Hong Kong securities regulator warns of digital currency investment risks
The Securities and Futures Commission would establish a new Suspected Unauthorized CIS Alert List to document investment arrangements recognized by the regulators.
Latest Hong Kong News
Binance halts derivatives trading in Hong Kong following regulatory warnings
Binance has shut down derivatives trading for its users in Hong Kong, just a week after taking similar measures in three European countries.
Former Bithumb chair indicted in South Korea amid claims of fraud, false promises
Prosecutors in Seoul have indicted former chairman of Bithumb Holdings Lee Jung-hoon on fraud charges, while a former partner involved with plans to set up a subsidiary exchange in Thailand is suing Bithumb's HK entities.
Hong Kong to study retail CBDC as it links China’s digital yuan to domestic payments
While announcing a roadmap that seeks to strengthen the region’s fintech sector, the HKMA revealed it has been collaborating with local and global bodies in its CBDC research.
Hong Kong authorities seize allegedly smuggled 300 Nvidia BTC mining GPUs
The authorities collectively seized the allegedly smuggled goods worth $3.8 million in the waters off the Hong Kong International Airport.
China joins Hong Kong and Thailand in CBDC research project
China and the United Arab Emirates have joined a research initiative that studies the feasibility of a central bank digital currency.
BC Technology Group raises $90 million in fresh stock offer
The Hong Kong based group, which runs cryptocurrency exchange OSL, issued 45 million shares at HK$15.50, raising a total of HK$697 million—roughly equivalent to $90 million.
BC Technology Group confirms $90 million funding for digital asset expansion
BC Technology Group, which owns and operates OSL, is hoping to raise the funding at a time of significant growth in demand for digital assets in local and regional markets.
Institutional investment broker OSL receives digital asset trading license from HK regulator
OSL does not provide services to retail investors, with its clientele restricted to institutions, high net worth individuals (over US$1 million and above) and family offices.
China and Hong Kong working on digital yuan cross-border payments
Hong Kong’s central bank has been working with China’s digital currency institute to trial the use of the digital yuan on cross-border payments.
Hong Kong exchange founder in police custody over alleged bank fraud
The founder of CEO Global digital currency exchange has reportedly been missing for 15 days, leading to a suspension of withdrawals.
Hong Kong regulator wants all digital currency exchanges regulated
The Securities and Futures Commission expects the shift in regulations to fix a loophole that its previous regulatory structure had presented.