If you haven't noticed yet, the crypto market is in free fall, but why?
Crypto has been falling rapidly the past few weeks with no indication of slowing down.
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:HKEX to launch Asia's first EU-compliant crypto index series, enhancing Hong Kong's position in digital finance with secure, regulated Bitcoin and Ether benchmarks.

Hong Kong Exchanges and Clearing Limited (HKEX) will launch the HKEX Virtual Asset Index Series on November 15, the first in Asia to comply with the European Union‘s Benchmarks Regulation (BMR). This launch reflects Hong Kong’s ambition to become a global digital finance leader and underscores HKEXs commitment to international standards, which aim to attract institutional investors.
In collaboration with UK-based benchmark administrator CCData, the new index series will begin with transparent benchmarks for Bitcoin and Ether, the largest cryptocurrencies by market value. CCData‘s expertise in virtual asset data and indexing supports HKEX’s goals of building secure, regulated digital finance solutions. By aligning with EU standards, HKEX aims to add credibility to the virtual asset space, a rapidly growing sector in the Asia-Pacific region.

The Virtual Asset Index Series launch is part of HKEX‘s larger strategy to strengthen Hong Kong’s digital asset ecosystem. Collaborations with fintech and blockchain companies help HKEX develop resilient infrastructure for the virtual asset market. Partnerships focused on blockchain infrastructure and custodial services will secure asset transactions, enhancing efficiency and ensuring a safe trading experience for investors.
Alongside index development, HKEX is advancing in tokenized assets and Security Token Offerings (STOs), using blockchain to bring traditional assets like stocks and bonds into the digital space. By working closely with local and international financial institutions, HKEX is helping to establish regulatory frameworks for issuing, listing, and trading these assets. This expansion broadens HKEXs offerings, appealing to investors seeking new asset classes in a regulated environment.
HKEX‘s Virtual Asset Index Series marks more than just a new product—it embodies Hong Kong’s strategic vision to lead in digital finance. By meeting EU standards and partnering with fintech pioneers, HKEX is setting a new standard for Asia‘s virtual asset markets. As Hong Kong advances its digital infrastructure and regulatory framework, HKEX’s initiatives promise secure, transparent, and forward-looking investment opportunities. This proactive approach positions Hong Kong at the forefront of digital finance, ensuring competitiveness in a global financial landscape that continues to evolve.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Crypto has been falling rapidly the past few weeks with no indication of slowing down.

Discover PU Prime’s new campaign, “The Grind,” and learn how trading discipline builds long-term success. Watch and start your trading journey today!

IG boosts FCA compliance by integrating Adclear’s AI tools. Learn how automation accelerates marketing approvals and ensures regulatory accuracy.

The Indian Finance Minister Nirmala Sitharaman, while announcing the Union Budget 2026-27, proposed a sharp rise in the Securities Transaction Tax (STT) on Futures and Options as part of the government’s strategy to soothe the country’s overheated derivatives market. The move comes on the backdrop of regulators’ concerns over excessive speculation in F&O allowing retail traders to enter the market and lose capital. Whether the government will be able to curb excessive speculation in F&O through this move remains to be seen. The stock indices, however, were hit hard, with the BSE Sensex falling by 1500 points amid widespread selling on the STT hike. Let’s examine the potential impact of this hike on Indian F&O traders.