hong

South Korean financial authorities are facing increasing calls to authorize cryptocurrency exchange-traded funds (ETFs). This push comes after the U.S. Securities and Exchange Commission granted approval for Ethereum-based spot ETFs,…

Hong Kong’s regulatory authorities greenlit retail cryptocurrency trading in August of last year, a move that saw HashKey and OSL emerge as the inaugural duo to receive licenses under these new regulations. This regulatory shift has…

In a significant development, Hong Kong’s largest bank, HSBC Holdings Plc, is offering Bitcoin-linked ETFs. The Chinese territory is looking to position itself as a global hub for cryptocurrencies. Despite last year’s market volatility,…

The Securities Futures Commission (SFC) of Hong Kong is taking a significant step towards establishing the region as a crypto hub. Recently, they unveiled plans to release cryptocurrency exchange licensing guidelines in May 2023. These…

Hong Kong’s High Court has issued a landmark ruling declaring cryptocurrencies to be a form of property that can be held in trust. The decision puts crypto on par with other intangible assets like stocks and bonds and marks the first time a…

A 55-year-old resident of Hong Kong recently fell prey to an online cryptocurrency investment scam and lost her entire life savings worth almost $900,000. This is not an isolated case, as such fraud cases have become quite frequent in the…