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.…
Bitget’s Hong Kong operator invests $90M in OSL
BGX, the company that runs BitgetX in Hong Kong, has agreed a $90 million investment in BC Technology. BC Technology is the parent company of OSL, a publicly listed crypto…
Bitget halts plans for crypto licence in Hong Kong
Bitget announced that it will halt operations for its Hong Kong unit by December 13. The crypto exchange said the decision is down to “business and market related considerations.” Users…
UBS joins HSBC in offering crypto futures ETFs to wealthy clients in Hong Kong
UBS joins the crypto trend in Hong Kong, following HSBC’s lead. HSBC currently offers Bitcoin and Ethereum ETFs in Hong Kong. Hong Kong regulators are considering retail access to crypto…