Hong Kong-based brokerage, Futu Securities, is taking significant steps into the cryptocurrency space with the launch of crypto deposit services on its Futu NiuNiu platform. This new feature will allow users to deposit and trade major digital assets such as Bitcoin, Ethereum, and Tether, marking a significant expansion for the platform that has long been…
To aid with smoother technology company listings on its stock exchange, Hong Kong has launched a new scheme. This initiative is an attempt to appeal to Chinese firms looking to offshore funds, announced on Tuesday, May 6. Based on a joint statement issued by the bourse operator alongside Hong Kong’s Securities and Futures Commission (SFC),…
HONG KONG—HashKey Capital, a digital asset financial services group, has received direct cryptocurrency subscriptions to its funds from the Hong Kong Securities and Futures Commission (SFC). This approval is significant, as it permits investors to bypass the cumbersome step of converting their digital assets into fiat currency, facilitating smoother access to crypto products that are…
South Korea, Vietnam, Malaysia, Thailand, and Hong Kong are at the forefront of Asia’s surge, spearheading the adoption, governance, and innovation that are transforming global finance. Unlike many parts of the world, Asia is quickly solidifying a primary position in the cryptocurrency and decentralized finance ecosystem. At the forefront of this change are South Korea,…
With a recent report released by migration platform Multipolitan ranking Hong Kong as the second-most crypto-friendly city in the world, it is apparent that the city is rapidly solidifying its position as one of the global dominators for cryptocurrencies. The report cites the city’s favorable blend of tax policies and overwhelming concentration of wealth as…
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