Hong Kong news

Bitcoin

Hong Kong Proposes Tax Exemptions for Crypto Earnings to Boost Its Financial Hub Status and Compete with Singapore and Switzerland

By Crypto 30sNovember 28, 20240

Hong Kong’s move to exempt crypto gains from taxes targets hedge funds and family offices, boosting its competitiveness.

Blockchain

Hong Kong’s Cyberport Becomes a Thriving Hub for Blockchain Companies with Government Support and Plans for Crypto Exchange Licenses

By Crypto 30sNovember 20, 20240

Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong.

Bitcoin

HKEX launches digital asset index as Hong Kong expands crypto licensing

By Crypto 30sOctober 28, 20240

The new index series from HKEX will offer a single reference price for Bitcoin and Ether, aligning with Asia-Pacific trading hours, and it aims to boost transparency in the digital asset market.

Hong Kong issues dual-track policy for AI adoption in finance

By Crypto 30sOctober 28, 20240

Hong Kong’s FSTB has unveiled a balanced AI policy approach for finance while the SFC preps new crypto OTC regulations.

Hong Kong cops clean out alleged $46M deepfake crypto scam

By Crypto 30sOctober 17, 20240

Hong Kong police arrested 27 people it accused of running an AI deepfake crypto scam operation from a 4,000-square-foot industrial building in the region.

Bitcoin

WEF talks DeFi regulation, HKDA stablecoin integrates Chainlink: Finance Redefined

By Crypto 30sOctober 11, 20240

The World Economic Forum has urged policymakers to adopt sandbox-based frameworks to enhance regulatory clarity for DeFi innovations and address key risks.