SFC

BlockSec
2026-09-10 06:38:08

BlockSec to host Hong Kong closed-door session on crypto security and compliance on Sept. 16

BlockSec said it will hold a closed-door event in Hong Kong on the afternoon of Sept. 16, 2026 under the title Harbouring Trust, with East Asia, Jumio and TiDB as co-hosts. The gathering is expected to bring together about 50 invited participants, mainly senior decision-makers and business leads from exchanges, wallets, payment and stablecoin firms, public-chain teams, professional service providers, SFC-licensed institutions in Hong Kong, and Invest Hong Kong. The discussion will center on three tracks: security, compliance and team readiness. Organizers said the backdrop is Hong Kong’s virtual-asset rulebook moving into implementation, including the operating VATP licensing regime, the start of the regulatory framework for stablecoin issuers, and continuing work on licensing for VA dealing, custody, advisory and asset management. The agenda includes a keynote by BlockSec co-founder and Chinese University of Hong Kong associate professor Zhou Yajin, a fireside chat on compliance boundaries, operations and growth, a cross-sector panel, a table introduction round, a Hot Seat session based on pre-event questionnaires, and a dinner after 18:00. The event is invitation-only, with a limited number of externally available seats subject to review.

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BlockSec to host Hong Kong closed-door session on crypto security and compliance on Sept. 16
Hong Kong
2026-09-09 13:11:47

Hong Kong lawmaker proposes dedicated digital asset unit at SFC, sets 2032 hub goal

Hong Kong legislator Duncan Chiu, who represents the technology and innovation sector in the Legislative Council, has released a policy proposal titled “3+3 Collaborative Development Blueprint” on how Hong Kong can align with the country’s future industries. In the document, Chiu calls for the city’s Securities and Futures Commission to establish a dedicated department focused on digital assets. The proposal also sets a target of turning Hong Kong into an international digital asset hub by 2032. Beyond the regulatory recommendation, the blueprint outlines several Web3-related initiatives, including building an early-stage investment channel for Web3 finance, exploring an over-the-counter fundraising mechanism described as a “Hong Kong version of the Web3 Pinksheet,” and promoting the tokenization of RWA physical assets as well as tokenized stocks.

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Hong Kong lawmaker proposes dedicated digital asset unit at SFC, sets 2032 hub goal
Hong Kong SFC
2026-09-08 03:55:25

Hong Kong SFC Blacklists 'King Kong Fund / King Kong Coin' as Unlicensed Entity

The Hong Kong Securities and Futures Commission (SFC) has added 'King Kong Fund / King Kong Coin Issuance Co., Ltd.' to its alert list of unlicensed companies. The entity claimed to have a Hong Kong address and phone number, and was suspected of conducting unlicensed activities targeting Hong Kong investors without SFC authorization. The SFC stated that the entity is not allowed to carry out regulated activities in Hong Kong or actively market its services to the Hong Kong public.

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Hong Kong SFC Blacklists 'King Kong Fund / King Kong Coin' as Unlicensed Entity
Futu
2026-09-07 03:59:24

Futu Links Stock Buying Power With Crypto Through Financing, Deposits and ETF Conversions

Futu Securities has received an upgrade approval to its Hong Kong Securities and Futures Commission Type 1 license in June 2026, becoming the city’s first brokerage to offer qualified clients financing for crypto trading. The company’s pitch is not just that stocks, ETFs and cryptocurrencies can appear on the same screen, but that investors can move buying power across asset classes with fewer transfers between brokers, exchanges, wallets and banks. At Bitcoin Asia 2026, Futu outlined three product tracks: funding stock purchases with crypto deposits, using pledged securities to obtain financing for crypto trades, and in-kind subscription and redemption for crypto ETFs. The setup keeps margin financing and client credit assessment on the brokerage side, while trade execution and custody for digital assets sit with a licensed virtual asset trading platform. The article also places Futu’s strategy against tokenized stock offerings from offshore exchanges such as Kraken and OKX. It argues that Futu is taking a licensed route into real brokerage infrastructure rather than offering price-linked on-chain stock tokens. That distinction, according to the report, centers on shareholder rights, legal certainty and whether assets can move directly into the traditional financial system.

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Futu Links Stock Buying Power With Crypto Through Financing, Deposits and ETF Conversions
Bitcoin
2026-09-04 02:12:00

Foresight panel splits on crypto “bull return” as rally meets macro and policy tests

Foresight News gathered a group of market participants for a long-form discussion on one question now dominating crypto: is the market seeing the start of a fresh bull cycle, or only a sharp recovery driven by short covering and better sentiment? The contributors, including IOSG Ventures’ Mario, XH Research Institute, BlockSec, Zeuspace’s Yaokun, JamesX, Stablehunter and Foresight deputy editor Joe Zhou, broadly agreed that the rebound since August is real. Bitcoin has climbed about 25% from its mid-year low, briefly moved above $81,000, and benefited from ETF inflows, short liquidations and improving expectations around US liquidity and crypto regulation. But that is where consensus ends. Some participants described the current phase as a late-bear to early-bull transition, while others argued the market still lacks the breadth, durable spot demand and dominant narrative usually seen in a confirmed bull market. The discussion also focused on how US interest rates, Treasury operations, SEC rulemaking and the stalled CLARITY Act could shape the next leg. On positioning, views ranged from heavy BTC and ETH core holdings to AI-driven systematic allocation, with repeated warnings against leverage, narrative chasing and assuming this cycle will unfold like the last one. Across the debate, one theme stood out: price alone is not enough. Contributors said a true bull market would need staying power, new capital channels, and real usage that remains after the rally cools.

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Foresight panel splits on crypto “bull return” as rally meets macro and policy tests
Hong Kong SFC
2026-09-03 08:39:34

Hong Kong SFC updates guidance for licensed funds investing in private market assets

The Securities and Futures Commission of Hong Kong has issued a revised Guidance on Licensed Funds Investing in Private Market Assets, setting out a clearer regulatory framework for authorized funds with exposure to the private market. The updated guidance covers fund valuation, liquidity management, disclosure, and the handling of conflicts of interest. According to the SFC, the changes respond to the growing presence of private market assets in fund portfolios and are intended to make sure fund managers have the right capabilities and procedures in place to manage the risks involved. The revised rules will take effect on Dec. 1, 2026, and will apply to both new applications and existing authorized funds.

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Hong Kong SFC updates guidance for licensed funds investing in private market assets
Hong Kong SFC
2026-08-29 10:40:20

Hong Kong SFC Flags Star Bridge Capital Over Unlicensed Operations; Five Arrested

According to a report by CryptoBriefing, Hong Kong's Securities and Futures Commission (SFC) has placed Star Bridge Capital Group on its official alert list, accusing the firm of carrying out unlicensed securities and futures business in the city. Police said they had received complaints from 54 investors, who said the platform, SBCFX, triggered abnormal forced liquidations in London gold CFD trading on August 19-20, causing losses ranging from about HK$5.92 million to HK$6.63 million. Five suspects, aged 26 to 43, have been arrested and the case is listed as suspected fraud. SBCFX announced on August 24 that it was shutting down its Asia business and told customers to close positions and withdraw funds by early September. The SFC warned that the Australian and South African licenses claimed by the platform carry no legal validity in Hong Kong, and that regulated activities in Hong Kong require an SFC license. It was also reported that some clients had deposited via USDT, which increased the difficulty of tracing the funds.

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Hong Kong SFC Flags Star Bridge Capital Over Unlicensed Operations; Five Arrested
Hong Kong SFC
2026-08-29 06:31:52

Hong Kong SFC Names Star Bridge Capital, SBCFX as Unlicensed Companies

Hong Kong’s Securities and Futures Commission (SFC) has named six entities as unlicensed companies, according to a ChainCatcher alert: Xingqiao Capital (星桥资本), Xingqiao Capital Group (星桥资本集团), SBCFX, Star Bridge Capital Group, Star Bridge Capital Pty Limited and Topical Wealth International Ltd. The SFC said the companies may not carry out regulated activities in Hong Kong or actively promote their services to the Hong Kong public, whether the promotion happens inside or outside Hong Kong. The listing follows an earlier incident in which Xingqiao Capital suffered abnormal forced liquidation in London gold trading; its Hong Kong office was empty after the incident. Some of the funds involved had been deposited through the USDT stablecoin, making the money harder to trace. Hong Kong police have accepted the case and are treating it as fraud for the time being. No arrests have been made so far in connection with the case, according to the same alert.

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Hong Kong SFC Names Star Bridge Capital, SBCFX as Unlicensed Companies