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Hong Kong Police Warn of Spike in Counterfeit Banknotes Used in Cryptocurrency Scams
3.6.2024
Hong Kong police have issued a warning over the rise in counterfeit banknotes, with many cases linked to cryptocurrency scams. Between January and April, authorities seized 3,396 fake notes valued at HK$2.55 million (US$326,130), a significant increase from last year’s 553 notes worth...
Hong Kong Reveals 17 Crypto Trading Platform Applicants as New Regulations Take Effect
3.6.2024
Hong Kong’s Securities and Futures Commission (SFC) has published a list of two licensed crypto trading platforms and 17 pending applicants under the new regulations that went into effect on June 1. The financial regulator stresses that operating without a license is a criminal offense and commits...
Bybit Affiliate Withdraws Hong Kong VASP Application Months After Regulator Issued License Warning
1.6.2024
The Singaporean crypto exchange Bybit’s affiliate Spark Fintech Limited, has abandoned its pursuit of an operating license in Hong Kong. The affiliate withdrew its virtual asset trading platform application on May 31, exactly four months after submitting it. The decision followed the Hong...
Hong Kong officially kicks out all unlicensed crypto exchanges
31.5.2024
This regulatory crackdown underscores the SFC's commitment to fostering a secure and transparent environment for virtual asset trading
Mt Gox not dumping Bitcoin just yet, Hong Kong boots out crypto exchanges: Asia Express
31.5.2024
Bitcoin markets are safe from a Mt Gox dump for now, Hong Kong to boot out unlicensed exchanges, Binance sells Gopax claims at rock bottom
Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1
30.5.2024
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance....
Hong Kong SFC to Conduct On-Site Inspections of Crypto Platforms after Licensing Deadline
29.5.2024
The Hong Kong SFC has announced that it will be conducting on-site inspections of local crypto firms that have not yet completed their regulatory applications after the licensing deadline.
The post Hong Kong SFC to Conduct On-Site Inspections of Crypto Platforms after Licensing Deadline appeared...
Hong Kong SFC to compliance check crypto firms offices after license deadline
29.5.2024
A total of eleven crypto asset companies and exchanges have withdrawn license applications ahead of the deadline
Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms
28.5.2024
Hong Kong's Securities and Futures Commission (SFC) will conduct on-site inspections of those crypto trading platforms interested in continuing to pursue their licensing applications as a key deadline looms, the regulator announced Tuesday
Worldcoin faces bans worldwide amid increasing privacy fears
27.5.2024
Regulators across the world are banning Worldcoin, which collects biometric data for a small payment of its native cryptocurrency
Okx Ceases Crypto Trading Services in Hong Kong — Users Advised to Withdraw Assets
25.5.2024
Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024. The exchange stressed that customer funds remain...
OKX Withdraws VASP License Application in Hong Kong
24.5.2024
OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents.
The post OKX Withdraws VASP License Application in Hong Kong appeared first on Cryptonews
Crypto Exchange Gate.HK Ceases Operations — Urges Users to Withdraw Assets
24.5.2024
Gate.HK, the Hong Kong arm of cryptocurrency exchange Gate.io, is undergoing a significant platform overhaul to enhance security and compliance, withdrawing its applications for licensing under Hong Kong’s Securities and Futures Ordinance (SFO) and the Anti-Money Laundering...
Crypto Exchange OKX Withdraws Hong Kong License Application
24.5.2024
The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month
CatCoin demands BitForex resolve token withdrawals, hints at lawsuit
24.5.2024
The CatCoin team urged BitForex to respond to their grievances via a designated email address, marking a last-ditch effort before potentially escalating the matter further
Hong Kong crypto exchange folds to regulatory pressure
24.5.2024
Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses
Hong Kong streaming firm to buy $100M of crypto, Worldcoin sanctioned: Asia Express
24.5.2024
Hong Kong streaming firm to buy $100M of crypto, Worldcoin reprimanded on privacy, women take charge of biggest exchanges: Asia Express
Hong Kong SFC Considering Ether Staking for Ethereum ETFs
23.5.2024
Hong Kong’s Securities and Futures Commission (SFC) is reportedly considering allowing the issuers of Ethereum ETFs to offer Ether staking.
The post Hong Kong SFC Considering Ether Staking for Ethereum ETFs appeared first on Cryptonews
US lawmakers urge SEC’s Gensler to approve spot Ethereum ETF
23.5.2024
U.S. lawmakers argued that a potential spot Ether ETF would offer investors access to ETH in a more regulated and safe format
Hong Kong SFC considers allowing Ether staking for ETF issuers
23.5.2024
SFC reportedly held discussions with the country's crypto ETF issuers about providing staking services via licensed platforms