Hong Kong

On April 3rd, the Dubai based crypto exchange Bybit said that the company was working hard to establish its core Asian business in Hong Kong and planned to locate some of its resea

12:00-21:00 Key words: SEC, Hong Kong, Meitu, Denmark
Overview of important developments in the evening of March 30th
In this article, we will explore the Securities and Exchange C

According to reports, Mike Novogratz, CEO of Galaxy Digital, said that the cryptocurrency market this year \”feels very strong\” because sellers are exhausted, restrictions in China

According to reports, Angelina Kwan, CEO of Stratford Finance, a financial services company, and former regulator of the Hong Kong Securities and Futures Commission (SFC), said tha

7:00-12:00 Key words: Hong Kong, Bitter Deer, Disney, Ariel
Summary of important developments at noon on March 28th
Hong Kong is an amazing city with lots of things to do at any ti

On March 28th, according to a report by Nikkei Asia, although Sun Yuchen believes that the fraud allegations made against him by US regulators will not affect the license applicati

On March 23, it was announced that the Independent Reserve of the Australian Cryptographic Exchange plans to pay closer attention to the opportunities in Hong Kong, China, as Hong Kong is undergoing regulatory reforms to create a digital asset business center. Interpretation of this information: The Independent Reserve of the Australian Cryptographic Exchange is shifting its focus to Hong Kong, China as the region is establishing itself as an important hub for digital asset trading. Hong Kong is currently undergoing regulatory reforms, aiming to establish a solid framework for digital…

12:00-21:00 Keyword: US, Hong Kong, 1inch, BitRock Capital Interpretation of this information: The message indicates that BitRock Capital, a venture capital firm focused on investing in blockchain and cryptocurrency projects, has made an investment in 1inch, a decentralized exchange aggregator. The investment comes as the US and Hong Kong face regulatory pressure and uncertainty around cryptocurrency regulations. The global regulatory landscape for cryptocurrency is constantly changing and evolving. In the United States, authorities have taken a cautious approach to the technology, with the Securities and Exchange Commission (SEC) closely scrutinizing…

According to reports, at the Aspen Digital Web3 Investment Summit, the Secretary for Financial Affairs and Treasury (FSTB) of the Hong Kong Special Administrative Region Government, Xu Zhengyu, stated that cryptocurrency companies around the world have expressed increasing interest in transferring their business to Hong Kong jurisdictions. In addition, FSTB plans to allocate another $50 million this year to accelerate the development of the Web3 ecosystem. The funds will be used to: organize major international Web3 events; Increase the number of youth education workshops; Establish a working group to study…

On March 20, the Secretary for Financial Affairs and the Treasury of the Hong Kong Special Administrative Region Government, Xu Zhengyu, stated at the Aspen Digital Web3 Investment Summit that by the end of February 2023, the Investment Promotion Department had received over 80 mainland and foreign companies related to virtual assets expressing their intention to establish businesses in Hong Kong. Interpretation of this information: The latest announcement by the Secretary for Financial Affairs and the Treasury of the Hong Kong Special Administrative Region Government, Xu Zhengyu, regarding the influx…

On March 17th, Bloomberg reported that Kaiko, a cryptographic data company, plans to relocate its Asian headquarters from Singapore to Hong Kong, China, due to Hong Kong’s commitment to establishing a global center for the digital asset industry. Kaiko provides encrypted data for institutions such as the Intercontinental Exchange (ICE) and Deutsche Bank. Interpretation of this information: Kaiko, a prominent cryptographic data company, intends to shift its Asian headquarters to Hong Kong from Singapore, as it seeks to benefit from Hong Kong government’s plans of building a global center for…

According to reports, according to a press release from the Hong Kong Special Administrative Region government, the Hong Kong Monetary and Financial Research Center, which is responsible for research work under the School of Finance of the Hong Kong Monetary Authority, has released a financial research report titled “The Greater Bay Area Cross Border Payment and Settlement System: Current Practices and Latest Developments.”. According to the report, as the underlying technology of digital currency, 59% of respondents believe that blockchain is a relevant or highly relevant technology to strengthen financial…

It is reported that on February 22, the “Hong Kong concept has soared and the mysterious oriental power has risen” Twitter Space hosted by Meta Era and OKX officially opened a special invitation to invite members of the Hong Kong Legislative Council, representatives of institutions of higher learning and Hong Kong institutions to cooperate with Web3 industry representatives Xiao Feng, Jack Kong, Sun Yuchen, Du Jun, etc. to comprehensively interpret the technology and economic policies of Hong Kong’s new financial budget. Interpretation of this information: On February 22, a Twitter…

It is reported that the Hong Kong Securities Regulatory Commission welcomes the various measures proposed by the Financial Secretary, Mr. Chen Maobo, in the 2023-2024 government budget to further consolidate Hong Kong’s status as an international financial center. Mr. Lei Tianliang, chairman of the SFC, said that the proposed measures to develop Hong Kong into an international green technology and financial center would lead to sustainable and high-quality growth through technological innovation. The SFC also supports the proposal to promote the development of Hong Kong’s digital economy and establish a…

On February 21, Bloomberg reported that the official representatives of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region are frequent guests of the Hong Kong cryptocurrency gathering. They will check the development of the situation and request a report, and in some cases will follow up by telephone. Bloomberg said that the mainland government may support the region’s negotiation process for the legalization of retail encrypted transactions. Interpretation of this information: The recent report from Bloomberg has shed light on the involvement of…

On February 20, Sun Yuchen, a member of Huobi’s Huobi Global Advisory Committee, announced that Huobi was applying for a Hong Kong cryptocurrency trading license. On the same day, the official website of Huobi announced the launch of the offshore RMB stable currency TCNH. It is reported that TCNH is a 1:1 stable currency for anchoring offshore RMB deployed on the TRON network, and Hong Kong is one of the main circulation places of offshore RMB. Interpretation of this information: The recent announcement by Sun Yuchen, a member of Huobi’s…

12:00-21:00 Key words: Hong Kong, FSB, Galois Capital, Zipmex Interpretation of this information: The message is announcing the partnership between Hong Kong-based cryptocurrency exchange, Zipmex, and the Galois Capital investment fund, which specializes in investing in blockchain and cryptocurrency startups. Galois Capital is also a member of the Financial Stability Board (FSB), an international organization that monitors and recommends policies for the global financial system. This partnership is expected to bring expertise and support to Zipmex as it continues to grow and expand its operations in the Asia Pacific region….

It is reported that Hong Kong’s efforts to become a cryptocurrency center and the obvious interest of Hong Kong citizens in virtual assets as investment have prompted crypto companies to occupy commercial space in Hong Kong. However, analysts said that the popularity of cryptocurrency was not enough to lead the recovery of Hong Kong’s battered commercial real estate market and was unlikely to become the ultimate savior of Hong Kong’s sluggish retail real estate market Interpretation of this information: The message highlights the growing interest of Hong Kong citizens in…

On February 14, the global automated electronic broker Yingtou Securities announced the launch of cryptocurrency trading in Hong Kong, enabling Yingtou Securities Hong Kong’s professional investors to trade Bitcoin (BTC) and Ethereum (ETH). Interpretation of this information: Yingtou Securities, a global automated electronic broker, has announced the launch of cryptocurrency trading in Hong Kong. The new platform will allow professional investors to trade in the two of the most popular cryptocurrencies – Bitcoin and Ethereum. This move is a significant step in the cryptocurrency market and highlights the growing demand…