Hong Kong

Hong Kong is a significant hub in the global cryptocurrency landscape, home to numerous blockchain companies, crypto exchanges, and enthusiasts. The region boasts a robust regulatory framework, fostering a conducive environment for crypto-related activities. Renowned crypto exchanges like Bitfinex and OKEx are headquartered here, facilitating vast daily trading volumes. Hong Kong's blockchain networks are advanced, supporting various protocols and fostering innovation in the crypto space. The region's crypto community is diverse, involving investors, traders, developers, and blockchain startups. Despite its traditional finance background, Hong Kong has embraced the digital asset revolution, positioning itself as a leading player in the crypto world.


Policy

Hong Kong to Require Stablecoin Licensing as Early as This Year

Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said.

Hong Kong regulator pushes for tougher crypto regulations. (Chester Ho/Unsplash)

Videos

US and Asia’s Approach to Crypto

While sentiment toward crypto may be souring among U.S. regulators and lawmakers, Asia is revising policies to welcome crypto. CoinDesk Executive Director of Global Content Emily Parker discusses the difference in the U.S. and Asia's approach to crypto regulation, citing the implosion of FTX and stablecoin legislations. Plus, what can be learned from regulatory frameworks in Singapore, Hong Kong and Japan. And, insights on FTX users in China.

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Consensus Magazine

What You Need to Know About Crypto Regulation in Hong Kong, Singapore, Japan

Asia’s biggest financial centers seem eager to encourage the growth of the crypto industry while protecting consumers and preventing contagion if things go wrong.

Hong Kong (Shutterstock)

Videos

Bitzlato Founder Arrested, US Department of Justice Says

The U.S. Justice Department and Treasury Department have targeted Bitzlato Limited, a Hong Kong-registered cryptocurrency exchange, with accusations of money laundering. According to the Department of Justice, Bitzlato founder Anatoly Legkodymov was arrested in Miami and is slated to be arraigned in the U.S. District Court for the Southern District of Florida on Wednesday afternoon.

Recent Videos

Finance

Fidelity International-Backed Exchange OSL Cuts Workers Amid Crypto Winter: Bloomberg

Hugh Madden, CEO of OSL's parent company, cited current market conditions.

(CoinDesk)

Policy

Hong Kong to Propose Approved Set of Crypto Tokens for Retail Trading: Reuters

The CEO of the Hong Kong's securities regulator said only "highly liquid" assets will be on the list.

Hong Kong (Shutterstock)

Policy

Hong Kong’s Finance Regulator Calls for 'a More Solid Footing' for Crypto

After crypto firms have left the city, the regulator says it’s now moving with the market and industry.

Christopher Hui speaking at 2022 Hong Kong FinTech Week. (Information Services Department of HKSAR)

Finance

Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging

Newly named Metalpha has its work cut out for it, hedging an uncertain market for institutional clients.

(DALL-E/CoinDesk)

Videos

Blockchain Education in Hong Kong Universities

Host Joel Flynn discusses Hong Kong universities leading the way on developing talent for the future of Web3. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Recent Videos

Finance

Hong Kong's New Bitcoin and Ether Futures ETFs Raise $79 Million in Trading Debut

The Hong Kong Stock Exchange now has its first two cryptocurrency funds.

Hong Kong, China Cityscape (Unsplash)