hong kong
Hong Kong's Crypto Licensing Faces Hurdles as 11 Exchanges under Review
- The SFC found issues in several platforms, including cybersecurity and reliance on executives for asset custody.
- Full licenses are expected by late 2024, but non-compliant firms may face rejection.
Thursday, 22/08/2024 | 09:46 GMT by
Tareq Sikder
ATFX Secures the Hong Kong SFC License, A Boost for Global Operations
- ATFX is poised to expand its reach in the global market.
Tuesday, 30/07/2024 | 12:02 GMT by
FM
Hong Kong Watchdog Fined Market Wrongdoers $49.9 Million in 2023/2024
- The agency is using new surveillance tools to crack down on financial crimes.
- It is also celebrating the 35th anniversary of its founding in response to a local stock market crisis.
Wednesday, 19/06/2024 | 07:48 GMT by
Damian Chmiel
Tiger Brokers Obtains License to Expand Crypto Services to Retail Traders in Hong Kong
- This approval allows users in the region to trade Bitcoin and Ethereum through Tiger Brokers' Tiger Trade.
- The company is targeting a growing interest in cryptocurrencies among investors who hold a diverse portfolio, including stocks and virtual assets.
Tuesday, 18/06/2024 | 15:41 GMT by
Jared Kirui
SFC Issues New Crypto Regulations: 2 Platforms Licensed, 17 Await Approval
- As of June 1, OSL Digital Securities and Hash Blockchain are licensed crypto trading platforms.
- Several crypto exchanges, including OKX and Gate.hk, are ceasing operations in Hong Kong.
Monday, 03/06/2024 | 08:44 GMT by
Tareq Sikder
OKX HK Discontinues License Application in Hong Kong, Asks Users to Withdraw Funds
- The exchange plans to discontinue centralized virtual asset trading services in the region.
- Customers have until August 31, 2024, to withdraw their assets from OKX accounts.
Friday, 24/05/2024 | 14:44 GMT by
Jared Kirui
Hong Kong Trials China's e-CNY
- A springboard for global ambitions.
Friday, 17/05/2024 | 03:00 GMT by
Pedro Ferreira
HashKey Capital Secures Dual Licenses for Retail Crypto Services in Hong Kong
- The company obtained Type 4 and upgraded Type 9 authorization from the SFC.
- It became the first firm to offer comprehensive crypto services to retail investors in Hong Kong.
Thursday, 16/05/2024 | 09:50 GMT by
Damian Chmiel
52% Acknowledge Parental Influence: Financial Legacies in Hong Kong
- Nearly half of Hong Kong adults defy parental financial habits, striving for financial stability.
- 74% learned money management from parents in childhood, linked to adult financial security.
Friday, 03/05/2024 | 09:41 GMT by
Tareq Sikder
Strategy Straight from the Casino Promised 40% Monthly Profits: Regulator Warns
- Hong Kong’s financial regulator added PropCap to its alert list and issued a warning.
- The company offered high monthly returns on investments thanks to Martingale's strategy.
Monday, 08/04/2024 | 09:43 GMT by
Damian Chmiel
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