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…
Hong Kong crypto exchange JPEX suspends trading amid SFC probe
The probe into JPEX has resulted in the arrest of one person. The JPEX exchange has allegedly been operating in the country without a license. JPEX’s native token, JPC, has…
Hong Kong warns crypto firms against referring to themselves as “banks”
Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits.” Using terms such as digital bank, crypto…
Hong Kong crypto platform HKVAX receives approval-in-principle from SFC
HKVAX has moved closer to becoming only the third platform to receive a VATP licence in Hong Kong. This is after it obtained an approval-in-principle from the Hong Kong Securities…
Hong Kong regulator warns crypto exchanges, Shiba Memu marches on
Hong Kong regulator the Securities and Futures Commission (SFC) published the warning on August 7. Crypto exchanges yet to apply for licences but have gone ahead to publicise the same.…
CoinEx launches BitHK trading platform for Hong Kong users
BitHK will offer spot trading and looks to launch a P2P exchange for Hong Kong users. The exchange will submit an application for registration as a VASP with the Hong…
Bitcoin bulls tap Hong Kong news to test key resistance
Bitcoin price rose to $27,500 on Coinbase early Tuesday, with the upside coinciding with positive crypto news from Hong Kong. This is after the Securities and Futures Commission (SFC) announced…
Rakkar Digital obtains TSCP License in Hong Kong, launches custodian services
Rakkar Digital is a Singapore-based company providing digital asset custodian services to institutional and enterprise clients across Southeast Asia and Hong Kong. Rakkar Digital has obtained TSCP License in Hong…
Crypto Market News: Hong Kong Plans for Massive Crypto Investment. Could This Push Metacade’s Token Sales Further on Uniswap and Other Crypto Exchanges?
Hong Kong has received a massive boost in its bid to overtake Singapore to become the world’s leading crypto hub. The government hit crypto market news headlines with its plans…