Hong Kong’s fintech market is projected to hit $606 billion by 2032, driven by blockchain, digital assets, AI and a proactive Web3 licensing regime.
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India’s Web3 ecosystem, driven by Gen Z developers, saw rapid growth in 2024, with investments surging 224% despite stringent crypto tax policies.
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Hong Kong’s Cyberport expands AI and Web3 research with $125 million in funding, boosting blockchain development and AI talent programs.
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HK Asia purchased just one Bitcoin and saw its share price spike nearly 93% as a result.
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Hong Kong financial secretary Paul Chan Mo-po says an exciting upcoming development is the intersection of AI and blockchain, which he said would create more use cases.
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The trio plans to launch a Hong Kong dollar-backed stablecoin and apply for a license under Hong Kong’s upcoming stablecoin bill.
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HashKey, a licensed crypto exchange in Hong Kong, secured a $30 million investment from China-based VC firm Gaorong Ventures at a $1.5 billion valuation.
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The country’s securities regulator will also allow 3,500 corporations and professional investors to open “real-name” accounts on cryptocurrency exchanges as part of a pilot program.
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Metaplanet, OSL Group and Boyaa led the crypto stock downturn as Bitcoin fell to $91,163 amid broader market fears over tariff trade wars.
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Hong Kong’s Securities and Futures Commission has issued two new crypto trading platform licenses, bringing the total to seven since mid-2024.
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Japanese firm Metaplanet plans to raise roughly $745 million to fund Bitcoin purchases, aiming for 21,000 BTC by 2026 as part of its strategy to lead Japan’s Bitcoin renaissance.
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Upbit and Bithumb will compensate investors $2.5 million after service outages caused by a surge in crypto activity during South Korea's martial law declaration.
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The Hashgraph Association has partnered with Taurus to advance secure custody, staking and tokenizing Hedera’s HBAR cryptocurrency globally.
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Former Thai PM Thaksin Shinawatra urges stablecoin adoption and online gambling legalization to boost Thailand’s revenue and innovation.
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Indian Railways has partnered with Chaincode Consulting to issue NFT-based tickets for the MahaKumbh Mela festival, integrating with the Polygon blockchain for scalability.
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