Market news, analysis & forecast powered by

Preview Mode

FM Home
> Hong kong
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Exness wins “Best Retail FX Broker” at Finance Magnates London Thought Leadership

hong kong

Search for a tag
CryptoCurrency

Hong Kong “Conditionally” Approves Bitcoin and Ether ETFs

  • At least three companies have received the conditional approval from the SEC.
  • The details of these conditionally approved ETFs remain unclear.
Tuesday, 16/04/2024 | 05:55 GMT by Arnab Shome
CryptoCurrency

Hong Kong Regulators Move Forward with Greenlighting Spot Bitcoin ETFs

  • Harvest Global Investments and VSFG, with Value Partners, applied for a spot ETF to the SFC.
  • Regulatory approval doesn't guarantee instant trading; more steps may be necessary.
Wednesday, 10/04/2024 | 11:09 GMT by Tareq Sikder
Retail FX

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
CryptoCurrency

DeFi Meets TradFi: Hong Kong's ZA Bank Targets Stablecoin Issuers

  • ZA Bank is engaging stablecoin issuers to explore real-world use cases for the asset class.
  • The bank has facilitated transfers exceeding $1 billion from over 100 Web 3 clients.
Friday, 05/04/2024 | 20:17 GMT by Jared Kirui
CryptoCurrency

Hong Kong Warns against Unlicensed Crypto Exchange Sure X

  • Sure X operates under the name "Sure Bit International Pte Ltd" or "Sure Bit International Ltd."
  • The SFC warned that despite appearing inaccessible, investors might still find ways to access Sure X's websites and trading platform.
Friday, 05/04/2024 | 15:49 GMT by Jared Kirui
Retail FX

Hong Kong's Investor Base Shrinks to 840,000, Study Finds

  • The number of active investors in Hong Kong has decreased from 900,000.
  • However, there is a growing interest in trading abroad, mainly in the USA.
Wednesday, 03/04/2024 | 08:18 GMT by Damian Chmiel
FinTech

HSBC's PayMe Teams Up with Adyen to Tap into Hong Kong's Payment Market

  • The partnership aims to enable Adyen's merchants to increase revenue through access to a broader customer base.
  • Adyen's merchants can utilize various payment methods, including PayMe, AlipayHK, Apple Pay, and Google Pay.
Tuesday, 02/04/2024 | 18:11 GMT by Jared Kirui
CryptoCurrency

SFC Warns against Fraudulent Crypto Exchanges in Hong Kong

  • Two trading platforms, HKCEXP and EDY, have raised alarms with the SFC.
  • The firms are accused of falsely claiming affiliation and misrepresenting regulatory registration.
Monday, 25/03/2024 | 16:38 GMT by Tareq Sikder
CryptoCurrency

Zodia Custody Secures TCSP License in Hong Kong for Digital Asset Custody

  • The license enables catering to both local and international institutional clients' demands.
  • The firm pursued Asian market expansion with recent ventures in Japan and Singapore.
Monday, 18/03/2024 | 13:34 GMT by Tareq Sikder
CryptoCurrency

SFC Alerts: MEXC Tiptoes on Thin Ice with Unlicensed Trading Platform

  • MEXC has neither obtained a license from the SFC nor started the process to operate a VATP in Hong Kong.
  • Earlier, the regulator issued a warning to investors regarding Bybit and its offerings.
Friday, 15/03/2024 | 10:49 GMT by Tareq Sikder
Retail FX

Doo Financial Expands Hong Kong Footprint with Securities Trading License

  • HK regulator approves Doo Financial for securities dealing, boosting its regional presence.
  • In the meantime, the company opened a new office in Dubai.
Friday, 15/03/2024 | 08:06 GMT by Damian Chmiel
CryptoCurrency

Bybit under Scrutiny: Hong Kong's Regulator Warns Crypto Investors

  • The products offered by the crypto exchange that have raised concerns include futures contracts and options.
  • The SFC has vowed to take enforcement action against unlicensed crypto activities to protect investors.
Thursday, 14/03/2024 | 13:19 GMT by Jared Kirui
CryptoCurrency

Hong Kong's Regulator Launches Probe into Crypto Exchange BitForex

  • The SFC maintains that BitForex lacks the necessary licensing.
  • This is despite claims that the company is based in Hong Kong.
Monday, 04/03/2024 | 17:29 GMT by Jared Kirui
CryptoCurrency

Crypto Giants Absent as Hong Kong Attracts 24 Companies for Licenses

  • Platforms must apply by February 29th or cease operations by the end of May.
  • Much of the crypto entering the city flows through OTC trades rather than exchanges.
Friday, 01/03/2024 | 10:25 GMT by Tareq Sikder
CryptoCurrency

BitForex Plunges Offline amidst $57 Million Crypto Withdrawal Mystery

  • The shutdown amid the withdrawal mystery echoes past Japanese regulatory warnings.
  • In September 2023, the firm ranked among the top global exchanges, trading $2.6 billion daily.
Tuesday, 27/02/2024 | 07:51 GMT by Tareq Sikder
CryptoCurrency

Hong Kong: Crypto Investors Face Deadline to Switch to Licensed Platforms

  • Crypto exchanges in Hong Kong must be licensed by 29 February.
  • The regulator wants traders to close accounts with unlicensed entities by May 31 or move to licensed ones.
Monday, 05/02/2024 | 06:43 GMT by Arnab Shome
CryptoCurrency

Hong Kong Flags "Floki" and "TokenFi" Staking Programs

  • These programs promise annual returns ranging from 30% to over 100%.
  • Administrators of these programs have allegedly failed to explain the feasibility of these high returns.
Friday, 26/01/2024 | 12:47 GMT by Jared Kirui
CryptoCurrency

Tiger Trade to Include Crypto Trading for Hong Kong Investors

  • UP Fintech gets a Hong Kong license to deal in crypto via the Tiger Trade platform.
  • The company will offer crypto trading for professional investors from the region.
Thursday, 25/01/2024 | 10:09 GMT by Damian Chmiel
Retail FX

Hong Kong's SFC Presents Three-Year Strategy, Focusing on Tokenization

  • Hong Kong SFC's 2024-2026 plan focuses on market resilience and global finance innovation.
  • The strategy includes tokenizing assets and better controlling cryptocurrencies.
Tuesday, 23/01/2024 | 09:53 GMT by Damian Chmiel
CryptoCurrency

Hong Kong Proposes Rules to License Stablecoin Issuers

  • Stablecoin issuers need to establish a local presence to receive the license.
  • The proposed rules will not allow algorithmic stablecoins.
Wednesday, 27/12/2023 | 09:55 GMT by Arnab Shome
Retail FX

Regulators on High Alert: FCA, SFC, and FSC Issue New Warnings

  • New entities flagged for lacking investment service licenses.
  • Regulators like FCA, SFC, and FSC stay active, updating warning lists daily.
Wednesday, 20/12/2023 | 11:23 GMT by Damian Chmiel
Analysis

Analysis: Monthly FX/CFD Deposits Kept Growing in October

  • Third consecutive month of growth.
  • Switzerland tops the rank again.
Wednesday, 13/12/2023 | 13:56 GMT by Sylwester Majewski
CryptoCurrency

Unlicensed Hounax Leaves 145 Users with $18.9 Million Loss in Hong Kong

  • The SFC previously flagged Hounax as a suspicious platform.
  • The incident has followed the JPEX scandal with over 2,000 complaints.
Tuesday, 28/11/2023 | 16:38 GMT by Tareq Sikder
CryptoCurrency

Interactive Brokers Hong Kong Enters Retail Crypto Trading Arena

  • The brokerage giant has obtained a crypto trading license in Hong Kong.
  • Interactive Brokers joined Victory Securities in securing the SFC's approval.
Friday, 24/11/2023 | 20:13 GMT by Jared Kirui
Retail FX

Hong Kong’s Digital Bank with 70K Users Mulls to Offer US Stocks

  • ZA Bank obtained its Type 1 regulated activity license in January 2021.
  • It is also pushing to offer services to the growing local crypto industry.
Friday, 24/11/2023 | 07:21 GMT by Arnab Shome
See more
Next Previous
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}