Tag "Securities and Futures Commission (SFC)"
SFC to Beef Up List of Suspicious Crypto Exchanges After JPEX Fiasco
Hong Kong’s Securities and Futures Commission (SFC) will publish the names of virtual asset trading platform’s (VATP) that have applied for a license in the wake of the JPEX fiasco. The regulator will enhance and issue a dedicated list of
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JPEX Crypto Exchange Accuses SFC of Unfair Treatment as Police Arrest Six
Six people have been arrested in Hong Kong as part of an investigation into suspected fraud involving the cryptocurrency exchange JPEX. According to the South China Morning Post, this scandal could cost investors up to HK$1 billion (US$ 127.7 million)
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Hong Kong’s SFC Warns Investors Against Unregulated Crypto Exchange JPEX
Hong Kong’s Securities and Futures Commission (SFC) has warned investors against using the unregulated cryptocurrency exchange JPEX. The statement stressed that no entity in the JPEX group is licensed by the SFC or has applied for a license to operate
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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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Hong Kong Will Soon Accept Crypto Exchange License Applications
The Hong Kong Securities and Futures Commission (SFC) announced that it will soon allow licensed trading platform operators to serve retail investors following positive feedback from its consultation paper. On 1 June 2023, the SFC will begin enforcing the guidelines
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Hong Kong Mulls Allowing Retail Investors to Trade Crypto
Hong Kong’s Securities and Futures Commission (SFC) has released its consultation paper on proposed regulatory requirements for Virtual Asset Service Providers (VASPs) before the new licensing regime takes effect on June 2023. Under the new licensing regime, all centralised virtual
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Hong Kong’s SFC Appoints Julia Leung as New CEO
Hong Kong’s Securities and Futures Commission (SFC) has announced the appointment of Julia Leung as its Chief Executive Officer for a three-year term, effective 1 January 2023. She is currently the Deputy Chief Executive Officer since 2018 and an Executive
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Hong Kong’s Game Plan to Win Back Role as Digital Asset Hub
Hong Kong’s digital asset industry has been dealt a blow in recent years, with the city losing its luster as a global hub for digital assets. As the global landscape of digital assets evolves, Hong Kong is taking steps to
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Hong Kong to Consider Virtual Asset Property Rights, Establish VASP Regulations
Hong Kong’s Financial Services and Treasury Bureau published a policy statement on the development of virtual assets in conjunction with the start of Hong Kong Fintech Week (HKFTW) 2022. The statement recognised the potential of virtual assets and affirmed the
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HashKey Capital Limited Gets SFC Approval to Manage 100% Virtual Asset Portfolio
HashKey Group’s crypto fund HashKey Capital Limited has been granted an uplift of its Type 9 asset management license by the Securities and Futures Commission (SFC) of Hong Kong to manage funds exclusively investing in virtual assets. With this, the
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