Bitcoin News / Bitcoin.com - 2 years ago
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants...
Bitcoin News / Bitcoinist - 2 years ago
Hong Kong is now contemplating changing its crypto trading requirements, in a way attempting to be different from China on the all-out crypto ban.
It is now planning to take action as it wants to attain the status of being a global cryptocurrency hub...
by COINS NEWS - 2 years ago
The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region....
Cryptocoins News / Blockchain - 2 years ago
Hong Kong wants to take action to become an international virtual assets center by launching several legal initiatives related to emerging technologies in the crypto industry. (Read More)
Cryptocoins News / The Cointelegraph - 2 years ago
Hong Kong’s securities regulator wants to allow retail investors to invest directly in virtual assets and to reconsider current crypto trading requirements. Hong Kong...
Bitcoin News / Bitcoin.com - 2 years ago
The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest directly in crypto assets. “We’ve had...
Cryptocoins News / Blockchain - 2 years ago
Hong Kong leader John Lee delivered his first policy address Wednesday, indicating that the administration has introduced a bill to propose establishing a statutory licensing regime for virtual asset service providers. (Read More)
Cryptocoins News / Blockchain - 2 years ago
The Hong Kong Special Administrative Region's government will release the plans for the development of virtual assets in the city during FinTech Week by the end of this month. (Read More)
Bitcoin News / Bitcoin.com - 2 years ago
According to a report from a pro-democracy group in Hong Kong, Paypal HK has reportedly stopped processing payments for the League of Social Democrats (LSD). The pro-democracy group said that they were “stunned” to hear the news...
Cryptocoins News / Blockchain - 2 years ago
Hong Kong's Polytechnic University is offering a postgraduate course in the metaverse and blockchain-related technology from September 2023, costing around $40,000 for tuition fees. (Read More)
Bitcoin News / Bitcoin.com - 2 years ago
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came...
Cryptocoins News / Blockchain - 2 years ago
Huobi is being acquired by About Capital, an investment company headquartered in Hong Kong. The deal, announced Friday, should close in the next few days. The firms did not disclose the financial terms. (Read More)
Cryptocoins News / Blockchain - 2 years ago
PricewaterhouseCoopers (PwC) Hong Kong and Metaverse Technology Company TerraZero Enter into Collaboration to Explore Metaverse Products and Services. (Read More)
Bitcoin News / Bitcoin.com - 2 years ago
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of...
Bitcoin News / Bitcoin.com - 2 years ago
Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week, the Hong Kong Monetary Authority (HKMA) revealed it intervened in forex markets...
Bitcoin News / Bitcoin.com - 2 years ago
China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as this year, in preparation for eventual roll-out. The territory is trying to catch up with those that are already launching c...
Cryptocoins News / The Cointelegraph - 2 years ago
The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite the lack of an “imminent role” for the currency....
Cryptocoins News / Blockchain - 2 years ago
C Capital, a fund owned by Hong Kong real estate tycoon Adrian Cheng, plans to raise $500 million in the next 18 months to invest in blockchain and digital assets. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Move-to-earn app STEPN announced that it is opening an office in Hong Kong despite COVID-19 restrictions and a tough regulatory environment. (Read More)
Cryptocoins News / Blockchain - 2 years ago
According to a report from the South China Morning Post (SCMP), riding on an earlier report from Bitstamp, which surveyed 253 Hong Kong institutional investors, as many as 9% said they will reduce their exposure to the nascent asset class or stop inv...
Bitcoin News / Bitcoin Magazine - 2 years ago
As tightening authoritarianism from China strips Hong Kong of financial freedom, Bitcoin offers its people a chance at forging their own paths.This is an opinion editorial by Margarita Groisman, a technology engineer invested in the power of Bitcoin...
Bitcoin News / Google News Bitcoin - 2 years ago
Hong Kong University Takes First Step To Build Immersive Metaverse Campus, Bitcoin Down 2%& & Outlook India