Tag: Hong Kong

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Hong Kong Explores Crypto Asset License Management, Says Report

The People's Bank of China discusses global crypto regulations, highlighting Hong Kong crypto asset license management and new regulation. The People's Bank of China has...

Hong Kong Grants Licenses to Four More Crypto Exchanges

Hong Kong grants licenses to four more crypto exchanges, aiming to become a global crypto hub with efficient licensing processes. Hong Kong is taking significant...

Hong Kong Introduces Stablecoin Bill to Regulate Issuers

Hong Kong introduces the Stablecoin Bill to regulate fiat-backed stablecoin issuers, ensuring financial stability and transparency in virtual assets. Hong Kong Secretary for Financial Services...

Hong Kong Unveils Crypto Reporting Plan for Tax Transparency

Hong Kong announces plans for a Crypto-Asset Reporting Framework by 2026, aiming to enhance tax transparency and combat tax evasion. The Hong Kong government has...

Hong Kong Lawmaker Proposes Crypto Investments for Fiscal Reserves

Hong Kong considers crypto investment for fiscal reserves. New regulations and consultations aim to enhance crypto oversight. A Hong Kong lawmaker has proposed a significant...

Circle Targets Hong Kong for USDC Expansion

Circle plans to expand its USDC stablecoin operations in Hong Kong, awaiting new regulations to guide its business strategy and growth. Circle, the issuer of...

ZA Bank Launches Sandbox Pilot for Virtual Asset Trading

ZA Bank launches a sandbox pilot for virtual asset trading in Hong Kong, responding to high demand from retail investors interested in crypto. ZA Bank...

Hong Kong Launches AI and Virtual Asset Initiatives

Hong Kong launches AI and virtual asset initiatives, introducing policy guidelines and tax exemptions to strengthen its position as a business hub. Hong Kong has...

Hong Kong Grants HKDAEx SFC License, Boosting Crypto Hub Status

HKDAEx receives the SFC license despite missing the official application date. Hong Kong keeps strict regulations in order to maintain its position as...

Crypto Prices Rise Following Positive Sentiment from Hong Kong

Towards the end of May, crypto prices rose somewhat following news that Hong Kong would permit retail trading and move in the opposite direction...

Hong Kong Set to Tax Crypto as Property

Hong Kong is looking to implement digital currency regulations. It recently took its first step in doing so by deciding (and taking a page...

Seven Men from Hong Kong Arrested Following Alleged Kidnapping of Crypto Trader

Seven members alleged to be members of the Hong Kong triad have been arrested in connection with the kidnapping of a cryptocurrency trader. The...