Hong Kong
Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.
Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms
Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.
Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin
The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.
Hong Kong's Central Bank Digital Currency Could Be on Permissioned Blockchain: Source
The regulator of e-HKD has left the implementation of Hong Kong's CBDC to the banks.
HashKey Group to Debut Regulated Exchange in Second Quarter
The exchange will be open to professional investors. HashKey plans to welcome retail users in coming months.
Hong Kong Regulator Says DeFi Projects Could Face Regulatory Requirements
The SFC's comments come just after the United States and France published reports on regulating DeFi.
Metalpha Launches Grayscale-Based Digital Asset Fund
Metalpha’s Hong Kong-licensed fund will give investors exposure to Grayscale’s products, but also allow for withdrawals which is something currently missing for U.S. investors.
Hong Kong’s Financial Secretary Declares Now Is the 'Right Time' for Web3 Adoption
Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.
Crypto Exchange Bitget Starts $100M Asia-Focused Web3 Fund
The firm started its fund as more crypto projects seek non-U.S. jurisdictions.
Crypto Derivatives Exchange Bitget Sees 'All-Time High' Trading Volumes After FTX's Collapse
After FTX, we saw "an all-time high in our trade volumes, as well as new registered users," said Gracy Chen, Managing Director for Seychelles-based crypto derivatives exchange Bitget. Plus, Chen discusses the exchange's license application in Hong Kong.
