Hong Kong Experiences Sharp Rise in Crypto License Applications

In less than two months, the Hong Kong SFC received 18 applications for crypto licenses from domestic and international participants.

In less than two months, the Hong Kong SFC received 18 applications for crypto licenses from domestic and international participants.

Key Takeaways Amidst the tightening regulations in Hong Kong’s cryptocurrency landscape, the Securities and Futures Commission (SFC) and local law enforcement have raised alarms regarding a suspected fraudulent activity involving an entity posing as a virtual asset trading platform. The…

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The Hong Kong SFC reportedly accepted the first spot Bitcoin ETF application in just a few weeks following the US SEC approval of the first spot BTC ETF.

Key Takeaways The crypto landscape is witnessing a transformative wave as the Hong Kong Virtual Asset Consortium (HKVAC) announced sweeping changes to its crypto indices. In a surprising move, the consortium has reshuffled its top 5 crypto index, top 10…

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Hong Kong has indicated that it will acknowledge and control fiat-referenced stablecoins (FRS), but that issuers must first secure a certain local license.

WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.

Spot crypto ETFs are about to be welcomed in Hong Kong as the city's financial regulator declared on December 22 that it is ready to accept applications for them.

A warning has been issued by the SFC of Hong Kong over possible fraudulent activities using BitCuped and the Hong Kong Digital Research Institute.