RSS Items

The jurisdiction is the latest to approve exchange-traded funds for bitcoin, giving a boost to BTC.

Regulatory updates are also in the works for stablecoin issuers, OTC trading services and custodians.

Hong Kong could approve approve spot bitcoin (BTC) and ether (ETH) exchange-traded funds as early as Monday, Bloomberg said, citing two people familiar with the matter.

Operator of licensed Hong Kong exchange says raise will promote compliant, innovative global growth.

Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin and ether exchange-traded funds to its clients shortly after launching an investment platform in Hong Kong.

Public consultations on stablecoins and over-the-counter trading are already in progress.

HKEX said the index will provide investors with transparent and reliable benchmarks for Bitcoin and Ether pricing in the Asian time zone.

The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.

HKVAX is the latest exchange to receive approval.

Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.