Hong Kong


Policy

Animoca’s Yat Siu says crypto’s Trump moment is over

With the political hype fading, Siu argues crypto’s next phase will be shaped less by personalities and more by infrastructure, regulation and who actually uses the technology.

Animoca Brands' co-founder and executive chairman Yat Siu speaks at Consensus Hong Kong (CoinDesk)

Markets

Solana Accelerate to open Consensus Hong Kong in February

CoinDesk and the Solana Foundation said the developer event will kick off Consensus Hong Kong on Feb. 11, setting the tone for a week focused on builders, capital, and policymakers.

Consensus Hong Kong

Policy

Hong Kong regulators target 2026 legislation for virtual asset dealer and custodian rules

The FSTB and SFC concluded consultations on virtual regimes and plan to introduce new bill to LegCo next year.

Colonnade at the Hong Kong Legislative Council building

Finance

HashKey Capital's $500 million-target blockchain fund raises $250 million in first round

The HashKey Fintech Multi-Strategy Fund IV aims will invest in blockchain infrastructure and applications with real-world use cases.

Hong Kong's skyline (Chris Lam/CoinDesk)

Policy

Hong Kong proposes new rules to tap insurance capital into cryptocurrencies

Public consultation on the proposal will occur from February to April, with legislative submissions expected later in the year.

Hong Kong's skyline (Chris Lam/CoinDesk)

Markets

Crypto exchange HashKey's shares fall, recover on trading debut in Hong Kong

Investors questioned whether Hong Kong’s dominant licensed exchange can turn surging volumes and regulatory advantage into sustainable profits.

CoinDesk

Finance

Hong Kong's RedotPay raises nearly $110 million Series B to push global stablecoin payments

The Hong Kong-based fintech says demand for stablecoin-powered cards and cross-border payouts is accelerating as it scales payments beyond crypto trading.

Hong Kong's skyline (Chris Lam/CoinDesk)

Markets

HashKey Seeks $215 Million in Hong Kong IPO While Racing Against Its Cash Burn Rate

HashKey's prospectus highlights surging institutional volume, expanding staking and tokenization pipelines and more than 1.44 million users, while losses and a US$5.2 million monthly burn rate loom over one of Asia’s largest regulated crypto bets.

CoinDesk

Markets

HashKey Leads Hong Kong’s Crypto Market as Losses Deepen Ahead of IPO

Ultra-low fees kept monetization in the basis-point range, leaving revenue unable to offset steep losses despite surging Hong Kong trading volumes.

CoinDesk

Policy

Justin Sun Doubles Down on First Digital Trust Fraud Allegations, Urges H.K. Regulators to Act

Sun accused FDT of exploiting gaps in Hong Kong’s trust company regime and urged regulators to act after a Dubai court froze assets linked to the alleged misappropriation.

Justin Sun at a press conference