The Hong Kong Securities and Futures Commission (SFC) has introduced new stringent crypto custody rules aimed at bolstering security for licensed exchanges. A key change is the ban […]
Hong Kong Tightens Crypto Custody Rules After $1.5 Billion Hack
Facing a surge in crypto hacks, Hong Kong is implementing strict new regulations for cryptocurrency custody to bolster security. This includes banning smart contracts in cold wallets and […]
Hong Kong Tightens Crypto Custody Rules: Banning Smart Contracts in Cold Wallets
The Hong Kong Securities and Futures Commission (SFC) has unveiled strict new guidelines for cryptocurrency custody, focusing on enhanced security measures. The circular outlines mandatory requirements for licensed […]
Hong Kong Bolsters Crypto Security with New Regulations
Hong Kong’s Securities and Futures Commission (SFC) has issued new regulations requiring licensed cryptocurrency platforms to enhance security measures for customer assets. The guidelines follow a review highlighting […]
Hong Kong’s SFC Tightens Custody Standards for Crypto Platforms
The Hong Kong Securities and Futures Commission (SFC) has implemented stricter regulations to safeguard user assets on licensed virtual asset trading platforms. This comes after a recent assessment […]
Hong Kong Enhances Digital Asset Custody with New Regulatory Framework
The Securities and Futures Commission (SFC) of Hong Kong has unveiled robust new standards for virtual asset custody, aiming to bolster investor protection and market integrity. These comprehensive […]
Hong Kong Sets New Custody Rules for Virtual Assets
The Hong Kong Securities and Futures Commission (SFC) has issued updated guidelines for virtual asset custody, impacting licensed trading platforms on August 15th. The circular outlines strict requirements […]
Hong Kong Authorities Urge Caution Amid Stablecoin Market Volatility
The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have issued warnings regarding recent market fluctuations impacting stablecoin concepts. These regulatory bodies […]
Futu Opens Solana Trading in Hong Kong, Empowering Crypto Investors
Hong Kong’s embrace of digital assets continues to grow, with Futu Securities taking a leading role. The platform has expanded access for investors, allowing them to trade Solana […]
Zircon Securities Secures SFC Approval to Offer Virtual Asset Services in Hong Kong
Zircon Securities, a subsidiary of Zircon Financial Group, has received key regulatory approval from the Hong Kong Securities and Futures Commission (SFC) to provide virtual asset deposit and […]
Fosun Considers Stablecoin License in Hong Kong, Entering Digital Assets Realm
Chinese conglomerate Fosun International is exploring obtaining a stablecoin license in Hong Kong, potentially marking its entry into the burgeoning world of digital assets. This move follows discussions […]
Fosun’s Stablecoin License Bid in Hong Kong Sparks Speculation
Rumors circulate that Fosun, a major conglomerate, is seeking a stablecoin license in Hong Kong. However, the claims remain unconfirmed by official sources. The potential impact on the […]
Hong Kong Stablecoin Regulations Impact Local Trading Market
New regulations in Hong Kong for stablecoins have already had a noticeable impact on local trading, according to Foresight News. The first week following the implementation of these […]
Fosun Targets Hong Kong Stablecoin License, Potentially Altering Crypto Landscape
A Chinese conglomerate, Fosun International, is reportedly pursuing a stablecoin license in Hong Kong, raising eyebrows within the industry and sparking speculation about its potential impact. The move […]
Fosun International Seeks Hong Kong Stablecoin License
Fosun International is pursuing a license for issuing stablecoins in Hong Kong, according to recent reports. The move follows meetings with Hong Kong officials and underscores Fosun’s ambitions […]