Places Hong Kong

Hong Kong banks are wary of the regulatory blowback in case their crypto clients are found to be involved in money laundering.

Hong Kong lawmaker John Ng revealed he has contacted Coinbase about expanding to the region amid its regulatory issues in the U.S.

Hong Kong is emerging as a potential progressive hub for crypto regulation and Web3 innovation.

Lawmaker Wu Jiezhuang presented an ambitious Web3 vision, but one hindered by a shortage of skilled talent.

The company is establishing a new exchange called "BitHK" for Hong Kong users.

Amid a shortage of responsible officers (RO), the SFC has revised its requirements so that exchanges now need 2 ROs instead of 4.

Hong Kong's securities watchdog warns that licensed platforms cannot provide interest-bearing or lending services to customers.

According to the Hong Kong Police, reported cases of this type of online fraud increased by 92% in 2022 compared to the previous year.

Bitget said it would no longer provide services for Hong Kong users because of the new regulatory demands.

Hong Kong virtual bank ZA Bank said it provide crypto and fiat currency transfers and account services for virtual asset service providers.

Hong Kong has made several recent pro-crypto moves that have attracted more crypto-related firms to the region.

Licenses will be issued under Hong Kong's new crypto licensing regime, composed to support crypto firms looking to set up shop in the city.

The Hong Kong authorities said they were working on establishing a licensing regime for virtual asset service providers by June 2023.

Will Hong Kong follow Japan’s lead in allowing retail investors to trade cryptocurrencies in a regulated environment?

Sun disclosed actively working with regulators to form an appropriate framework and is certain of Huobi being granted a license to operate in the region.

The Hong Kong government acknowledges the importance of Web3 with plans to develop the concept via its Cyberport hub.

SFC Chair Julia Leung said the proposed requirements protect investors — following the 'same business, same risks, same rules' principles.

Paul Chain said the successful issuance of the green bonds marks the government's commitment to promoting innovation in the financial market.