News about HONG KONG

News about Hong Kong

Hong Kong International Airport Launches First-Ever Metaverse

Hong Kong International Airport (HKIA) has partnered with JCDecaux Transport Hong Kong to introduce the first-ever HKIA Metaverse. (Read More)

Hong Kong Accountant Duped Of $128,000 In Tether, Police After Crypto Syndicate

Hong Kong police are searching for a crypto scammer operation after an account was conned of HK$1 million The 29-year-old victim was duped into accepting fake bank notes in exchange for $127,750 in Tether’s stablecoin USDT.Sources say the sour...

Hong Kong Empowers Trading Platforms With Virtual Asset Education Program

To position itself as a digital hub amidst global regulatory scrutiny of online assets, the Hong Kong Securities and Investment Institute (HKSI) plans to provide training for virtual asset platforms. Supported by the local regulator Securities and Fu...

Rush for Hong Kong’s crypto licenses yet to translate to jobs: Recruiters

Hundreds of firms have been lining up for a Hong Kong crypto license, but recruiters say they are yet to see an accompanying rush for talent. Crypto firms may appear t...

Hong Kong Aims to Lead in Green Finance and Web 3.0, Says Financial Secretary

Hong Kong is setting its sights on becoming a global leader in two new fields: green finance and Web 3.0, according to a recent speech by the city's Financial Secretary Paul Chan. (Read More)

BitgetX joins HKVAC as it aims for exchange license in Hong Kong

The Hong Kong Virtual Asset Consortium was established on May 31 to create indexes and rating services for cryptocurrencies. According to a July 4 announcement, crypt...

Hong Kong Scholars Propose HKD Stablecoin Backed by Government Reserves

In a bid to assert dominance in the blockchain sector and drive the development of a digital Hong Kong dollar, a group of scholars led by Cai Wensheng, Vice President of the Hong Kong University of Science and Technology, has proposed the creation of...

Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin

“Issuing a stablecoin pegged to the Hong Kong dollar not only helps to solidify Hong Kong’s leadership in the blockchain sector but also propels the progress of the digital Hong Kong doll...

U.S. crypto regulatory uncertainty could be Hong Kong’s gain - Yat Siu

Animoca Brands founder Yat Siu believes Hong Kong’s efforts to foster the Web3 ecosystem are in stark contrast to regulatory uncertainty hampering development in the United States....

HKUST Vice-President Urges Hong Kong to Issue Stablecoin HKDG

According to TKWW, key figures including HKUST Vice-President suggest that the Hong Kong government should issue its own stablecoin, referred to as HKDG, as a strategic move to bolster the city's digital economy. (Read More)

Bank of China Hong Kong Completes Digital RMB Sandbox Trial

Bank of China Hong Kong announces that the second phase of its digital Renminbi (e-CNY) priority experience events, staged in collaboration with Bank of China's mainland branches, was a success. (Read More)

Hong Kong Mobilizes Task Force To Drive Web3 Advancements, What’s Their Master plan?

In order to actively embrace the emerging “megatrend” of Web3 development, Hong Kong maintains a strong commitment and has taken initiatives to monitor and regulate its progress. To accomplish this, an inclusive collective consisting of b...

Hong Kong Boosts Web3 with New Task Force

On June 30th, 2023, Hong Kong's government revealed the creation of a pivotal initiative - the Task Force on Promoting Web3 Development. This significant step, led by Financial Secretary Paul Chan, includes fifteen non-official members selected from...

Hong Kong establishes task force to advance Web3 development

The task force will advise on the “sustainable and responsible” development of Web3 in Hong Kong, according to the statement. As part of Hong Kong’s ongoing commitment...

Disregarding the terrible US regulations, and especially in the face of the Binance and Coinbase lawsuits, crypto firms are nevertheless expanding worldwide. Hong Kong and the UAE are of particular interest

Crypto firms in the US have difficult times for obvious reasons. In spite of this, or perhaps because of it, many firms are expanding to other place. A lot of this has occurred around and mostly after the most recent crackdown on Coinbase and Binance...

USDC Issuer CEO Thinks Dogecoin, Altcoins Will Blow Up Because Of China And Hong Kong

submitted by /u/Satansmybro [link] [comments]

China crypto narrative is alive as HSBC supports trade in Bitcoin and Ethereum Futures ETF in Hong Kong

submitted by /u/Elleucas [link] [comments]

Don’t overlook Tokyo and Hong Kong as Crypto Hot Spots

submitted by /u/Lord-Nagafen [link] [comments]

Hong Kong Rating Agency Adds DOGE, XRP, ADA, SHIB, Others To Crypto Index

Hong Kong has taken a significant step forward in embracing crypto as it re-opened its doors to the world of digital assets at the beginning of the month. In a bid to position itself as a leading global financial hub for innovative technologies, the...

HSBC Enables Bitcoin and Ethereum ETF Trading on Mobile Apps in Hong Kong

Banking giant HSBC has begun letting customers buy and sell bitcoin and ethereum exchange-traded funds (ETFs) that are listed on the Hong Kong stock exchange (HKEX) using its mobile apps. The stock exchange currently has three crypto futures ETFs lis...

HSBC Hong Kong Launches Support for Bitcoin and Ethereum ETFs

submitted by /u/Asleep_Ambassador_66 [link] [comments]

HSBC Hong Kong Launches Support for Bitcoin and Ethereum ETFs - Decrypt

HSBC Hong Kong Launches Support for Bitcoin and Ethereum ETFs& & Decrypt

Hong Kong’s HSBC Allows Customers To Trade Bitcoin ETFs, Signaling A Shift In Traditional Banks' Stance

Hong Kong's leading financial institution, HSBC, has made a significant move by allowing its customers to trade Bitcoin exchange-traded funds (ETFs). This development marks a notable shift in the stance of traditional banks towards bitcoin, as HSBC h...

Hong Kong's HSBC Allows Customers To Trade Bitcoin ETFs ... - Bitcoin Magazine

Hong Kong's HSBC Allows Customers To Trade Bitcoin ETFs ...& & Bitcoin Magazine

Hong Kong's HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That's Not Really News - CoinDesk

Hong Kong's HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That's Not Really News& & CoinDesk

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