Hong Kong Markets Authority Opens Its Tokenization Sandbox and Major Institutions Dive In
HSBC bank completed three proof of concepts in Hong Kong’s Ensemble sandbox.
Hong Kong
Hong Kong Regulator Finds ‘Unsatisfactory Practices’ at Some Crypto Entities Seeking Full License: Report
Hong Kong’s Securities and Futures Commission (SFC) has found “unsatisfactory practices” at “some” of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections, Bloomberg reported on Thursday citing people familiar with the situation.
Hong Kong’s Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report
For the moment, only bitcoin and ether can be traded, while the company works on “expanding our crypto offerings in the near future.”
Standard Chartered, Animoca, and Three Others Join HKMA’s Stablecoin Sandbox as Participants
In March, the HKMA started a regulatory sandbox to give potential stablecoin issuers immunity in testing certain operations.
Crypto Exchange OKX Withdraws Hong Kong License Application
The exchange’s action follows that of Huobi Hong Kong and several other applicants earlier this month.
Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets
The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.
Huobi Hong Kong Withdraws License Application for the Second Time
Hong Kong (Ruslan Bardash / Unsplash)
Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors
Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.
Kraken’s Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg
CEO Sui Chung sees South Korea and Israel as the next markets to list crypto ETFs.
Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash
Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.