Key Takeaways ZA Bank, Hong Kong’s largest virtual bank, has launched a service allowing retail users to trade Bitcoin and Ethereum directly using fiat currency. The bank announced that Hong Kong residents with a ZA Bank account can open an…
Key Takeaways On October 28, the Hong Kong Financial Services and Treasury Bureau (FSTB) announced new guidelines designed to enhance the integration of artificial intelligence (AI) within the financial services sector. During a keynote address at Fintech Week, Christopher Hui,…
Key Takeaways The Hong Kong Securities and Futures Commission (SFC) is preparing to grant additional licenses to cryptocurrency businesses by the close of 2024, according to an October 7 report from local news outlet Hong Kong 01. This comes after…
Key Takeaways The Hong Kong Securities and Futures Commission (SFC) has granted a digital asset exchange license to Hong Kong Digital Asset Xchange Limited (HKDAEx) on August 27. This approval comes even though the official deadline for submitting applications passed…
Key Takeaways Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have now amassed over 2 billion Hong Kong dollars (about $256 million) in assets under management (AUM). On August 22, the ChinaAMC Bitcoin ETF reported a notable inflow, adding 274 Bitcoin,…
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