Hong Kong Establishes Crypto Task Force Amid Ongoing JPEX Investigation

The SFC and the HKPF have established a working group dedicated to cryptocurrency to address illegal crypto exchange activities.

The SFC and the HKPF have established a working group dedicated to cryptocurrency to address illegal crypto exchange activities.

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The SFC, one of Hong Kong's main financial regulators, has committed to increasing measures to tackle unregulated cryptocurrency platforms.

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According to court records, the now-defunct cryptocurrency exchange FTX sued former Salameda staff members on September 21.

Investigations into the liquidity crisis of the cryptocurrency exchange JPEX led to the arrest of a social media influencer with a base in Hong Kong.

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key takeaways: Countries worldwide are actively vying to establish themselves as hubs for cryptocurrency operations, and Hong Kong is no exception. ย Recently, HashKey Exchange began catering to retail investors in Hong Kong, granting them the opportunity to purchase bitcoin andโฆ

Key Takeaways HashKey Exchange, a local digital asset firm, has made history by becoming the first recipient of a license under Hong Kong’s newly established crypto regulatory framework. The license legalizes the retail trading of tokens in the city. Theโฆ

With agreements for tokenization, Hong Kong is extending its financial cooperation with the Kingdom of Saudi Arabia.