Hong Kong’s Legislative Council held its first meeting on the stablecoin bill since December, aiming to regulate issuers via licensing from the Hong Kong Monetary Authority. The region seeks to strengthen its position as a cryptocurrency hub. #Update #Legal (+3) →
Vitalik Buterin will speak at the Hong Kong Web3 Festival 2025, organized by @W3ME, Wanxiang Blockchain Labs, and HashKey Group. The event aims to be Asia’s top crypto gathering with over 80,000 attendees and 800 speakers expected. #Update #Crypto $ETH (+6) ↗
Wiki Finance Expo 2025 in Hong Kong will gather over 8,000 attendees to explore fintech innovations like blockchain, AI, and Web3 with 100 speakers from 1,500 companies. Early registration discounts available. • #Update • @WikiFinanceExpo • (+3) • ↗
Hong Kong police intercepted HK$34M in AI-driven romance scam proceeds, arresting 31 suspects using deepfake tech to impersonate wealthy women, highlighting challenges for crypto investigators. • #Breaking • #Legal • @DecryptMedia • (+8) • ↗
Hong Kong emerges as a key crypto hub with seven SFC-licensed platforms, driving regulatory clarity and liquidity. Edith Yeung highlights Hong Kong’s potential to rival US markets in crypto innovation. • #Update • #Crypto • @Solana • (+3) • ↗
$ETH hits 5-month high, leading majors; Hong Kong to announce zero crypto taxes; @XTExchange hacked, all funds withdrawn in $ETH; stablecoins reach $190B market cap; @Metamask adds fiat on-ramp via Venmo. #Update #Crypto @XTExchange ↗ +9
Hong Kong’s SFC is set to allow Ethereum ETF staking, diverging from US regulatory caution. This move could solidify its status as a global crypto finance hub, contrasting with the SEC’s strict stance.
Hong Kong’s inaugural spot bitcoin ETFs have gathered $228 million in assets since launch, marking a pivotal yet modest advancement in Asia’s financial integration of cryptocurrencies. This development offers direct bitcoin market exposure, despite facing initial investment fluctuations.
