$97,189.00
3.05%$1,832.19
1.51%$2.16
2.24%$603.60
1.04%$148.38
2.48%$0.999967
-0.00%$0.173009
2.51%$0.684312
3.94%$0.245644
-1.05%$1,832.75
1.67%$97,108.00
2.95%$3.40
2.72%$14.02
3.87%$20.04
2.26%$0.262845
2.32%$8.73
0.86%$2,203.40
1.54%$0.00001287
1.96%$3.02
1.38%$0.999909
-0.01%$376.33
6.76%$0.176885
2.62%$20.90
3.18%$92.17
11.83%$3.99
2.36%$287.00
4.35%$1,831.89
1.56%$1.00
-0.10%$4.34
0.98%$1.00
-0.03%$97,172.00
3.13%$1,956.89
1.42%$0.582163
-0.65%$28.30
-0.71%$0.00000808
2.57%$383.45
3.22%$50.83
0.17%$5.01
1.92%$4.79
-2.33%$1.00
0.00%$2.38
2.31%$1.05
0.02%$0.876619
1.73%$177.58
2.30%$21.47
0.93%$0.091839
4.37%$4.66
1.52%$16.31
2.61%$0.711251
-0.50%$29.73
-0.22%$0.091122
-2.67%$4.40
0.84%$11.11
0.15%$0.02503587
0.54%$1.00
-0.06%$1.17
0.00%$97,366.00
3.37%$0.219523
-1.30%$4.15
2.12%$0.712505
7.82%$4.30
0.17%$2.60
0.22%$0.200339
1.02%$0.51549
1.42%$0.273419
3.51%$0.998016
-0.17%$4.13
1.56%$2.38
1.82%$0.310379
0.52%$10.78
0.18%$0.00001729
1.91%$96,618.00
2.60%$0.94799
8.88%$88.36
5.93%$0.838298
9.46%$1.26
0.87%$0.428654
0.80%$1,482.05
-3.42%$0.0186785
-1.03%$155.66
2.42%$0.070764
-2.42%$1,832.27
1.69%$1.076
-2.40%$0.703383
-0.00%$1,907.75
1.48%$1.00
0.08%$0.621154
-2.08%$3.79
2.74%$0.199951
0.27%$1.50
-7.97%$0.538446
-1.19%$0.699051
2.82%$9.40
1.77%$1.00
-0.09%$15.39
2.62%$0.091387
0.02%$0.999716
0.01%$2,074.97
1.39%$3,377.10
-0.13%$3,380.42
-0.20%$0.999973
0.01%$0.199018
-1.56%$191.35
2.59%$603.76
0.95%$97,092.00
2.97%$0.01565173
1.79%$0.01206265
11.07%$164.06
2.36%$97,508.00
3.73%$0.00007735
1.41%$96,127.00
2.36%$37.17
-0.15%$0.581785
1.05%$0.719012
-0.25%$0.712758
2.12%$0.786193
1.25%$2.42
-0.92%$1,951.47
1.62%$0.0000007
-0.56%$3.75
-0.38%$0.01530791
0.82%$0.275354
0.28%$0.112544
-0.10%$0.997957
-0.04%$2.00
1.46%$0.998627
0.29%$37.99
4.77%$18.18
4.10%$0.372413
-0.66%$1,920.83
1.70%$0.58519
7.18%$1.085
-2.94%$0.0170907
5.82%$0.540353
0.28%$0.294604
-1.44%$0.054947
6.96%$3.22
1.30%$101,889.00
6.26%$1.59
-1.68%$0.00544602
0.80%$0.615982
3.79%$0.997872
-0.08%$0.135872
-1.43%$97,090.00
3.01%$0.068682
1.98%$1,915.56
1.54%$0.999805
-0.02%$0.00843939
-0.94%$0.515182
0.71%$110.95
0.01%$0.439764
5.06%$0.402615
0.22%$0.999902
-0.01%$96,784.00
2.83%$95,546.00
8.38%$6.89
-1.27%$1.28
3.75%$0.179691
-0.84%$0.172889
2.51%$0.56484
-3.00%$15.23
-1.31%$1,831.28
1.62%$0.00002102
-1.95%$1.51
5.25%$0.132819
2.97%$0.00000041
-1.66%$1.085
-0.01%$0.414083
9.16%$1.002
0.21%$0.162289
-11.87%$0.00576763
8.50%$0.152851
8.32%$1,951.06
1.61%$0.00749929
1.81%$0.486811
0.02%$1,832.78
1.62%$1.84
-35.63%$5.48
-3.39%$0.03951847
0.68%$1.52
-7.67%$0.39121
-2.17%$2.32
0.23%$0.072388
0.40%$1,831.73
1.55%$1,831.87
1.68%$0.21932
-1.29%$1.36
0.14%$32.55
0.50%$0.077884
1.31%$0.999942
0.03%$2.95
-2.32%$21.51
-0.67%$38.76
0.20%$0.171784
-1.38%$0.01762201
-0.75%$0.00400301
0.84%$0.03402318
-3.79%$1,872.36
2.09%$0.35019
-0.11%$0.999988
-0.00%$0.0000588
-0.28%$1.00
0.03%$1.00
0.01%$0.999132
-0.06%$0.758568
-1.50%$0.490511
-0.87%$97,222.00
3.03%$0.677326
0.92%$0.00000149
4.45%$0.304904
5.41%$0.668424
2.54%$0.27325
4.60%$20.88
3.25%$1,820.69
1.26%$97,416.00
3.59%$110.88
1.81%$3,380.15
1.48%$1.00
0.08%$0.0027815
4.65%$2.47
-1.69%$20.04
2.37%$0.221465
-1.21%$0.130171
-2.59%$0.464193
-9.35%$1.11
35.13%$0.190253
-2.22%$1,945.48
1.94%$21.46
-1.14%$0.525026
-0.13%$2.78
-0.95%$1.099
0.05%$0.00000066
9.85%$3.16
7.94%$0.03015493
-1.15%$0.253607
-2.68%$1,951.32
3.12%$2,010.15
1.51%$1.53
0.98%$0.03522275
-2.55%$14.83
1.69%$0.99966
0.03%$0.999565
-0.02%$96,368.00
4.32%$1,994.91
1.42%$0.0026719
-0.12%$0.00317551
6.21%$1,831.74
1.60%$1.006
0.75%Reading
Hong Kong is preparing to introduce policy by the end of the year seeking to extend tax incentives to family offices and private funds investing in crypto on behalf of wealthy clients.
Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, said the Special Administrative Region of China wants to ensure it has the “right conducive environment for blockchain, in particular their financial applications.”
“We are being asked all the time … what are the incentives … from the government in terms of growing this sector,” Hui said on Sunday during a keynote speech at Hong Kong's FinTech Week.
Hong Kong already provides tax incentives for certain privately offered funds and family investment vehicles, granted they meet specific requirements and invest in designated areas.
That includes a profits tax exemption at a standard rate of 16.5%, while carried interest for private equity managers is taxed at 0%. Additionally, certain transactions may benefit from stamp duty relief.
The forthcoming policy aims to support the development and investment of crypto into regulated products as the region attempts to shape itself into a global digital assets hub.
It follows Hong Kong's move to regulate virtual asset trading, which began two years ago with a pilot program under the Securities and Futures Commission, laying the groundwork for a formal licensing regime.
The Virtual Asset Trading Platform (VATP) regime, implemented in June 2023, aims to enhance investor protections and bolster compliance standards for digital asset platforms.
In furthering that specific policy, Hui said the government will introduce stablecoin policy on the “products front” by the end of the year.
The Hong Kong Monetary Authority is looking to roll out a comprehensive regulatory framework for fiat-referenced stablecoin (FRS) issuers, according to an announcement from the regulator and the Financial Services and the Treasury Bureau (FSTB). The news comes alongside a proposal for legislation that was released on Wednesday. "We believe that a well-regulated environment is conducive to the sustainable and responsible development of the stablecoin ecosystem in Hong Kong," said HKMA Chief Execu...
On the service front, Hong Kong will begin regulating custodians by “devising the right regime” sometime next year, while consulting market stakeholders on over-the-counter trading of crypto, Hui said.
Exactly how it intends to do that remains unclear. The SFC did not immediately respond to Decrypt’s request for comment.
“By embracing a broader scope of service regulation, we will be able to grow this market further,” he said.
Roman Storm, co-founder of crypto-mixing platform Tornado Cash, hopes to have charges against him dropped after sanctions against his software were dropped. In Storm’s Dec. 18 motion to dismiss, he cites the recent Fifth Circuit ruling that the Treasury's Office of Foreign Assets Control (OFAC) overstepped by sanctioning Tornado Cash’s immutable smart contracts. The ruling recognized that autonomous software that no one controls cannot be classified as property. The ruling, the document reads, “...
Worldcoin, the crypto-based digital identity project co-founded by OpenAI CEO Sam Altman, is under scrutiny again as German regulators demand compliance with European Union (EU) data protection laws. The Bavarian State Office for Data Protection Supervision’s (BayLDA) investigation focused on how Worldcoin’s flagship technology, the World ID, is compliant with GDPR standards, as per a Thursday announcement. BayLDA has ordered Worldcoin, now rebranded as World, to implement a GDPR-compliant data...
There he goes again. Craig Wright, the computer scientist whom a UK court ruled in March was absolutely not Satoshi Nakamoto, was found in contempt of court Thursday for continuing to assert his identity as the mysterious inventor of Bitcoin. Wright, who is believed to be in Asia and did not show up for the London hearing, faced as much as two years in the slammer, per UK contempt-sentencing guidelines. High Court Judge James Mellor suspended the sentence for two years, provided that Wright stop...
