Why Bitcoin And NFTs Are Attracting The Super Wealthy In Hong Kong
Bitcoin and non-fungible tokens are among the hottest trends in the crypto space today, and those with the wherewithal don’t mind shelling out excessive amounts of dough to invest in them. On To Bitcoin… Even when currently trading at a price that is 72% lower than its November 2021 all-time high, BTC still leads all […]
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FTX responded to the report about 3comma, the website for automated trading users exploited on their platform. The crypto exchange CEO, Sam Bankman Fried, said bad actors used a phishing scheme to steal critical information and millions of dollars in cryptocurrency. Related Reading: Why Bitcoin And NFTs Are Attracting The Super Wealthy In Hong Kong […]
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....
Swiss bank UBS Group AG has now entered the cryptocurrency arena alongside global banking giant HSBC Holdings Plc, enabling wealthy clients in Hong Kong to engage in the trading of specific cryptocurrency-linked exchange-traded funds. This strategic decision not only reflects a growing trend among major banks but also underscores Hong Kong’s aspirations to establish itself […]
According to a study jointly published by KPMG China and Aspen Digital, about 58% of Singapore and Hong Kong’s family offices and high-net-worth individuals have invested in digital assets. Reports suggest the info shows the crypto market downturn has not diminished the super-rich’s interest in digital assets, and is unlikely to dissuade them from increasing their holdings of these assets. Singapore and Hong Kong’s Super-Rich Increasingly Interested in NFTs Nearly 60% of family offices and high-net-worth individuals (HNWI) from Hong Kong and Singapore have invested in....
Hong Kong is one of the most important financial centres of the world, but with limited space and high demand, property in Hong Kong has always been in short supply. Simplifying home ownership in Hong Kong is therefore a prime concern for the Hong Kong government, which has undertaken a number of measures in the last few years to make home ownership both affordable and easy. The Nikkei Asian Review reported that as recently as early November, the Hong Kong government raised stamp duty to cool down the boiling Hong Kong housing market. This measure of the government was mainly aimed at....