Category: Hong
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Hong Kong Tightens Crypto Rules: SFC May Take Charge Of OTC Trading—Here’s Why
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Hong Kong is considering changes to its regulatory framework for cryptocurrencies, particularly with regard to over-the-counter (OTC) virtual asset trading services. The Securities and Futures Commission (SFC) could play a greater role in overseeing the sector, working alongside the Customs and Excise Department (C&ED), according to a recent study. a…
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Hong Kong Tightens Crypto Rules: SFC May Take Charge Of OTC Trading—Here’s Why
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Hong Kong is considering changes to its regulatory framework for cryptocurrencies, particularly with regard to over-the-counter (OTC) virtual asset trading services. The Securities and Futures Commission (SFC) could play a greater role in overseeing the sector, working alongside the Customs and Excise Department (C&ED), according to a recent study. a…
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Hong Kong Tightens Crypto Rules: SFC May Take Charge Of OTC Trading—Here’s Why
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Hong Kong is considering changes to its regulatory framework for cryptocurrencies, particularly with regard to over-the-counter (OTC) virtual asset trading services. The Securities and Futures Commission (SFC) could play a greater role in overseeing the sector, working alongside the Customs and Excise Department (C&ED), according to a recent study. a…
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Hong Kong’s licensed crypto platform OSL set for brand overhaul
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Hong Kong-based cryptocurrency exchange OSL is set to rebrand as part of its global expansion plans. In a press release shared with crypto.news, OSL announced a partnership with Pentagram, a multinational design consultancy, to lead a “strategic brand refresh” in an effort to help OSL reach broader markets as it…
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Hong Kong’s licensed crypto platform OSL set for brand overhaul
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Hong Kong-based cryptocurrency exchange OSL is set to rebrand as part of its global expansion plans. In a press release shared with crypto.news, OSL announced a partnership with Pentagram, a multinational design consultancy, to lead a “strategic brand refresh” in an effort to help OSL reach broader markets as it…
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Hong Kong Property Pain Worsens for New World and Scion CEO
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(Bloomberg) — Shares of New World Development Co. fell as much as 14% Monday morning, as a slowdown in Hong Kong’s property market weighs on the company owned by billionaire Cheng’s family. Most Read from Bloomberg The company said late Friday it expects to post a loss of up to…
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Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM
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The three Hong Kong-based bitcoin ETFs have over HK$2 billion (about US$272 million) in assets under management since their launch earlier this year. New: ?? Hong Kong #Bitcoin ETF assets exceeded HK$2 billion in assets under management. China is getting ready ? pic.twitter.com/GQZC1Z5UFC — Bitcoin Magazine (@BitcoinMagazine) August 26, 2024…
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Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM
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The three Hong Kong-based bitcoin ETFs have over HK$2 billion (about US$272 million) in assets under management since their launch earlier this year. New: ?? Hong Kong #Bitcoin ETF assets exceeded HK$2 billion in assets under management. China is getting ready ? pic.twitter.com/GQZC1Z5UFC — Bitcoin Magazine (@BitcoinMagazine) August 26, 2024…
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London stock market reforms hailed as major draw by Hong Kong’s CK Infrastructure
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Andy Hunter, deputy managing director of CK Infrastructure, the first company to list under the new rules, said the recent reform of London’s listing rules had made the UK stock market more attractive. Hunter praised the reforms as “very welcome,” citing the streamlined process as an important factor in the…
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Hong Kong Spot Bitcoin ETFs Saw Highest Inflows in a Month
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Hong Kong-based bitcoin exchange-traded funds saw their largest inflow in more than a month today, highlighting Asia’s growing interest in bitcoin investment vehicles. Our new: ?? Hong Kong #Bitcoin ETFs saw $15 million in inflows today, the highest in a month. Slowly and steadily ? pic.twitter.com/Q83tjbS0ML — Bitcoin Magazine (@BitcoinMagazine)…
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Bitcoin and Ethereum Now Tradable on Hong Kong’s Largest Online Broker—Details
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Hong Kong has been making headlines in the cryptocurrency space lately for a number of reasons. One reason so far is that Futu Securities International, the largest online broker in Hong Kong, has announced its plans to expand. foot Retail cryptocurrency trading – Bitcoin and Ethereum – on its platform.…
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Hong Kong’s Largest Online Broker Launched Bitcoin Trading
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Photo for securitiesHong Kong’s largest online brokerage firm with over 3.5 million clients has launched retail Bitcoin trading on its platform. According to South China Morning PostUsers can now buy and sell Bitcoin and Ethereum directly using Hong Kong Dollars or US Dollars. NEW: ?? Hong Kong’s largest online broker…
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Hong Kong’s HashKey makes strategic investment in Catizen.AI’s publisher
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HashKey’s crypto venture capital arm has announced a strategic investment in Pluto Studio, the publishing platform behind the Telegram-based game Catizen.AI. HashKey Capital, the venture capital arm of Hong Kong-based cryptocurrency company HashKey, has backed Pluto Studio, the publishing platform behind the Telegram-based game Catizen.AI, with a “strategic investment” in…
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Hong Kong’s HashKey makes strategic investment in Catizen.AI’s publisher
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HashKey’s crypto venture capital arm has announced a strategic investment in Pluto Studio, the publishing platform behind the Telegram-based game Catizen.AI. HashKey Capital, the venture capital arm of Hong Kong-based cryptocurrency company HashKey, has backed Pluto Studio, the publishing platform behind the Telegram-based game Catizen.AI, with a “strategic investment” in…
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Hong Kong legislator Johnny Ng advocates for Bitcoin, web3 development
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Hong Kong politician Johnny Ng has expressed interest in the concept of a national Bitcoin reserve, following Trump’s Bitcoin 2024 keynote speech — which included a plan to create a US Bitcoin reserve. In a post on X today, July 28, Ng, a member of Hong Kong’s Legislative Council, said,…
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Hong Kong legislator Johnny Ng advocates for Bitcoin, web3 development
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Hong Kong politician Johnny Ng has expressed interest in the concept of a national Bitcoin reserve, following Trump’s Bitcoin 2024 keynote speech — which included a plan to create a US Bitcoin reserve. In a post on X today, July 28, Ng, a member of Hong Kong’s Legislative Council, said,…
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Asia’s First Inverse Bitcoin ETF to Launch Tomorrow in Hong Kong
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The Hong Kong Stock Exchange (HKEX) is set to make history tomorrow by launching Asia’s first inverse cryptocurrency exchange-traded fund (ETF). Our new: ?? The first reverse in Asia #Bitcoin The exchange-traded fund (ETF) will launch tomorrow in Hong Kong. pic.twitter.com/HSV28BZd2l — Bitcoin Magazine (@BitcoinMagazine) July 22, 2024 The CSOP…
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Asia’s First Inverse Bitcoin ETF to Launch Tomorrow in Hong Kong
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The Hong Kong Stock Exchange (HKEX) is set to make history tomorrow by launching Asia’s first inverse cryptocurrency exchange-traded fund (ETF). Our new: ?? The first reverse in Asia #Bitcoin The exchange-traded fund (ETF) will launch tomorrow in Hong Kong. pic.twitter.com/HSV28BZd2l — Bitcoin Magazine (@BitcoinMagazine) July 22, 2024 The CSOP…
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Exclusive-Illicit chip flows to Russia seen slowing, but China, Hong Kong remain transshipment hubs By Reuters
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By James Pomfret and Michael Martina HONG KONG/WASHINGTON (Reuters) – Semiconductors and other banned goods shipped through China and Hong Kong to fuel Russia’s war effort have fallen by a fifth this year, previously undisclosed U.S. Commerce Department data shows, but Hong Kong remains a global hub for sanctions evasion.…
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Businessman Scammed Out of $400K in Crypto, 3 Arrested in Hong Kong
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Hong Kong police have arrested three individuals on suspicion of defrauding a businessman of HK$3.11 million, equivalent to about US$399,000, in crypto assets by offering him three bundles of counterfeit HK$1,000 banknotes. Officers reportedly seized 10,978 counterfeit HK$1,000 notes during a raid on the Mong Kok office where the fraudulent…