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Hong Kong

Hong Kong financial services firms gearing up to secure licenses from SFC
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4 January, 2023

Hong Kong financial services firms gearing up to secure licenses from SFC

The application for the new licensing requirement is expected to start on June 1, but the Securities and Futures Commission...
2 AAX executives arrested in Hong Kong over alleged fraud amid withdrawal freeze
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28 December, 2022

2 AAX executives arrested in Hong Kong over alleged fraud amid withdrawal freeze

Police in Hong Kong suspect that the AAX's scheduled "system maintenance" that led to funds being unable to be withdrawn...
Hong Kong’s securities watchdog warns of losses from digital asset saving and deposit products
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20 December, 2022

Hong Kong’s securities watchdog warns of losses from digital asset saving and deposit products

The Securities and Futures Commission clarified that it doesn’t regulate the industry and urged caution from investors, reminding them they...
Hong Kong’s new bill introduces first-ever VASP licensing regime
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13 December, 2022

Hong Kong’s new bill introduces first-ever VASP licensing regime

Hong Kong’s lawmakers passed an amendment to the city’s AML laws that takes effect on July 1, bringing VASPs under...
Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion
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9 December, 2022

Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion

Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...
Thailand’s Bitkub exchange considers listing in Hong Kong as it plans to go public by 2024: report
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25 November, 2022

Thailand’s Bitkub exchange considers listing in Hong Kong as it plans to go public by 2024: report

Bitkub CEO Jirayut Srupsrisopa reveals that part of the allure of Hong Kong is the presence of a crystal clear...
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