The cryptocurrency landscape in Hong Kong is experiencing significant shifts following the recent announcement that OKX, a leading global cryptocurrency exchange, is withdrawing its application for a Virtual Asset Service Provider (VASP) license.
Read MoreHong Kong-based cryptocurrency exchange Gate.HK is shutting down due to its failure to meet the local licensing requirements set to be enforced from June 1 onwards.
Read MoreOn May 21, 2024, Ethereum exchange-traded funds (ETFs) in Hong Kong witnessed a surge in daily inflows, marking their highest since their launch on April 30.
Read MoreThe Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong has completed its investigation into the Worldcoin project, concluding that the project's activities in Hong Kong violated the territory's Personal Data (Privacy) Ordinance (PDPO).
Read MoreHex Trust Group, a prominent crypto custodian headquartered in Hong Kong, has introduced USDX, marking the inaugural native stablecoin on the layer-1 blockchain Flare.
Read MoreHong Kong's cryptocurrency ETFs are facing challenges and struggling to replicate the success seen by their US counterparts, which currently hold $55 billion in assets.
Read More