City Hong Kong Financial News
16.06 / 09:17
Law
BitMEX
Court
Jail
BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation
Benjamin Delo the co-founder of cryptocurrency exchange BitMEX has been sentenced to 30 months probation for violating the Bank Secrecy Act (BSA), which is an anti-money laundering law.
10.06 / 13:11
Blockchain
ETF
Asia
Samsung
Samsung Asset Management to launch blockchain ETF in Hong Kong
Hong Kong-based Samsung Asset Management (SAMHK), a local subsidiary of Samsung’s investment arm, is moving forward with a blockchain-themed exchange-traded fund (ETF).
09.06 / 12:17
Blockchain
Lowe's
CEO
Platform
Wine
Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia
Hong Kong-based wine importer and distributor Grand Cru Cellar (GCC) has announced plans to enter the non-fungible token (NFT) industry.
06.06 / 19:37
Blockchain
regulation
Investments
Hong Kong's Securities and Futures Commission warn of nonfungible token risks
On Monday, Hong Kong's Securities and Futures Commission (SFC) released a statement warning investors about the risks of nonfungible tokens, or NFTs, which have soared in popularity in recent years. The regulatory body wrote:
06.06 / 12:21
Discover
Hong Kong Startup BEAM+ LAB's Exhibition to Celebrate Launch of CRYPTYQUES NFT
Hong Kong startup BEAM+ LAB is hosting an interactive exhibition at the Haus of Contemporary from June 8 to 26 to celebrate the launch of CRYPTYQUES, non-fungible token (NFT) collectables based on classic Hong Kong movies.
02.06 / 12:49
Blockchain
Provident
Platform
Cathay
Local Hong Kong Firms Raise Funds for NGOs Through NFTs
Three local Hong Kong companies are raising funds for non-governmental organisations (NGOs) through non-fungible tokens (NFTs) to support green initiatives and sustainability.
01.06 / 08:41
COST
Manufacturing
CEO
Tesla
Chinese electric car start-up WM Motor files to go public in Hong Kong
BEIJING — Chinese electric car start-up WM Motor filed Wednesday to go public on the Hong Kong Stock Exchange.
30.05 / 17:53
Adoption
Gaming
play
NFT Play-to-Earn Gaming Most Popular in India, Hong Kong, and UAE, Survey Finds
Play-to-earn (P2E) games based on non-fungible tokens (NFTs) are most popular in India, where a whopping 34% of internet users who participated in a survey said that they had played such a game.
30.05 / 13:17
Blockchain
Provident
Digital
Platform
Hong Kong to Host One of Asia's Largest NFT Exhibitions in June
One of Asia's largest non-fungible tokens (NFTs) exhibitions titled "ARTAVERSE" will be hosted in Hong Kong starting on June 3.
26.05 / 12:49
Blockchain
Digital
Platform
Mobile
PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse
PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox.
18.05 / 12:43
Provident
Digital
Mobile
Future
E-HKD’s Development in Hong Kong- The Future Way of Currency?
A study shows that 90% of surveyed central banks worldwide are exploring the future issuance of central bank digital currencies (CBDCs). Blockchain.News interviewed industry experts to find out the outlook of Hong Kong’s digital currency and its potential adoption.
17.05 / 11:27
cryptocurrency
Stablecoin
Bitcoin
Luna
Opinion: The Hong Kong Dollar Is The Best Stablecoin. Sorry, Terra And Luna
The celestial algorithm that keeps the moon in its orbit around the earth clearly works a lot better than the one that governed Luna and Terra. The cryptocurrency pair's collapse last week has put a question mark on the very premise of stablecoins: stability.
13.05 / 14:15
Blockchain
Ethereum
CEO
Platform
Fine
World's 1st Fine-Dining NFT Concept Auction to Conduct in May
The world’s first fine-dining non-fungible token (NFT) concept has announced its NFT dining auction schedules.
12.05 / 14:51
cryptocurrency
All about Campbell Wilson, new CEO and MD of Air India
Campbell Wilson, who was appointed as the new chief executive officer (CEO) and Managing Director (MD) of Air India by Tata Sons on Thursday, is a supporter of environment sustainability.
10.05 / 11:43
Blockchain
NFT
Creating a one-stop NFT solutions platform: In a conversation with ChainUp
Nonfungible token (NFT) infrastructure is growing, with more people interested in the technology than ever before. However, with this high magnitude of momentum, the industry needs to catch up with effective solutions to fulfill users’ needs without complicating the overall experience. Cointelegraph talked to Jeff Mei, ChainUp chief marketing officer, about the current NFT landscape and ways to improve it.
08.05 / 17:07
Election of new Hong Kong leader "violates democratic principles"
Hong Kong has a new leader to replace outgoing Chief Executive, Carrie Lam.
03.05 / 07:17
29.04 / 12:43
ETH
Digital
HSBC
Hong Kong's K11 MUSEA Launches Large-scale Showcase of NFTs
Hong Kong's K11 MUSEA is launching a large-scale showcase of non-fungible token (NFT) art from April 29 to June 19, 2022, along with educational workshops and talks for all ages.
28.04 / 14:19
Citi
Digital
Strategy
Mobile
HKMA
e-HKD
consultation
HKMA Seeks Public Consultation for e-HKD Development
In Hong Kong, the local financial regulator has issued a discussion paper to the public, asking for the public opinions about introducing domestic retail central bank digital currency (rCBDC), or e-HKD.
28.04 / 06:45
Blockchain
Stablecoin
Central Bank
Hong Kong watchdog warns stablecoins could undermine HKD in CBDC paper
The Hong Kong Monetary Authority (HKMA) has warned that stablecoins could undermine the Hong Kong dollar in a just released discussion paper about its retail central bank digital currency, e-HKD.
28.04 / 02:37
Digital
Strategy
Hong Kong publishes CBDC discussion paper
Last year the Hong Kong Monetary Authority released a technical white paper on a possible e-HKD, looking at design options for issuing and distributing retail CBDCs, including an arrangement that allows transaction traceability in a privacy-amicable manner. Now, the HKMA is moving on to other issues, including the potential benefits and challenges of a CBDC, design considerations such as issuance mechanism, interoperability with other payment systems, privacy and data protection and legal considerations, as well as use cases.
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