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

Fed Cuts And Signals More, But Cryptos Barely Move the Dial
The U.S. Federal Reserve lowered the policy rate by 25 basis points as widely anticipated. Policymakers believe three more cuts will stimulate the economy and lead to a jobs market resurgence but financial markets are skeptical.

Fed Rate Cut Sees Bitcoin Above $117K as ETF Flows Cool and Exchanges See Spot Selling
Your daily access to the backroom

Synthesys Secures $11 Million to Build Infrastructure for Tokenized Securities
Synthesys raises $11 million in combined seed and strategic funding led by veteran blockchain and technology investor Mark Pui to develop the next generation of infrastructure for tokenized securities.

U.S. Federal Reserve Cuts Interest Rates Amid Economic Slowdown
Newest entrant to Fed Board of Governors Stephen Miran was the only dissenting vote, calling for a 50 basis-point cut instead.