Hong Kong Yet to Regulate Stablecoins, Retail Trading Remains Restricted
Hong Kong has not yet adopted regulations for stablecoins like Tether (USDT) or USD Coin (USDC), according to the Secretary for Financial Services and the Treasury, Christian Hui. Retail investors in Hong Kong are currently not allowed to trade these assets due to the absence of specific regulations ...
Huobi HK Applies for Regulated License to Exchange Crypto Assets in Hong Kong
Huobi HK said on Twitter that the company filed an application with the Hong Kong Securities and Futures Commission (SFC) on May 29 for a regulated license to exchange crypto assets. Under current law, before cryptocurrency companies can provide regulated services to cust ...
HashKey Group Aims to Raise $200 Million Leveraging Hong Kong Digital Assets
Cryptocurrency investment company Hashkey Group plans to raise up to $200 million by taking advantage of Hong Kong digital assets. It writes Bloomberg. The HashKey Group itself is now valued at more than $1 billion. The company is ...
Hong Kong to Implement Tough Regulations for Cryptocurrency Exchanges from June 1, says Head of Monetary Authority
The head of the Hong Kong Monetary Authority He urged service providers "not to count on" the lack of oversight The SFC will also soon publish a consultation document The licensing regime for exchanges here will take effect from June 1 Hong ...