Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks
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The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating…
Web3 Giant Animoca Brands Expands Beyond Gaming, Dominates October Investments
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Animoca Brands – the Hong Kong-based Web3 giant – led the venture landscape in October, signaling broader ambitions across different sectors. Messari…
RWA Sector Poised for $600B Growth by 2030: Report
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The growing tokenized funds sector could see its value reach $600 billion in the next six years, according to a whitepaper jointly…
3 Central Banks Forge New Path in Cross-Border Digital Asset Innovation
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New partnerships between central banks target digital currency integration to streamline tokenized cross-border transactions and modernize the global financial infrastructure. Cross-Border Finance…
DWF Labs Dismisses Partner Amid Allegations of Misconduct
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Crypto-focused venture capital firm DWF Labs has severed ties with a partner accused of inappropriate behavior during a company event in Hong…
Man Vanishes With Woman’s Crypto, Prompting Police Investigation in Hong Kong
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A Hong Kong woman lost $12K in a crypto exchange scam after waiting hours for a promised cash handoff that never arrived….
Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
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A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing…
Hong Kong Police Bust Deepfake Romance Crypto Scam That Resulted in $46M Theft
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The Hong Kong Police Force (HKPF) has dismantled a massive cross-border fraud operation that used deep fake technology to con men into…
Hong Kong’s Fraud Empire Collapses: How Triads, AI, and Fake Love Fuel Massive Crypto Heist
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Hong Kong police have dismantled a notorious fraud syndicate responsible for defrauding victims of HK$360 million using romance scams tied to fake…
Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval
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Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed…