The cost for applicants seeking cryptocurrency exchange licenses in Hong Kong costs some millions of dollars, but significantly less than the $25 million reported last year. Livio Wang, Chie… Read More
As of June 1, the Securities and Futures Commission (SFC) of Hong Kong regulates the VATPs with enhanced standards for the latter. Among these regulations, one of the critical regulations st… Read More
Hong Kong’s Securities and Futures Commission (SFC) has published a list of two licensed crypto trading platforms and 17 pending applicants under the new regulations that went into eff… Read More
Major exchanges like Binance and OKX struggle with Hong Kong’s stringent crypto licensing rules, impacting market confidence.
The SFC’s strict requirements for crypto license… Read More
Hong Kong, aralarında Crypto.com ve Bullish’in de bulunduğu 11 kripto para borsasına lisans verdi. Borsaların lisanslanması ya da “lisanslanmı#… Read More
Hong Kong’s SFC nears licensing 11 crypto exchanges, including Crypto.com and Bullish, under new stringent regulations.
Bybit exits Hong Kong market, halting services after withdraw… Read More
The post Hong Kong Orders Immediate Shutdown of Unlicensed Crypto Exchanges appeared first on Coinpedia Fintech News
Hong Kong has taken a hard stance against unlicensed cryptocurrency exch… Read More
Hong Kong’s crypto ambitions are inching forward with 11 exchanges, including Crypto.com and Bullish, deemed “licensed” by the Securities & Futures Commission (SFC). Th… Read More
Hong Kong’s new crypto regulations prompt leading exchanges like OKX and Huobi HK to withdraw applications.
Unlicensed crypto platforms in Hong Kong must cease operations by May 31… Read More
This regulatory crackdown underscores the SFC’s commitment to fostering a secure and transparent environment for virtual asset trading. Read Full Article Read More
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1… Read More
The post Hong Kong SFC To Conduct On-Site Inspections Of Local VATPs appeared first on Coinpedia Fintech News
The Hong Kong SFC is to conduct on-site inspections of the local virtual asset… Read More
The SFC of Hong Kong revealed that Virtual Asset Trading Platforms (VATPs) operating in Hong Kong will be required to be licensed under the provisions of the Anti-Money Laundering and Counte… Read More
Vital Information and facts You Need to Know
Deadline approaching for crypto companies in Hong Kong to sign-up.
All buying and selling platforms managing virtual property must reg… Read More
Hong Kong’s Securities and Futures Commission (SFC) will conduct on-site inspections of those crypto trading platforms interested in continuing to pursue their licensing applications a… Read More
Hong Kong is mulling a bold move in the cryptocurrency space by considering allowing staking for exchange-traded funds (ETFs) that directly invest in Ether (ETH), the world’s second-la… Read More
The controversial Worldcoin project has faced another setback. Hong Kong's privacy regulator, the Office of the Privacy Commissioner for Personal Data (PCPD), has ordered Worldcoin to cea… Read More
To comply with regulatory requirements, OKX said it will discontinue centralized cryptocurrency trading services for Hong Kong residents effective May 31, 2024.
OKX attributed the decision… Read More
The post Bybit’s Ben Zhou Shuts Down Insolvency Speculation With $11B Proof of Reserves appeared first on Coinpedia Fintech News
Ben Zhou, the CEO of the cryptocurrency exchange Bybit… Read More
Hong Kong’s Securities and Futures Commission (SFC) is reportedly exploring the inclusion of an Ether (ETH) staking feature in spot ETH exchange-traded fund (ETF) offerings. According… Read More
OKX, the second largest offshore crypto exchange, has ended its services in Hong Kong. This decision comes after OKX announced the withdrawal of its VASP license application for OKX HK. The… Read More
Gate.HK withdraws crypto platform licence application in Hong Kong, urges asset withdrawal by August 28, 2024.
Delisting all tokens, including Litecoin and Uniswap, by May 28, 2024, in c… Read More
TL;DR
Bybit CEO Ben Zhou quickly addressed online rumors claiming the exchange was insolvent or hacked. A misinterpreted proof-of-reserves graph triggered the panic, fueled by memes ref… Read More
Ben Zhou, CEO of the cryptocurrency exchange Bybit, has addressed rumors that the platform has been hacked and is insolvent. The speculation began to spread yesterday on X. It grew worse as… Read More
Intesa Sanpaolo is the banking group leader in Italy. Assisting more than 14,6 milion of retail customers through a network of 5360 branches, it significantly supports the developm… Read More
The post Hong Kong SFC Warns Against AI-Powered Crypto Scam Featuring Fake Elon Musk appeared first on Coinpedia Fintech News
The Hong Kong SFC (Securities and Futures Commission) has warne… Read More
France’s securities regulator, the Autorité des Marchés Financiers (AMF), has issued a warning against the cryptocurrency exchange Bybit.
The AMF has alerted customers th… Read More
The Hong Kong Securities and Futures Commission (SFC) has issued a warning regarding a scam involving deepfakes of Elon Musk used to promote a fraudulent cryptocurrency trading platform know… Read More
The AMF has blacklisted Bybit since May 2022 due to regulatory infractions.
French investors urged to prepare for potential service halt.
Besides France, Bybit faces global scrutiny and it h… Read More
Mastercard and Standard Chartered Bank Hong Kong (SCBHK) are breaking new ground. They’ve just wrapped up the first live trial of Mastercard’s Multi-Token Network (MTN), pulling… Read More
The post Huobi HK Withdraws License Application from Hong Kong SFC Again appeared first on Coinpedia Fintech News
Huobi HK has withdrawn its application for a virtual asset trading platform… Read More
A startup cryptocurrency exchange in Hong Kong asserts that Elon Musk is apparently the main creator of the company, allegedly via a deepfake insertion online.
There was a cautionary n… Read More
Father-Son Duo Surrender in Ailtra Abduction Case, Shedding Light on City’s Crime Wave and Economical Dispute Really worth $1.9 Million.
A heartwarming transform of functions in Hong… Read More
In a significant move, Hong Kong authorities have cracked down on a fake crypto exchange, Quantum AI, allegedly linked to Elon Musk.
The scam, leveraging Musk’s identity and repu… Read More
In a strategic move to capitalize on the rapidly evolving crypto landscape, the global algorithmic market maker Wintermute has announced its plans to provide liquidity services to Hong Kong… Read More
The inaugural week of the newly launched ETFs has exceeded all projections, with asset under management (AUM) surpassing HKD2.4 billion as of 6 May, a testament to the strong investor inter… Read More
Recently approved Hong Kong spot bitcoin ETFs began trading today, but saw relatively low volume on their first day. The Hong Kong Securities and Futures Commission (SFC) approved 6 Bitcoin… Read More
Spot exchange-traded funds (ETFs) connected to virtual assets saw a spike in trading volumes in Hong Kong. The granting of the license from the Hong Kong SFC has brought about some hope. Non… Read More
April 20, 2024 — Hong Kong has achieved a significant milestone in the cryptocurrency market by launching six spot bitcoin and ether exchange-traded funds (ETFs), marking the first suc… Read More
The recently approved Hong Kong Bitcoin spot ETFs began trading today, but saw relatively low volume on their first day. The Hong Kong Securities and Futures Commission (SFC) approved 6… Read More
The post Hong Kong Prepares For Record-Breaking Debut Of Crypto ETFs As Issuers Expect $200-$300 Million Inflow appeared first on Coinpedia Fintech News
Hong Kong prepares for the debut of… Read More
This week marked the launch of Grayscale’s newest Bitcoin offering with the lowest-ever fee to win back investors after experiencing significant outflows totaling billions of dollars f… Read More
The post How BNY Mellon’s Bitcoin ETF Stake and Dividend Payout Reflect Changing Financial Landscape appeared first on Coinpedia Fintech News
BNY Mellon, America’s oldest bank… Read More
Hong Kong is all set to roll out its first spot Bitcoin and Ethereum ETFs, but here’s the thing. If you’re investing from mainland ChiChina and Russia almost completely rid of US… Read More
Bitcoin, usually a whirlwind of highs and lows, seemed pretty chill this Friday. The crypto giant managed to maintain its value above $64,000, ignoring the chaos as the Japanese yen hit a 34… Read More
Hong Kong’s financial watchdog is gearing up to allow spot bitcoin and ether exchange-traded funds (ETFs) to hit the market before the month’s end, say fund issuers. This move, w… Read More
Hong Kong’s securities regulatory body, SFC, has approved the launch of Bitcoin and Ethereum ETFs, offering investors a regulated and secure investment option starting April 30th.
Appr… Read More
Hong Kong is launching its first spot Bitcoin and Ether ETFs on April 30, following clearance from the Securities and Futures Commission (SFC).
The in-kind ETF model lowers costs, attrac… Read More
Bitget, a well-known crypto exchange, has lately been experiencing some issues in its operations within the Hong Kong jurisdiction. Recently, the Hong Kong SFC has...
The post Bitget Clarifi… Read More
Zetrix Foundation and MY E.G. Services Berhad (“MYEG”) signed a Memorandum of Understanding (MoU) with MaiCapital, a licensed virtual asset manager in Hong Kong, to collabor… Read More
Thrilling news from the Hong Kong Securities and Futures Pros Association (HKSFPA)! They are pushing for the establishment of independent self-regulatory companies (SRO) specially tailored t… Read More
● NuggetRush (NUGX) is a new crypto with practical utility as a play-to-earn (P2E) game where participants build mining empires, earn income, collect NFTs, and participate in multiple… Read More
Capital TradeFX Review: Is Capital TradeFX Legit?
In the world of finance, it is important to distinguish between genuine investment possibilities and possible frauds. This Capital TradeF… Read More
Welcome to our week by week recap of the foremost noteworthy occasions within the world of cryptocurrency. This week, we seen a few major developments that have the potential to shape long r… Read More