Tag Archives: sfc

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

CoinspeakerHong Kong Welcomes FinTax to Simplify Tax Reporting as Crypto Adoption Increases This new software, FinTax, will make tax calculations for crypto assets easy. Hong Kong Welcomes FinTax to Simplify Tax Reporting as Crypto Adoption Increases

CoinspeakerHashKey Partners Aptos Foundation to Improve Blockchain Based on the published statement, HashKey DID integration will promote easy verification for users across different platforms. HashKey Partners Aptos Foundation to Improve Blockchain

CoinspeakerHong Kong SFC Warns Public against HKCEXP for Suspected Crypto Fraud  The SFC disclosed the exchange provided a fake address for its location in Hong Kong on its website to gain investors' trust. Hong Kong SFC Warns Public against HKCEXP for Suspected Crypto Fraud 

CoinspeakerHong Kong SFC Issues Warning against MEXC Crypto Platform for Unlicensed Activities Although MEXC faces no dire­ct allegations of wrongdoing, its past operations without appropriate lice­nses across various regions signal potential risks. Hong Kong SFC Issues Warning against MEXC Crypto Platform for Unlicensed Activities

Coinspeaker22 Crypto Firms Seek Operational Licenses in Hong Kong Jurisdictions like Hong Kong offer a middle ground, balancing investor protection with fostering innovation and economic growth. 22 Crypto Firms Seek Operational Licenses in Hong Kong

Aside from Hong Kong, another country that has contributed significantly to the growth of the Asian crypto economy is Singapore.  As the curtain draws nearer towards the end of 2023, Hong Kong has emerged as a significant player in shaping the regulatory landscape for crypto assets in Asia, the Block reported on Tuesday. Despite the many challenges faced in other jurisdictions around the world, there has been notable progress in the regulatory environment for the digital asset industry...

Regarding custody arrangements, the SFC emphasizes that the fund’s trustee or custodian can delegate its crypto custody function solely to an SFC-licensed VATP or entities meeting the crypto custody standards set forth by the HKMA. Hong Kong has announced its readiness to receive applications from traditional financial companies interested in exploring the emerging economy by creating exchange-traded funds (ETFs) tracking spot-based cryptocurrencies. The country already allows...

Hong Kong’s top financial regulator SFC shows willingness to allow retail players to gain access to spot crypto ETFs while ensuring that risks are addressed properly. Hong Kong regulators are assessing whether they can allow retail investors to seek exposure to spot crypto ETFs that directly invest in crypto assets. Julia Leung, the Chief Executive Officer of the Securities and Futures Commission said that the city is considering granting retail investors access to spot ETFs, contingent...