Blockchain/Bitcoin
HashKey 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
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SFC 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,
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MaiCapital 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
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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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HKMA 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
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Global 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
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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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HashKey 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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Singapore’s DigiFT Expands Operations to Hong Kong, With Kevin Loo as CEO
DigiFT, an exchange for on-chain real-world assets (RWA) licensed by the Monetary Authority of Singapore (MAS), is extending its operations to Hong Kong. This extension is marked by DigiFT’s inclusion in the Cyberport Incubation Programme, a hub in Hong Kong
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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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