Hong Kong

Crypto Exchange FTX Relocates its HQ to the Bahamas from Hong Kong
Hong Kong

Crypto Exchange FTX Relocates its HQ to the Bahamas from Hong Kong

Digital assets derivatives exchange FTX reportedly has relocated their headquarter to Nassau, the Bahamas, from Hong Kong, citing fewer regulation restrictions on the island nation.

More Crypto Firm Tenants Settle in Hong Kong Central CBD Offices
Hong Kong

More Crypto Firm Tenants Settle in Hong Kong Central CBD Offices

Hong Kong Land Holdings Ltd announced Wednesday that the real estate firm has signed a lease contract with a crypto firm, embracing the first crypto company to use their offices in the city's cbd.

Hong Kong Regulator SFC Warns ICOs as Unauthorized Investment Schemes
Hong Kong

Hong Kong Regulator SFC Warns ICOs as Unauthorized Investment Schemes

The Hong Kong Securities and Financial Commission have issued a warning to the public to beware of unregulated investment schemes, such as digital tokens and initial coin offerings (ICO).

Hong Kong Police Crackdowns Crypto Investment Scam, involving $11M HKD
Hong Kong

Hong Kong Police Crackdowns Crypto Investment Scam, involving $11M HKD

Hong Kong police announced Friday the authority has dismantled a cryptocurrency investment scam involving as much as 60 million Hong Kong dollars. At least 19 people are under arrest.

Study Says Global Cryptocurrency Adoption Pegs at 19%, H.K. Ranks 2nd for BTC Holding amid Political Landscape
Hong Kong

Study Says Global Cryptocurrency Adoption Pegs at 19%, H.K. Ranks 2nd for BTC Holding amid Political Landscape

Finder has placed the global crypto adoption rate at 19%, with Bitcoin being the most accumulated asset. Hong Kong ranks second for Bitcoin holding amid changing political landscape.

Hong Kong Customs Arrests Four Men in Alleged $155M Crypto Laundering
Hong Kong

Hong Kong Customs Arrests Four Men in Alleged $155M Crypto Laundering

Hong Kong Customs announced Thursday that the authority had dismantled a local cryptocurrency money-laundering syndicate involving HK$1.2 billion ($US 155 million). The operation is considered the first case for the same kind in the city.

U.S. Ranks The Most Crypto-friendly Country/Territories Worldwide; Hong Kong Takes 3rd Runner Up
Hong Kong

U.S. Ranks The Most Crypto-friendly Country/Territories Worldwide; Hong Kong Takes 3rd Runner Up

A study conducted by Crypto Head shows the United States takes the lead as the crypto-friendly country or territory to adopt cryptocurrencies worldwide, while Hong Kong enjoys the fourth most crypto-friendly region.

Hong Kong Lists CBDC Development as Strategy Fintech 2025 Roadmap
Hong Kong

Hong Kong Lists CBDC Development as Strategy Fintech 2025 Roadmap

The Hong Kong Monetary Authority has enlisted its e-HKD development as part of its Fintech 2025 strategy.

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors
Hong Kong

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong retail traders may be prohibited from trading cryptocurrencies if the city’s Financial Services and the Treasury Bureau’s proposed rule is approved.

Standard Chartered Undertakes First Cross-Blockchain Trade Transaction Between Hong Kong and Mainland China
Hong Kong

Standard Chartered Undertakes First Cross-Blockchain Trade Transaction Between Hong Kong and Mainland China

Standard Chartered has made a milestone by completing its first cross-blockchain trade finance pilot transaction between Hong Kong and China.