Hong Kong’s Securities and Futures Commission (SFC) has issued licenses to four virtual asset trading platforms (VATPs), marking another step in its …
Hong
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Mining
Bitcoin’s surge sparks 30% hike in mining gear prices as buyers move to Hong Kong
by shayaanby shayaanBitcoin’s recent price surge has driven up mining equipment costs, with Shenzhen’s Huaqiangbei district—a global hub for crypto hardware—seeing a notable 30% …
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Regulation
Hong Kong Officials Announce Major Development for the Cryptocurrency Market to be Announced by the End of the Year
by shayaanby shayaanHong Kong’s Securities and Futures Commission (SFC) will announce the licensing framework for cryptocurrency trading platforms before the end of the year, …
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Smart Contracts
Hong Kong Gaming Firm Boyaa Dumps Ethereum to Add $50 Million to Bitcoin Stash
by shayaanby shayaanGaming company Boyaa Interactive announced Friday that it has exchanged its Ethereum tokens for nearly $50 million in Bitcoin, as the world’s …
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Regulation
Hong Kong Plans To Exempt Hedge Funds, Private Equity Firms and the Super Rich From Paying Crypto Taxes: Report
by shayaanby shayaanHong Kong is reportedly eyeing new tax policies that can help in its push to become a top finance and cryptocurrency hub. …
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Regulation
Hong Kong proposes crypto tax exemptions to rival Singapore as financial hub
by shayaanby shayaanHong Kong is moving to solidify its status as a financial and crypto hub by proposing tax exemptions for hedge funds, private …
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Hong Kong is preparing to exempt investment gains from crypto and other assets for sophisticated investors, aiming to enhance the region’s appeal …
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Smart Contracts
ETH hits 5-month High, Hong Kong set to Cut Crypto Taxes, XT Hacked!
by shayaanby shayaanETH Hits 5-Month High, Hong Kong to Cut Crypto Taxes, XT Hacked! ETH hits 5-month high and leads majors higher. ETH beta …
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Smart Contracts
Hong Kong Stock Exchange launches smart contract-powered settlement platform
by shayaanby shayaanThe Hong Kong Exchanges and Clearing Limited (HKEX) plans to release Synapse, its acceleration platform powered by DAML smart contracts, from October …
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Regulation
Hong Kong’s HKMA warns against overseas crypto firms posing as banks
by shayaanby shayaanThe Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims …