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
Who's to Blame for the Hawk Tuah Memecoin Disaster?
Hailey Welch, Doc Hollywood, OverHere - who's the real culprit behind the Hawk Tuah $HAWK rugpull? Or should the blame be split on that thannggg?
Top Crypto Stories This Week: From Market Scares to US Reassurances
Crypto markets quiver as the Fed spooks investors, but optimism persists with bullish forecasts, Ohio's Bitcoin bill, and pro-crypto Trump moves
Usual Partners M^0, Adopts $M for Reserves
With the addition of UsualM, M^0 reinforces its position as a leading stablecoin infrastructure provider.
SEC Approves Hashdex, Franklin Crypto Index ETFs
This marks a significant milestone for regulated crypto investment products and paves the way for future ETFs. Analysts anticipate a surge in similar products as the SEC's regulatory approach evolves under new leadership.