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Wealth managers discussing virtual assets in Hong Kong.
cryptocurrency

Cautious Optimism Among Hong Kong Wealth Managers on Virtual Assets

A recent PWMA survey indicates Hong Kong wealth managers are cautiously optimistic about virtual assets, with plans to allocate up to 10% of portfolios to cryptocurrencies in the next five years, d...

BitcoinHong Kong Bitcoin Spot ETF with 4683 BTC holdings and $430 million in AUM

Hong Kong Bitcoin Spot ETF Accumulates 4,683 BTC and $430 Million AUM

As of November 20, Hong Kong's Bitcoin Spot ETF has amassed 4,683 BTC with $430 million in assets under management. This reflects growing investor confidence in cryptocurrency in the region and tre...

BlockchainDiverse blockchain enterprises at Hong Kong Cyberport fostering innovation.

Hong Kong Cyberport Expands Blockchain Enterprises and Ecosystem

Hong Kong Cyberport has grown to host over 270 blockchain enterprises from 20+ countries, integrating blockchain in smart living, fintech, and more. Discover the latest trends and collaborations in...

Bank of ChinaBank of China Hong Kong successfully completes cross-border remittance via mBridge.

Bank of China Hong Kong Achieves Milestone with First mBridge Cross-Border Remittance

Bank of China Hong Kong has successfully completed its first cross-border remittance via the mBridge system, marking a historic milestone for efficiency in financial transactions. Discover how this...

Hong KongHong Kong government preparing stablecoin regulations based on public feedback.

Hong Kong Advances Stablecoin Legislation After Public Feedback

The Hong Kong Government has completed a public consultation for stablecoin regulation and is preparing to submit a draft to the Legislative Council by year's end. A second public consultation on O...

Hong KongHong Kong SFC headquarters with focus on cryptocurrency regulation.

Hong Kong SFC Grants Licenses for Virtual Asset Trading Platforms

The Hong Kong SFC has issued three licenses for virtual asset trading platforms while processing 14 more applications. Regulators aim to fast-track approvals and further regulate stablecoins by yea...