Hong Kong

XRP Tracker Fund Unleashed in Asia With Ripple Driving Capital and Strategy

XRP Tracker Fund Unleashed in Asia With Ripple Driving Capital and Strategy

An XRP Tracker Fund has launched in Asia, opening the floodgates for institutional investors to tap into XRP’s explosive growth and Ripple’s game-changing blockchain strategy. XRP Tracker Fund Goes Live in Asia—Ripple Drives Strategy as Investor and Trusted Advisor Digital asset management firm Hashkey, a major player in Asia’s blockchain investment space, announced a significant […]

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Hong Kong sets new rules allowing staking services for crypto firms and ETFs

Hong Kong sets new rules allowing staking services for crypto firms and ETFs

Hong Kong’s Securities and Futures Commission (SFC) has unveiled new regulatory guidance allowing licensed Virtual Asset Trading Platforms (VATPs) and exchange-traded funds (ETFs) to offer staking services, according to an April 7 statement. Locking up tokens with staking to validate transactions in exchange for rewards is central to blockchain networks running on a proof-of-stake (PoS)

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Crypto and Hedge Fund Workers Boost Hong Kong’s Sluggish Rental Market, Savills Says

Crypto and Hedge Fund Workers Boost Hong Kong’s Sluggish Rental Market, Savills Says

A new report by property consultancy Savills Hong Kong suggests that professionals working in the crypto and hedge fund sectors are playing a key role in supporting Hong Kong’s residential rental market, which continues to struggle due to weak traditional demand sources. According to Savills’ research, leasing activity in the first quarter of 2025 remained

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SFC Opens Staking Services to Licensed Crypto Companies in Hong Kong

SFC Opens Staking Services to Licensed Crypto Companies in Hong Kong

The Securities and Futures Commission (SFC) of Hong Kong has officially allowed licensed virtual asset trading platforms (VATPs) to offer staking services to their clients. The long-awaited move was announced on April 7 during the Hong Kong Web3 Festival 2025. The guidance, laid out in a newly published circular, provides detailed requirements and expectations for

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Tron Founder: First Digital Trust Situation ‘Significantly Worse’ Than FTX

Tron Founder: First Digital Trust Situation ‘Significantly Worse’ Than FTX

Tron founder Justin Sun has compared the controversy surrounding First Digital Trust to that of FTX before its collapse but insists the former’s case is “significantly worse.” The FTX Comparison Tron blockchain founder Justin Sun has compared First Digital Trust’s (FDT) situation, following its reported “unauthorized” transfer of $456 million from TUSD’s custodial funds, to

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Hong Kong Approves World’s First Tokenized Money Market ETF by Hashkey and Bosera

Hong Kong Approves World’s First Tokenized Money Market ETF by Hashkey and Bosera

Hashkey Group and Bosera have secured approval from Hong Kong’s SFC to launch the world’s first tokenized money market ETF. This milestone marks a significant step in integrating blockchain with traditional finance, improving transparency and liquidity. Hashkey and Bosera Introduce the First Tokenized Money Market ETF Hashkey Group, in collaboration with Bosera, has successfully launched

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CPIC Investment Management Launches Hong Kong’s First Tokenized USD Money Market Fund

CPIC Investment Management Launches Hong Kong’s First Tokenized USD Money Market Fund

CPIC Investment Management (Hong Kong) (CPICIMHK), the investment management subsidiary of China Pacific Insurance Group (CPIC), has launched its CPIC Estable MMF, the first tokenized USD money market fund under Hong Kong’s Securities and Futures Commission (SFC) regulated fund structure framework. CPICIMHK is regulated by a number of relevant entities under the laws of Hong

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Infini Files Suit After M Theft, Issues Blockchain Legal Notice

Infini Files Suit After $50M Theft, Issues Blockchain Legal Notice

Infini has taken legal action against a developer and other unknown individuals tied to a $50 million hack. The firm has sent an on-chain legal notice, warning the accused to appear in court or face the consequences. On-Chain Legal Notice Issued On February 24, several blockchain security platforms reported a suspected security breach on Infini,

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HK Asia Holdings Becomes First In China To Adopt Bitcoin Treasury

HK Asia Holdings Becomes First In China To Adopt Bitcoin Treasury

HK Asia Holdings (HKEX: 1723), soon to be renamed Moon Inc., has made history as the first publicly traded company in Greater China to adopt a Bitcoin treasury strategy. In a recent discussion hosted by Allen Helm of Bitcoin For Corporations, new CEO John Riggins outlined the company’s pivot, its regulatory alignment with Hong Kong,

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Hong Kong Firm Now Holds Nearly 19 BTC

Hong Kong Firm Now Holds Nearly 19 BTC

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Hong Kong-based investment holding company has joined many firms that are incorporating Bitcoin in their balance sheets, turning part of the company’s treasury into cryptocurrency. HK Asia Holdings announced that it expanded its Bitcoin reserve after its newly formed board approved

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