Hong Kong

Hong Kong Unveils ‘ASPIRe’ Roadmap to Become Global Virtual Assets Hub

Hong Kong's SFC launches comprehensive "ASPIRe" framework with five pillars to strengthen its position as a global virtual assets hub. The roadmap includes 12 initiatives...

Standard Chartered Forms Joint Venture to Launch Hong Kong Stablecoin

A new stablecoin joint venture in Hong Kong brings together Standard Chartered, HKT, and Animoca Brands seeking regulatory approval. The partnership leverages Standard Chartered's banking...

Chinese VC Giant Gaorong Ventures Backs Hong Kong Crypto Exchange With $30M Investment

Gaorong Ventures has invested $30 million in HashKey Group at a pre-money valuation exceeding $1 billion. HashKey Group's post-money valuation approaches $1.5 billion following the...

Hong Kong Lawmaker: Late Start on Crypto Regulation Could Be Advantageous

Hong Kong's delayed approach to crypto regulation provides strategic advantages by learning from other jurisdictions' experiences. The territory aims to establish clear classifications for digital...

Hong Kong Courts Pioneer Blockchain-Based Legal Notices to Combat Crypto Crime

Hong Kong courts introduce blockchain-based legal notices for cryptocurrency wallet enforcement. Two wallet addresses on the tron network received tokenized legal notices to freeze assets. This...

Hong Kong Crypto Insurer OneDegree Plans Japan Entry as Digital Assets Gain Traction

Hong Kong's OneDegree plans Tokyo office launch in Q1 2025. Company targets Japan's growing cryptocurrency insurance market. Expansion includes new research facility in Fukuoka. Focus on blockchain...

Hong Kong Central Bank Launches DLT Support Program for Banks

Hong Kong Monetary Authority launched a DLT supervision program to support bank innovation. The Supervisory Incubator aims to help banks implement blockchain technology safely. Initial phase...

Hong Kong Plans Tax Exemption on Crypto Gains for Institutional Investors

Hong Kong proposes tax exemptions on crypto investment gains for sophisticated investors, including privately offered funds and family offices The proposal extends to overseas properties,...

Latest news

US, CrowdStrike disrupt Sality botnet in $150K crypto theft

US law enforcement and international partners disrupted the Sality botnet, a Malware network active since 2003Sality operators used a...

21 Global Banks Unite to Launch Dollar Stablecoin by 2027

Twenty-one major banks, including Goldman Sachs, Bank of America, and Citi, are forming a company to issue a USD...

StreamRat Android Trojan Hits 570K Meta Users via Fake Ads

Cybersecurity firm ThreatFabric uncovered a new Android banking trojan called StreamRat, spread via fake TV-streaming ads on Meta that...