Bitcoin News / Bitcoinist - 1 year ago
Hong Kong has completed the first pilot phase of its central bank digital currency (CBDC), the digital Hong Kong dollar (e-HKD). The Hong Kong Monetary Authority (HKMA) is now preparing for the second phase of the CBDC pilot program. The Pilot, which...
Cryptocoins News / The Cointelegraph - 1 year ago
Phase one was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits and the settlement of Web3 transactions and tokenized assets....
Bitcoin News / Bitcoin.com - 1 year ago
British banking giant Standard Chartered-owned crypto custody firm Zodia is launching services in Hong Kong. “The Hong Kong government and the regulators see digital assets as the future and also want Hong Kong to be a hub,” the crypto firm’s C...
Bitcoin News / Bitcoinist - 1 year ago
Zodia Custody, a crypto-security firm owned by multinational bank Standard Chartered, has set its sights on the Asia-Pacific region, beginning with a launch in Hong Kong. This development, according to CNBC, marks a significant extension for the firm...
Cryptocoins News / Finance Magnates - 1 year ago
Zodia Custody is making its mark in Hong Kong as it extends its crypto security services to financial institutions in the region. Founded in 2020, the UK-based crypto arm of Standard Chartered aims to meet the institutional demand for crypto asset st...
Cryptocoins News / The Cointelegraph - 1 year ago
Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said. Zodia, the institutional cryptocurrency custod...
Bitcoin News / Bitcoinist - 1 year ago
Binance, the world’s leading cryptocurrency exchange, has recently been facing some speculation concerning its potential association with a newly unveiled trading platform in Hong Kong. According to local news media South China Morning Post, ci...
Cryptocoins News / Blockchain - 1 year ago
Hong Kong FinTech Week 2023, scheduled from October 30 to November 5, themed "Fintech Redefined," aims to shape fintech's future. Organized by Financial Services and the Treasury Bureau and InvestHK, it's expected to attract over 30,000 attendees and...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) are responding to the changing landscape of virtual assets. The regulators have updated their policies with increasing inquiries from intermediaries about distrib...
Bitcoin News / Bitcoin.com - 1 year ago
The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities int...
Cryptocoins News / The Cointelegraph - 1 year ago
The notice came more than a month after over a thousand users reported losses from the JPEX crypto exchange. The Securities and Futures Commission (SFC) of Hong Kong a...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitmain allegedly fires staff for speaking out against salary cuts, Hong Kong investors lose faith in crypto after the JPEX scandal, Bitget gets a new crypto credit card and more....
Cryptocoins News / The Cointelegraph - 1 year ago
41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study. Public attitude toward cryptocurren...
Bitcoin News / Bitcoinist - 1 year ago
Within the vast terrain of Asia’s crypto exchanges, OSL, operating under the aegis of Hong Kong’s BC Technology Group Ltd., has proved to be a standout, primarily because of its regulatory adherence. However, as recent revelations suggest, this...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong has allowed retail crypto trading since June. Just 47% of retail crypto investors in Hong Kong are aware of the Virtual Asset Trading Platform Regulatory Re...
Bitcoin News / Bitcoin.com - 1 year ago
The Hong Kong Monetary Authority (HKMA) has recently completed a series of tests regarding the programmability of the e-HKD, the proposed Hong Kong central bank digital currency (CBDC). While still in its initial phases, the e-HKD presents “int...
Bitcoin News / Bitcoinist - 1 year ago
The Hong Kong Police Force has raised awareness after 11 Binance customers fell victim to text message phishing scams. According to a Facebook post by CyberDefender, under the state’s police, fraudsters posed as Binance and sent malicious messa...
Cryptocoins News / Finance Magnates - 1 year ago
The global financial landscape is rapidly changing, owing in part to the rise of cryptocurrencies and blockchain technology. While several countries have taken a cautious yet progressive approach to digital assets, Hong Kong's position on retail stab...
Bitcoin News / Bitcoin.com - 1 year ago
The Chinese digital yuan, China’s central bank digital currency (CBDC), now features an interconnection with the Hong Kong payment system, allowing tourists coming to mainland China to purchase and top up a digital yuan wallet. The system, crea...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong police have issued a warning concerning a recent Binance phishing scam targeting Hong Kong users of the platform. Hong Kong’s police force has raised the ala...
Bitcoin News / Google News Bitcoin - 1 year ago
Report: Hong Kong Crypto Exchange JPEX Converts Users' Funds ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 1 year ago
The Hong Kong cryptocurrency exchange JPEX recently converted user funds to a native token known as JPC. According to JPEX, affected users will only be able to cash this token out after two years. One affected user said the crypto exchange did not in...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024. As Hong Kong progr...
Bitcoin News / Bitcoin.com - 1 year ago
Law enforcement officials and financial regulators in Hong Kong have teamed up to better identify illegal activities on cryptocurrency exchanges. The initiative, which comes in the wake of the crackdown on the JPEX exchange, seeks to improve coordina...
Bitcoin News / Bitcoinist - 1 year ago
Hong Kong’s Securities and Futures Commission (SFC) has allied with the Police to establish a group to monitor and investigate crypto exchange-related crimes. This development comes amid scandals involving the Dubai-based JPEX exchange, a leading Hon...
