News on licensing, exchange hubs, virtual asset rules, and the city’s evolving role in digital finance.
The scammers are reportedly pretending to be a legitimate virtual asset trading platform (VATP) and luring unsuspecting victims into participating in what appears to be a crypto investment scam.
Assad Jafri 3 min read 
Hong Kong has licensed only two crypto trading platforms for traders in its region.
According to the Hong Kong Office of the Privacy Commissioner for Personal Data, there are concerns that Worldcoin is in "contravention" of regulatory requirements related to data collection and storage.
Hong Kong has received its first application for a spot Bitcoin ETF in the region.
Multiple firms are looking to launch spot Bitcoin ETFs within the coming months now that Hong Kong has softened its stance toward the industry.
Legislative Council member Johnny Ng has raised concerns over Hong Kong's new stablecoin licensing rules.
With updated policies, Hong Kong takes decisive steps to encourage spot crypto ETFs in the market.
Amidst heightened surveillance, SFC obstructs HongKongDAO and BitCuped for regulatory infractions.
Crypto investment products have recorded $1.76 billion worth of inflows during the past 10 weeks.
