Tag "Securities and Futures Commission of Hong Kong (SFC)"

SFC Chief Outlines Future of Blockchain in Finance at Greenwich Forum

Julia Leung, Chief Executive Officer of the Securities and Futures Commission (SFC), delivered a keynote address at the Greenwich Economic Forum in Hong Kong. The event gathered global leaders from finance, business, academia, and the public sector to discuss technology’s

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Here Are All The Licensed Crypto Exchange Providers and Applicants in Hong Kong

As the dust settles on the 29 February 2024 deadline for Hong Kong crypto exchanges to submit their license applications to the Securities and Futures Commission (SFC), the city’s virtual asset landscape stands at the threshold of a transformative era.

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SFC Reminds Virtual Asset Trading Platforms of Licensing Deadline

The Securities and Futures Commission (SFC) reminds the public that the non-contravention period for virtual asset trading platforms (VATPs) operating in Hong Kong under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap 615) (AMLO) will end on 1 June 2024.

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Justin Sun’s HTX Withdraws Second Crypto License Bid, To Shut in Hong Kong

HBGL Hong Kong Limited, the Hong Kong affiliate of cryptocurrency exchange HTX (formerly Huobi Global), has withdrawn its application for a virtual asset trading platform (VATP) licence for the second time, leading to the required closure of its Huobi HK

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Elon Musk Impersonated in Suspected Quantum AI Crypto Fraud

The Securities and Futures Commission (SFC) has issued a public warning about suspected fraud involving the entity known as “Quantum AI,” which claims to offer cryptocurrency trading services enhanced by artificial intelligence (AI) technology. The SFC has raised concerns that

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Why Hong Kong is Primed for a Crypto ETF Breakthrough

In the dynamic landscape of global finance, Hong Kong has emerged as a frontrunner in innovative exchange-traded funds (ETFs). As investors increasingly seek to diversify their portfolios and capitalise on emerging trends, Hong Kong ETFs have captured the financial world’s

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HKMA Initiates Project Ensemble Architecture Community to Boost Tokenisation Market

The Hong Kong Monetary Authority (HKMA) announced the creation of the Project Ensemble Architecture Community (the Community), a collaborative initiative to shape standards and provide suggestions to support the development of Hong Kong’s tokenisation market. The Community aims to develop

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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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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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