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Hong Kong financial regulators adopting ESMA standards for crypto derivatives.
Crypto

Hong Kong Regulators Embrace ESMA Standards for Crypto OTC Derivatives

Hong Kong's top financial authorities plan to adopt ESMA's reporting standards for crypto OTC derivatives, enhancing global alignment and regulatory clarity. The HKMA and SFC's decision reflects th...

cryptocurrencyHong Kong police operation against cryptocurrency money laundering syndicate.

Hong Kong Police Bust Cryptocurrency Money Laundering Syndicate

Hong Kong's police have successfully dismantled a cryptocurrency money laundering syndicate, arresting 25 individuals. The operation revealed fraud cases amounting to over HKD 7 million, highlighti...

BlockchainLollipop Labs participates in Cyberport program to innovate blockchain technology.

Lollipop Labs Joins Hong Kong Cyberport Incubation Program for Blockchain Innovation

Lollipop Labs has joined the Hong Kong Cyberport Incubation Program, gaining financial support and resources to tackle liquidity issues in the Web3 token market, reinforcing Hong Kong's role in the...

CyberportHong Kong skyline representing financial growth

Hong Kong Achieves Third Place in Global Financial Center Rankings

Hong Kong has risen to third place in the Global Financial Centers Index, excelling in investment management and fintech. The city reflects a robust ecosystem for financial innovation backed by Cyb...

Hong KongGraph illustrating revenue from virtual asset trading in Hong Kong's securities industry.

Hong Kong Securities Industry Sees HKD 77 Million Revenue in Virtual Asset Trading

In the first half of 2023, the Hong Kong Securities and Futures Commission reported that virtual asset trading generated HKD 77 million, highlighting a growing trend in the local market. The SFC in...

financial reviewHong Kong Securities Industry Financial Review 2024

Hong Kong Securities Industry Reports Significant Growth in H1 2024

The Hong Kong Securities and Futures Commission's latest review reveals a 50% increase in net profits for H1 2024, driven by rising market turnover and new virtual asset trading activities. Discove...