BTC slips amid poor debut for Hong Kong spot ETFs
Bitcoin fell to under $62,000 after spiking past $64,700 earlier as Hong Kong spot Bitcoin and Ethereum ETFs began trading. Data showed trading volumes hit just over $11 million, against…
Hong Kong’s spot ETFs report drives BTC higher; investors pile into Bitbot presale
Bitcoin price has flipped above $70,000, while Ethereum is above $3,500. This is after news that Hong Kong is likely to approve its first spot Bitcoin and Ethereum ETFs as…
Hong Kong-based Asset Manager VSFG aiming for a May spot Bitcoin ETF launch
There are reports that the Hong Kong SFC is considering to approve Bitcoin ETFs in Q2 2024. VSFG and Value Partners have applied for approval to offer a spot Bitcoin…
Zodia Custody secures TCSP license in Hong Kong
Zodia Custody (HK) has received the Trust or Company Service Provider (TCSP) license. The Standard Chartered-backed digital assets custody platform will offer regulated services to institutional clients. Zodia Custody (HK),…
FalconX announces expansion into Hong Kong
Digital assets brokerage FalconX announces expansion into Hong Kong. The platform expanded its services to Singapore in 2023 as it sought to grow its presence in the APAC. FalconX recently…
Crypto.com seeks Hong Kong license amid regulatory crackdown
Crypto.com applies for Hong Kong license amid regulatory crackdown. Hong Kong SFC emphasizes swift closure for unlicensed exchanges, urging investor protection. The outcome of Crypto.com’s application remains uncertain. In a…
Harvest Fund files for spot bitcoin ETF in Hong Kong: report
Harvest Hong Kong is the first institution in Hong Kong to file for a spot Bitcoin ETF. A local news outlet suggests the Hong Kong Financial Services Commission (FSC) could…
OKX and HashKey Group eye partnership to promote crypto innovation in Hong Kong
OKX and Web3 technology company HashKey Group are eyeing a strategic alliance targeted at promoting virtual asset innovation and adoption in Hong Kong. Elsewhere, the OKB token plummeted on Tuesday,…
Hong Kong regulators open doors to spot crypto ETFs
Hong Kong’s SFC and HKMA are ready for spot crypto ETF applications. SFC revises rules, allowing funds direct exposure to spot virtual assets, emphasizing secure transactions. Contrary to China’s stance,…
Hong Kong bans two crypto sites for misleading investors
Hong Kong’s Securities and Futures Commission (SFC) banned the two crypto websites for scamming users. HongKongDAO and BitCuped were blocked after a joint effort of the police and internet providers.…