City Hong Kong Financial News

28.05 / 17:41

Adoption Web3 Beijing Unveils 'Web3 White Paper' to Foster Innovation and Advancing the Industry

The Beijing Municipal Science and Technology Commission has released a white paper in a bid to foster innovation and development within the Web3 industry.

28.05 / 10:15

regulation Web3 HK HK Police Launch CyberDefender to Help Protect Citizens in the Metaverse

The Hong Kong Police Force has launched CyberDefender, a new metaverse platform aimed at educating the public about the potential dangers associated with Web3 and the metaverse.

28.05 / 07:53

Technology Adoption regulation Web3 Beijing releases white paper for Web3 innovation and development

Beijing’s municipal government has unveiled a white paper to foster innovation and advance the Web3 industry.

28.05 / 06:15

NFT hacks Cybersecurity Metaverse Cybercrime Police The Hong Kong Police Force launch metaverse platform, ‘CyberDefender’

The cyber security unit of the Hong Kong Police Force have launched CyberDefender, a new metaverse platform designed to educate the public of the potential dangers associated with Web3 and the metaverse.

28.05 / 02:33

Provident Platform SFC Framework regulatory Hong Kong SFC Finalizes Regulatory Framework for Virtual Asset Trading Platforms

The Securities and Futures Commission (SFC) of Hong Kong concluded a consultation period today, revealing the finalized regulatory requirements for operators of virtual asset trading platforms licensed by the SFC.

27.05 / 15:15

business Blockchain Ripple BitStamp Ledger CEX recovery Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down

Another centralized exchange (CEX) bites the dust, with Hotbit announcing it will close operations due to adverse business conditions. As is common among CEX collapses in recent months, the crypto firm mentioned FTX, the ongoing banking system crisis, and even a probe, as reasons for its cash flow problems.

25.05 / 19:03

Deal Binance CEO: China TV Broadcast 'Big Deal' for Crypto

A segment on Chinese state television about crypto has caught the attention of the cryptoverse, with Binance CEO Changpeng Zhao (CZ) pointing out that similar reporting in the past has triggered bull runs.

24.05 / 19:41

Binance CZ binance China Central Television’s Segment on Crypto Garners Attention Around the World

China Central Television aired a segment on Tuesday involving virtual assets, which garnered attention from around the world.

24.05 / 00:21

NFT Metaverse Best crypto to buy today NEO Best Crypto Best Crypto To Buy Now Best Crypto to Buy Now 23 May – Conflux, Copium, Neo, AiDoge.com, Kava, Sponge, Ecoterra

Hong Kong's financial regulator announced it will allow retail investors to trade certain cryptocurrencies starting June 1, perhaps contributing to a small boost to Bitcoin's price in the past 24 hours.

23.05 / 15:07

Binance Advertising Legal Asia Today in Crypto: FBI Issues Alert About Scam Crypto Job Ads, Binance Dismissed from a Tinder-Related Lawsuit, Hong Kong to Allow Licensed Platforms to Serve Retail Investors

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

19.05 / 09:37

Adoption HashKey valuation Crypto Firm Hashkey Eyes $1 Billion Valuation, Capitalizing on Hong Kong's Digital Shift

Hong Kong-based digital asset firm HashKey Group aims to raise funds at a valuation of more than $1 billion.

18.05 / 14:55

Citi Digital CEO Platform Fighting Huobi Chinese State-Owned Greenland Eyes Hong Kong Virtual Asset Trading License

Chinese state-owned real estate firm Greenland Holdings has expressed interest in joining Hong Kong's digital assets hub.

18.05 / 13:09

Digital HK Hong Kong to run e-HK CBDC trials with 16 firms

The central bank committed to exploring further the potential for a retail central bank digital currency (CBDC) in September, after a positive response to consultations scoping out the technical and policy perspectives. The first round of pilots will take deep dives into potential use cases in six categories, including full-fledged payments, programmable payments, offline payments, tokenised deposits, settlement of Web3 transactions and settlement of tokenised assets.

18.05 / 11:33

business CBDC Ripple regulation HKMA e-HKD Ripple to demonstrate tokenization in HKMA e-HKD pilot program using new CBDC platform

Ripple will participate in the Hong Kong Monetary Authority’s (HKMA’s) digital Hong Kong dollar (e-HKD) central bank digital currency (CBDC) pilot program by showcasing a real estate asset tokenization solution. The company will reveal its new CBDC platform at the same time.

15.05 / 19:43

Hackers hacks regulation Elliptic Japan leads world in losses from North Korean crypto hacking with 30% of total: Report

Japan is the biggest loser of cryptocurrency to North Korean hackers, according to a study by blockchain analyst Elliptic. Asian countries make up three of the four top targets for the so-called Hermit Kingdom’s hackers, Elliptic found.

08.05 / 03:13

business regulation Trading interview retail Bitcoin Regulation Hong Kong to step in as ‘options are dwindling’ globally — FinTech chair

Crypto-friendly Hong Kong is still gung-ho about giving its citizens access to crypto trading despite other jurisdictions “taking a step back,” claims the chair of the FinTech Association of Hong Kong (FTAHK).

05.05 / 13:25

regulation Web3 Bitcoin China’s crypto stance unchanged by moves in Hong Kong, says exec

Despite Hong Kong steadily progressing with cryptocurrency adoption, mainland China has not changed its anti-crypto stance in terms of local regulations.

01.05 / 03:39

UPS Ethereum Ripple SEC Platform Bitcoin network regulatory Neo (NEO) And Ripple (XRP) Trapped In Regulatory Net While Collateral Network (COLT) Predicted To Achieve 3500% Growth

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28.04 / 11:29

business Bitcoin open Hong Kong regulator requires banks to open accounts for crypto firms

The Hong Kong Monetary Authority (HKMA), the region’s central banking institution and regulator, has called on banks to provide services to cryptocurrency firms.

28.04 / 00:17

Blockchain Provident MET FIVE Digital CEO Hong Kong is On the Path to Become a Hub for Crypto Capital Markets, CEO of RockTree Capital

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

27.04 / 18:19

business regulation banking NOT Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients

One size does not fit all when it comes to Anti-Money Laundering (AML), the Hong Kong Monetary Authority (HKMA) reminded banks on April 27. Banks should not make it unnecessarily hard to open accounts.

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