Hong Kong

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Hong Kong is a significant hub in the global cryptocurrency landscape, home to numerous blockchain companies, crypto exchanges, and enthusiasts. The region boasts a robust regulatory framework, fostering a conducive environment for crypto-related activities. Renowned crypto exchanges like Bitfinex and OKEx are headquartered here, facilitating vast daily trading volumes. Hong Kong's blockchain networks are advanced, supporting various protocols and fostering innovation in the crypto space. The region's crypto community is diverse, involving investors, traders, developers, and blockchain startups. Despite its traditional finance background, Hong Kong has embraced the digital asset revolution, positioning itself as a leading player in the crypto world.

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(Dan Freeman/Unsplash)
Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms
Hong Kong's push to be seen as a major crypto hub could come under scrutiny if several or some of the 18 applicants for a license don't move past this important deadline.
(Dan Freeman/Unsplash)

Hong Kong (Dan Freeman/Unsplash)
Crypto Exchange OKX Withdraws Hong Kong License Application
The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month.
Hong Kong (Dan Freeman/Unsplash)

On Jan. 31, the PCPD entered six premises involved in the Worldcoin project with court warrants for investigations. (PCPD)
Worldcoin Operations Violate Privacy and Should Cease, Hong Kong Regulator Says
Privacy Commissioner for Personal Data personnel visited 10 of the project's locations in December and January.
On Jan. 31, the PCPD entered six premises involved in the Worldcoin project with court warrants for investigations. (PCPD)

Fantom Token Jumps; Dolce & Gabbana Sued for NFT Deliveries
Fantom Token Jumps; Dolce & Gabbana Sued for NFT Deliveries
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Fantom blockchain's FTM token rose 13% in the past week, outpe...
Fantom Token Jumps; Dolce & Gabbana Sued for NFT Deliveries

Hong Kong harbor skyline view into Kowloon
Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets
The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.
Hong Kong harbor skyline view into Kowloon

Hong Kong (Ruslan Bardash / Unsplash)
Huobi Hong Kong Withdraws License Application for the Second Time
HBGL Hong Kong Limited, the entity behind Huobi Hong Kong, first withdrew and then re-submitted its application for a Hong Kong VATP license in February.
Hong Kong (Ruslan Bardash / Unsplash)

Hong Kong harbor skyline view into Kowloon
Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors
Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.
Hong Kong harbor skyline view into Kowloon

Coinbase's Blowout First Quarter; Could Hong Kong ETFs See $1B AUM by 2024 End?
Coinbase's Blowout First Quarter; Could Hong Kong ETFs See $1B AUM by 2024 End?
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the blowout first quarter of Coinbase where the crypto...
Coinbase's Blowout First Quarter; Could Hong Kong ETFs See $1B AUM by 2024 End?

Hong Kong (Ruslan Bardash / Unsplash)
Kraken's Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg
CEO Sui Chung sees South Korea and Israel as the next markets to list crypto ETFs.
Hong Kong (Ruslan Bardash / Unsplash)

Bitcoin price in April (CoinDesk)
Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash
Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.
Bitcoin price in April (CoinDesk)