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Conversations around new technologies like blockchain, cryptocurrencies, NFTs and the metaverse are starting to converge around Web3, the idea of a decentralised web.
A Hong Kong cryptocurrency exchange has become the latest casualty of FTX's collapse this month, leaving thousands of investors and clients in limbo and revealing the city's exposure to a market it has recently sought to better regulate. Atom Asset Exchange (AAX) has effectively shut down after it deleted its social media accounts and froze withdrawals this month, with the...
On October 31, at the launch of this year's FinTech Week in Hong Kong, the Financial Services and Treasury Bureau ("FSTB") issued a policy statement…
MiCA: future rules for financial services linked to crypto-assets and for the issuance of crypto-assets. Whilst some crypto-related activities are already regulated from an AML perspective...
Recent years have seen tightening political, cultural and economic control of China over Hong Kong with the national security law of 2020 sweeping the previous civil freedoms away.