Chinese Banks Embrace Crypto in Hong Kong
Hong Kong's ambitious goal to become a leading crypto hub has opened an opportunity for many state-affiliated banks in China. The Chinese banks, despite a blanket ban on crypto-related activities…
Hong Kong's ambitious goal to become a leading crypto hub has opened an opportunity for many state-affiliated banks in China. The Chinese banks, despite a blanket ban on crypto-related activities…
In a recent blog post, Paul Chan, the financial secretary of Hong Kong, emphasized the need for the city to push forward with Web3 technology, despite the ongoing volatility in…
The cryptocurrency industry has been at the forefront of technological innovation for quite some time, and the United States has been a leader in the sector. However, recent US government…
Hong Kong is once again opening up to the crypto market, as local investors launch a $100 million fund to finance the digital industry. The new fund, ProDigital Future, will…
Hong Kong-based crypto firms preparing for the new licensing regime for crypto exchanges in June have found unexpected allies in the region. Chinese state-owned banks, including Shanghai Pudong Development Bank,…
Australia's Independent Reserve Eyes Expansion to Hong Kong Amidst Proposed Licensing Regime for Crypto Exchanges Independent Reserve, a cryptocurrency exchange based in Australia, is looking into expanding its business in…
A large increase in the number of financial losses brought on by bitcoin scams has been seen in Hong Kong in the year 2022. According to reports from the local…
Binance, one of the world's largest cryptocurrency exchanges, has launched a new campaign aimed at preventing scams in cooperation with local law enforcement agencies. The initiative, called the "Joint Anti-Scam…
Following the announcement that the Hong Kong government intends to infuse 50 million Hong Kong dollars ($6.4 million) into Web3 as part of the city's budget for the 2023-24 fiscal…
The Securities and Futures Commission (SFC) in Hong Kong is seeking comment from the general public on its most recent proposed licensing framework for cryptocurrency exchanges. The SFC has asked…