Cryptocoins News / CoinJournal - 7 months ago
Hong Kong authorities have order Worldcoin (WLD) to cease biometric data collection in the country.
Despite regulatory setbacks, Worldcoin’s user base has grown to 10 million users.
The price of WLD temporarily dropped below $5 following the b...
by COINS NEWS - 7 months ago
According to a Hong Kong Standard report on May 22, the PCPD released its findings of the investigation on Wednesday, establishing that the face and iris images collected by Worldcoin from around 8,302 people were “unnecessary and excessive.”...
Cryptocoins News / Finance Magnates - 7 months ago
Hong Kong’s Office of the Privacy Commissioner for Personal
Data (PCPD) has concluded its investigation into the Worldcoin project,
determining that its operations in the city violated the Personal Data Privacy
Ordinance (PDPO). Privacy Commissioner...
Bitcoin News / Bitcoin.com - 7 months ago
Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly presenting “hell money” to a customer, leading the customer to transfer approximately HK$1 million ($128,...
Bitcoin News / Bitcoin Magazine - 7 months ago
The Bitcoin Asia conference held on May 9 and 10, 2024 in Hong Kong demonstrated a significant milestone in the adoption of bitcoin as a legitimate medium of exchange.This article outlines the strategies and technologies implemented to facilitate sea...
Bitcoin News / Google News Bitcoin - 7 months ago
Case Study: Enabling Bitcoin as a Medium of Exchange at the Bitcoin Asia Conference in Hong Kong& & Bitcoin Magazine
Bitcoin News / Bitcoinist - 7 months ago
In a significant move towards enhancing digital currency use, Hong Kong residents can now set up personal digital yuan or e-CNY wallets, as announced by the Hong Kong Monetary Authority (HKMA).
This development, part of a collaboration with the Peopl...
Bitcoin News / Bitcoin.com - 7 months ago
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets. Inconsistent Inflows and Outflows Mark Hong Kong Bitcoin ETFsȁ...
Bitcoin News / Google News Bitcoin - 7 months ago
Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch – Finance Bitcoin News& & Bitcoin.com NewsOver 600 Financial Institutions Reveal Billions Invested in US Spot Bitcoin ETFs& & Yahoo FinanceMorgan Stanley Latest Bank to Disclose Spot Bitc...
Bitcoin News / Bitcoin.com - 7 months ago
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to increase e-CNY wallet usage in Hong Kong. Residents can now set up and top up wallets via the Faster Pa...
Cryptocoins News / Finance Magnates - 7 months ago
The virtual
asset management provider HashKey Capital Limited has secured both Type 4 and
upgraded Type 9 licenses from the Securities and Futures Commission (SFC),
becoming the first licensed corporation to offer a complete suite of securities
and v...
Cryptocoins News / Blockchain - 7 months ago
The Securities and Futures Commission (SFC) introduces broader offerings for master-feeder ETFs in Hong Kong. (Read More)
Bitcoin News / Bitcoinist - 7 months ago
In a startling development in Hong Kong’s crypto sector, a scam involving “hell banknotes” has led to the arrest of three employees from a crypto exchange shop in Tsim Sha Tsui.
The suspects allegedly deceived a customer into transf...
Bitcoin News / Google News Bitcoin - 7 months ago
Bitcoin Asia in Hong Kong attracts major interest from mainland as attendees look to top market where crypto is banned& & South China Morning Post
Bitcoin News / Bitcoinist - 7 months ago
Harvest Global Investments, a Chinese fund house and one of the issuers of Hong Kong’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs), has confirmed plans to potentially open these funds to mainland Chinese investors through the Hong Ko...