BlackRock’s Entry Into Crypto Matters More Than U.S. Election, QCP Capital’s Darius Sit Says
BlackRock CEO Larry Fink on CNBC means more to QCP’s founder and chief investment officer rather than presidential candidates promoting crypto.
Hong Kong
Crypto Trading Firm DWF Labs Fires a Partner After Drink-Spiking Allegations
Hong Kong (Fidel Fernando/Unsplash)
As Hong Kong Firms Downsize, Animoca Built a Workspace the Size of 10 Tennis Courts
As law firms and traditional finance companies cut back on office space, Yat Siu’s Animoca is taking advantage of the renter’s market to expand its headquarters, reinforcing its commitment to Hong Kong as a global Web3 and digital culture hub.
Hong Kong Gearing up to Approve More Cryptocurrency Exchange Licenses by Year End: SFC
HKVAX is the latest exchange to receive approval.
Animoca’s Timeline to Go Public Would Depend on The Market’s Status: Yat Siu
Animoca Brands is hoping to go public soon but the final decision on the timeline is dependent on a key component, the “market’s status, amongst other” aspects, the Web3 giant’s chairman Yat Siu told CoinDesk in Singapore on Monday.
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 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.