Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1
The Securities and Futures Commission’s guidelines explicitly ban crypto gifts to incentivize retail investments, which likely includes airdrops.
Hong Kong
Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg
The firm is looking to capitalize on Hong Kong’s re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets.
Ripple Starts Platform for Central Banks to Issue Their CBDCs
The firm will also showcase a real estate tokenization product as part of Hong Kong Monetary Authority’s e-HKD pilot.
Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin
The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.
HashKey Group to Debut Regulated Exchange in Second Quarter
The exchange will be open to professional investors and the company is preparing to welcome retail users in “coming months.”
Crypto Exchange BitGet Starts $100M Asia-Focused Web3 Fund
BitGet started its fund as more crypto projects seek non-U.S. jurisdictions.