Crypto Investor HashKey Aims to Raise $100M for New Digital Assets Fund
The liquid digital assets fund, regulated by the Hong Kong Securities and Futures Commission, will open for investments on Sept. 1.
Hong Kong
Hong Kong’s New Crypto License Could Cost Exchanges a Pretty Penny
The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say.
Hong Kong Sets Up Task Force for Web3 Development
Hong Kong wants to be a Web3 hub, Financial Secretary Paul Chan said.
What New York Can Learn From Hong Kong in Regulating Crypto
A small number of unelected individuals in Washington D.C. are exercising alarming authoritarian power as regulators, counter to the Big Apple’s stated desire to move from antiquated financial systems to digital ones, writes Omer Ozden.
Don’t Overlook Tokyo and Hong Kong as Crypto Hot Spots
The two Far East financial hubs take a comprehensive approach to overseeing crypto, and are likely to attract businesses from around the world. They don’t appear on CoinDesk’s Crypto Hubs 2023 ranking of the 15 best places to live and work for crypto professionals, but they should not be ignored.
Hong Kong’s HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That’s Not Really News
HSBC’s customers in Hong Kong have in fact been able to trade such crypto investment products since they were listed on the Hong Kong Stock Exchange in December.
Justin Sun: Huobi Could Have Hong Kong License in 6 to 12 Months
Crypto exchange Huobi could receive a crypto trading license in Hong Kong as soon as the end of the year, Huobi advisor and Tron founder Justin Sun said on CoinDesk TV on Friday.
Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund
The firm has so far received $20 million out of its $100 million target for the fund.
Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1
The Securities and Futures Commission’s guidelines explicitly ban crypto gifts to incentivize retail investments, which likely includes airdrops.
Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg
The firm is looking to capitalize on Hong Kong’s re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets.