SFC News

Over the past three years, the number of crimes involving virtual assets in Hong Kong has almost tripled. According to a local media report, Financial Services and Treasury Minister Hui Ching-yu said that the Hong Kong Securities and Futures Commission…

Hong Kong’s Securities and Futures Commission (SFC) has warned of an alleged scam involving crypto exchange MEXC. According to the SFC, on Feb. 9, police alerted the public to an alleged scam involving an organization posing as a virtual asset…

Venture Smart Financial Holdings Limited, a financial services firm based in Hong Kong, is set to introduce its spot Bitcoin exchange-traded fund (ETF) in the city in Q1. Brian Chan, the group head of investment and product at Venture Smart…

Hong Kong authorities have proposed accepting and regulating fiat-pegged stablecoins (FRS). According to the document, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) will allow retail investors to purchase stablecoins, but note that…

Hong Kong’s securities regulator is exploring the possibility of approving crypto spot ETFs, signaling a potential shift in the regulatory landscape in the region. The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have published a…

Hong Kong’s HashKey Exchange says crypto deposits greater than $1,024 will only be allowed from Binance. In a blog announcement on Dec. 21, HashKey Exchange said it wants to meet regulatory requirements introduced by the Hong Kong Securities and Futures…

In a Nov. 24 announcement, the Hong Kong-based securities firm Victory Securities has shared the news that it has secured official approval from the Hong Kong Securities and Futures Commission (SFC) to offer virtual asset trading and consulting services to…

The Securities and Futures Commission (SFC) has introduced an updated Anti-Money Laundering/Counter-Financing of Terrorism Self-Assessment Checklist, aimed at enhancing compliance in the evolving virtual asset sector.

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), may allow retail investors to buy spot crypto ETFs. Bloomberg, citing SFC CEO Julia Leung, writes that the regulator welcomes proposals using innovative technologies that improve efficiency and quality of…

Hong Kong's Securities and Futures Commission (SFC), the independent statutory body tasked with regulating the securities and futures markets, has released two circulars aimed at overseeing the tokenization of digital assets.

The Hong Kong Securities and Futures Commission (SFC) has advised investors to exercise caution regarding JPEX, a cryptocurrency exchange operating without regulatory approval

Hong Kong's financial regulator is set to roll out a new framework that would allow retail investors to trade crypto assets like BTC and ETH, and will also include measures to protect investors. 

The Hong Kong securities and futures commission (SFC) will reportedly issue licenses to at least eight crypto firms this year.

Genesis Block, a famous crypto retail services company in Hong Kong, announced that it had stopped trading as the effects of the implosion of FTX and liquidity problems at other significant cryptocurrency enterprises are still shaking the sector. Genesis Block…

OSL, a top digital asset trading platform in Asia has received licenses from Hong Kong’s Securities and Futures Commission (SFC). The firm is also looking to obtain a license from Singapore’s regulatory body. OSL Becomes SFC’s First Licensed Crypto Exchange…

According to a Bloomberg report published on April 19, 2020, Hong Kong-based Venture Smart Asia Ltd. Has launched the country’s first approved cryptocurrency fund that targets a first-year size of $100 million. The fund gives an official opportunity to institutional…