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80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says

80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official SaysHong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada, European Union countries, Singapore, the U.K., and the U.S. “We attach great importance to virtual asset (VA) and Web3,” said the government […]

South Korea sanctions 15 North Koreans for crypto heists and cyber theft

Hong Kong Reaffirms Commitment to Become Regional Crypto Hub

Hong Kong Reaffirms Commitment to Become Regional Crypto HubHong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX. “As certain crypto exchanges collapsed one after another, Hong Kong became a quality standing point for digital asset corporates,” said a top government official. Hong Kong Aims to Become Regional Crypto Hub Hong Kong Financial […]

South Korea sanctions 15 North Koreans for crypto heists and cyber theft

Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’

Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest directly in crypto assets. “We’ve had four years of experience in regulating this industry … We think that this may be actually a good time […]

South Korea sanctions 15 North Koreans for crypto heists and cyber theft

Hong Kong Authorities Arrest Two Siblings Accused of Laundering $384 Million via Banks, Crypto Platform

Hong Kong Authorities Arrest Two Siblings Accused of Laundering 4 Million via Banks, Crypto PlatformAuthorities in Hong Kong have arrested two individuals accused of laundering about $384 million using various avenues including a cryptocurrency exchange trading platform. If convicted, the two face a maximum jail sentence of 14 years plus a fine of $5 million. An Indictable Offense Two people accused of laundering about $384 million using a cryptocurrency […]

South Korea sanctions 15 North Koreans for crypto heists and cyber theft