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.


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HSBC Brings Tokenized Gold to Hong Kong; Munchables Exploited for $62M

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as HSBC brings its tokenized gold product to Hong Kong, claiming bragging rights for being the first bank to create a blockchain-based real-world asset aimed at retail investors. Plus, Fetch.ai, SingularityNET, and Ocean Protocol agreed to combine their crypto tokens into one, and Web3 project Munchables was drained of an estimated $62.5 million worth of ether.

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Politiche

Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF

In January, Harvest Global Investments, a major asset-management company in China, purportedly became the first to apply for a spot-bitcoin exchange-traded fund (ETF) with the SFC.

Hong Kong harbor skyline view into Kowloon

Finanza

Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg

Allowing in-kind creations and redemptions for spot bitcoin ETFs in Hong Kong could bring a significant amount of money into the space from Chinese investors.

Hong Kong (Ruslan Bardash / Unsplash)

Politiche

Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License

Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.

Hong Kong harbor skyline view into Kowloon

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Next Up: BTC ETFs Go Global

CryptoQuant Head of Research Julio Moreno joins "First Mover" to discuss the success of spot bitcoin ETFs in the U.S. and the potential impact of the products on other parts of the world. Plus, why Hong Kong is ahead in the race for a spot ether ETF approval due to the clear regulatory guidelines in the region.

Spot Bitcoin ETF Update

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Central Banks Will Be the 'Last to Join the Party' of Buying Bitcoin, Analyst Says

CryptoQuant Head of Research Julio Moreno answers five rapid-fire questions from CoinDesk, including the next region to approve spot bitcoin ETFs, and when the central banks will likely start buying bitcoin.

Recent Videos

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Will Another Region Approve Spot Ether ETFs Before the U.S.?

CryptoQuant Head of Research Julio Moreno weighs in on the possibility of Hong Kong approving spot ether ETFs before the U.S. as the region is equipped with a clearer regulatory framework.

Spot Bitcoin ETF Update

Politiche

Hong Kong's Markets Regulator Issues Warning Against Crypto Exchange Bybit

The Securities and Futures Commission added 11 Bybit products to its list of suspicious investments.

Hong Kong harbor skyline view into Kowloon

Politiche

Hong Kong Starts New Phase of CBDC Testing

Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.

Hong Kong harbor skyline view into Kowloon

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El Salvador Bags Major Bitcoin Gains; Hong Kong's Stablecoin Push

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including El Salvador's major gains from the recent bitcoin (BTC) rally. The Central American nation is sitting on $84 million in unrealized profit on the holdings it first started acquiring in September 2021. Plus, the Binance saga continues in Nigeria, and Hong Kong starts a regulatory sandbox for potential stablecoin issuers.

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