Hong Kong's Financial Services Department has issued an ultimatum to unlicensed virtual asset service providers (VASPs), declaring that they must cease operations by May 31, 2024. This measure reflects the…
Hong Kong-based cryptocurrency exchange Bybit has officially applied for a license to operate as a "virtual asset trading platform" in Hong Kong. The application, submitted on Wednesday through the entity…
Hong Kong receives first spot Bitcoin ETF application from Harvest Hong Kong
SFC aims to launch the first ETF shortly after the Chinese New Year
Just weeks after the United States…
In a move signalling Hong Kong's growing embrace of the cryptocurrency industry, Venture Smart Financial Holdings (VSFG), a local financial services firm, is on track to introduce a spot Bitcoin…
HashKey Group, a prominent player in Hong Kong's digital asset scene, has secured nearly US$100 million in its Series A funding round, propelling the company to a pre-money valuation exceeding…
Alchemy Pay, a leading fiat-crypto payment gateway, has announced the addition of a new card BIN (Bank Identification Number) specifically for the Hong Kong market. This expansion aims to simplify…
Hong Kong has announced its readiness to accept applications for spot cryptocurrency Exchange-Traded Funds (ETFs), marking a significant move in the city's embrace of the burgeoning cryptocurrency industry. In a…
Hong Kong's Securities and Futures Commission (SFC) has revised its guidance, widening the scope of spot products sales to include a broader range of clients. The updated policy, announced in…
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have jointly issued a circular addressing the surge in queries from intermediaries seeking to distribute virtual asset-related…
In response to recent claims made by Bloomberg, BC Technology, the parent company of OSL, has vehemently denied reports of a pending $128 million sale of its cryptocurrency exchange. The…