Hong Kong

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.

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."

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.

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.

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.

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."

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.

Shuttered AAX Closing Out Derivatives as it Hopes to Reopen
Hong Kong-based exchange AAX will close out derivatives positions as it attempts to return to normal following a hack. Two days after FTX filed for bankruptcy, AAX suspended withdrawals saying they did so to avoid fraud and exploitation after a maintenance partner failed. Former AAX VP and Head of Research Ben Caselin breaks his silence.

Hong Kong Crypto Exchange AAX Unlikely to Reopen, Former Communications Chief Says
The exchange shuttered on Nov. 13 after a reported hack.

Shuttered AAX Will Close Out Derivatives, Citing ‘Chance’ of Return to Normal
The Hong Kong crypto exchange hopes to be able to raise enough capital to reopen following a hack.

