Virtual Assets
FATF Unveils New Guidelines to Enhance Virtual Asset Recovery
The Financial Action Task Force (FATF) introduces comprehensive guidance aimed at improving the recovery of virtual assets, emphasizing the role of blockchain analytics and specialized training.
FBI's Virtual Assets Unit: A Strategic Frontline Against Cryptocurrency Crime
The FBI's Virtual Assets Unit, led by Patrick Wyman, combats crypto crime by unifying expertise and innovative strategies, showcasing the agency's proactive approach to digital currency challenges.
Matrixport Seeks License for Virtual Asset Services in Bhutan's Gelephu Mindfulness City
Matrixport is applying for a Financial Services Permission Licence to offer virtual asset services in Bhutan’s Gelephu Mindfulness City, enhancing its presence in South Asia.
SFC Issues Warning on ICE Global Professional Station for Fraud and Impersonation
The SFC has issued a warning about ICE Global Professional Station, citing impersonation and suspected virtual asset-related fraud.
SFC Issues Warning on Proxinex for Suspected Virtual Asset Fraud
The Securities and Futures Commission (SFC) has issued a public warning regarding Proxinex, citing suspected virtual asset-related fraud.
Hong Kong's SFC Alerts Public on Seven Entities Suspected of Virtual Asset Fraud
The SFC has issued a public warning about seven entities involved in suspected virtual asset-related fraud, urging caution.
Over 220 Web3 Companies Settle in Hong Kong, Boosting Virtual Asset Development
Hong Kong has welcomed over 220 Web3 companies from 20 countries and regions, focusing on sectors like virtual asset exchanges, blockchain infrastructure, network security, and payment services, aiming to balance development with regulatory frameworks.
Hong Kong to Submit Virtual Asset OTC Trading Licensing Scheme Bill
Hong Kong's Financial Secretary, Christopher Hui, plans to introduce a licensing scheme for virtual asset OTC trading platforms to combat crime and promote transparency in digital transactions.
Hong Kong's SFC Sets 2024-2026 Agenda: Emphasis on Tokenization and Virtual Asset Innovation
The SFC’s Strategic Priorities for 2024-2026 focus on enhancing Hong Kong's financial sector by maintaining market resilience, boosting global competitiveness, embracing financial innovation, and improving institutional resilience.
Hong Kong's Crypto Rise: Harbinger for China?
Hong Kong's rising status as a crypto hub amidst regulatory amicability sparks speculations on China's evolving stance towards digital assets. The significant crypto activity in Hong Kong, combined with its thriving Over-The-Counter market, reflects a conducive environment for both institutional and retail crypto engagements. As Hong Kong continues to bolster its crypto market, it might be hinting at China's exploratory approach towards understanding and possibly embracing digital assets in the long term.