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Hong Kong issues dual-track policy for AI adoption in finance
28.10.2024
Hong Kong’s FSTB has unveiled a balanced AI policy approach for finance while the SFC preps new crypto OTC regulations
Hong Kong issues dual-track policy for AI adoption in finance
28.10.2024
Hong Kong’s FSTB has unveiled a balanced AI policy approach for finance while the SFC preps new crypto OTC regulations
Man Vanishes With Woman’s Crypto, Prompting Police Investigation in Hong Kong
27.10.2024
A Hong Kong woman lost $12K in a crypto exchange scam after waiting hours for a promised cash handoff that never arrived. Hong Kong Woman Scammed in Crypto Exchange Scheme Hong Kong authorities are investigating a cryptocurrency scam reported by a woman at an exchange shop in Mong Kok on Saturday...
Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
25.10.2024
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that these countries have crafted clear frameworks that...
Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director
23.10.2024
The business plan for WBTC is to increase the outstanding amount by five to 10 times what is now, just under $10 billion – using a geographically diversified custodial setup that might be more appealing to buyers outside the U.S
Hong Kong’s Fraud Empire Collapses: How Triads, AI, and Fake Love Fuel Massive Crypto Heist
19.10.2024
Hong Kong police have dismantled a notorious fraud syndicate responsible for defrauding victims of HK$360 million using romance scams tied to fake cryptocurrency platforms. Arresting 27 individuals, some linked to triads, they revealed the sophisticated use of deepfake technology and digital media...
Hong Kong cops clean out alleged $46M deepfake crypto scam
17.10.2024
Hong Kong police arrested 27 people it accused of running an AI deepfake crypto scam operation from a 4,000-square-foot industrial building in the region
Hong Kong Chief Executive’s 2024 Policy Address Mentions Multiple Virtual Assets
17.10.2024
Hong Kong has introduced its Chief Executive’s 2024 Policy Address which not only mentioned a number of virtual…
Hong Kong picks digital tokens to revolutionize its financial sector
16.10.2024
The Hong Kong financial sector is fully sold on streamlining traditional assets through the use of digital tokens.…
Hong Kong Police Bust Group Running $46M Crypto Investment Scam Using Deepfakes
16.10.2024
A total of 27 people between the ages of 21 and 34 were taken into custody suspected of conspiracy to defraud following a raid on a Hong Kong office
Hong Kong Busts Crypto Fraud Group Involving Students, Defrauding Victims of HK$360M
15.10.2024
Hong Kong police busted a local crypto fraud group and arrested 27 people, involving students for defrauding victims…
Hong Kong Traders Fair 2024: Insights and Networking with Global Experts
14.10.2024
The Hong Kong Traders Fair 2024 is scheduled for 14 December at Crowne Plaza Hong Kong, bringing together…
Crypto Biz: Tether’s 10 years with meteoric growth, ties to US, European hurdles
11.10.2024
Tether has achieved its first 10 years with a considerable jump in its user base, a closer relationship with US authorities and fresh regulatory challenges in Europe.
Hong Kong Completes the First Phase of Crypto Trading Platforms Review
8.10.2024
Hong Kong is quickly advancing towards a crypto-friendly environment as it completes the first phase of crypto trading…
Hong Kong Gearing up to Approve More Cryptocurrency Exchange Licenses by Year End: SFC
8.10.2024
HKVAX is the latest exchange to receive approval
Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval
8.10.2024
Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi. She also noted that 11 more crypto platforms are in the process of applying for licenses, with the first...
Hong Kong to license more crypto exchanges by end of year
8.10.2024
Hong Kong’s Securities and Futures Commission expects to issue licenses to some of the 11 crypto firms pending registration in the region.
11 of Hong Kong’s Crypto Platforms to Get Licenses Before 2024 Ends
7.10.2024
Hong Kong is stepping up its crypto game, and to level up it further 11 of Hong Kong’s…
Hong Kong makes HKVAX third licensed retail crypto exchange
4.10.2024
HKVAX is the first to be licensed under the region’s new licensing regime, as 16 more exchanges wait
Hong Kong Arrests 25 in HK$7M Crypto Money Laundering Case
27.9.2024
Hong Kong police have cracked down on a crypto laundering group and have arrested 25 people for executing…