Tag "digital assets"

Hong Kong Urges FSI to Support Crypto Firms With ‘Basic Banking Services’

The Hong Kong Monetary Authority (HKMA) has urged the banking sector to provide services to licensed virtual-asset firms as part of the city’s ambition to become a leading crypto hub. Last week, the Hong Kong financial regulator issued a circular

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92% of Hong Kong and Singapore’s Rich Elites Are Interested in Digital Assets

Family offices and high-net worth individuals (HNWIs) in Hong Kong and Singapore are embracing digital assets, attracted by the prospect of high returns, the opportunity to broaden their portfolios, and increased confidence in the market following the entrance of institutional

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Crypto Hedge Funds AUM Doubled in 2019

In 2019, cryptocurrency-focused hedge funds’ assets under management (AUM) doubled to US$2 billion, and the average per fund jumped to US$44 million from US$21.9 million the prior year, according to a research by PwC and digital asset investment firm Elwood

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