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 Regulator Gives Crypto Exchange OSL Tentative Licensure Approval

OSL Digital Securities was the first crypto exchange to apply for the SFC's opt-in license last November.

Hong Kong

Policy

Hong Kong Citizens Turn to Stablecoins to Resist National Security Law

Hong Kong's national security law enables the government to seize and confiscate assets if one commits a "political crime." Some local citizens are turning to stablecoins for protection, while exploring other decentralized technology to resist censorship.

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Policy

Hong Kong’s National Security Law Could Threaten Local Crypto Brokerages

The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy.

Major Hong Kong-based crypto companies will face new challenges in settling cross-border transactions if U.S. sanctions in response to the national security law restrict or ban their access to the U.S. dollar system. (Jimmy Siu/Shutterstock)

Markets

The Tokenization Revolution Starts With Gold

Gold is a traditional safe harbor in a crisis and the blockchain-based version is a good way to start taking advantage of tokenization.

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Markets

Blockchain Firms Flocked to Hong Kong in 2019: Report

Blockchain firms led the charge of fintech companies that relocated to Hong Kong in 2019.

Hong Kong's Cyberport business park is part of a wider effort to woo tech firms, including those focused on blockchain. (Credit: kylauf / Shutterstock)

Markets

Hong Kong's First Regulator-Approved Bitcoin Fund Targets $100M Raise

Hong Kong's Securities and Futures Commission has approved a bitcoin index fund from Arrano Capital, one aimed solely at institutional investors.

Hong Kong

Policy

With Freedom at Stake, More Hongkongers See Bitcoin's Unique Value

Before the recent protests, explaining bitcoin's value proposition to Hongkongers was tricky, says local resident Leo Weese. Now more people appreciate censorship resistance.

Image via Studio Incendo, Flickr

Policy

Hong Kong to Consider Additional FATF-Style Regulations for Crypto Exchanges

Hong Kong may soon bolster its policing of the cryptocurrency sector to better conform with international anti-money laundering norms.

Hong Kong

Markets

Binance Now Supports Deposits and Withdrawals in Hong-Kong Dollars

The exchange has opened a fiat gateway for Hong Kong dollars, serving a jurisdiction in which banking services for crypto firms are notoriously tough to find.

Hong Kong dollars

Finance

Fidelity International Invests $14M in Hong Kong Crypto Exchange Operator

Fidelity International, a spin-off of the U.S. financial services giant Fidelity Investments, has invested $14 million in Hong Kong-based BC Group, which operates crypto exchange OSL.

Hong Hong dollars. Credit: Shutterstock