MyEG and Zetrix in MoU with HK's MaiCapital to launch virtual asset fund
PETALING JAYA: Zetrix Foundation and MY E.G. Services Bhd (MyEG) have signed a memorandum of understanding (MoU) with MaiCapital Ltd, a licensed virtu...
Source: thesun.my
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Hong Kong crypto ETF launches will test ambition to be digital-asset center
HONG Kong is set to follow in the footsteps of the US by listing a batch of cryptocurrency exchange-traded funds, providing a window on whether the city is making progress on fashioning a hub for digital assets. Some of China’s top asset managers are in the final leg of preparations…
Source: businessmirror.com.ph
Hong Kong Crypto ETF Launches Will Test Ambition to Be Digital-Asset Hub
(Bloomberg) -- Hong Kong is set to follow in the footsteps of the US by listing a batch of cryptocurrency exchange-traded funds, providing a window on whether the city is making progress on fashioning a hub for digital assets.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapRay Dalio’s Famous Trade Is Sputtering, Investors BailingBillionaire
Source: yahoo.com
Hong Kong, with crypto hub ambitions, urges lenders to support virtual-asset firms with 'their legitimate need for bank accounts'
Authorities urged banks to avoid a “wholesale de-risking approach” that turns away new industries or certain nationalities.
Source: fortune.com
HK sets high bar for crypto fund licence uplift
The regulatory challenge in getting a licence in Hong Kong SAR is driving funds to set up in alternative jurisdictions such as the UAE
Source: iflr.com