Hong Kong-Listed Bitcoin ETFs Could Unlock Upto $25B in Demand, Crypto Firm Says
Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.
Hong Kong
Hong Kong’s Markets Regulator Issues Warning Against Crypto Exchange Bybit
The Securities and Futures Commission added 11 Bybit products to its list of suspicious investments.
Hong Kong’s Central Bank Starts Regulatory Sandbox for Stablecoin Issuers
The regulator invited applicants with a “genuine interest in developing a stablecoin issuance business” to join the sandbox.
CoinDesk Brings Consensus to Hong Kong
The announcement comes as Hong Kong works to brand itself as Asia’s digital assets trading hub.
Hong Kong’s Markets Regulator Issues Warning Against Crypto Exchange BitForex
On Feb. 23., BitForex went offline after $57 million was reportedly withdrawn from the exchange’s hot wallets.
Hong Kong Gets Spot-Bitcoin ETF Application, Stablecoin Interest From China’s Harvest Global: Reports
Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.
Bitcoin Unphased by China’s Stimulus Plan
Hong Kong’s Hang Seng Index and the CSI 300 both responded to Beijing’s plan to reboot China’s domestic stock market, but bitcoin remains in the red.
Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.
Sora’s First Summit Brought Sam Bankman-Fried to Hong Kong. Now, They’ve Got Their Eyes on Taipei.
Jason Fang and Sora Ventures have opened up shop with a marquee office in Taipei 101, and want to revolutionize science with the bitcoin blockchain.
Swiss Crypto Bank SEBA Wins Hong Kong License
The bank’s Hong Kong unit can now deal in and distribute securities, including products related to virtual assets related.