OKLINK, a subsidiary of OKX, observes that Hong Kong's acceptance of an Ethereum spot ETF could lead to Layer-1 tokens like Solana becoming ETFs, increasing Hong Kong's attractiveness for crypto projects.
Hong Kong residents can now open personal digital yuan (e-CNY) wallets, a Hong Kong Monetary Authority initiative in collaboration with the People's Bank of China, promoting cross-border digital currency use.
The Hong Kong Monetary Authority, in collaboration with the People’s Bank of China, announced that Hong Kong residents can now create e-CNY wallets for digital yuan transactions, marking a significant step in cross-border payment facilitation.
Hong Kong extends pilot program for e-CNY, China's digital yuan, under the leadership of HKMA and PBOC, boosting the cryptocurrency's adoption scope.
Hong Kong launches a pilot program for China's digital yuan (e-CNY), its first application outside the mainland, for improving cross-border transactions and financial integration.
Hong Kong residents can now open personal digital wallets for e-CNY, China's digital currency, to enable cross-border payments.
Hong Kong has initiated a pilot program allowing residents to use China's Central Bank Digital Currency, the digital yuan, signifying a major step in the integration of the CBDC.
Hong Kong starts a pilot program to facilitate digital yuan payments through major Chinese banks, bolstering China's digital currency global outreach by enabling residents to transact directly with mainland China merchants.
The Hong Kong spot bitcoin ETFs have shown a lackluster performance post-launch, with modest net assets of $228 million and variable inflows and outflows, including recent net negative outflows of about 104.79 BTC.
The Hong Kong Monetary Authority and the People’s Bank of China have expanded the digital yuan pilot. Hong Kong residents can set up and top up e-CNY wallets, linking to the Faster Payment System for the first time.
Hong Kong's Bitcoin ETFs see diminished interest, with trading volumes and asset management falling short of the U.S. despite high expectations.
Hong Kong has started a pilot program for the digital yuan, enabling transactions via 17 banks with the FPS system.
Hong Kong users can now set up personal e-CNY wallets for cross-border payments with the mainland, facilitated by the Faster Payment System and 17 retail banks in the city.
Hong Kong is broadening its trial with China's digital yuan, permitting residents to establish e-CNY wallets and use them for retail payments.
Deepfake technology featuring Elon Musk has been used in cryptocurrency scams across Asia, including the recent “Quantum AI” scam in Hong Kong, exploiting his image to defraud investors.
Hong Kong's digital yuan, e-CNY, allows wallet creation with a phone number but is limited to cross-border transactions, lacking person-to-person transfer capabilities within Hong Kong.
U.S. Bitcoin ETFs showcase strong growth with 5x more BTC being purchased than what was mined in the same week. Hong Kong Bitcoin ETFs experience outflows, while U.S. spot Bitcoin ETFs record $257 million in net inflows, signaling robust market interest.
Hong Kong has introduced e-CNY digital wallets geared towards cross-border transactions, excluding local person-to-person transfers.
In Hong Kong, three employees of a crypto exchange were apprehended for a scam involving "hell banknotes," tricking a customer out of HK$1 million. The case marks a notable fraudulent event within the local crypto industry.
Mastercard and Standard Chartered Bank Hong Kong successfully completed a test for tokenized deposits via Mastercard's MTN, leveraging the Stellar blockchain, under Hong Kong's fintech regulatory sandbox.
Huobi Global's Hong Kong subsidiary, HTX, has again withdrawn its application for a crypto trading license from the SFC in Hong Kong, prompting speculation.
In Hong Kong, three employees from a crypto exchange scam have been arrested for deceiving a customer into exchanging HK$1 million for counterfeit notes, known as 'hell banknotes'.
Huobi (HTX) withdraws its license application for a virtual asset trading platform in Hong Kong, prompting the closure of its operations. This is the second time Huobi's Hong Kong affiliate, previously Huobi Global, has made this move.
Huobi Global's subsidiary HTX has withdrawn its application for a cryptocurrency trading license from Hong Kong's Securities and Futures Commission for the second time, raising concerns about its ability to operate legally in the region.
Huobi HK, part of HTX, has again withdrawn its application for a virtual asset trading platform license in Hong Kong, marking the second cancellation of its attempt to secure a license from the SFC.
Ethereum-based strategy game Apeiron announces a $1 million esports championship tournament to be held in Hong Kong, with players having the opportunity to win a share of the substantial prize pool.
Huobi HK has retracted its virtual asset trading platform license application with Hong Kong's SFC, marking the second withdrawal after the initial submission and retraction in February.
Huobi HK has once again withdrawn its application for a VATP license in Hong Kong, as reported on the SFC's website.
Interest in Bitcoin ETFs is surging, with U.S. funds attracting investments and Hong Kong ETFs experiencing outflows, indicating a mixed market sentiment about Bitcoin's future.
Bitcoin (BTC) displays signs of recovery despite a three-day streak of outflows from Hong Kong's ETFs, with factors such as ETF activity and price stability indicating restored investor confidence.
Bitcoin is displaying potential recovery signals due to ETF activity and price stability, despite a three-day streak of withdrawal from Hong Kong's spot Bitcoin ETFs amounting to 519.5 BTC.
Bitcoin is displaying signs of recovery due to ETF activities and price stabilization, hinting at a bullish trend supported by price chart analysis.
Hong Kong's Bitcoin and Ethereum ETFs witnessed their largest outflow since inception on May 13, with a combined $39.3 million leaving the funds. This could impact Bitcoin (BTC) and Ethereum (ETH) market sentiment.
Hong Kong's Bitcoin and Ethereum ETFs have experienced the largest net outflows since their launch on May 13, reflecting a major decline in investor sentiment.
Hong Kong's cryptocurrency ETFs faced a sharp decline with net outflows of $39 million affecting all six funds in a single day.
Bitcoin and Ethereum ETFs in Hong Kong witnessed heavy outflows after Bitcoin dropped below $61,000, marking a significant downturn for these recently launched funds.
The Bitcoin Asia conference in Hong Kong, organized by Bitcoin Magazine, refocuses attention on China's stance towards cryptocurrency. Harvest CEO Han Tongli hinted at potential developments in the Chinese crypto scene during his speech at the event.
The recently launched Bitcoin and Ethereum ETFs in Hong Kong have experienced a new development.
Hong Kong's Bitcoin and Ether ETFs experienced a sharp increase in outflows, reaching $39 million on a single Monday, a substantial jump from the typical $6 million.
The Stock Exchange of Hong Kong (HKEX) has confirmed that cryptocurrency ETFs are not available in Mainland China, due to the Chinese government's concerns about bypassing capital controls.
Hong Kong SFC warns of deepfake scams in crypto, a local exchange falsely promoted Elon Musk as lead developer using deepfake technology.
Hong Kong's launch of spot Bitcoin ETFs significance is highlighted at Bitcoin Asia 2024, with notable interest from mainland Chinese investors among the 5,500 conference attendees.
A Hong Kong female crypto investor was kidnapped over a $1.9 million Bitcoin dispute, the second case in Sheung Shui, escalating concerns about crypto-related crimes.
In Hong Kong, a female cryptocurrency investor was kidnapped over a $1.9 million financial dispute. She was attacked with a stun gun in Tai Lau Leng village.
The Bitcoin Asia conference in Hong Kong drew 5,500 attendees, underscoring strong regional interest in cryptocurrency. The city's regulatory autonomy was a focal point of discussion, signaling a new era for crypto in Asia.
The Bitcoin Asia conference by Bitcoin Magazine in Hong Kong saw over 5,500 attendees, indicating strong regional interest in cryptocurrency.
Hong Kong companies owning Bitcoin Spot ETFs are creating Bitcoin-backed mortgages, capitalizing on their financial hub status and interest from mainland China, even with the country's restrictions.
Executives of Bitcoin spot ETF holding companies in Hong Kong are developing a new BTC-based product, focusing on a 'Bitcoin Collateralized Mortgage'.
A female crypto investor was kidnapped in Hong Kong due to a HK$15 million crypto investment dispute involving Bitcoin. She was released an hour later, and the police are looking for four suspects.
The Bitcoin Asia conference in Hong Kong attracted a significant crowd of 5,500 attendees, highlighting its influence in the cryptocurrency community.
A 70-year-old businessman and his son in Hong Kong were arrested for allegedly kidnapping and assaulting a crypto investor over a $1.9 million dispute.
Hong Kong's Bitcoin ETFs see second day of outflows, primarily from China Asset Management's fund, as 80.16 BTC is withdrawn.
Spot Bitcoin ETFs in Hong Kong face their second day of net outflows, marking a trend in the region.
Canaan introduces a new miner, the A1566, in Hong Kong, designed to be more energy-efficient and cost-effective with superior data processing capabilities.
A Hong Kong businessman and his son have turned themselves into police for their alleged involvement in the kidnapping of a cryptocurrency investor, to whom they owed millions in crypto investments.
Harvest Global Investments plans to open Hong Kong's first Bitcoin and Ethereum ETFs to mainland Chinese investors via the Stock Connect, enhancing cryptocurrency accessibility in China.
Harvest Global Investments intends to open Hong Kong's first spot Bitcoin and Ethereum ETFs to mainland Chinese investors via the Hong Kong Stock Connect, potentially broadening the investor base and impacting the cryptocurrency market.
Hong Kong police have detained a businessman whose family owns the vehicle used in the kidnapping of a crypto investor who failed to repay over $1.9 million.
Three spot Bitcoin ETFs in Hong Kong experienced a net outflow of approximately 90.16 BTC on Thursday, reports SosoValue.
Binance counters WSJ's claims of firing a manipulation investigator, while Hong Kong's crypto ETFs see a $50B equivalent surge.
Bitcoin's recent value surge revitalizes interest in the crypto market, indicating a potential global financial shift, as observed by experts.
Bitcoin's substantial price surge has revitalized interest in cryptocurrencies, particularly in Hong Kong, where recent developments indicate a thriving market, highlighted by the rise of crypto ETFs and a consequential boost to altcoins.
Hong Kong's crypto market is flourishing due to heightened Bitcoin value, institutional adoption, and burgeoning DeFi interest. The popularity of crypto ETFs is indicative of the market's dynamic growth.
Bitcoin's (BTC) 6-week correction phase seems to be ending with a solid support level around $61k. Institutional demand and Hong Kong's approval of a spot BTC ETF suggest a possible price rebound, as noted by CryptoCapo and traders.
Hong Kong enhances the cryptocurrency market by adopting crypto ETFs, leading to a surge with Bitcoin at the forefront, implying market maturity and mainstream acceptance.
Bitcoin's surge in value has heightened investor interest, with a focus on cryptocurrency Exchange-Traded Funds (ETFs) in Hong Kong.
Hong Kong embraces crypto ETFs, signaling increased institutional interest and adoption, as Bitcoin hits a new all-time high, a sign of cryptocurrency acceptance.
Hong Kong is advancing in the cryptocurrency sphere by launching new Crypto ETFs, which are anticipated to substantially influence its regional crypto market.
Bitcoin's price has fallen below $61,000 due to increased regulation and a hawkish Federal Reserve. Hong Kong's strategic $1 billion initiative may mitigate some of the negative effects.
SlowMist has linked a $71 million WBTC hack to IP addresses in Hong Kong, after a sophisticated phishing attack on a large trader resulted in the theft of a significant amount of WBTC tokens.
The article discusses the numerous vacant trading shops in Hong Kong following the collapse of local crypto exchange JPEX, highlighting the volatile nature of the crypto industry.
Bitcoin's price experiences a slight dip, while attention turns to Hong Kong's $1B liquidity fund for crypto ETFs, with implications for an upcoming bull market led by Asia.
A $1 billion liquidity fund has been introduced in Hong Kong to potentially trigger a bullish trend in the Bitcoin market, raising questions on Asia's leading role in the next bull market.
Hong Kong-based Monolith Management has invested significantly in Bitcoin via BlackRock, making it their fifth largest portfolio position.
The Hong Kong SFC has issued a warning about Quantum AI, a fake crypto exchange deceiving people by claiming a link to Elon Musk.
Bitcoin sees $284 million in outflows from investment products, with institutional investors likely spooked by the price dropping below their estimated average purchase price, leading to sell orders. However, new Hong Kong ETFs show promise with substantial inflows, as Ethereum and other altcoins gain investment.
Wintermute collaborates with OSL and HashKey to provide liquidity support for new spot Bitcoin ETFs in Hong Kong, marking a significant step in the region's cryptocurrency market.
A fraudulent crypto exchange platform used AI to create fake videos of Elon Musk to promote their services.
DeFi projects anticipate growth as Hong Kong embraces the global trend of launching crypto ETFs, reflecting significant expansion in the DeFi market despite its inherent volatility.
Ethereum experiences a significant $30M inflow, attributed to the launch of ETFs in Hong Kong and the anticipation of a positive regulatory response from the U.S.
Hong Kong's licensed exchange HashKey has listed Toncoin (TON) for professional investors.
Three Asian-based ventures collaborate to launch Hong Kong's inaugural ETF liquidity fund, valued at HK$1 billion ($128 million).
Wintermute, a crypto market maker, is now providing liquidity for newly launched spot Bitcoin and Ethereum ETFs in Hong Kong.
Wintermute expands its services to Asia by becoming a liquidity provider for new Hong Kong-listed spot Bitcoin and Ether ETFs.
Hong Kong's HKMA has launched Project Tokenization, promoting asset tokenization and signaling a progressive stance towards cryptocurrency and digital assets, potentially heralding a new era for Bitcoin and crypto adoption in the region.
Bitcoin (BTC) is on a recovery path, but institutional crypto funds experienced outflows last week, with altcoin interest also waning, says Coinshares report.
A Chinese millionaire's corporation, Monolith Management, has invested in Bitcoin Spot ETF shares, signaling continued interest in cryptocurrency among Chinese investors amidst regulatory challenges.
Chainlink partners with RD Technologies to provide Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve (PoR) for the Hong Kong dollar stablecoin, marking a significant event in cryptocurrency.
Hong Kong's Bitcoin ETFs face initial outflows, a hiccup in their growth, yet cumulatively holding impressive $262 million. This reflects broader market trends amid heightened global interest.
Hong Kong's central banking institution, the HKMA, has established the Project Ensemble Architecture Community to forward asset tokenization, bringing together regulators and industry stakeholders.
Hong Kong's new Bitcoin and Ethereum spot ETFs have seen promising performance and investor interest in their first trading week, showcasing a significant milestone for cryptocurrency adoption in the region.
Hong Kong is advancing in the cryptocurrency sector by focusing on tokenization and implementing a Central Bank Digital Currency (CBDC) with a dedicated task force.
Hong Kong introduces new measures to enhance its position in the cryptocurrency industry, focusing on the development of the tokenization market and the adoption of central bank digital currency (CBDC).
The HKMA is establishing the Project Ensemble Architecture Community to promote interoperability between wholesale CBDC and tokenized assets.
Grayscale Bitcoin Trust (GBTC) sees investor funds inflow for the first time since January, suggesting renewed interest following the approval of US spot Bitcoin ETFs.
Bitcoin has experienced a significant increase in value which experts believe is due to rising institutional investment and acceptance of cryptocurrencies. This optimism is fueled by high trade volumes of Hong Kong ETFs, positively impacting Bitcoin's market.
Bitcoin and Ethereum have seen value surges due to increasing acceptance by financial institutions, as highlighted by the rising trade volumes of ETFs in Hong Kong, signaling growing mainstream adoption and sparking optimism among crypto experts.
Bitcoin hit a new all-time high, driven by increased institutional interest and adoption, reflecting in the rising trade volume of Hong Kong ETFs. This surge has sparked optimism among crypto experts, potentially impacting Bitcoin (BTC) and Ethereum (ETH) positively.
The recent rise in ETF trade volume in Hong Kong is generating optimism among financial experts, who view it as a positive indicator for the crypto market and Bitcoin.