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Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval

Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting ApprovalHong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi. She also noted that 11 more crypto platforms are in the process of applying for licenses, with the first round of assessments already finished. SFC […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users

Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million UsersFutu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through Futu’s platform. “We are actively working on expanding our crypto offerings in the near future,” the company said. Last month, […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

Hong Kong Regulator Warns Against Proxinex for Suspected Virtual Asset Fraud

Hong Kong Regulator Warns Against Proxinex for Suspected Virtual Asset FraudThe Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Proxinex, an entity suspected of virtual asset-related fraud. Investors have encountered issues withdrawing virtual assets from Proxinex, later being informed that their accounts were nonexistent. The SFC suspects Proxinex enlisted an agent to attract investors through dating apps, possibly using […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

‘Inevitable’ – Tether Co-Founder Says China Is Going To Open Up to Crypto: Report

‘Inevitable’ – Tether Co-Founder Says China Is Going To Open Up to Crypto: Report

The co-founder of Tether (USDT), the world’s largest stablecoin by market cap, reportedly says it’s “inevitable” that China will reverse course and open up to crypto assets. According to a new report by the South China Morning Post, Tether co-founder Brock Pierce says that China – which banned all crypto-related commercial activity years ago – […]

The post ‘Inevitable’ – Tether Co-Founder Says China Is Going To Open Up to Crypto: Report appeared first on The Daily Hodl.

US Bitcoin strategic reserve divides opinion at World Economic Forum

Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1

Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1The 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. The regulator warned that operating without a license is a criminal offense and will enforce compliance. Investors are advised to only trade […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

Spot Crypto ETFs Set To Begin Trading in Hong Kong Next Week: Report

Spot Crypto ETFs Set To Begin Trading in Hong Kong Next Week: Report

Spot market crypto exchange-traded funds (ETFs) are reportedly set to launch in Hong Kong as soon as next week. According to a new report by Reuters, the three asset managers who are providing the products say that Bitcoin (BTC) and Ethereum (ETH) ETFs should start trading by April 30th as they have already received regulatory […]

The post Spot Crypto ETFs Set To Begin Trading in Hong Kong Next Week: Report appeared first on The Daily Hodl.

US Bitcoin strategic reserve divides opinion at World Economic Forum

Approval of Spot Bitcoin and Ethereum ETFs in Hong Kong Could Happen Early Next Week: Report

Approval of Spot Bitcoin and Ethereum ETFs in Hong Kong Could Happen Early Next Week: Report

The approval of spot market Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) could reportedly happen in Hong Kong as early as next week According to a new report by Bloomberg, anonymous people familiar with the matter say that two companies – Chinese asset manager Harvest Fund Management as well as a partnership between Bosera […]

The post Approval of Spot Bitcoin and Ethereum ETFs in Hong Kong Could Happen Early Next Week: Report appeared first on The Daily Hodl.

US Bitcoin strategic reserve divides opinion at World Economic Forum

Hong Kong Financial Regulator Adds Crypto Exchange Giant Bybit to List of ‘Suspicious’ Virtual Asset Platforms

Hong Kong Financial Regulator Adds Crypto Exchange Giant Bybit to List of ‘Suspicious’ Virtual Asset Platforms

The Securities and Futures Commission (SFC) of Hong Kong is adding crypto exchange Bybit to its list of suspicious virtual trading platforms. In a new statement, the financial regulator warns investors that Bybit is an unlicensed virtual asset trading platform (VATP). “The SFC cautions investors against investing with unlicensed entities. Investors may risk losing their […]

The post Hong Kong Financial Regulator Adds Crypto Exchange Giant Bybit to List of ‘Suspicious’ Virtual Asset Platforms appeared first on The Daily Hodl.

US Bitcoin strategic reserve divides opinion at World Economic Forum

Hong Kong Reiterates Unlicensed Cryptocurrency Platforms Will Be Expelled by June

Hong Kong Reiterates Unlicensed Cryptocurrency Platforms Will Be Expelled by JuneUnlicensed cryptocurrency platforms will not be allowed to operate in Hong Kong starting next June, according to the Securities and Futures Commission (SFC). The commission closed the period for these institutions to introduce their applications to obtain a license on February 29 and will progressively expel the noncompliant exchanges from the Hong Kong market. Hong […]

US Bitcoin strategic reserve divides opinion at World Economic Forum

Hong Kong Regulator Receives First Application for Bitcoin Exchange-Traded Fund (ETF): Report

Hong Kong Regulator Receives First Application for Bitcoin Exchange-Traded Fund (ETF): Report

A multinational asset management giant has reportedly submitted the first application for a spot Bitcoin (BTC) exchange-traded fund (ETF) in Hong Kong. Harvest Fund Management applied to the Securities and Futures Commission (SFC) of Hong Kong, according to a recent report from the Chinese media outlet Tencent News. Tencent also reports that the regulator hopes […]

The post Hong Kong Regulator Receives First Application for Bitcoin Exchange-Traded Fund (ETF): Report appeared first on The Daily Hodl.

US Bitcoin strategic reserve divides opinion at World Economic Forum