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
The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, o...
Hong Kong begins discussions to introduce stablecoin regulatory framework
Arijit Sarkar
2022-01-15T06:25:18+00:00
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News
According to the Nikkei report, the crypto exchange was unable to compete with major companies including BitFlyer and Coincheck and “profits were tapering.”
Japan-based crypto exchange DeCurret plans to sell to HK's Amber Group: Report
Turner Wright
2022-01-13T17:30:00+00:00
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News
Crypto holders want to use their assets to shop, and stores around the globe are starting to take heed.
Visa survey shows that 24% of SMBs plan to accept crypto payments
Ezra Reguerra
2022-01-13T08:53:38+00:00
6466
News
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules.
Hong Kong Monetary Authority aims to oversee stablecoin reserves
Helen Partz
2022-01-12T13:26:47+00:00
2540
News
Five clients reportedly filed police complaints after token withdrawals were apparently halted, leaving them unable to reclaim around $55,000 in cryptocurrency ...
Hong Kong-based Coinsuper allegedly blocks customers' withdrawals
Arnold Kirimi
2022-01-07T16:00:00+00:00
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News
Sun Hung Kai reportedly became the biggest seller of new homes in Hong Kong in January 2022.
Hong Kong real estate giant leads $90M raise for crypto bank Sygnum
Helen Partz
2022-01-06T11:55:19+00:00
3469
Analysis
Is Ethereum the blockchain of choice for financial institutions in Southeast Asia, or will companies seek alternatives due to limitations?
Southeast Asian financial institutions turn to the Ethereum blockchain
Rachel Wolfson
2021-11-22T14:52:00+00:00
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News
Insurance and risk management for digital assets will increase investor confidence, said OneDegree.
Hong Kong firm to offer insurance for Asian cryptocurrency holdings
Arnold Kirimi
2021-11-11T12:38:17+00:00
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