The digital assets industry has found a new home in Hong Kong. The city's regulators initially rolled out their comprehensive licensing regime in 2019, and have since further refined it multiple times. Starting June 1 2023, all virtual asset trading platforms, whether already operating or being created, have to either start the application process or cease their operations.
One Year After: The Evolution of HK's Crypto Licensing Regime
Donald Day, COO of VDX, provides valuable insights on Hong Kong's evolving digital asset landscape and the city's role as a global digital asset hub.
Latest
Katana Buys IDEX, Launches Perps Platform in Crowded Onchain Derivatives Market
The Polygon-GSR backed chain enters a sector where monthly volumes have hit $739 billion — but where Hyperliquid already commands the majority of open interest
Bitcoin Bounces Back Despite Geopolitical Pressure, But Rally May Be Fragile
Bitcoin recovered to $71,500 amid US-Iran tensions that rattled broader markets, but a surge in liquidations earlier and rising rate-hike expectations are clouding the outlook.
Gambling: I Know It When I See It
Stop trying to define “gambling.” A cleaner lens is whether markets permit real information discovery – and whether states treat the underlying activity as a tradable commodity or a tightly controlled wager.
The Bank That Bet Everything on Bitcoin
Why Morgan Stanley's MSBT signals institutional crypto has finally arrived