1. Home
  2. hong kong

hong kong

China AMC Launches ‘First’ Retail Tokenized Fund in APAC

China AMC Launches ‘First’ Retail Tokenized Fund in APACChina Asset Management has launched the first retail tokenized fund in the Asia Pacifi (APAC) region. Broadening Investor Base The Hong Kong investment firm China Asset Management recently launched a tokenized fund known as the China AMC HKD Digital Money Market Fund. The fund, which primarily invests in Hong Kong dollar (HKD)-denominated short-term deposits and […]

Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound

Infini Hacked: $49M in USDC Stolen, Admin Privileges Exploited

Infini Hacked: M in USDC Stolen, Admin Privileges ExploitedInfini, a Hong Kong stablecoin neobank, confirmed a $49 million hack due to exploited administrative privileges, just days after a massive breach at Bybit. Infini: Runway Still Solid The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that hackers breached its platform and investigations were underway. In a statement shared via X, the neobank […]

Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound

Hong Kong-Listed HK Asia Holdings Increases Its Bitcoin Investment to 8.88 BTC

Hong Kong-Listed HK Asia Holdings Increases Its Bitcoin Investment to 8.88 BTCHK Asia Holdings Limited has announced a further investment in bitcoin, purchasing approximately 7.88 BTC for around $761,000 on February 20, 2025. This decision follows a previous investment disclosed on February 16, 2025, and brings the company’s total Bitcoin holdings to approximately 8.88 BTC, with an average cost of about $97,000 per unit. The number […]

Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound

Binance Teams up With Hong Kong Law Enforcement to Fight Digital Asset Threats

Binance Teams up With Hong Kong Law Enforcement to Fight Digital Asset ThreatsBinance is strengthening crypto security with Hong Kong police, enhancing collaboration to combat cybercrime and financial threats in the blockchain industry. Binance Strengthens Cybercrime Collaboration With Hong Kong Police Crypto exchange Binance revealed on Feb. 20 that CEO Richard Teng recently met with Raymond Lam Cheuk Ho, Chief Superintendent of the Cyber Security and Technology […]

Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound

Hong Kong Powerhouses Unite: Standard Chartered, Animoca Brands, HKT to Pursue Stablecoin License

Hong Kong Powerhouses Unite: Standard Chartered, Animoca Brands, HKT to Pursue Stablecoin LicenseStandard Chartered Bank, Animoca Brands, and HKT have formed a joint venture to pursue a stablecoin issuing license from the Hong Kong Monetary Authority. ‘Digital Assets Here to Stay’ Standard Chartered Bank (Hong Kong), Animoca Brands, and HKT recently agreed to form a joint venture to pursue a stablecoin issuing license from the Hong Kong […]

Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound

Hong Kong Accepts Crypto as Proof of Assets for Investment Immigration

Hong Kong Accepts Crypto as Proof of Assets for Investment ImmigrationHong Kong has approved cryptocurrency as proof of assets for investor immigration, recognizing bitcoin and ethereum holdings in two cases under its HK$30 million residency requirement. Crypto as Proof of Wealth? Hong Kong Is Leading the Way Hong Kong has reportedly accepted cryptocurrency as proof of assets for investment immigration applications. Accountant Xiao Yaohe confirmed […]

Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound

Crypto Court Order Goes Digital: Tokenized Notice Shakes up Legal World

Crypto Court Order Goes Digital: Tokenized Notice Shakes up Legal WorldA Hong Kong court successfully executed an injunction against two cryptocurrency wallets using tokenized technology. This precedent-setting move involved serving the order, which froze $2.66 million worth of tether stablecoins. Execution of Tokenized Notice Boosts Hong Kong’s Tech Appeal In what has been described as a precedent-setting move, a court injunction issued by a Hong […]

Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound

UTXO Acquires Hong Kong-Listed Company to Lead Strategic Investments in Bitcoin and Web3

UTXO Acquires Hong Kong-Listed Company to Lead Strategic Investments in Bitcoin and Web3UTXO Management’s acquisition of HK Asia Holdings Limited aims to position the company as a force in Hong Kong’s dynamic financial ecosystem. UTXO Management Completes Strategic Expansion Into Hong Kong UTXO Management, in partnership with Sora Ventures, has acquired a majority stake in HK Asia Holdings Limited, a business listed on the Hong Kong Stock […]

Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound

Hong Kong launches initiative to help banks with DLT adoption

The initiative will initially focus on tokenized deposits with the HKMA providing support to local banks for trials.

The Hong Kong Monetary Authority (HKMA) has launched an initiative to assist banks in adopting distributed ledger technology. 

On Jan. 8, the Hong Kong central bank announced the launch of its “Supervisory Incubator for Distributed Ledger Technology,” which aims to help banks safely implement distributed ledger technology into their operations and maximize the benefits.

“As the banking industry continues to evolve, it is essential that we provide a supportive environment for innovation to thrive,” said Arthur Yuen, deputy chief executive of the HKMA. 

Read more

Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound

Hong Kong Representative Explores Adding Bitcoin to National Reserve Under ‘One Country, Two Systems’ Framework

Hong Kong Representative Explores Adding Bitcoin to National Reserve Under ‘One Country, Two Systems’ Framework

A lawmaker in Hong Kong is reportedly proposing adding Bitcoin (BTC) to the region’s reserves for the purpose of financial stability. Wu Jiexhuang, a member of the Hong Kong Legislative Council and chairman of the Web3 Virtual Asset Development Subcommittee, said that the region should study how to maintain financial security with BTC, according to […]

The post Hong Kong Representative Explores Adding Bitcoin to National Reserve Under ‘One Country, Two Systems’ Framework appeared first on The Daily Hodl.

Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound