Kong – Dec LM

Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF

In January, Harvest Küresel Investments, a major asset-management company in China, purportedly became the first to apply for a spot-bitcoin exchange-traded fund (ETF) with the SFC.

Bitget’s Hong Kong Unit Halts Operations, Won’t Apply for Crypto License

BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13.

UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg

The news comes a day after HSBC, one of the world's largest banks, said it plans to start a digital-assets custody service for institutional clients.

Hong Kong Will Allow Some Tokenized Securities-Related Activities

The move appears to be another step in Hong Kong's recently accelerated ambitions to become a virtual asset hub.

JPEX Drama Shows Need for Crypto Regime, Hong Kong Leader Says

The territory’s leader urged investors to use licensed platforms and promised more education about crypto risks.