Hong Kong

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,...

Chinese Visitors Test Anonymous Stablecoin Services in Hong Kong Using RealDID

Flare and Red Date Technology tested anonymous stablecoin registration for 200 mainland Chinese visitors in Hong Kong using China's RealDID system Users could register for...

ZA Bank Tests Waters with Crypto Trading in Hong Kong Sandbox Trial

ZA Bank launches sandbox trial for crypto trading, targeting Hong Kong's retail investors75% of Hong Kong retail investors show interest in crypto trading according...

Hong Kong Eyes Tax Breaks to Lure Elite Crypto Investors

Hong Kong plans to extend tax incentives to family offices and private funds investing in cryptocurrency by year-end.Current tax benefits include a 16.5% profits...

Hong Kong Asset Managers Eye Bitcoin ETF Market

Hong Kong-based asset managers are applying for spot Bitcoin exchange-traded funds (ETFs).Major firms like VSFG and Value Partners have officially submitted their applications to...

Hong Kong Explores Spot Crypto ETFs as US Remains Cautious

Hong Kong, has been making strides in the cryptocurrency market. The city currently allows trading of crypto Exchange-Traded Funds (ETFs) based on futures.At...

HSBC Pioneers Cryptocurrency Adoption in Hong Kong with Bitcoin and Ethereum ETF Offerings

Bitcoin spot ETFs have been getting a lot of attention in the cryptocurrency industry lately, especially in the US where "colossal" companies have filed...

Hong Kong Embraces Cryptocurrencies: Huobi and Major Exchanges Eyeing New Opportunities

As of 1 June 2023, Hong Kong started accepting applications from cryptocurrency exchanges to start operating there. The news of Hong Kong's opening up...

Latest news

Attackers Drain Hot Wallets on BTCPay Server, Shutdown Urged

BTCPay Server urged operators to shut down their instances on Sunday after reports that attackers were sweeping hot wallets...

Woo, Pillows: Bitcoin Edges Gold, First Bull Run Correction

Bitcoin traded near $78,000 on Monday, showing resilience despite a $6 billion hack on Binance.Analyst Michaël van de Poppe...

Bank of Korea Probes Crypto Risks for Financial Firms

The Bank of Korea is surveying 18 banks and 13 brokerages about cryptocurrency-related risks.The survey includes scenarios involving a...