Harvest Fund Files Spot Bitcoin ETF Application in Hong Kong
The Securities and Futures Commission has received a spot Bitcoin exchange-traded fund (ETF) application from Harvest Fund Management’s Hong Kong division. According to a Tencent News article, Harvest Fund Hong Kong has applied for a spot Bitcoin ETF with the Hong Kong Securities Regulatory Commission (SFC) since the local government has indicated that it is […]
Hong Kong to Reportedly Debut Spot Crypto ETFs by Mid-Year
The first spot exchange-traded funds (ETFs) could be introduced in Hong Kong as early as the middle of this year. According to local media, the government may soon introduce exchange-traded funds, citing comments made by Gary Tiu , chief executive and head of regulatory relations at OSL, a cryptocurrency exchange permitted in Hong Kong. Thanks […]
Hong Kong Firm VSFG Aims for Spot Bitcoin ETF Launch in Q1
Venture Smart Financial Holdings Limited, a financial services firm based in Hong Kong, is set to introduce its spot Bitcoin exchange-traded fund (ETF) in the city in Q1. Brian Chan, the group head of investment and product at Venture Smart Financial , shared in an interview with Bloomberg that the company aims to accumulate up […]
HashKey Raises New Funding Round at $1Billion Valuation
HashKey Group, which is active in trading, venture capital, and asset management, supports Hong Kong’s push to become a crypto hub. Recently, HashKey Group, headquartered in Hong Kong, raised close to $100 million in funding. Having accomplished this, the organization has attained the esteemed “unicorn” status, signifying a valuation that exceeds $1 billion. Furthermore, HashKey […]
HSBC to Advance Digital Currency, CBDC Pilots in Hong Kong
The multinational HSBC bank’s Hong Kong branch plans to keep collaborating with the government on projects, including using digital currencies for cross-border payments. HSBC Hong Kong is pushing forward with implementing digital currencies for cross-border payments in collaboration with local authorities. In an interview with the South China Morning Post, HSBC HK CEO Luanne Lim […]