Hong Kong

Highlights: MemeStrategy invests HKD 2.9M in Solana, becoming Hong Kong’s first listed firm in the SOL ecosystem. The company joins Solana’s Proof-of-Stake system, supporting network security and earning staking rewards. MemeStrategy’s stock surges 28% following its strategic move into blockchain […]

Highlights: Hong Kong is creating a crypto tracker system with the University of Hong Kong. Seven laundering cases using crypto have involved over HK$9 billion since 2021. An agency training workshop was conducted involving eight countries. The University of Hong […]

Highlights: Ant International plans to apply for licenses connected to stablecoins in three areas this year. The Whale platform processed one-third of Ant’s global payments using its own blockchain network in 2024. Countries like the US and South Korea are […]

Highlights: Professional investors will be allowed to trade crypto derivatives in Hong Kong. Tax incentives will support growth in virtual asset products. SFC approved staking and ETFs to diversify crypto investment tools. Professional investors in Hong Kong are going to […]

Highlights: Hong Kong’s stablecoin bill establishes a licensing regime for stablecoin issuers. Issuers must meet stringent regulatory requirements, including reserve asset management and redemption mechanisms. Hong Kong aims to become a global leader in Web3 infrastructure through this legislation. The […]

Highlights: The crypto laundering ring funneled HK$118M via 550 shell accounts 12 suspects linked to cross-border laundering were arrested in Hong Kong Local exchange shops were used by the syndicate to convert the scam funds. An operation by the police […]

Highlights: NiuNiu now lets users deposit and trade cryptocurrencies directly on the platform. Investors can switch between crypto and stocks using one app, making asset management easier. Futu plans to add withdrawal options and support more virtual coins in the […]

Highlights: Hong Kong will allow licensed platforms to offer staking services under strict rules. Platforms must get approval before offering services and must keep full control of staked assets. Virtual asset funds can participate in staking through licensed platforms. The […]

Highlights: HK Asia Holdings bought 10 BTC, raising its total to 18.88 BTC, worth $858K. The company sees Bitcoin as protection against fiat currency loss. It disclosed the purchase as required by HKEX rules for transparency. Hong Kong-based HK Asia […]

Highlights: Authorities have flagged a fake account that posed as the Chief Executive and promoted a coin called National Hong Kong Coin. Hong Kong lawmaker Johnny Ng confirmed the government is not involved in the project and warned the public […]

Highlights: Deribit eyes Hong Kong expansion, citing strong demand for crypto derivatives from family offices and asset managers. Hong Kong’s virtual asset roadmap attracts global crypto firms amid growing institutional interest. Deribit’s trading volume surged to $1.2 trillion in 2024, […]

Highlights: Infini was the target of a malicious attack that resulted in a $49.5 million loss. The scammers invested the proceeds from the hack incident in Ethereum. Reacting to the unfortunate event, the Infini founder accepted responsibility and promised to […]