Investors are Comfortable With Bitcoin, Ethereum: Hong Kong Experts
Experts are starting to see a growth in the number of investors and investment firms that have become comfortable with Bitcoin and Ethereum, despite their recent volatility. In an interview with CNBC, experts including major Chinese bitcoin exchange BTCC CEO Bobby Lee and Dave Chapman, managing director of Hong Kong-based commodities and digital assets trading house Octagon Strategy, revealed that investors have become resilient toward the volatility of Bitcoin and Ethereum. Getting into mainstream. Chapman stated: "We're now sort of at ... a tipping point, where people are now....
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Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges operating in Hong Kong. Hong Kong’s New Crypto Regulation The CEO of the SFC, Ashley Alder, talked about implementing a new cryptocurrency regulatory framework at Hong Kong Fintech Week on Tuesday. All cryptocurrency trading platforms operating in Hong Kong or targeting local investors will be required to apply for a license with the SFC, Radio Television Hong Kong (RTHK) reported. “Later....
Hong Kong’s securities regulator has warned investors to be wary of risks that are associated with non-fungible tokens (NFTs). The regulator also advised investors to consider investing in NFTs only if they fully understand the risks.
NFTs ‘Straddle the Line Between Collectibles and Financial Assets’
A Hong Kong regulator has said NFTs face risks that are associated with other virtual assets and investors should not invest in these assets if they do not fully understand such risks.
According to a report by Interface News, the Hong Kong Securities....
The Ethereum venture studio said it will work on implementing Hong Kong and Thailand's cross-border CBDC.
SEBA Bank, a Switzerland-based crypto-focused bank, has secured an in-principal license to offer crypto services in Hong Kong. SEBA’s Hong Kong unit announced this achievement on August 30. The Securities and Futures Commission (SFC) license allows the bank to offer over-the-counter crypto derivatives and other products in Hong Kong. Also, SEBA Hong Kong said it […]