latest articles

  • July 31, 2024
Police Arrest 4 Suspects for Trading Cryptocurrencies with "Exercise Tickets," Involving Up to $11 Million

Police arrested two boys and two men on July 26 for allegedly trading cryptocurrencies to 12 people using fake coins commonly known as "exercise tickets". During the operation, police seized a large amount of counterfeit Hong Kong currency, which involved HK$11 million in the case, and the four men are currently being detained for investigation. The four men, aged between 14 and 39, were arrested after police investigations revealed that they used social media to lure victimized customers to counterfeit "cryptocurrency...

  • July 26, 2024
Regulation and future of stablecoins in Hong Kong

This article provides a comprehensive overview of the regulation and future development of stable money in Hong Kong, with a focus on the expansion of the Hong Kong dollar. The article highlights the evolution of the regulatory environment, the role of the Hong Kong Monetary Authority (HKMA), and important milestones in the process. Readers will be able to understand the challenges and opportunities presented by stable currencies, as well as the strategies implemented to facilitate their adoption. By exploring the integration of blockchain technology, the potential digital Hong Kong dollar leads...

  • July 25, 2024
Hong Kong strengthens stablecoin regulation

This article discusses the Hong Kong financial regulators' plans to strengthen the regulatory framework for stable money. The focus is on stablecoins pegged to legal tender to ensure the safety of the currency and investors. The initiative includes licensing requirements for stable money issuers who must comply with stringent governance and financial standards, such as maintaining a minimum capital of at least HK$25 million. The aim is to manage risk, prevent money laundering and promote Hong Kong as a center for virtual assets,...

  • July 16, 2024
Guide to buying coins in Hong Kong: platform selection, payment methods and safety advice

Buying coins in Hong Kong mainly refers to buying virtual currencies. With the development of blockchain technology, virtual currencies are rapidly emerging around the world. Hong Kong has a number of well-known trading platforms and complete financial infrastructure. The government has an open attitude and the market environment is favorable.

**Keywords: Buy coins in Hong Kong**

**title:**
Basic concepts of buying coins in Hong Kong, definition of virtual currency and introduction to the market environment

en_USEnglish