Hong Kong

Hong Kong is a significant hub in the global cryptocurrency landscape, home to numerous blockchain companies, crypto exchanges, and enthusiasts. The region boasts a robust regulatory framework, fostering a conducive environment for crypto-related activities. Renowned crypto exchanges like Bitfinex and OKEx are headquartered here, facilitating vast daily trading volumes. Hong Kong's blockchain networks are advanced, supporting various protocols and fostering innovation in the crypto space. The region's crypto community is diverse, involving investors, traders, developers, and blockchain startups. Despite its traditional finance background, Hong Kong has embraced the digital asset revolution, positioning itself as a leading player in the crypto world.

Finance

Fidelity International-Backed Exchange OSL Cuts Workers Amid Crypto Winter: Bloomberg

Hugh Madden, CEO of OSL's parent company, cited current market conditions.

By Nelson WangJan 17, 2023

Policy

Hong Kong to Propose Approved Set of Crypto Tokens for Retail Trading: Reuters

The CEO of the Hong Kong's securities regulator said only "highly liquid" assets will be on the list.

By Jamie CrawleyJan 11, 2023

Policy

Hong Kong’s Finance Regulator Calls for 'a More Solid Footing' for Crypto

After crypto firms have left the city, the regulator says it’s now moving with the market and industry.

By Lavender AuJan 10, 2023

Christopher Hui speaking at 2022 Hong Kong FinTech Week. (Information Services Department of HKSAR)

Finance

Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging

Newly named Metalpha has its work cut out for it, hedging an uncertain market for institutional clients.

By Eliza GkritsiJan 10, 2023

Videos

Blockchain Education in Hong Kong Universities

Host Joel Flynn discusses Hong Kong universities leading the way on developing talent for the future of Web3. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Dec 19, 2022

Finance

Hong Kong's New Bitcoin and Ether Futures ETFs Raise $79 Million in Trading Debut

The Hong Kong Stock Exchange now has its first two cryptocurrency funds.

By Nelson Wang, Sam ReynoldsDec 15, 2022

Policy

Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'

Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission, will be commencing his role with the Financial Conduct Authority on Feb. 20, he told the Treasury Committee.

By Camomile ShumbaDec 15, 2022

Ashley Alder will become chair of the U.K.'s FCA next year. (H.K. Securities and Futures Commission)

Policy

Hong Kong Amends Finance Law to Incorporate Crypto Firms

Virtual asset service providers will be covered by terror financing and anti-money laundering rules as of June 2023.

By Jamie CrawleyDec 8, 2022

Hong Kong regulator pushes for tougher crypto regulations. (Chester Ho/Unsplash)

Videos

Innovation vs Regulation

Could Hong Kong and Singapore rival the U.S. together? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Dec 5, 2022

Videos

AAX Likely Moving Toward Legal Procedure, Former Exec Predicts

Hong-Kong based crypto exchange AAX closed out its derivatives position. The company said in a statement on Nov. 19 that the firm "has a chance ... of resuming normal operations." Former AAX VP and Head of Research Ben Caselin says "that's definitely not my sentiment observation," adding the exchange is likely moving to a legal procedure.

Nov 30, 2022