According to Hong Kong media Ming Pao, Diao Jiajun, executive director and head of the regulatory affairs department of OSL Group, revealed in an interview that as the "first brother" of Chinese funds, China Asset Management is now preparing to launch tokenized funds, and is more interested in promoting them to markets other than B2B. Looking forward to the possibility of tokenization in the future, Diao Jiajun said that money funds with low volatility and high liquidity will be the first choice...
According to Hong Kong media Ming Pao, Deepa Raja Carbon, managing director and vice chairperson of the Dubai Virtual Asset Regulatory Authority (VARA), said that after the turmoil in the virtual asset industry, people prefer to have clear regulations, which is why international exchanges come to Dubai to develop their business. Hong Kong and Dubai have very similar DNA, and the supervision of virtual assets in various regions does not need to be consistent, but the coordination between regulato...
According to Hong Kong media Ming Pao, Chen Yufeng, vice chairperson of the Asian Association of Financial Technologists and an adjunct lecturer at the School of Continuing Education of the University of Hong Kong, said that asset tokenization has become the hottest application of blockchain in the financial industry, and the use of "post quantum cryptography (PQC) " technology can maintain or even enhance the security of blockchain. Hong Kong has also recently announced that it plans to issue t...
According to Hong Kong media Ming Pao, one of the investors of Hashkey Capital Web3.com Venture disclosed that it has contacted the managing director and chief Chinese economist of the Hong Kong Stock Exchange, Ba Shusong, the Hong Kong Web 3.0 Association, and the vice president of HKUST to explore cooperation in traditional fields. It is reported that Web3.com Venture is mainly looking for opportunities in artificial intelligence Web 3.0, RWA, and decentralization, and has invested 100 million...
According to Ming Pao, Xu Yibin, executive director and CEO of Hong Kong Yucai Securities, said that there are still uncertainties in the custody of virtual assets in the United States. For example, virtual asset custodians are not licensed by the same major government official agency. Xu Yibin stressed that Yucai Securities needs to ensure the safety of customer assets at the same time. If there are authorized official institutions such as exchanges to handle relevant custody, they will conside...
According to Hong Kong media Ming Pao, OSL Group Chairperson and Chief Executive Officer Pan Zhiyong said that OSL is continuing to promote regulated digital asset innovation to the next stage, including pledge services and tokenized fund products. The group's OSL digital securities have been appointed as the virtual asset trading platform and custodian of China Asset Management and Harvest International's first spot bitcoin and ether ETF. Its issuer partners Huaxia Capital (Hong Kong) and Canni...
On June 23, according to Ming Pao, the Hong Kong police arrested 39 people in the past week on suspicion of lending or selling accounts to help fraudulent syndicates launder money, and two others were suspected of setting up fake virtual currency trading shops, claiming that they could exchange virtual currency for cash at preferential prices, and then fled after defrauding the victims of virtual currency. In this operation, Yau Tsim Police District has detected a total of 36 cases, including 8 ...