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HKVAX Gets In-Principle Approval for Crypto Services in Hong Kong

The Securities and Futures Commission (SFC) has issued an in-principle approval to the Hong Kong Virtual Asset Exchange (HKVAX). This makes it the third licensed virtual asset operator in Hong Kong after OSL and HashKey Exchange. HKVAX said that once

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Hong Kong Calls Out Crypto Firms Misleading Investors With False License Claims

Hong Kong’s Securities and Futures Commission (SFC) has warned unlicensed virtual asset trading platforms (VATPs) against engaging in improper practices or they may face legal and regulatory consequences. The regulator found that some unlicensed VATPs claim to have submitted license

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OSL and HashKey Exchange Licensed to Offer Services to Retail Investors

Hong Kong-based digital asset firms OSL and HashKey Exchange have received approval from the Securities and Futures Commission (SFC) to offer their services to retail investors. These two entities are the first to receive the approval since the SFC announced

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Top 5 Funded Fintech Companies in Hong Kong in 2023

With an advantageous geographical location, robust financial sector, and an innovative, conducive regulatory environment, Hong Kong has become a vibrant epicenter of fintech activity. Despite its size, the city has managed to create a dynamic ecosystem that encourages startups to

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Digitalisation of Financial Services in Hong Kong Comes at a Cost

In Hong Kong, the digitalisation of financial services has expanded financial inclusion through the increasing usage of digital channels and innovations, open banking, as well as advancements in data collection and analytics. But despite the positive outcomes, digitalisation may also

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Binance Japan Kicks off With 34 Tokens for Spot Trading

Cryptocurrency exchange Binance announced that its customers in Japan will now have access to 34 tokens for spot trading. Binance claims that this is the largest number of tokens offered by any digital currency exchange in the country. In December

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StanChart, Ant Group Deepen Partnership to Drive Green and Inclusive Finance

Standard Chartered and Ant Group will be deepening their partnership to drive green and inclusive finance, global fund management and sustainable development. Under the expanded cooperation framework, Standard Chartered will support Ant Group to build its global liquidity and foreign

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