Hong Kong News
UBS, Chainlink, and DigiFT Launch Hong Kong Pilot for Tokenised Funds
Chainlink, UBS Asset Management, and DigiFT have teamed up on a pilot study in Hong Kong to automate the management of tokenised funds. The ...
QMMM Stock Explodes 1,736% After US$100M Digital Assets Bet
Hong Kong-based investment company QMMM Holdings’ shares erupted on Tuesday following the announcement of a large-scale digital assets str...
Ripple’s Q4 2024 Report Shows Remarkable Growth, But Hong Kong Approval Causes Uncertainty for XRP
According to Ripple’s Q4 2024 report, XRP has rebounded from the depths of the bear market and recorded a 280% surge during Q4 and a XRP L...
China Tightens Grip: New Regulations to Curb Risky Crypto Trades Among Banks
China’s topsy-turvy relationship with cryptocurrency has entered a new, disheartening phase for Mainland investors. Once upon a time, the ...
Crypto Tax Exemption Plan to Put Hong Kong Ahead in Competition for Investment
Hong Kong is considering a capital gains tax exemption for crypto investments held by hedge funds, private equity funds and some family offi...
Circle CEO Touts Stablecoins as Future of Global Trade at Hong Kong FinTech Week
Stablecoins are having their time in the sun. The tokenised assets, typically tied to an underlying value such as the US dollar, have been h...
Chainalysis: East Asian Crypto Adoption Driven by Institutions
Eastern Asia has risen to the sixth spot in the global crypto economy, driven by institutional trading in South Korea and Hong Kong, accordi...
Hong Kong Government to Issue First AI Finance Policy, Set to Transform Trading and Crypto Sectors
Hong Kong has been making strides in the crypto space throughout 2024 – and its efforts to become a global hub are moving forward with yet...
Hong Kong Announces Plans to Strengthen Digital Asset Regulation, Aligning with Southeast Asian Peers
Hong Kong joins other Southeast Asian jurisdictions in a move to provide regulatory clarity for the digital asset sector. Earlier this week,...
Bitcoin Asset Debate Intensifies, with Calls for China, Hong Kong to Up BTC Game
Bitcoin 2024 in Nashville, Tennessee had it all: Edward Snowden, Robert F. Kennedy Jr. and Donald J Trump, with the latter making the most a...
Australian and Hong Kong Bitcoin ETFs With Record Inflows as Second Fund Starts Trading
In a decade’s time, when we’re zooming around in flying cars powered by crypto-backed infrastructure, 2024 will be forever remembered as...
ETH Staking Barred in New ETFs, Yet Hong Kong’s Regulator Explores Alternatives
It’s looking like Ethereum spot exchange traded funds (ETFs) will be launching on US exchanges sometime soon, after mass approval of 19b-4...