Hong Kong | ForkLog

ForkLog 7 06.04.2023

Major Chinese insurer launches two crypto funds in Hong Kong

China Pacific Insurance Group, the fourth-largest insurer in China by revenue, via a subsidiary launched two investment funds in Hong Kong focused on the digital asset industry.

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ForkLog 6 03.04.2023

Opinion: Hong Kong Could Draw the Crypto Industry Away from the United States

Cryptocurrency companies could shift jurisdiction from the United States to Hong Kong amid tougher scrutiny from American regulators. The Wall Street Journal reported Kaiko chief Ambre Soubiran said.

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ForkLog 7 30.03.2023

Hong Kong fund aims to raise $100 million for Web3 investments

Investors in Hong Kong have created the ProDigital Future fund with a $100 million target to finance the digital assets industry. Bloomberg reports.

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ForkLog 13 28.03.2023

OKX to Apply for a Hong Kong License

The cryptocurrency exchange OKX plans to open a Hong Kong subsidiary. This is stated in the company's press release.

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ForkLog 15 27.03.2023

Bloomberg: Chinese banks eye servicing crypto firms based in Hong Kong

Several large Chinese banks have opened accounts or sent requests offering cooperation to crypto firms based in Hong Kong. Bloomberg reports citing informed sources.

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ForkLog 15 22.02.2023

Hong Kong to earmark HKD 50m in annual budget for Web3 industry

Over the coming year, Hong Kong authorities will allocate HKD 50m (~$6.4m) to accelerate the development of the Web3 ecosystem. This was announced by the jurisdiction's Financial Secretary Paul Chan.

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ForkLog 5 21.02.2023

Bloomberg flags Beijing’s backing of Hong Kong’s crypto ambitions.

The Chinese government is quietly backing Hong Kong authorities in their bid to turn the region into a cryptocurrency hub, Bloomberg reports.

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ForkLog 12 20.02.2023

Huobi applies for a licence in Hong Kong

Tron founder Justin Sun announced that the cryptocurrency exchange Huobi has submitted a licence application in Hong Kong.

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ForkLog 8 20.02.2023

Hong Kong regulator proposes rules for cryptocurrency platforms

The Hong Kong Securities and Futures Commission (SFC) has launched public consultations on new requirements for operators of digital asset trading platforms, according to the agency's website.

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ForkLog 11 13.02.2023

DBS Bank to offer cryptocurrency services in Hong Kong

Singapore's largest bank DBS Bank plans to apply for a licence to offer cryptocurrency services to clients in Hong Kong. Bloomberg reports.

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ForkLog 8 06.02.2023

Hong Kong regulator to boost staffing to strengthen crypto oversight.

The Hong Kong Securities and Futures Commission (SFC) plans to hire additional staff to ensure \"better oversight\" of the activities of local virtual asset service providers (VASPs). The report is by the South China Morning Post.

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ForkLog 6 31.01.2023

Hong Kong regulator to require licensing for stablecoin issuers

The Hong Kong Monetary Authority (HKMA) will introduce mandatory licensing for issuers of «stablecoins» during 2023-2024, in line with feedback received on the regulator's powers changes.

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