New Crypto Rules Suggest Hong Kong Is ‘Testing Ground’ for China, Say Experts

Incoming crypto regulations in Hong Kong, which would let retail users invest in tokens, may be an experiment for mainland China.

• 2023-05-23
• Hong Kong retail investors mainland China retail trading

Cryptocurrencies can be used for debt settlement in China: Supreme Court

Cryptocurrencies in China can be legally used to settle basic relations debts such as exchange and labor, according to the Supreme People’s Court of China.

• 2023-05-08
• Supreme Court China mainland China cryptocurrency

Hong Kong shows desire to be crypto hub with new regulation

As the U.S. government continues to rein in the crypto industry with a spate of regulations, other places are emerging as new hubs for the virtual asset industry. On Monday, Hong Kong proposed rules that would let retail investors trade certain "large-cap tokens" on licensed exchanges, a stark contrast to mainland China across its border where crypto-related transactions are outright banned. The city's Securities and Futures Commission did not specify which large tokens would be allowed, thoug

• 2023-02-20
• Hong Kong mainland China regulatory environment Securities and Futures Commission China