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Hong Kong Legislator Proposes Bitcoin Integration into City’s Fiscal Reserves

Jack30/12/2024

by Jack30/12/20240

In an unexpected yet progressive move, Hong Kong legislator Wu Jiezhuang recently proposed integrating Bitcoin (BTC) into the city’s fiscal reserves. He suggested that the...

Guest Post

Hong Kong Rolls Out Crypto Tax Exemptions

Jack03/12/2024

by Jack03/12/20240

As the crypto space becomes even more prominent globally, we’re seeing more deliberate attention being paid to taxation and how these assets are treated by...

Blockchain

Hong Kong’s Cyberport Fuels Web3 Growth as China Seeks Global

Jack28/11/2024

by Jack28/11/20240

In just two decades since its inception, Hong Kong’s Cyberport has achieved remarkable growth and has become the key driver of the government’s Web3 initiatives....

Crypto Scams

Hong Kong Police Arrest 27 in $360 Million Romance Scam

Jack18/10/202419/10/2024

by Jack18/10/202419/10/20240

Key Points: Hong Kong police arrest 27 suspects involved in a $46.3 million cryptocurrency scam. The scam operated via online romance fraud, targeting victims in...

Press Release

Polkadot Enhances Decentralization in Ecosystem Growth With the Launch of PolkaPort East in Hong Kong

wire chain05/06/2024

by wire chain05/06/20240

HK, HK, 5th June 2024, Chainwire...

Crypto Cryptocurrency News General News News

HKVAEX to Close Operations After Withdrawing License Application in Hong Kong

Mridul Srivastava30/03/2024

by Mridul Srivastava30/03/20240

HKVAEX, a cryptocurrency exchange based in Hong Kong and rumored to have ties with the global crypto platform Binance, has decided to withdraw its application...

Crypto Cryptocurrency News General News News

Bybit Marked as Suspicious by Hong Kong Regulator Amid License Bid

Mridul Srivastava15/03/2024

by Mridul Srivastava15/03/20240

Hong Kong’s financial watchdog has labeled the cryptocurrency exchange Bybit as “suspicious.” This comes even as Bybit’s local branch, Spark Fintech, has applied for a...

Crypto Cryptocurrency News General News News

Hong Kong Launches Sandbox for New Stablecoin Ventures

Mridul Srivastava14/03/2024

by Mridul Srivastava14/03/20240

The Hong Kong Monetary Authority (HKMA) took a significant step on March 12 by initiating the stablecoin issuer sandbox arrangement. This innovative platform is crafted...

Press Release

Conflux Network introduces AxHKD, Hong Kong Dollar-Backed Stablecoin

wire chain08/03/2024

by wire chain08/03/20240

Toronto, Canada, March 8th, 2024, Chainwire Conflux Network, the only regulatory compliant public blockchain in China, today announces its pivotal role in assisting the successful...

Bitcoin News Crypto Cryptocurrency News

Hong Kong Regulators Tighten Crypto Policies Post JPEX Scandal

Shivi Verma21/10/202321/10/2023

by Shivi Verma21/10/202321/10/20230

Hong Kong’s regulators, in response to the JPEX crypto exchange scandal, are tightening crypto policies, restricting retail investors from certain virtual asset-related products. **Key Takeaways**...