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

Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum

Hong Kong has voiced the most interest in achieving the reality of a bitcoin ETF approval, and that the U.S. approval could move things along faster

Globe, World (Kyle Glenn/Unsplash)

Finance

Hong Kong Crypto Exchange HashKey Becomes Crypto Unicorn After $100M Raise

Operator of licensed Hong Kong exchange says raise will promote compliant, innovative global growth.

Dr Xiao Feng, Chairman & CEO of HashKey Group. (HashKey)

Markets

Bitcoin ETF Looks Very Likely Given These Bureaucratic SEC Steps

We see a 98% chance of approval in the next couple of weeks and the high likelihood of a Bitcoin rally to follow.

(Dan Freeman/Unsplash)

Policy

Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers

The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.

Hong Kong harbor skyline view into Kowloon

Policy

Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say

The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.

Hong Kong harbor skyline view into Kowloon

Videos

How Hong Kong, Singapore and Japan Are Approaching Crypto Regulation

Japan, Singapore and Hong Kong are known for having better legal clarity around digital assets compared to the U.S., but these jurisdictions also have some of the toughest rules in the world. CoinDesk Executive Director of Global Content Emily Parker shares her expert analysis, after returning on a recent trip from Asia.

Recent Videos

Consensus Magazine

Julia Leung: Positioning Hong Kong as a Crypto Hub

A former journalist, Leung is the world’s most powerful female financial regulator in an increasingly important center for crypto.

Julia Leung (Mason Webb/CoinDesk)

Markets

Hong Kong Securities Trade Group Proposes Initial Coin Offering Portal

Hong Kong was once a hub for ICOs until regulators cracked down. But times have changed.

Hong Kong harbor skyline view into Kowloon

Policy

Hong Kong Chief Says Regulators May Get Powers to Crack Down on Unlicensed Crypto Exchanges: Report

The Securities and Futures Commission said it does not have the power to close unlicensed crypto exchanges.

Hong Kong harbor skyline view into Kowloon

Finance

Hong Kong Investment Firm Victory Securities Obtains Retail Crypto Trading License

The publicly traded company joins crypto-native firms HashKey Exchange and OSL Digital Securities with a license.

Hong Kong harbor skyline view into Kowloon