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Hong Kong Grants First Stablecoin Licenses to HSBC and Zodia Custody
The Hong Kong Monetary Authority (HKMA) has officially entered a new phase of digital asset regulation by issuing the first batch of stablecoin issuer licenses under its specialized "Stablecoin Ordinance." The recipient…
Bit Metaverse Appoints Industry Veteran Tian Jia as Executive Director
Hong Kong-listed firm Bit Metaverse (08645. HK) has announced a significant restructuring of its leadership team to strengthen its position in the evolving digital asset landscape. According to an official regulatory fi…
Central Party School Professor Proposes Crypto Reforms for Global Finance
Professor Chen Jianqi, Vice President of the Institute of International Strategy at the Central Party School, has identified decentralized cryptocurrencies as a primary catalyst for restructuring the international monet…
Hong Kong Police Charge 10 More Suspects in JPEX Crypto Fraud Case
The Hong Kong Police Force's Commercial Crime Bureau has significantly advanced its investigation into the JPEX virtual asset trading platform by initiating new legal proceedings against ten individuals. According to re…
Alchemy Pay Secures SFC Type 1 License Upgrade for Hong Kong Assets
Alchemy Pay, a leading fiat-to-crypto payment provider, has officially announced the completion of its Type 1 license upgrade with the Hong Kong Securities and Futures Commission (SFC). Partnering with licensed institut…
Hong Kong Crypto Romance Scam Costs Victim Over HK$1.5 Million
Hong Kong law enforcement authorities have issued a fresh warning regarding the rising prevalence of cryptocurrency-related romance scams following a significant financial loss reported by a local resident. According to…
Hong Kong Police Recover HK$35M in Gold Following Armed Robbery
On March 20 2026, Hong Kong authorities successfully intercepted a criminal group involved in a high-value robbery at Peninsula Plaza in Hung Hom. The incident involved the theft of 73 gold bars, each weighing one kilog…
Hong Kong Retiree Loses HK$7.6 Million in Triple Crypto Scam
The Hong Kong police have uncovered a sophisticated multi-stage virtual currency fraud that resulted in a 66-year-old retiree losing a cumulative HK$7.6 million over a six-month period. Starting in September 2025, the v…
Hong Kong Industry Leader Warns Against Misapplying Crypto Rules
The President of the Hong Kong Association of Securities and Futures Professionals (HKASFP), Chan Chi-wah, has voiced significant concerns regarding proposed regulatory changes for brokerage account registrations. The d…
Hong Kong to Grant First Stablecoin Licenses to Major Banking Firms
The Hong Kong Monetary Authority (HKMA) is reportedly preparing to announce the first cohort of licensed stablecoin issuers as early as next week. According to industry sources, the regulatory body aims to establish a r…