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.


Videos

Fantom Token Jumps; Dolce & Gabbana Sued for NFT Deliveries

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Fantom blockchain's FTM token rose 13% in the past week, outperforming the broad market CoinDesk 20 Index. Plus, Hong Kong is expanding the cross-border digital yuan pilot. And, a customer sued Dolce & Gabbana USA for its NFT deliveries, according to a report from Bloomberg.

Recent Videos

Policy

Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.

Hong Kong harbor skyline view into Kowloon

Finance

Huobi Hong Kong Withdraws License Application for the Second Time

HBGL Hong Kong Limited, the entity behind Huobi Hong Kong, first withdrew and then re-submitted its application for a Hong Kong VATP license in February.

Hong Kong (Ruslan Bardash / Unsplash)

Markets

Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors

Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.

Hong Kong harbor skyline view into Kowloon

Videos

Coinbase's Blowout First Quarter; Could Hong Kong ETFs See $1B AUM by 2024 End?

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the blowout first quarter of Coinbase where the crypto exchange reported net income of $1.2 billion. Plus, Kraken's indices provider predicts that spot ETF products in Hong Kong will reach $1 billion in AUM by the end of 2024. And, Jack Dorsey's Block doubles down on bitcoin.

Recent Videos

Markets

Kraken's Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg

CEO Sui Chung sees South Korea and Israel as the next markets to list crypto ETFs.

Hong Kong (Ruslan Bardash / Unsplash)

Markets

Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash

Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.

Bitcoin price in April (CoinDesk)

Videos

Hong Kong Bitcoin and Ether ETFs Have Soft Debut; What Indonesia’s Election Means for Crypto

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Hong Kong’s bitcoin and ether ETFs failed to lift off on their trading debut, coming dramatically under initial expectations. Plus, MicroStrategy (MSTR) doubles down on their bitcoin bag, and what Indonesia’s presidential election could mean for crypto.

Recent Videos

Markets

Bitcoin Slips Under $62K as Hong Kong ETFs Disappoint

Asia's first spot bitcoin and ether ETFs debuted in Hong Kong with dismal trading volumes.

BTC's price. (CoinDesk/TradingView)

Markets

Hong Kong Bitcoin and Ether ETFs Have Soft Debut

The volume of crypto exchange-traded funds came in at just over $11 million.

Hong Kong harbor skyline view into Kowloon