Hong Kong

US Sanctions Iranians, Hong Kong, UAE Firms Over $100M Crypto Oil Deal

The U.S. Treasury sanctioned two Iranian financiers and several entities in Hong Kong and the United Arab Emirates for using cryptocurrency to help fund...

Chinese Firms Face New Restrictions on Hong Kong Stablecoin Activity

Mainland Chinese companies in Hong Kong may face new limits on stablecoin and crypto activities.Chinese state-owned enterprises and banks with Hong Kong branches are...

Hong Kong Technicians Arrested for Illicit Crypto Mining in Care Homes

Authorities in Hong Kong arrested two technicians for operating eight illegal crypto mining rigs in care homes for the disabled. The hidden mining equipment caused...

Hong Kong Regulator Sets Stricter Crypto Custody Rules for VATPs

Hong Kong’s financial regulator has introduced new rules for digital asset trading platforms to protect customer funds. Platforms must now use offline cold wallets, air-gapped...

Standard Chartered, Animoca JV Apply for Hong Kong Stablecoin License

Standard Chartered Bank, Animoca Brands, and HKT have applied for a stablecoin issuer license in Hong Kong through their joint venture, Anchorpoint Financial Limited.The...

Hong Kong Stablecoin Laws Take Effect; HKMA Warns of Market Hype

Hong Kong's stablecoin law will take effect on August 1.Several companies have announced stablecoin plans, increasing market activity and risks.The new rules impose large...

Hong Kong Unveils LEAP Framework, Sets Global Crypto Rulebook

Hong Kong announced the LEAP framework on June 26 to regulate stablecoins and tokenized assets with clear rules. The new policy unifies digital asset oversight...

Eric Trump to Speak at BTC Asia as Hong Kong Advances Crypto Laws

Eric Trump is scheduled to speak at the BTC Asia conference in Hong Kong in August. Hong Kong is advancing pro-crypto laws through its legislative...

Latest news

Gate Launches Ethereum-Compatible Layer 2, Revamps GT Token

Gate has introduced Gate Layer, a new Layer 2 blockchain to raise transaction speeds and lower fees. Gate Layer is...

FalconX Launches First Forward Rate Contracts for Ethereum Staking

FalconX completed the first forward rate agreements based on the Treehouse Ethereum Staking Rate. The new products allow institutional investors...

Oracle to Operate TikTok US Algorithm as Takeover Deal Nears Completion

A potential agreement is nearing that would move control of TikTok’s U.S. operations to an American-led group.Oracle Corp (ORCL)...

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