WebApr 12, 2024 · ALSO: Crypto exchange Bitget's $100 million fund targeting Web3 comes as Hong Kong eases crypto regulations and a number of East Asian countries have been promoting crypto. WebApr 20, 2024 · On April 20, Venture Smart Asia announced it got the go-ahead from the Hong Kong Securities and Futures Commission to launch the territory’s first regulated virtual …
First SFC Licensed Cryptocurrency Fund launched in Hong Kong
WebMar 30, 2024 · The fund, dubbed ProDigital Future, has reportedly already secured at least $30 million in funding commitments and comes at a time when Hong Kong is looking to … Web5 hours ago · Hong Kong’s biggest virtual bank, ZA Bank, has stated its intentions to venture into the region’s thriving crypto sector. According to a report by Bloomberg, ZA Bank plans … chinese lettertype
Arrano Capital Launches First Sanctioned Hong Kong Crypto Fund
WebJun 3, 2024 · In Hong Kong SAR, licensed fund managers who want to invest more than 10% of a fund’s gross asset value in virtual assets need a licence uplift and access to will be limited to professional investors. Sources told IFLR that seven fund managers have received the uplift in the past two years, covering between 10 to 15 funds.While more funds are in … WebApr 19, 2024 · MaiCapital crypto fund gets green light from Hong Kong regulator. Apr 19, 2024 By Nik Pratt. Hong Kong-based asset manager MaiCapital has secured approval from the Hong Kong Securities and Futures Commission (SFC) to manage portfolios comprised wholly of virtual assets. The firm had been given initial licenses from the SFC back in 2024 … WebApr 12, 2024 · Hong Kong banks are reportedly starting to support crypto, with CZ, the CEO of Binance, predicting an influx of funds into the region. USDT alone, with a market cap of $80 billion, is already making waves. ... As the world of crypto continues to evolve, Hong Kong is positioning itself as a hub for digital assets and financial innovation. chinese letter to english