Crypto Evening Briefing: HashKey Obtains SFC Approval to Conduct Off-Platform Virtual Asset Trading (OTC)
HashKey announced that it has obtained approval from SFC to carry on an off-platform virtual asset trading business out of (“OTC”) for Hash Blockchain Limited (“HBL”).
HashKey Obtains Approval From the SFC of Hong Kong To Conduct Off-Platform Virtual Asset Trading (OTC)
HashKey Group (“HashKey”), a leading digital asset financial services provider in Asia, is proud to announce that it has obtained approval from the Securities and Futures Commission of Hong Kong (“SFC”) to carry on an off-platform virtual asset trading business out of (“OTC”) for Hash Blockchain Limited (“HBL”).
Hong Kong’s New Crypto Regulation May Lure Web3 Firms Back, Experts Say
On Monday, the Hong Kong Securities and Futures Commission (SFC) published draft rules for virtual asset trading platforms and sought public feedback. As part of the new licensing regime set to take effect in June, the SFC plans to require cryptocurrency exchanges to apply for licenses that would allow retail investors to trade certain large-capitalization tokens. Just last month, the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, said in a consultation document that it plans to introduce a mandatory licensing regime for stablecoin issuers as early as this year, and will not allow algorithmic stablecoins. (forkast)
Gate Group Confirmed Applying for New Crypto License in Hong Kong
Gate Group will launch Gate HK, a new platform designed for the Hong Kong market.
Crypto Evening Briefing: Tencent Announces Web3 Strategic Partnership With Ankr, Avalanche, Scroll, Sui
Tencent Cloud announces to actively support Web3 developments and contribute to the sustainable development of the global Web3 community.
Gate Group Confirmed Applying for New Crypto License in Hong Kong
Gate Group, the world-leading exchange, is committed to expanding its presence in the Hong Kong market by applying for a new crypto license which will allow them to launch Gate HK, a new platform designed for the Hong Kong market. Following on from Gate Group's Hong Kong-based company, Hippo Financial Services Limited (Hippo FS), obtaining its Trust or Company Service Provider (TCSP) Licence last August.
Hong Kong To Invest US$6.37 Million To Spur Web3 Growth
Hong Kong is allocating HK$50 million (US$6.37 million) to develop its Web3 sector, the special administrative region’s Financial Secretary Paul Chan announced Wednesday during his annual budget speech at the Legislative Council.
China Reportedly Approves Crypto Usage in Hong Kong, Details Inside
According to a report by Bloomberg published on 21 February, representatives from China’s Liaison Office, along with other officials, have attended Hong Kong’s crypto gatherings in the past few months. The meetings have been friendly, with officials checking on developments, asking for reports, and in some cases, making follow-up calls. The Liaison Office happens to be the top mainland body in the island city.
Hong Kong’s Approach to Crypto Regulation Could Attract Capital, Talent to Asia: Bernstein
The Hong Kong Securities and Futures Commission (SFC) has taken a “regulate to protect” approach to cryptocurrencies, contrasting with recent action in the U.S. of regulation by enforcement, Bernstein said in a research report Monday.
Hong Kong Proposal on Crypto Regulations Not Entirely Bullish
Hong Kong is planning to fully open its doors to crypto asset trading and investment. However, reading the fine print of its crypto regulations proposals reveals a lot of restrictions and hidden catches.
