Hong Kong

Hong Kong’s new spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded over HK$87.58 million ($11.2 million) in trading volume on their first trading day. In contrast, the United States spot BTC ETFs recorded a staggering $4.6 billion in trading volumes on the very first day. On April 30, Hong Kong Exchanges and Clearing […]

The highly anticipated spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have been launched on the Hong Kong Stock Exchange today. Earlier this month, the Hong Kong Securities and Futures Commission (SFC) approved spot BTC and ETH ETFs managed by China Asset Management, Bosera, and Harvest.  Speaking to Bloomberg TV, Yimei Li, China Asset […]

Bitcoin and Ethereum exchange-traded funds (ETFs) are on the horizon in Hong Kong, set to debut by the end of April, as Hong Kong intensifies its focus on cryptocurrencies. In an interview with Bloomberg, a spokesperson for HashKey, an Asian crypto group, said that the firm’s Bosera-HashKey Capital spot products are set to begin trading […]

In a significant development for Hong Kong’s crypto market, the Securities and Futures Commission (SFC) has given the green light to several spot Bitcoin and Ethereum exchange-traded funds (ETFs). This decision marks a milestone in the region’s crypto landscape, paving the way for greater accessibility and legitimacy in digital asset investments. On Monday during the […]

In a significant development for the cryptocurrency market, Hong Kong is on the verge of approving a spot Bitcoin exchange-traded fund (ETF), marking a milestone in the convergence of traditional finance and digital assets. Hong Kong’s Matrixport, a provider of cryptocurrency services in Singapore, indicated that Hong Kong authorities’ prospective approval of Bitcoin Spot ETF […]

As early as Monday, Hong Kong is set to greenlight the launch of new exchange-traded funds (ETFs) that will directly invest in Bitcoin and Ether. This major development involves key financial players, such as an international branch of China’s Harvest Fund Management Co. and a partnership between Bosera Asset Management (International) Co. and HashKey Capital. […]

ZA Bank, a digital bank in Hong Kong, is in talks with potential stablecoin issuers about opening accounts to hold the cash reserves backing these cryptocurrency tokens. This development was reported by Bloomberg, citing Devon Sin, the General Manager of Business Banking and lending at ZA Bank. Sin evidenced that the company handles five to […]

HKVAEX,  linked to the world’s largest crypto exchange Binance, which goes by its company name, BX Services Ltd, has withdrawn its virtual asset trading platform license application. The SFC website now lists BX Services Ltd among the companies whose license applications have been returned, refused, or withdrawn in Hong Kong. On Thursday, March 28, this […]

The Securities and Futures Commission (SFC) of Hong Kong issued a public warning on March 4 about fraudulent websites executing as licensed crypto exchanges. A notice highlighted that multiple websites mimic the appearance and branding of Hash Blockchain Limited and OSL Digital Securities Limited to deceive users. Hash and OSL are the only two exchanges with […]