Hong

Hong Kong politician Johnny Ng expressed interest in the concept of a national Bitcoin reserve, following Trump’s Bitcoin 2024 keynote speech — which included a plan for a U.S. Bitcoin reserve. In a post on X today, July 28, Ng, a…

ETFSwap (ETFS) emerged as the premier ETF trading platform in 2024 after gaining favorable reviews from Web3 users. Amidst this recent breakthrough by the ETF trading platform, Hong Kong’s top finance officials have expressed…

The Hong Kong Securities and Futures Commission has granted initial approval to 11 cryptocurrency exchanges to continue operating in the city, in the first step towards granting the first virtual asset trading platform (VATP) licences…

Hong Kong's securities regulator said 11 cryptocurrency exchanges are a step closer to obtaining licences, one year after rolling out a digital-asset rulebook to try and foster a hub for the industry.Applicants including Crypto.com and…

Hong Kong has taken a hard stance against unlicensed cryptocurrency exchanges, issuing a directive for immediate shutdowns. The Securities and Futures Commission (SFC) of Hong Kong has disclosed that eleven platforms, including HKbitEX,…

Abrupt departure of Hong Kong exchanges underscores challenges of getting licenced.The development raises fresh questions about the city's plan to be a crypto hub.But the exodus may be good news.A couple of days after my arrival in Hong…

Hong Kong-based cryptocurrency exchange Gate.HK has shut down after failing to meet the upcoming local licensing requirements set to take effect on June 1. The Hong Kong Securities and Futures Commission (SFC) mandated that all…

In compliance with regulatory requirements, OKX said that it would discontinue its centralized cryptocurrency trading services for residents of Hong Kong starting May 31, 2024. OKX attributed the decision to…

Two prominent global exchanges’ subsidiaries — Gate.io and OKX — have withdrawn their applications for an operational license in Hong Kong in the last two days.This decision reflects a broader trend, as eight firms—including exchanges…

Gate Digital Ltd (Gate HK) announced it is winding down operations and has withdrawn its application for a crypto trading platform license in Hong Kong. The subsidiary of crypto exchange Gate.io applied last year for a virtual asset…