Hong Kong – Dec LM

First Digital Trust Files Defamation Claim Against Justin Sun

Justin Sun's allegations that Hong Kong-based custodian First Digital Trust is insolvent have landed him in the cross-hairs of a defamation claim initiated by the company. First Digital's FDUSD...

Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations

HONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, and First Digital Trust (FDT), a Hong...

Here’s How Mainland China Allows Chinese Traders Access to BTC

Beijing isn't going to allow crypto exchanges to directly operate BTC in China, but there might be a way that Hong Kong crypto ETFs can be traded in the...

Layer 1 Flare and Red Date Technology Set to Trial Stablecoin Buying for Chinese Nationals in Hong Kong

The Hong Kong-based trials will allow for registration on a regulated stablecoin app and the purchase of tokenized financial products.

Hong Kong SFC to Establish ‘Consultative Panel’ for Licensed Crypto Exchanges

Yip said the panel will include representatives from each licensed exchange and would build community transparency and shared responsibility among licensees.

Hong Kong’s Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report

For the moment, only bitcoin and ether can be traded, while the company works on "expanding our crypto offerings in the near future."

Standard Chartered, Animoca, and Three Others Join HKMA’s Stablecoin Sandbox as Participants

On Wednesday, Hong Kong's central bank also said that it planned to present a bill on fiat-referenced stablecoins to the Legislative Council later this year.

Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends

Hong Kong authorities plan to introduce a bill into the Legislative Council before the year-end.

Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms

Hong Kong's push to be seen as a major crypto hub could come under scrutiny if several or some of the 18 applicants for a license don't move past...