The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.
A former journalist, Leung is the world's most powerful female financial regulator in an increasingly important center for crypto.
A former journalist, Leung is the world's most powerful female financial regulator in an increasingly important center for crypto.
BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13.
BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13.
The news comes a day after HSBC, one of the world's largest banks, said it plans to start a digital-assets custody service for institutional client
The news comes a day after HSBC, one of the world's largest banks, said it plans to start a digital-assets custody service for institutional client
The move comes a month after authorities in the City updated financial regulations to allow for retail investors to buy spot crypto ETFs.
The move comes a month after authorities in the City updated financial regulations to allow for retail investors to buy spot crypto ETFs.
Securities and Futures Commission says decision was made in light of public demand
