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.

Policy

Jack Ma's Ant International Seeks Stablecoin Licenses in Hong Kong, Singapore: Bloomberg

Hong Kong has been establishing a stablecoin regime since 2023, with the legislation expected to go into effect in August

By Jamie CrawleyJun 12, 2025

Ant Group and Alibaba co-founder Jack Ma (CoinDesk Archives)

Policy

Hong Kong Set to Allow Crypto Derivatives Trading

Crypto derivatives are a much larger market than spot trading.

By Sam ReynoldsJun 5, 2025

Hong Kong's skyline (Chris Lam/CoinDesk)

Markets

Vaulta, Fosun Team Up to Power Blockchain Infrastructure in Hong Kong

The partnership centers around FinChain, a virtual asset business launched by Fosun Wealth Holdings.

By Francisco RodriguesMay 29, 2025

Hong Kong harbor during a sunrise (Manson Yim/Unsplash)

Policy

Hong Kong Joins Global Race With New Stablecoin Licensing Bill

Hong Kong has been working on establishing a stablecoin regime since 2023.

By Camomile ShumbaMay 21, 2025

Finance

HashKey Capital to Debut Asian XRP Tracker Fund With Ripple as Anchor Investor

The fund aims to simplify institutional access to XRP for cross-border payments, crypto investing in Asia.

By Francisco RodriguesApr 18, 2025

Price and depth chart on laptop (Austin Distel/Unsplash/Modified by CoinDesk)

Policy

First Digital Trust Files Defamation Claim Against Justin Sun

First Digital seeks an injunction to restrain Sun from publishing "similar words" to claims about insolvency.

By Sam ReynoldsApr 9, 2025

Justin Sun speaks at Consensus Hong Kong (CoinDesk)

Policy

Hong Kong Regulator Releases Crypto Staking Rules for Licensed Exchanges

Hong Kong's Securities and Futures Commission has given a green light for virtual asset trading platforms (VATPs) and authorized virtual asset funds to offer staking services.

By Sam ReynoldsApr 7, 2025

Julia Leung, Chief Executive Officer Securities and Futures Commission (SFC), speaks at Consensus Hong Kong (SFC)

Finance

China's CPIC Rolls Out $100M Tokenized Fund with HashKey as RWA Trend Expands in Asia

Asset tokenization is a red-hot sector in crypto as asset managers around the globe are increasingly leveraging blockchain rails for traditional instruments like bonds and funds.

By Krisztian SandorMar 24, 2025