Hong Kong

Rothschild-Founded RIT Capital Leads $8.8M Funding Round Into Aspen Digital

Aspen aims to offer digital asset management to institutional and sophisticated investors.

News  ·  4 August 2021

Babel Finance Bets on Longtime Fintech Hand to Help Navigate Regulatory Landscape

The Hong Kong-based crypto lender says new CFO Edmond Lau will oversee $500 million in assets under management.

News  ·  30 July 2021
Crime

Hong Kong Arrests 4 in Alleged $155M Crypto Money-Laundering Scheme: Report

Customs authorities say the alleged money laundering syndicate charged criminal clients a commission of 3% to 5%.

News  ·  15 July 2021
Hong Kong

Sotheby’s Sells Rare Diamond for $12.3M in Crypto

The auction house said "a milestone was reached in the adoption of cryptocurrencies."

News  ·  9 July 2021
China

An Alternative Theory for China’s Tech Crackdown

China's leaders say it's about all cybersecurity, but some observers see financial control as the larger goal.

Opinion  ·  8 July 2021
Hong Kong

Regulated HK Crypto Exchange OSL Hires 6 Senior Staff

Two of the hires, Joe Zhou and Arion Ho, join OSL from the Hong Kong Stock Exchange.

News  ·  17 June 2021
Hong Kong

Hong Kong-Listed BC Group Receives $70M in New Funding

Funding will go towards IT and non IT-related expenses, including staff costs, marketing expenses and expansion into other markets.

News  ·  11 June 2021
CBDCs

Hong Kong Monetary Authority to Study a Retail CBDC

Hong Kong's central bank is aiming to "future-proof" the financial center for the growth of CBDCs as part of its "Fintech 2025" strategy.

News  ·  8 June 2021
Hong Kong

Hong Kong Government Proposal on Licensing Crypto Firms Ends Consultation Period

The government plans to introduce licensing for virtual asset service providers.

Policy & regulation  ·  21 May 2021
Bitcoin

Huobi Asset Management Raises $50M for Crypto ‘Tracker’ Funds

The four funds will buy bitcoin, ether and equity in crypto or mining firms.

Policy & regulation  ·  22 April 2021
Binance

Binance’s Tesla Stock Token May Have Raised Regulatory Red Flags: Report

Binance may need a license to market security tokens to the Hong Kong public.

News  ·  21 April 2021
China

Chinese Web Firm Meitu Buys $10M More in Bitcoin

The publicly traded app developer has now spent $100 million on bitcoin and ether.

Business  ·  8 April 2021
China

How China’s Digital Yuan Could Go Global

China has been quietly testing platforms where the digital yuan can be freely traded with other fiat currencies.

Policy & regulation  ·  17 March 2021
Exchanges

OSL, Hong Kong’s First Regulated Crypto Exchange, Commences Live Trading

The launch of live trading comes after the exchange was granted Securities and Futures Commission licenses last August.

Markets  ·  15 March 2021
CoinFlash

Huobi Said to Be Launching Bitcoin, Ether Funds After Being Granted Hong Kong License

The new license allows Huobi to advise on and manage securities investments.

Business  ·  4 March 2021