News
Metaplanet has reached 50% of its goal to accumulate 10,000 BTC by the end of 2025 following its latest purchase.
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Hong Kong News
Hong Kong, officially the Hong Kong Special Administrative Region of the People's Republic of China, is an administrative district of China and one of the leading economic centers not only in Asia, but in the world. The main feature of the district is that it has the right to craft its own legislation. The economy of the territory has a free market, low taxes and governmental non-interference, all of which attracts people to use virtual currencies on the market. The attitude toward cryptocurrency differs between China and Hong Kong, as the first one has banned both the use of digital currencies as a payment and conducting ICO. In Hong Kong, there has not yet been any regulation of Bitcoin and the government doesn’t see any necessity for implementing any. The cryptocurrency market in Hong Kong has various platforms and projects, which makes this area very decent for related businesses.
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HashKey Capital has launched Asia’s first XRP Tracker Fund with early investment from Ripple, aiming to convert it into an ETF.
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Hong Kong’s Securities and Futures recently changed its rules to allow certain entities to offer crypto staking in a bid to make the city a Web3 hub.
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CZ and Vitalik Buterin demonstrated the collaborative spirit of the blockchain ecosystem at the BNB Chain gathering in Hong Kong.
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The approval means HashKey can provide “ETH staking services for spot ETFs,” said HashKey’s managing director, Terence Pu.
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Hong Kong’s Securities and Futures Commission has introduced new crypto staking rules as part of its broader effort to position the city as a leading Web3 hub.
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Infini cited developer Chen Shanxuan and three unidentified persons as defendants in a lawsuit filed in Hong Kong.
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Hong Kong’s fintech market is projected to hit $606 billion by 2032, driven by blockchain, digital assets, AI and a proactive Web3 licensing regime.
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Animoca Brands co-founder and executive chairman Yat Siu expects continued growth through 2025 due to a more crypto-friendly regime in the US.
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Hong Kong’s Cyberport expands AI and Web3 research with $125 million in funding, boosting blockchain development and AI talent programs.
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The Future of Mining event introduced Ledger’s security infrastructure to the Bitcoin mining ecosystem through a new partnership.
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Shares in HK Asia Holdings Limited nearly doubled after it bought its first Bitcoin a week ago, and now the investment firm just bought another 7 BTC.
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The five-pillar ASPIRe strategy aims to tackle liquidity fragmentation, regulatory arbitrage and market volatility while fostering blockchain innovation.
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Hong Kong financial secretary Paul Chan Mo-po says an exciting upcoming development is the intersection of AI and blockchain, which he said would create more use cases.
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HK Asia Holdings Limited has seen its shares nearly double in a day after it shared that it had purchased a single Bitcoin.
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