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92% High-Net-Worth Individuals in SG & HK Are Interested in Digital Assets: KPMG
Hong Kong

92% High-Net-Worth Individuals in SG & HK Are Interested in Digital Assets: KPMG

KPMG China conducted a study dubbed “Investing in Digital Assets” and found that family offices and high-net-worth individuals in Singapore and Hong Kong have a growing interest in terms of virtual digital assets.

Hong Kong Wants to Legalize Cryptocurrency Trading
Hong Kong

Hong Kong Wants to Legalize Cryptocurrency Trading

Hong Kong wants to take action to become an international virtual assets center by launching several legal initiatives related to emerging technologies in the crypto industry.

Hong Kong to Propose Statutory Licensing Regime for VASPs: CE John Lee
Hong Kong

Hong Kong to Propose Statutory Licensing Regime for VASPs: CE John Lee

Hong Kong leader John Lee delivered his first policy address Wednesday, indicating that the administration has introduced a bill to propose establishing a statutory licensing regime for virtual asset service providers.

Germany Overtakes US to Become Rank 1 Crypto Economy, HK at 8
Hong Kong

Germany Overtakes US to Become Rank 1 Crypto Economy, HK at 8

Germany has overtaken the US to become the world's top-ranked crypto economy in the third quarter of 2022. The US, which led the rankings alongside Germany last year, was pushed to seventh.

Hong Kong to Unveil Virtual Assets-Related Policy Statement on Upcoming Fintech Week
Hong Kong

Hong Kong to Unveil Virtual Assets-Related Policy Statement on Upcoming Fintech Week

The Hong Kong Special Administrative Region's government will release the plans for the development of virtual assets in the city during FinTech Week by the end of this month.

PolyU 1st in Hong Kong to Offer Metaverse & Blockchain Post-grad Programmes
Hong Kong

PolyU 1st in Hong Kong to Offer Metaverse & Blockchain Post-grad Programmes

Hong Kong's Polytechnic University is offering a postgraduate course in the metaverse and blockchain-related technology from September 2023, costing around $40,000 for tuition fees.

Move-to-earn App STEPN to Land in Hong Kong's Cyberport
Hong Kong

Move-to-earn App STEPN to Land in Hong Kong's Cyberport

Move-to-earn app STEPN announced that it is opening an office in Hong Kong despite COVID-19 restrictions and a tough regulatory environment.

Appetite for Crypto Amongst Institutional Buyers in Hong Kong is Low: New Report
Hong Kong

Appetite for Crypto Amongst Institutional Buyers in Hong Kong is Low: New Report

According to a report from the South China Morning Post (SCMP), riding on an earlier report from Bitstamp, which surveyed 253 Hong Kong institutional investors, as many as 9% said they will reduce their exposure to the nascent asset class or stop investing in it altogether.

The Sandbox Expands Footprints in Hong Kong for Alpha Season 3
Hong Kong

The Sandbox Expands Footprints in Hong Kong for Alpha Season 3

Decentralized virtual gaming developer The Sandbox, a subsidiary of Animoca Brands, announced Thursday to roll out the first pop-up atelier in Hong Kong for the upcoming seasonal events.

“Warriors of Future” Set to Debut as Asia’s First NFT Blockbuster Movie
Hong Kong

“Warriors of Future” Set to Debut as Asia’s First NFT Blockbuster Movie

Warriors of Future, a multi-million-dollar Hong Kong sci-fi action movie by One Cool Group, seeks to be the first Asian blockbuster film to feature a non-fungible token (NFT) collection.

Hong Kong Crypto Exchange OSL Opens Institutions Investment in Security Tokens
Hong Kong

Hong Kong Crypto Exchange OSL Opens Institutions Investment in Security Tokens

OSL offers sales of security tokens to institutional investors after receiving a Type 1 license from the SFC. The offerings enable investors to own digital assets pegged to financial assets indirectly.

Hong Kong is the Most Crypto-Ready Economy, Study Shows
Hong Kong

Hong Kong is the Most Crypto-Ready Economy, Study Shows

Crypto adoption in Hong Kong is going to expand, as the city has emerged as the readiest country/ region to embrace digital assets era, according to a study by trading platform Forex Suggest.

Yahoo Hong Kong to Launch NFTs Products for Pet Lovers
Hong Kong

Yahoo Hong Kong to Launch NFTs Products for Pet Lovers

City Frenchie is already being built in Metaverse. Yahoo will launch the first NFT project at a prime location on the virtual island of Hong Kong.

Hong Kong's Market Regulator Elected as new FCA Chair
Hong Kong

Hong Kong's Market Regulator Elected as new FCA Chair

With PM Boris Johnson expected to leave after a new leader is elected, the UK’s Financial Conduct Authority (FCA) has appointed Ashley Alder as its new Chair, commencing his term in January 2023.

Samsung Asset Management to Launch 1st APAC Metaverse Theme Active ETF on HKEX
Hong Kong

Samsung Asset Management to Launch 1st APAC Metaverse Theme Active ETF on HKEX

Samsung Asset Management (Hong Kong) Limited to launch the first APAC metaverse theme active ETF in Hong Kong with Samsung Asia Pacific ex NZ Metaverse Theme ETF (Stock code: 3172.HK), which is expected to list on HKEX by July 7.