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.
ConsenSys will develop a proof-of-concept for cross-border payments following successful research between the two central banks.
ConsenSys wins contract for Thailand-Hong Kong CBDC project
Global developers can now start building projects on top of Tezos through China’s BSN.
China’s BSN International integrates support for Tezos network
The DAML smart contract language is getting more popular.
BNP Paribas connects to major stock exchanges with DAML smart contracts
Another massive Bitcoin ad rolls out in Hong Kong, urging citizens to “be their own bank.”
Hong Kong’s BTC association pushes ‘Bitcoin Tram’ ad campaign
China’s Ant Group is prepping for the largest IPO in history.
Jack Ma’s Ant Group files $30B IPO in Hong Kong and Shanghai
Despite the interest currently surrounding the digital yuan, some are not yet sure of the project’s overall scope and mainstream viability.
China’s Digital Yuan CBDC Is Close, but Many Details Remain Unknown
Gemini now supports the fiat currencies of Hong Kong, Australia and Canada.
Winklevoss' Gemini Adds Support for Hong Kong, Australian and Canadian Dollars