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OKX withdraws VASP license application in Hong Kong

OKX withdraws VASP license application in Hong Kong. The exchange will cease trading services by May 31. Users can withdraw funds until August 31. OKX has announced the withdrawal of…

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…

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…