Business

Hong Kong conditionally approves first bitcoin and ether ETFs

Hong Kong's securities regulator on Monday granted conditional approval to start the city's first spot-bitcoin and ether exchange-traded funds (ETFs), firms involved said, positioning it as a leader in Asia for the use of ...

Business

Police: Crypto firm founder Do Kwon arrested in Montenegro

Police in Montenegro have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea in connection with a $40 billion crash of the firm's cryptocurrency that devastated retail investors around the world, the European ...

Business

Three out of four bitcoin investors have lost money: study

Roughly three-quarters of people who have bought bitcoin have lost money according to a study published Monday as the cryptocurrency sector reels from the collapse of a major exchange that has sapped confidence.

Business

Hong Kong to explore legalizing crypto for retail investors

Hong Kong is "back in business" and exploring whether to legalize crypto trading by retail investors, the city's finance chief announced Monday, kicking off a week of conferences aimed at resuscitating the Chinese hub's image.

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