Hong Kong Crypto Scandal Investigation Sparks Controversy
Hong Kong is embroiled in a crypto controversy concentrated on an investigation into the activities of the cryptocurrency trading platform JPEX. Not only have arrests resulted from the situation, but it has also raised questions about the efficacy of the city’s regulatory framework for digital assets. Chief Executive John Lee verified that Hong Kong’s police […]
HKSI to Train Crypto Traders Amid Regulatory Changes
The Hong Kong Securities and Investment Institute (HKSI) is gearing up to provide training programs for virtual asset traders as Hong Kong positions itself as a digital hub amid increased global regulatory scrutiny on online assets. The HKSI, supported by the local regulator Securities and Futures Commission (SFC), will offer training and licensing exams for […]
MaiCapital receives approval from SFC Hong Kong to manage virtual asset
MaiCapital has received a license from the Securities and Futures Commission (SFC) in Hong Kong to give the virtual assets manager the power to manage portfolios containing up to 100 percent virtual assets. MaiCapital had been operating under the Type 4 and Type 9 licenses from the SFC since 2018. The licenses permitted MaiCapital to […]
Huobi reportedly plans crypto ETF launch in Hong Kong
Huobi technologies a subsidiary of Huobi Global is proposing to develop an exchange-traded fund (ETF) that will track popular cryptocurrencies in Hong Kong. Huobi has written to the Securities and Futures Commission (SFC) in Hong Kong , stating that the ETF will be structured in such a way that it will be accessible to retail […]
Hong Kong’s SFC proposes tighter regulations of crypto trading
Hong Kong’s Securities and Futures Commission (SFC) believes that crypto trading require extra supervision especially in the area of unlicensed trading. A top official with Hong Kong’s Securities and Futures Commission believes that more has to be done to combat cryptocurrency fraud, hinting at future guidelines on digital asset trading in the special administrative region. […]