Animoca Brands is preparing for a public listing in New York, citing the current US administration’s more relaxed stance on cryptocurrency regulation as a strategic opportunity to access the world’s largest capital market. The company’s executive chair, Yat Siu, revealed that an announcement regarding the listing could come soon, with ...
WeBank Technology Services has unveiled a new blockchain-based infrastructure to enhance Hong Kong's Web3 ecosystem, announced at the Hong Kong Web3 Festival 2025. This "value exchange infrastructure," introduced by Henry Ma, aims to facilitate secure and compliant value exchanges between institutions, aligning with Hong Kong's goal of becoming a global ...
Financial Secretary Paul Chan reaffirmed Hong Kong’s ambition to become a global hub for blockchain and digital assets during the Hong Kong Web3 Festival. He underscored the need for a balanced regulatory approach to bridge traditional finance with the emerging digital economy. Speaking to a packed audience of industry leaders, ...
Hong Kong's financial regulators have allowed crypto firms with valid trading licenses to offer staking services, as the Securities and Futures Commission (SFC) announced on April 7. These firms must follow strict guidelines to protect users and ensure transparency about the risks of staking virtual assets. Staking allows customers to ...
OSL Group has launched OSL Wealth, a new crypto-focused wealth management platform in Hong Kong, announced yesterday. This service, now operational, targets professional investors by offering secure access to tokenised treasury assets, real-world asset (RWA) solutions, and quantitative funds. As the first platform of its kind in the city, it ...
Ray Chan, co-founder of the popular meme-sharing platform 9GAG, has reportedly taken the helm at Howkingtech International, signaling a strategic move to expand into artificial intelligence, cryptocurrencies, and Web3. According to a regulatory filing with the Hong Kong Exchanges and Clearing Limited, the acquisition of Howkingtech could reach a maximum ...
HashKey has launched a new initiative to rate cryptocurrencies and exchanges in Hong Kong in cooperation with the Hong Kong Virtual Asset Rating Company. This initiative is designed to aid local crypto businesses in meeting the Securities and Futures Commission’s regulatory requirements, highlighting the importance of compliance and transparency in ...
Hong Kong’s fintech sector is experiencing rapid growth, with blockchain, digital assets, distributed ledger technology (DLT), and artificial intelligence (AI) driving innovation. According to the latest Hong Kong Fintech Ecosystem report by InvestHK, the region now hosts over 1,100 fintech firms, including 175 blockchain-focused companies and 111 digital asset and ...
Hong Kong-based crypto payment platform RedotPay has secured $40 million in a Series A funding round to expand its services and offerings. According to the firm, the investment will support its mission to integrate cryptocurrency into everyday transactions while simplifying blockchain payments for users. RedotPay has been steadily expanding its ...
Authorities in Hong Kong are warning traders about a fraudulent cryptocurrency being promoted by an X account impersonating Chief Executive John Lee. The scam involves a Solana-based token falsely marketed as the region’s "National Hong Kong Coin." On March 6, Hong Kong lawmaker and crypto advocate Johnny Ng alerted the ...
