoreOSL and Solomon Set to Facilitate In-Kind Crypto Transactions for ETFs
OSL Digital Securities, a Hong Kong-licensed and regulated digital assets exchange, is set to enhance its current brokerage model to include comprehensive advisory and operational support in partnership with Solomon JFZ (Asia) Holdings Limited. This development is key to introducing
Read MoreHashKey Exchange Initiates First Physical Subscriptions for Bitcoin and Ethereum ETFs
HashKey Exchange, Hong Kong’s licensed virtual asset exchange, has announced the successful facilitation of the first physical subscriptions for the Bosera HashKey Bitcoin Spot ETF and the Bosera HashKey Ethereum Spot ETF. This development introduces new investment opportunities in Hong
Read MoreSFC Warns Against ‘CBEX Group’ and ‘Bitget Pro’ for Crypto Fraud
The Securities and Futures Commission (SFC) has issued a public alert concerning fraudulent activities by two virtual asset service providers, “CBEX Group” and “Bitget Pro”. The SFC’s warning follows reports from investors about difficulties in withdrawing assets and unauthorised withdrawals,
Read MoreMaiCapital Partners with Malaysia’s MyEG for New SFC-Approved Virtual Asset ETF
Malaysian e-government services provider MyEG Services Bhd has partnered with MaiCapital, a virtual asset manager licensed in Hong Kong, to develop an exchange-traded fund (ETF) approved by the Securities and Futures Commission of Hong Kong (SFC). The ETF will feature various
Read MoreThree 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
Read MoreHKMA Eddie Yue Discusses Hong Kong’s Role in Shaping the Future of CBDCs
Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), shared his thoughts on the future of money and payment systems in an increasingly digital world at the International Conference on Central Bank Digital Currencies and Payment Systems. The
Read MoreGlobal Efforts Curb Crypto Hacks and Fraud, But Challenges Remain in Hong Kong
In 2023, the cryptocurrency ecosystem saw a significant decline in illicit activity, according to data from TRM Labs. Despite the overall proportion of total illicit funds shrinking by 9 percent year-on-year, criminals still handled over US$34 billion (HK$266 billion) worth
Read MoreHong 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
Read MoreHashKey Group Sets Sights on Surpassing Coinbase with Launch of HashKey Global
HashKey Group, an operator in Hong Kong’s licensed cryptocurrency exchange market, has expanded its offerings with the initiation of HashKey Global. This move introduces a global trading platform under a Bermuda-issued Digital Asset Business license. However, the service faces regulatory
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