Hong Kong Financial News

30.03 / 05:05
CFTC regulation SEC Fair crypto laws ‘possible’ in the US but needs ‘a lot of work’ — Crypto Council advisor
There are still industry executives that remain hopeful the United States will develop laws to treat crypto fairly, however, an advisory to the Crypto Council for Innovation warns it will take “a lot of work.”
29.03 / 20:53
regulation Social Media Telecommunications Anti-TikTok RESTRICT Act could be turned against crypto and much else, think tank warns
The RESTRICT Act, a bipartisan bill introduced earlier this month into the United States Senate, could be applied in broad and unexpected ways, including to threaten crypto, should it become law, think tank Coin Center warned in its blog. 
29.03 / 10:47
business event Stablecoin regulation Circle reserves Circle prefers reserves and payment rails with the Fed, says exec
Circle has been subject to discussion in the crypto industry since the depegging of its stablecoin (USDC) due to the collapse of Silicon Valley Bank (SVB) on March 10. Now that the company cleared its backlogs and USDC regained its 1:1 peg with the United States dollar, it is looking towards the future of both the company and the industry. 
29.03 / 10:19
BTC Adoption Binance CEO Mobile Bitcoin Parisians Can Pay Crypto to Charge Phones at Burger King – Is Crypto Adoption on the Rise?
Crypto adoption is increasing in France with Paris branches of Burger King set to install crypto-powered machines that charge the batteries of customers’ phones and mobile devices.
29.03 / 08:57
Citi Provident Digital Huobi How will OKB react as OKX expands to Asian markets? Analyzing…
OKX [OKB], one of the largest crypto exchanges by trading volume, announced the formation of its Hong Kong affiliate to launch its digital assets trading services, as more participants get drawn towards the region’s pro-crypto policies.
28.03 / 15:23
Blockchain security EOS USDC Fidelity Testnet network EVM Today in Crypto: USDC Released on Stellar Throughout Coinme, THORChain Halts & Resumes Network, EOS EVM Testnet Goes Live, OKX to Apply for Hong Kong License
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
28.03 / 09:31
Adoption Banks boost Crypto Firms in Hong Kong Get Boost as Regulators Host Meeting with Bankers
Hong Kong officials plan to host a meeting between crypto companies and bankers in an attempt to ease financing for the sector as the city pushes toward becoming a global crypto hub.
27.03 / 21:25
UPS BTC Digital CoinMarketCap Remark Bitcoin Bitcoin Price Prediction as Billionaire Michael Saylor Buys $150 Million Worth of Bitcoin – What’s Going On?
In recent news, billionaire Michael Saylor has made headlines by purchasing a staggering $150 million worth of Bitcoin, further solidifying his position as a prominent advocate for the world's leading cryptocurrency.
27.03 / 15:22
UPS Digital Platform Hong Kong Crypto Hong Kong crypto firms notice high interest from Chinese banks
Chinese state-owned banks have reportedly proven to surprise supporters of cryptocurrency companies by setting up shops in Hong Kong.
27.03 / 09:35
Adoption Chinese State-Owned Banks Extend Crypto-Friendly Hand to Hong Kong Firms
China’s state-owned banks are offering services to local cryptocurrency companies in Hong Kong as the city embraces a more friendly regulatory stance. 
27.03 / 06:35
business regulation exchanges Bitcoin Hong Kong Crypto Hong Kong crypto firms seeing interest from Chinese banks: Report
Crypto firms setting up in Hong Kong ahead of a new licensing regime for crypto exchanges in June have reportedly found some unexpected allies in the region — Chinese state-owned banks.
25.03 / 00:57
business Web3 Funding Metaverse GameFi Blockchain Game Animoca Brands cuts metaverse fund target to $800M: Report
Hong Kong-based Animoca Brands, a developer of blockchain gaming technology, has reportedly cut its target for its metaverse fund by a further 20% to $800 million, Reuters reported citing sources familiar with the matter.
24.03 / 15:03
UPS Citi Digital Platform Cross-border Digital Yuan Adoption Drives Now Focusing on Cross-border Pay – Are CBDCs Set to Take Over?
A growing number of Chinese government city authorities, banks, and firms are looking to adopt the digital yuan as a payment tool – as the central bank digital currency (CBDC) rollout continues to intensify.
23.03 / 15:49
Citi Provident Digital XRP CEO Platform Bitcoin expansion regulatory Aussie Crypto Exchange Eyes Hong Kong Expansion Amid Favorable Regulatory Landscape
As the United States grapples with the challenges posed by an evolving cryptocurrency landscape, Asia emerges as a beacon of innovation and opportunity for digital asset businesses. 
23.03 / 09:49
business Blockchain Adoption regulation Aussie crypto exchange hints interest in Hong Kong base, but it’ll depend
Australia-based crypto exchange Independent Reserve is looking at opportunities to set up shop in Hong Kong, as the city continues efforts to become a cryptocurrency hub. 
23.03 / 08:09
Facebook Target Platform Strategy Tesla Tencent Time ad Tencent's online ad revenue grows for the first time in more than a year
BEIJING — Chinese tech giant Tencent reported better-than-expected quarterly revenue on Wednesday, helped by growth in ads within its growing «video accounts» business.
20.03 / 16:07
Blockchain UPS Provident Platform Strategy RPG MixMarvel Is to Co-Host a Web3 Reception in Hong Kong
Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.
20.03 / 16:05
Blockchain UPS Provident VISA Enterprise Financial Over 80 crypto firms willing to enter Hong Kong, says Financial Secretary
Hong Kong has received interest from more than 80 mainland and foreign crypto companies to set up shop in the country as it works to establish itself as a premier Web3 hub.
20.03 / 13:41
Adoption More Than 80 Firms Express Interest in Establishing Presence in Hong Kong – Next Crypto Hub?
Hong Kong has seen massive interest from virtual asset-related firms as the city pushes toward reclaiming its position as a global crypto hub with a more friendly regulatory stance. 
20.03 / 09:41
Adoption regulation Investments security Innovators Financial Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary
More than 80 virtual asset-related firms across Mainland China and foreign nations have expressed interest in establishing a presence in Hong Kong, amid efforts from the city to become a leading hub for Web3. 

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