Hong Kong Customs partnered with the University of Hong Kong to create a forensic tool designed to trace virtual asset transactions, according to a June 12 report from the South China Morning Post. Hong Kong develops tool to track illegal #crypto transactions Hong Kong Customs, in partnership with a local university, is developing a forensic […]
Hong Kong Customs Teams with HKU to Trace Crypto Transactions Read More »
Hong Kong is stepping up its fight against crypto-related money laundering by working with the University of Hong Kong (HKU) on technology-driven solutions, including improved tracking of virtual asset flows. The new effort was revealed in a government statement on June 12, following a four-day workshop focused on enhancing anti-money laundering (AML) strategies. Collaborative effort
Hong Kong teams up with university to tackle crypto laundering with tech Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure China’s top police body has set up its first official way to sell off crypto coins it grabs in criminal cases. The move leans on Hong Kong’s licensed trading platforms. It lets Beijing turn seized Bitcoin and Ethereum into yuan without loosening
China’s Secret Crypto Pipeline Runs Through Hong Kong—Report Read More »
Hong Kong’s stablecoin regulations will officially take effect on August 1, 2025, according to a Gazette notice published Thursday, following the ordinance’s ratification on May 30. The new law introduces a licensing framework for stablecoin issuers and service providers operating in Hong Kong. The first batch of licenses is expected to be granted later this
Hong Kong Stablecoin Regulations to Take Effect August 1 – Here’s What Changes Read More »
Key Takeaways: Beijing’s police authority has introduced a formal process for liquidating seized digital assets through Hong Kong exchanges. The system was developed with the Beijing Equity Exchange and involves third-party custody and compliant offshore liquidation. The first test case was completed in Shunyi District, with funds transferred to the national treasury within 24 hours.
Beijing Fast-Tracks 24-Hour Seized Crypto Liquidation via Hong Kong Exchanges Read More »
Hong Kong’s Securities and Futures Commission (SFC) is set to introduce virtual asset derivatives trading for professional investors, aiming to enhance product offerings while ensuring robust risk management. This initiative is part of the city’s strategy to strengthen its position in the global digital asset market, according to Christopher Hui Ching-yu, secretary for financial services
Hong Kong to Introduce Crypto Derivatives Trading for Professional Investors Read More »
Key Takeaways: Hong Kong-based Reitar Logtech Holdings has unveiled a major Bitcoin acquisition plan. Reitar plans to acquire Bitcoin through share exchanges with institutional and high-net-worth investors. Reitar’s leadership sees the plan as part of a larger digital transformation push, linking blockchain integration to supply chain modernization efforts. Reitar Logtech Holdings Ltd., a Hong Kong-based
Reitar Logtech Holdings Bets $1.5B on 15,000 BTC to Drive Global Expansion Read More »
Hashkey Exchange welcomes XRP, making it more accessible to professional investors, bolstering its position in the digital economy. XRP Joins Hashkey Exchange: A New Era of Professional Investor Access Hashkey Exchange, a licensed crypto trading platform overseen by the Hong Kong Securities and Futures Commission (SFC), has officially added XRP to its platform for professional
XRP’s Institutional Access Expands With Hashkey Exchange Listing Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure HSBC has rolled out Hong Kong’s first settlement service that uses blockchain technology. It turns regular bank deposits into digital tokens. That means companies can move money almost instantly. Payments may cost less and happen faster than on traditional systems, according to
Europe’s Biggest Bank Rolls Out Settlement Service Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Hong Kong’s Legislative Council has passed the long-anticipated Stablecoins Bill, establishing a licensing regime for fiat-referenced stablecoin (FRS) issuers. This legislative move, announced by the Hong Kong government on May 21, aims to strengthen regulatory oversight on virtual asset activities, fostering both
Historic Day For Hong Kong: Stablecoin Bill Receives Legislative Approval Read More »
