Advertisement
Advertisement
-
Business /

Cryptocurrency

Related Topics:
Bitcoin
Blockchain
Hong Kong is hoping to position itself as a digital asset hub. Photo: Shutterstock
Bitcoin

Hong Kong crypto investors stay cautious but upbeat as bitcoin sell-off deepens

Bitcoin’s steep pullback has rattled global crypto markets, but in Hong Kong clearer rules on stablecoins are underpinning confidence.

Fintech

Digital finance in 2026: what to expect as pilots move into real-world adoption

Cryptocurrency

Trip.com tests stablecoin, offering USDT and USDC for prepaid bookings

Hong Kong economy

Hong Kong to broaden crypto rules with new licences for dealers and custodians

New frameworks mooted for virtual asset dealing and custodian services, as Hong Kong forges ahead with plans to become a digital-asset hub.

Regulators said on Wednesday they would finalise legislative proposals for two new licensing frameworks. Photo: Shutterstock
Regulators said on Wednesday they would finalise legislative proposals for two new licensing frameworks. Photo: Shutterstock
IPO

HashKey shares debut flat in Hong Kong amid bitcoin bear market

The firm, one of 11 licensed virtual asset trading platforms in Hong Kong, raised US$206 million in the city’s first crypto-native IPO.

Banking & finance

Hong Kong needs to attract global champions to broaden fundraising base: FSDC

Think tank urges the expansion of connect schemes to cover a wider range of asset classes and the promotion of digital asset trading.

Advertisement
Advertisement
Advertisement
Blockchain

Coins in sand: how the UAE draws in the global crypto community

At Abu Dhabi Finance Week, insiders give credit to the UAE’s regulatory infrastructure and institutional adoption of digital assets.

Abu Dhabi, the capital of the United Arab Emirates, started regulating cryptocurrencies in 2018. Photo: Shutterstock
Abu Dhabi, the capital of the United Arab Emirates, started regulating cryptocurrencies in 2018. Photo: Shutterstock
Banking & finance

Swift tests blockchain with Ant International and HSBC in cross-border trial

By using the ISO 20022 messaging standard, the partners say they can make tokenised deposits interoperable with legacy systems.

Cryptocurrency

Bitcoin drops below US$90,000 as AI worries sour risk appetite

The fall signals renewed market jitters after the historic crypto crash in October.

Banking & finance

Hong Kong eyes info sharing on crypto assets to combat tax fraud, evasion

Compliance with OECD framework is of ‘paramount importance’ to maintain Hong Kong’s reputation as a finance hub, secretary says.

videocam
Government aims to complete legislative amendments in the coming year and start automatic exchange of tax information starting in 2028. Photo: Shutterstock
Hong Kong Monetary Authority (HKMA)

Hong Kong financial hub gets gold star for governance, red flag on readiness

Hong Kong has been ranked the world’s No 4 financial hub in a new NYU Abu Dhabi index, but trails rivals on growth and innovation.

The inaugural Financial Centres Competitiveness Index (FFCI), unveiled at Abu Dhabi Finance Week, ranked Hong Kong fourth overall, behind New York, London and Singapore. Photo: Coco Feng
The inaugural Financial Centres Competitiveness Index (FFCI), unveiled at Abu Dhabi Finance Week, ranked Hong Kong fourth overall, behind New York, London and Singapore. Photo: Coco Feng
IPO

HashKey aims for US$214 million in Hong Kong IPO amid Beijing’s crypto pressure

Retail investors oversubscribe crypto exchange operator’s offering despite China central bank’s tough stance on virtual assets.

Hong Kong

Crypto exchange Gate weighs Hong Kong licence return amid high compliance costs

Hong Kong’s policies pose some difficulties and covering the cost of operating locally is difficult, founder and CEO Lin Han says.

Blockchain

Crypto giant Binance appoints co-founder He Yi as co-CEO

He, who has children together with founder Zhao Changpeng, will share the title with Richard Teng.

Binance co-founder and co-CEO He Yi speaks at the Hong Kong Web3 Festival in April. Photo: Matt Haldane
China digital currency

Beijing’s crypto warning casts shadow over Hong Kong’s stablecoin ambitions

Hong Kong’s pioneering stablecoin rules have attracted 30 applicants – will Beijing’s latest warning force the city to rethink its ambitions?

The People’s Bank of China has said stablecoins do not meet the mainland’s requirements on customer identification and anti-money laundering. Photo: Shutterstock
The People’s Bank of China has said stablecoins do not meet the mainland’s requirements on customer identification and anti-money laundering. Photo: Shutterstock
IPO

Hong Kong crypto exchange HashKey wins listing nod in test of investor appetite

HashKey could raise around US$300 million this month amid Hong Kong’s push to develop its digital asset sector.

Fintech

Does tokenisation in China risk a repeat of the P2P lending crisis?

Tokenisation provides value, but the interest of multilevel marketers raises ‘genuine concerns’, forum speaker says.

Advertisement
Advertisement
Advertisement
China economy

Bitcoin mining in China rebounds, defying 2021 ban

Individual and corporate miners exploit cheap electricity and a data-centre boom in some energy-rich provinces, miners and industry data say.

China crept back to third place with a 14 per cent share of bitcoin mining at the end of October, according to Hashrate Index. Photo: Shutterstock
China crept back to third place with a 14 per cent share of bitcoin mining at the end of October, according to Hashrate Index. Photo: Shutterstock
Fintech

Hong Kong and Malaysian firms launch tokenised AI infrastructure fund

‘World’s first’ global-grade AI infrastructure tokenised fund gives investors access to growing demand from Asean: Tykhe and Skyvast.

Fintech

Hong Kong’s tokenisation drive set to boost treasury centres, investments

Tokenisation could increase the efficiency of corporate treasury centres, which help clients manage global finances, market players say.

Cryptocurrency

Cryptocurrency market extends slide as bitcoin falls below US$86,000

The slump has options traders eyeing the US$85,000 threshold for market bellwether bitcoin.

Cryptocurrencies are in bear market territory. Photo: Shutterstock
Banking & finance

Asia-Pacific investors brace for market correction in 2026: survey

Top concerns include a potential tech bubble, geopolitical tensions and recession, according to Natixis.

An electronic board at the Lujiazui financial district in Shanghai showing the Shanghai and Shenzhen stock indices. Photo: Reuters
An electronic board at the Lujiazui financial district in Shanghai showing the Shanghai and Shenzhen stock indices. Photo: Reuters
Cryptocurrency

Chinese crypto founders shelve US$500 million ether digital asset treasury plan

Proponents call off the project amid the worsening cryptocurrency market conditions.

Fintech

China ‘cements global AI leadership’ as Hong Kong builds niche as innovation hub

Beijing’s state-led strategy is among governance models shaping AI competitiveness worldwide, think tank Deep Knowledge Group says.

Alibaba

‘Extreme fear’: bitcoin crash hits Hong Kong-listed firms tied to digital assets

Bitcoin dives below US$90,000, impacting firms that had boosted their shares by rolling out various digital asset strategies.

The crypto crash has thwarted digital asset treasury companies, whose main strategy is holding large amounts of cryptocurrencies. Photo: Handout
Help preserve 120 years of quality journalism.
SUPPORT NOW