Hong Kong is taking a major step forward in its fintech evolution. Financial Secretary Paul Chan announced the release of new virtual asset policies and a stablecoin bill, […]
Hong Kong Police Report Surge in Investment Scams
Hong Kong police are investigating nearly 100 investment scam cases, leading to losses exceeding HK$90 million over the past week. An 84-year-old man has become a victim of […]
Hong Kong OTC Store Fraud Underscores Cryptocurrency Exchange Regulatory Gaps
A recent incident involving a fraudulent exchange in Hong Kong has brought attention to the lack of regulations surrounding virtual currency exchanges. According to Odaily, a man attempted […]
Fore Elite Capital Gains Third SFC Regulatory Approval in Hong Kong
Fore Elite Capital has achieved a major regulatory milestone by securing its third upgrade from the Securities and Futures Commission (SFC) of Hong Kong. This latest approval opens […]
Hong Kong Climbs to Second in Crypto-Friendly City Ranking
Hong Kong has been recognized for its pro-crypto stance, ranking second globally in a recent city index. This high position reflects a regulatory environment that fosters market confidence […]
Hong Kong Police Arrest 503 in Major Fraud and Cybercrime Operation
Hong Kong law enforcement agencies launched a comprehensive operation targeting fraud, cybercrime, and money laundering from April 7 to April 17. The operation, known as ‘Mou Gong,’ resulted […]
JD.com Enters Stablecoin Sandbox Testing in Hong Kong
JD.com, a prominent Chinese e-commerce giant, has launched stablecoin sandbox testing in Hong Kong, as revealed by PANews. The initiative is set to enhance global supply chain efficiency […]
Hong Kong Unleashes Ethereum Staking: New ETF Opens Doors to Institutional Investment
Hong Kong is solidifying its position as a global leader in cryptocurrency by granting regulatory approval for an Ethereum staking-enabled Exchange Traded Fund (ETF). This move, spearheaded by […]
Huaxia Launches Staking on Ether ETF in Hong Kong, Second of its Kind
Huaxia Fund is taking a step towards becoming an active participant in the Ethereum ecosystem by introducing staking services on its Ether-based exchange-traded fund (ETF), making it the […]
Huaxia Launches Asia’s First Ethereum Staking ETF, Fueling Hong Kong’s Crypto Hub Status
Huaxia’s innovative initiative is part of a larger push to bolster Hong Kong’s crypto ecosystem by offering a regulated path for investors to capitalize on Ethereum staking while […]
Hong Kong Urged to Tighten Regulation of Virtual Asset Trading
Hong Kong is facing calls to regulate its growing virtual asset trading landscape, according to recent reports. Odaily Insights estimates that over 200 physical shops and ATMs offering […]
Hong Kong Approves Crypto Staking for Ethereum ETFs: Impact for Investors
The Hong Kong Securities and Futures Commission (SFC) has granted China Asset Management (ChinaAMC) the green light to offer crypto staking services through its spot Ethereum ETF. This […]
IDA and AUDC Partner to Launch Stablecoin-Based Cross-Border Trade Initiative
Hong Kong-based fintech firm IDA and AUDC Pty Ltd have joined forces to launch a cross-border trade initiative leveraging a Hong Kong-Australia stablecoin. This collaboration aims to revolutionize […]
Hong Kong Unveils Guidelines for Generative AI Applications
The Hong Kong Special Administrative Region Government has released guidelines on the use of generative AI technology, as reported by PANews. These guidelines provide practical advice for developers, […]
IDA & AUDC Partner to Launch Stablecoin-Based Trade Initiative for Hong Kong-Australia
Hong Kong-based fintech company IDA and AUDC Pty Ltd have announced a strategic partnership to launch a cross-border trade initiative powered by a Hong Kong-Australia stablecoin. This collaboration […]