#hong kong

Sixteen charged in Hong Kong’s JPEX crypto fraud case

Sixteen charged in Hong Kong’s JPEX crypto fraud case

Hong Kong authorities have charged 16 people over the city’s biggest crypto fraud tied to the JPEX platform. Losses are estimated at HK$1.6 billion ($205.8 million), with more than 2,700 investors identified as victims.

Vincent Morello 5 Nov 2025

Hong Kong’s crypto drive hit by scam tokens, Ant Digital says

Hong Kong’s crypto drive hit by scam tokens, Ant Digital says

Ant Digital Technologies warned that scam “Jovay” tokens are propagating on Solana, BNB Chain and Ethereum, reiterating that Jovay has no native coin and advising users not to interact with assets claiming an official link.

Sebile Fane 30 Oct 2025

ChinaAMC's spot Solana ETF to list in Hong Kong

ChinaAMC's spot Solana ETF to list in Hong Kong

ChinaAMC’s spot Solana exchange‑traded fund, authorized by Hong Kong’s Securities and Futures Commission, is scheduled to begin trading on the Hong Kong Stock Exchange on October 27.

Anton Kryshtal 22 Oct 2025

Beijing tells Ant Group and JD to pause Hong Kong stablecoin push

Beijing tells Ant Group and JD to pause Hong Kong stablecoin push

Ant Group and JD.com have stopped their plans to issue stablecoins in Hong Kong after mainland regulators told them not to proceed, according to people familiar with the matter cited by the Financial Times.

Dmytro Psevdonimenko 19 Oct 2025

China tells brokers to pause RWA tokenization in Hong Kong

China tells brokers to pause RWA tokenization in Hong Kong

China's securities regulator informally told domestic brokerages to halt their real-world asset tokenization business in Hong Kong.

Sebile Fane 22 Sept 2025

Hong Kong arrests two over crypto‑mining power theft

Hong Kong arrests two over crypto‑mining power theft

Police say two technicians hid eight mining rigs in the ceilings of two care‑home offices, tapping power and internet 24/7. Bills jumped HK$8,000–9,000; both men were arrested on suspicion of “abstracting electricity.”

Ivan Dikalenko 11 Sept 2025

HashKey launches $500M fund to invest in crypto treasuries

HashKey launches $500M fund to invest in crypto treasuries

Hong Kong’s largest licensed crypto exchange, HashKey, announced the launch of a $500M fund. The new vehicle will invest in leading Digital Asset Treasuries (DAT) projects and Web3 infrastructure.

GNcrypto 8 Sept 2025

Bank of China HK rallies as license speculation grows

Bank of China HK rallies as license speculation grows

Bank of China Hong Kong jumped 6.7% in Monday trading after local media reported the bank is preparing to apply for a stablecoin issuer license. The stock rose as much as 8.5% before closing up 6.7%.

Anton Kryshtal 1 Sept 2025

Trump effect: Bitcoin Asia boycott Hong Kong’s fragile neutrality

Trump effect: Bitcoin Asia boycott Hong Kong’s fragile neutrality

A diplomatic dispute erupted ahead of Bitcoin Asia 2025 as government and regulatory representatives withdrew from panels, unwilling to share the stage with Eric Trump. The episode highlighted how political risks limit Hong Kong’s crypto ambitions and its efforts to remain neutral between Washington and Beijing.

Vlad Vovk 29 Aug 2025

China’s CB Mentions Hong Kong’s Crypto Stance in a New Report

China’s CB Mentions Hong Kong’s Crypto Stance in a New Report

In its latest Financial Stability Report, the People's Bank of China (PBoC) highlighted Hong Kong's proactive approach on cryptocurrency regulation.

30 Dec 2024

Hong Kong draws Web3 treasuries with new stablecoin rules

Hong Kong draws Web3 treasuries with new stablecoin rules

Hong Kong is edging past Singapore in the contest to host on-chain corporate treasuries, helped by a live licensing track for exchanges and an enacted regime for stablecoin issuers that is now moving toward initial approvals.

Sebile Fane 31 Oct 2025

Ant Group files ‘ANTCOIN’ trademark as it builds RWA rails

Ant Group files ‘ANTCOIN’ trademark as it builds RWA rails

Public records in Hong Kong show Ant Group has applied for trademarks covering online payments, e‑wallets, and the potential issuance and transfer of stablecoins under the mark “ANTCOIN.”

Ivan Dikalenko 27 Oct 2025

Asian exchanges push back on Bitcoin treasuries

Asian exchanges push back on Bitcoin treasuries

Three major Asia‑Pacific venues (Hong Kong’s HKEX, India’s BSE and Australia’s ASX) signal that turning listed companies into crypto hoarding vehicles clashes with their listing expectations.

Iaroslava Kramarenko 22 Oct 2025

RedotPay hits Unicorn status, targets global stablecoin expansion

RedotPay hits Unicorn status, targets global stablecoin expansion

Hong Kong-based payments startup RedotPay closed a $47 million strategic funding round, pushing its valuation beyond $1 billion and achieving Unicorn status as it scales regulated services globally.

Sebile Fane 25 Sept 2025

US sanctions Iranians moving oil revenues through crypto

US sanctions Iranians moving oil revenues through crypto

The US Treasury Department, through OFAC, imposed new sanctions on two Iranian nationals and over a dozen companies in Hong Kong and the UAE linked to oil sales and the use of cryptocurrency to funnel funds for Iran’s Islamic Revolutionary Guard Corps–Quds Force (IRGC-QF) and Ministry of Defense (MODAFL).

Vlad Vovk 17 Sept 2025

Chinese markets climb as AI and chip shares surge

Chinese markets climb as AI and chip shares surge

China's CSI 300 index gained 2.3% over the past day, marking its largest single-day increase since mid-March 2025. The Shanghai Composite rose 1.7%, while Hong Kong's Hang Seng fell 0.4%.

Anton Kryshtal 11 Sept 2025

Alibaba shares rise on unveiling trillion-parameter AI model

Alibaba shares rise on unveiling trillion-parameter AI model

Alibaba’s Hong Kong shares rose after it released Qwen3‑Max‑Preview, a text‑only model with over one trillion parameters. The company says it outperforms Qwen3‑235B on internal tests and is available via Alibaba Cloud and OpenRouter.

Ivan Dikalenko 8 Sept 2025

Chinese public company invests in BlackRock BTC and Ethereum ETFs

Chinese public company invests in BlackRock BTC and Ethereum ETFs

China Financial Leasing Group, a Hong Kong–listed company, disclosed in its interim performance report that it has invested in cryptocurrency exchange-traded funds (ETFs), including products from BlackRock, amid a weaker U.S. dollar and strengthening Bitcoin.

Vlad Vovk 30 Aug 2025

Deepfake Scams Target Lonely Crypto Investors

Deepfake Scams Target Lonely Crypto Investors

In a Hong Kong scandal, fraudsters utilized deepfake technology to pose as rich women, targeting vulnerable investors with fabricated identities. Their schemes highlight the growing risks in the crypto world.

7 Jan 2025

Bloomberg: Singapore Becomes the World’s Leading Digital Hub Singapore and Hong Kong have long competed to establish themselves as global hubs for digital assets. Both financial centers have introduced regulatory sandboxes, tokenization initiatives, and legal frameworks to attract crypto companies. Now, one city has emerged as the clear leader.

24 Dec 2024

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