News
Another global bank believes that digital assets are the future of the global economy.
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Hong Kong News
Hong Kong, officially the Hong Kong Special Administrative Region of the People's Republic of China, is an administrative district of China and one of the leading economic centers not only in Asia, but in the world. The main feature of the district is that it has the right to craft its own legislation. The economy of the territory has a free market, low taxes and governmental non-interference, all of which attracts people to use virtual currencies on the market. The attitude toward cryptocurrency differs between China and Hong Kong, as the first one has banned both the use of digital currencies as a payment and conducting ICO. In Hong Kong, there has not yet been any regulation of Bitcoin and the government doesn’t see any necessity for implementing any. The cryptocurrency market in Hong Kong has various platforms and projects, which makes this area very decent for related businesses.
- News
ConsenSys will develop a proof-of-concept for cross-border payments following successful research between the two central banks.
3762 - News
Global developers can now start building projects on top of Tezos through China’s BSN.
8568 - News
The DAML smart contract language is getting more popular.
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Another massive Bitcoin ad rolls out in Hong Kong, urging citizens to “be their own bank.”
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China’s Ant Group is prepping for the largest IPO in history.
7667 - Analysis
Despite the interest currently surrounding the digital yuan, some are not yet sure of the project’s overall scope and mainstream viability.
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Gemini now supports the fiat currencies of Hong Kong, Australia and Canada.
3172 - News
Showing up in person to steal cash from a digital asset machine?
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China’s CBDC is on its way to Hong Kong.
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Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law.
2415 - News
Micree Zhan released a scathing letter directed towards fellow Bitmain co-founder Jihan Wu, offering to buy out control of the company.
8373 - News
Nearly 40% of new fintech firms to launch in Hong Kong over the past year are operating in the blockchain sector.
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Arrano Capital, the blockchain arm of Venture Smart Asia, announced they had met the regulatory requirements in HK to launch a crypto fund.
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Hong Kong Stock Exchange-listed BC Group, the operator of institution-focused digital assets trading platform OSL, reported a 737% increase in revenue in 2019.
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