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Hong Kong’s Largest Online Broker Now Offers Bitcoin and Ether Trading

Hong Kong’s Largest Online Broker Now Offers Bitcoin and Ether Trading

Futu Securities International – the largest online broker in Hong Kong – has started offering retail cryptocurrency trading in the city-state. The latest move involves attracting investors with shares of Alibaba Group Holding and Nvidia. Residents of Hong Kong can now trade bitcoin and ether on the brokerage platform with Hong Kong or US Dollars. […]

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Hong Kong’s CSOP Bitcoin Futures ETF Sees 5-Fold Surge in Assets Amid BTC Rally

Hong Kong’s CSOP Bitcoin Futures ETF Sees 5-Fold Surge in Assets Amid BTC Rally

CSOP Asset Management, a capital market firm in Hong Kong, disclosed in an interview with Reuters that its exchange-traded product, the CSOP Bitcoin Futures ETF (3066.HK), has witnessed a surge in assets under management (AUM) over the past five months. The ETF’s Assets Under Management (AUM) has soared five-fold to over $100 million. Rising Trading

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Hong Kong’s Harvest Fund Management Seeks Spot Bitcoin ETF Approval

Hong Kong’s Harvest Fund Management Seeks Spot Bitcoin ETF Approval

The primary focus continues to be on spot Bitcoin ETFs and Hong Kong players do not want to be left behind. Harvest Fund Management’s Hong Kong branch is the latest entity to apply for a spot Bitcoin exchange-traded fund (ETF) with local regulators. This move aligns with Hong Kong’s preparations for its first wave of

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Hong Kong’s Victory Securities to Offer Digital Asset Services in Retail Markets

Hong Kong’s Victory Securities to Offer Digital Asset Services in Retail Markets

Source: Pixabay Hong Kong’s investment management firm, Victory Securities has obtained approval to offer digital asset services to retail clients expanding the country’s number of cryptocurrency licences. In a Nov 24 press release, the company made the announcement that it obtained a license from the Securities and Futures Commission (SFC) to offer digital asset services

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Hong Kong’s SFC Moves to Update Crypto Market Regulations Following New Market Developments

Hong Kong’s SFC Moves to Update Crypto Market Regulations Following New Market Developments

Source: Securities and Futures Commission (SFC) Hong Kong’s Securities and Futures Commission (SFC) has announced plans to update its framework on cryptocurrency sales and requirements amid the evolving market development of the digital asset industry.  In the regulator’s upcoming amendment notice published on October 20, five major parts were addressed with respect to the crypto

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