Hong Kong police arrest 27 in $46m deepfake crypto romance scam
Hong Kong police have dismantled a deepfake romance scam that swindled men out of $46 million through fake cryptocurrency investments.…
Hong Kong’s SFC set to approve batch of new crypto licenses by end of year
The Hong Kong Securities and Futures Commission plans to approve a batch of new crypto licenses by the end of…
Hong Kong’s ZA Bank becomes first virtual bank to get SFC license
ZA Bank becomes the first Hong Kong digital-only bank to gain a license from the Securities and Futures Commission for…
Goldman Sachs-backed blockchain infrastructure provider Blockdaemon eyes 2026 IPO: report
Blockchain infrastructure provider Blockdaemon, which powers institutional clients such as OneDegree and CoinShares, may be eyeing a public listing in…
Hong Kong eyes SFC involvement in crypto OTC licensing: report
Hong Kong is reportedly considering involving the local securities regulator in licensing over-the-counter crypto trading services. Over-the-counter crypto trading services…
Crypto millionaires population up 95% in one year, survey shows
The number of crypto millionaires nearly doubled in 2024, reaching 172,300 as spot Bitcoin ETFs and other crypto assets surged.…
Hong Kong lawmaker calls for legal framework to regulate DAOs
A Hong Kong lawmaker calls for a legal framework to regulate DAOs following a court ruling on a decentralized organization.…
Hong Kong’s crypto ambitions tested by licensing issues: report
Hong Kong’s crypto hub ambitions face hurdles as more than a dozen exchanges struggle to secure full licenses due to…
Web3 challenges lead Hong Kong official to push for virtual bank expansion
Hong Kong legislator Johnny Ng has called for an expansion of virtual bank services to address hurdles faced by web3…