Liquidity Fintech FZE, a subsidiary of Liquidity Tech based in Dubai, has received ‘in-principle approval’ (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA) to operate as a […]
Dubai Embraces Virtual Assets: Key Pillar of Financial Strategy
Dubai’s new financial strategy places virtual assets at the forefront of its industry ambitions. The initiative seeks to boost the sector’s contribution to the GDP by 3%, equivalent […]
Ding Shi Capital Raises $60 Million Through Rights Issue, Funding Virtual Asset License Application
Ding Shi Capital Limited, a Hong Kong-listed firm, has successfully completed a rights issue, raising approximately HKD 60.7 million from the sale of unsubscribed shares. The placement at […]
Hong Kong Launches Virtual Asset Intelligence Task Force to Combat Cybercrime
The Hong Kong Police Force has taken a proactive step against cybercrime by launching the Virtual Asset Intelligence Task Force (VAIT). This task force, led by the police’s […]
Hong Kong Updates Regulations for Virtual Asset Activities
The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) jointly issued a supplementary circular on September 30th to update licensing and registration […]
South Korea Tightens Real Estate Regulations with Virtual Asset Disclosure
The South Korean government has updated its real estate regulations, mandating that individuals disclose proceeds from virtual asset sales when buying property. The revised rules, developed by the […]
South Korea Launches Virtual Asset Task Force to Shape Crypto Regulations
In a move that signifies the growing importance of digital finance in South Korea, the ruling Democratic Party has established a dedicated virtual asset task force. This initiative […]
Hao Tian International Stock Soars Amidst Virtual Asset Plans
Hao Tian International Construction Investment Group (01341.HK) saw its stock price surge by over 7% at the end of trading on [date]. Over the past three days, the […]
Hong Kong’s Regulatory Push Drives Growth in Virtual Asset Market
Hong Kong is actively shaping the virtual asset market with a series of regulatory measures designed to attract institutional investors and foster innovation. New licensing rules and stablecoin […]
Yunfeng Financial Aims for Web3 Expansion with License Upgrade
Hong Kong-based company Yunfeng Financial has set its sights on entering the exciting world of Web3, as announced by Foresight News. The company is requesting a license upgrade […]
Hong Kong Introduces Virtual Asset Listing Association to Bolster Market Transparency and Institutional Engagement
Hong Kong has launched the Virtual Asset Listing Association (VALA), a new regulatory framework for virtual asset exchanges aiming to enhance transparency, security standards, and institutional participation. The […]
South Korea Sets Course for Virtual Asset Legislation by 2025
South Korea is preparing to enact a major overhaul of its virtual asset legislation, with a target completion date set for September 2025. This second phase of the […]
Hong Kong & South Korea Join Forces on Virtual Asset Regulation
South Korea is exploring collaborations with Hong Kong’s burgeoning virtual asset market, according to a recent development revealed by Hong Kong Legislative Council member Ng Kit Chuang. The […]
Dazhihui: Clarification on Stablecoins and Virtual Assets
Dazhihui recently clarified its position regarding stablecoins, virtual asset trading, and cross-border payments in response to recent market inquiries.
Hong Kong Launches Committee to Strengthen Anti-Money Laundering Standards for Virtual Assets
Hong Kong has established the Hong Kong Digital Asset Anti-Money Laundering Professional Committee (DAAMC) in collaboration with the Hong Kong Virtual Asset Industry Association. This non-profit organization brings […]