Hong Kong
Hong Kong insurers hit with 100% capital requirement on direct crypto bets
The first Asian framework allowing insurers to retain cryptocurrency under a 100% risk charge is being drafted by Hong Kong’s insurance regulator, while stablecoins follow capital regulations based on fiat.…
Hong Kong Strengthens Crypto Framework with Fresh Regulatory Measures
Hong Kong’s second significant digital asset policy was released, reaffirming its intention to dominate the global cryptocurrency market. The Securities and Futures Commission will oversee the new framework, which will…
11 Hong Kong Crypto Exchange Applicants Confront Uncertainty Following Inspections.
Following their first provisional authorisation, 11 bitcoin exchanges based in Hong Kong are currently subject to heightened regulatory scrutiny. According to Bloomberg, which cited people familiar with the matter, the…
Farside Investors Witness $39M Outflows from Hong Kong Bitcoin and Ether ETFs on Monday.
Following bitcoin’s decline below $61,000 on Friday, there were significant withdrawals from both the Hong Kong-listed spot bitcoin and the ether exchange-traded funds (ETFs) on Monday. According to statistics from…
Bitcoin’s Price Seeks Rebound Following Week of Decline as Mainland China Eyes Entry into Hong Kong’s BTC ETF Market.
The price of bitcoin (BTC) is expected to slow throughout longer intervals, but it will rise dramatically during shorter times. The forerunner cryptocurrency is demonstrating strength, and traders are finding…
Singapore’s recent crypto decision may open up opportunities for rivals.
Singapore’s latest proposal on retail cryptocurrency trading may open the door for other competitors to overtake it as the industry leader. The nation has suggested outlawing retail investors who borrowed…
Hong Kong Rebounds, Planned Legalization Of Crypto Trading.
As part of a larger initiative to restore Hong Kong’s status as a financial center, the city has planned to start talking about legalizing cryptocurrency trading by private investors with…
Hong Kong to Lift Ban on Retail Crypto Trading to Boost Economic Growth.
Hong Kong officials are looking at lifting the ban on retail crypto trading in an effort to bolster economic growth through the digital asset sector. The Financial Services and the…
Hong Kong to Legalize Crypto Investments.
Retail investors may be welcomed back to trading thanks to a new cryptocurrency scheme in Hong Kong, but it raises concerns about China’s influence. After losing business to rival Singapore…
Market at a glance
BTC$81,978 +2.0%
ETH$2,458 +4.9%
SOL$105.69 +3.9%- Fear & Greed63 Greed
Crypto news on Telegram
New stories as they go live, plus a short market brief every morning at 09:00.
