On February 21, according to Hong Kong media Ming Pao, Hong Kong Deputy Financial Secretary Huang Weilun said that the Hong Kong government will further improve the supervision and framework of virtual assets, continue to promote the wider application of tokenization technology in capital markets, improve the development of relevant systems and formulate industry standards. In addition, Hong Kong is active and promising in the development of financial technology. For example, in October last yea...
On February 20, according to a report by Hong Kong media, Richard Teng, CEO of virtual asset trading platform Binance, met with law enforcement in Hong Kong and discussed advancing bilateral cooperation to combat financial and cybercrime related to virtual assets. The topics discussed by the two sides include expanding and strengthening cyber defense cooperation between the public and private sectors in the blockchain ecosystem, and continuously strengthening the capabilities of law enforcement ...
On February 15, according to Hong Kong media Ming Pao, the Hong Kong Securities Supervision Commission held a virtual asset advisory group meeting with the licensed virtual asset trading platform (VATP) for the first time yesterday. Liang Fengyi, chief executive of the Hong Kong Securities Supervision Commission, said that after the establishment of the group, VATP licensees can provide opinions on the future operation of VATP, improving the liquidity of virtual asset transactions, and enhancing...
According to the Hong Kong media East Network, CEO Liang Fengyi said that it is expected that another platform will be issued a license within the month. In terms of the proposed virtual asset development roadmap, Liang Fengyi pointed out that the development of virtual assets is not only licensed platforms, but also custody business, over the counter (OTC), etc. At that time, opinions from different units will be collected, and said that the current trading liquidity of virtual asset trading pl...
According to Hong Kong Stock Exchange documents: Mixue Bingcheng joint stock company through the Hong Kong Stock Exchange listing hearing.
According to the Hong Kong media report, Hong Kong regulates cryptocurrency exchanges, but there are only 9 licensed exchanges, and they mainly serve professional investors. Wu Jiechuan, a member of the Legislative Council of the Hong Kong Special Administrative Region, said that Hong Kong's cryptocurrency supervision will usher in a new mechanism this year. The special administrative region government will establish a licensing system for cryptocurrencies over the counter (OTC) and require OTC ...
According to Hong Kong media Hong Kong 01, Hong Kong's "Employment Ordinance" stipulates that wages need to be paid in the form of money, and cryptocurrency is not legal tender, so employers may violate the law by paying wages in bitcoin. There is no big legal problem for technology companies to use bitcoin as a profit or reward, but even if employees continue to receive...
According to the Hong Kong Stock Exchange document: Mixue Bingcheng joint stock company submitted a listing application to the Hong Kong Stock Exchange.
According to the Hong Kong media report, the Hong Kong police said that they received more than 3,400 cases related to cryptocurrency last year, with losses exceeding 4.30 billion yuan. In the first 10 months of this year, there were more than 2,100 cases, with losses exceeding 3.10 billion yuan. Among the related cases, the maximum single loss is about 1.60 billion yuan. Ng Kit-chuang, a member of the Legislative Council of the Election Commission, said that in addition to strengthening supervi...
According to Hong Kong media reports, Libeara, a tokenization platform fostered by SC Ventures of Standard Chartered, has revealed that it will launch a US dollar tokenized money market fund in Singapore this month, initially on the Ethereum mainnet. Alexandre Deschatres, Libeara's head of business development, said in an interview that it will evaluate the liquidity of US Treasury bonds with Wellington and Fundbridge before the full launch of the chain.
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 reports, a number of large international virtual asset trading platforms have withdrawn their license applications in Hong Kong recently. Gu Ronghui, co-founder of CertiK and a member of the Web 3.0 Development Task Force, said that the Hong Kong government should first supervise large-scale virtual currency industry stakeholders with existing scenarios and encourage them to push in the direction of compliance, which is more meaningful for the industry. For Circle, t...
According to the Hong Kong media Ta Kung Pao, the Trump team is reviewing candidates for positions related to cryptocurrency policy. Although it is still unclear whether this is a senior White House staff-level position, that is, "cryptocurrency czar" (who oversees policies and regulations within the federal government), the cryptocurrency industry is striving for this opportunity to directly contact Trump. It is reported that many people have gone to Mar-a-Lago for "interviews" in recent days, ...
According to Hong Kong media, the Hong Kong Stock Exchange will today launch the Hong Kong Stock Exchange Virtual Asset Index series, which will provide a transparent and reliable real-time price benchmark for the pricing of Bitcoin (BTC) and Ethereum (ETH) in the Asian time zone, and provide a unified reference price for virtual assets.
According to Hong Kong media reports, Hong Kong plans to submit a stablecoin issuer supervision system bill to the Legislative Council this year. Jeremy Allaire, co-founder and chief executive of Circle, the world's second largest stablecoin issuer, said that Hong Kong is an important market for USDC and intends to hire more employees and establish business in Hong Kong. It is waiting for the introduction of Hong Kong's new stablecoin regulations. After understanding the regulations, it will con...