Hong Kong Tops Crypto-Ready Region Again
Hong Kong again topped the Crypto Readiness Report for 2023 with a Crypto Readiness Score (CRS) of 8.36. This rating has been led by Hong Kong for two years. The report, which evaluated several factors, including cryptocurrency infrastructure, accessibility, and legal support, disclosed that Hong Kong faced formidable competition from other leading nations. Switzerland notably […]
OKX Approaches the Last Licensing Phase in Hong Kong for 2024
Jimmy Lai, the Commercial Director of OKX Global, revealed that the OKX Group is in the final phases of applying for a license in Hong Kong, with official approval anticipated between March and June of the following year. This notable advancement in cryptocurrency exchange represents a crucial stride in expanding their regional activities. OKX Group’s […]
HashKey Crypto Exchange Anticipates Bull Run in 2024, 2025
HashKey, the first licensed retail crypto exchange to launch in Hong Kong, anticipates a major bull market for cryptocurrencies between 2024 and 2025 with the growth of the Web3 industry and prepares to meet up with the change. HashKey launched its retail trading services to users in China’s special administrative region on August 28. This […]
HashKey Exchange Receives Retail Crypto Trading License in Hong Kong
After receiving regulatory approval, HashKey Exchange becomes the first to offer retail cryptocurrency trading services for non-professional investors in Hong Kong. HashKey, a local digital asset company, has obtained all necessary licenses to expand its business, from serving professional investors to retail customers. Upgrades to two essential licenses issued by Hong Kong’s Securities and Futures […]
Ripple, Fubon Bank Partner for Hong Kong CBDC Pilot Program
Ripple revealed it would collaborate with Fubon Bank in Hong Kong to explore real estate asset tokenization using the e-HKD. Xu Luosheng, executive vice president and chief strategy officer of Fubon Bank Hong Kong, announced that the bank would launch a pilot program that would concentrate on client refund requests. The trial will use Ripple’s […]