Futu Securities has become the first brokerage in Hong Kong approved to offer securities-backed financing for virtual asset trading, giving eligible clients a new way to use traditional market credit to buy and sell crypto, following SFC approval for securities-backed crypto trading financing in the city. SFC approval expands Futu’s Type 1 license Eligible clients […]
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Hong Kong Regulator Slams Brakes on Corporate Crypto Treasuries Hong Kong’s financial authorities are raising serious concerns about the trend of companies piling into Digital Asset Treasuries (DATs), where firms hold cryptocurrencies like Bitcoin on their balance sheets to give shareholders a piece of the price action. The Securities and Futures Commission (SFC) is particularly […]
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Hong Kong SFC Greenlights HashKey and Bosera’s Tokenized Money Market ETFs The Hong Kong Securities and Futures Commission (SFC) has approved the launch of two tokenized money market ETFs by HashKey and Bosera, set to debut in April 2025. These ETFs aim to integrate blockchain technology into traditional finance, offering investors a new way to […]
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Hong Kong SFC Steps Up Crypto Oversight Amid Fraud Surge Hong Kong’s Securities and Futures Commission (SFC), the region’s financial regulator, has flagged 33 new websites impersonating the licensed crypto exchange HashKey, bringing the total number of reported impersonators to 45. This development follows the collapse of the unlicensed JPEX platform, which defrauded investors of […]
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Hong Kong SFC Grants New Licenses to Panthertrade and YAX On January 27, 2024, the Hong Kong Securities and Futures Commission (SFC) took a significant step towards establishing the city as a crypto hub by granting virtual asset trading licenses to Panthertrade Hong Kong Limited and YAX Hong Kong Limited, increasing the total number of […]
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