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ZA Bank supports stablecoin issuers for web3 adoption

News | Cryptocurrencies | 08 Apr 2024

Hong Kong-based ZA Bank has announced plans to offer banking services for stablecoin issuers to cater to the increase in local web3 adoption.

stablecoin, web3, banking, digital assets, regulation

HKVAEX withdraws licence application in Hong Kong

News | Cryptocurrencies | 01 Apr 2024

Hong Kong-based crypto exchange HKVAEX has decided to withdraw its licence with the Securities and Futures Commission.

regulation, compliance, cryptocurrency, cryptocurrency exchange

Alchemy Pay adds new BINs for Hong Kong virtual crypto cards

News | Cryptocurrencies | 10 Jan 2024

Singapore-based crypto payment gateway Alchemy Pay has added additional card BINs for its Hong Kong Crypto Virtual Card, expanding spending options.

cryptocurrency, web3, Visa, MasterCard, payment methods

AIA Carnival integrates cryptocurrency payments with hi

News | Cryptocurrencies | 20 Dec 2023

Hong Kong-based outdoor events company AIA Carnival has partnered with Web3 financial super app hi to integrate crypto payments.

cryptocurrency, digital payments, partnership, web3

Introducing atomic settlement via programmable payment and tokenized fund

Interviews | Online & Mobile Banking | 06 Dec 2023

Eddie Lau, Co-CEO of Arta TechFin, reveals its solution for cash management for low balance retail investors in the HKMA’s e-HKD Pilot Programme.

DLT, tokenization, CBDC, stablecoin, settlement

Hong Kong SFC revises ZA Bank's licence registration

News | Online & Mobile Banking | 23 Nov 2023

The Hong Kong Securities and Futures Commission (SFC) has revised ZA Bank’s licence registration and granted the bank permission to launch US stock trading.

investment, online banking, mobile banking, digital banking, banking license

Standard Chartered-owned Zodia Custody launches in Hong Kong

News | Cryptocurrencies | 30 Oct 2023

Standard Chartered-owned crypto security company Zodia Custody has announced the expansion of its services and solutions in the region of Hong Kong.

expansion, cryptocurrency, crypto, crypto asset, compliance

HashKey Exchange and Purise partner for a compliant financial future

News | Cryptocurrencies | 30 Oct 2023

Hong Kong-based HashKey Exchange and Purise, a Web3 data services provider, have partnered to globally offer compliant digital asset trading and data analytics.

digital assets, cryptocurrency, web3, data analytics, compliance

SEBA Bank receives an approval-in-principle from the Hong Kong SFC

News | Cryptocurrencies | 30 Aug 2023

The Hong Kong subsidiary of SEBA Bank has received an approval-in-principle from the Hong Kong Securities and Futures Commission.

banks, cryptocurrency, virtual asset, compliance

OKX to set up VASP entity in Hong Kong

News | Cryptocurrencies | 29 Mar 2023

OKX, the crypto exchange and Web3 technology company, has set up a Hong Kong entity for launching virtual asset services in the country.

virtual asset, digital assets, blockchain, cryptocurrency

Regulating crypto in a post-FTX world - initiatives and timelines

Voice of the Industry | Cryptocurrencies | 20 Mar 2023

In the wake of the FTX meltdown from November 2022, governments and financial regulators from around the world are working on regulating crypto.

regulation, compliance, cryptocurrency, digital assets, crypto asset, crypto

Gate.io to apply for a licence in Hong Kong

News | Cryptocurrencies | 27 Feb 2023

Cryptocurrency exchange Gate.io has revealed its plans to apply for a licence in Hong Kong and to launch a platform designed for the Hong Kong market.

regulation, compliance, product launch, cryptocurrency exchange

Huobi Global and OKX to apply for licences in Hong Kong

News | Cryptocurrencies | 22 Feb 2023

China-based cryptocurrency exchanges Huobi Global and OKX have revealed their plans to apply for licences in Hong Kong considering upcoming regulations.

regulation, compliance, cryptocurrency exchange, cryptocurrency

HashKey partners ZA International to invest in digital assets

News | Cryptocurrencies | 15 Dec 2022

HashKey Group, a Hong Kong-based digital asset management and blockchain solutions provider, has partnered with digital insurer ZA International to invest in digital assets, Web 3.0, and DLT.

partnership, cryptocurrency, blockchain, digital assets, Web 3.0, DLT

The FTX crash – Latest news round-up as of 16 November 2022

Voice of the Industry | Cryptocurrencies | 16 Nov 2022

The Paypers has put together the latest and most relevant news on the FTX crash and its impact on the crypto world as a whole.

cryptocurrency, digital assets, regulation, crypto asset

Hong Kong wants to allow retail investors to trade in cryptocurrencies

News | Cryptocurrencies | 31 Oct 2022

The government of Hong Kong and the SFC have taken steps to legalise retail cryptocurrency trades in order to restore the city’s reputation as a fintech hub.

cryptocurrency, digital ass, regulation, crypto asset

UBS fined with USD 1.5 mln for compliance breaches by Hong Kong regulator

News | Digital Identity, Security & Online Fraud | 04 Aug 2021

Swiss bank UBS has been fined USD 1.5 million by Hong Kong’s securities regulator for failing to disclose its holdings in some companies covered in its research reports, the watchdog said.

banks, compliance, transaction monitoring

Hong Kong's proposed crypto rules could drive traders away

News | Cryptocurrencies | 16 Feb 2021

A cryptocurrency advocacy group has warned that Hong Kong’s proposed rules on restrict cryptocurrency investment could drive traders toward unregulated platforms.

Hong Kong, crypto trading, crypto regulation, cryptocurrency investment, FSTB, digital assets, GDF

Hong Kong to regulate cryptocurrency trading platforms

News | Cryptocurrencies | 03 Nov 2020

Hong Kong-based markets watchdog has announced to regulate all cryptocurrency trading platforms operating in the financial hub, according to Reuters.

Hong Kong, SCF, cryptocurrency, trading, platform, crypto, Securities and Futures Commission, Bitcoin, Token, security, future

Crypto exchange OSL to receive green lights from Hong Kong regulator

News | Cryptocurrencies | 24 Aug 2020

OSL Digital Securities, a Hong Kong-based cryptocurrency exchange, has received a landmark approval-in-principal from the Securities and Futures Commission (SFC).

OSL Digital Securities, crypto exchange, licence, Honk Kong, AML, KYC, digital assets