News about HONG KONG

News about Hong Kong

Binance restricting of derivatives products offerings in Hong Kong

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Crypto Crime Falls in China, Surges in Hong Kong, Reports Reveal

China’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests. At the same time, its special administrative region of Hong Kong is seeing a spike in crypto-r...

Hong Kong Regulator Warns About Unregulated Cryptocurrency Trading Platforms and Binance

Hong Kong’s Securities and Futures Commission (SFC) has issued a warning about unregulated cryptocurrency trading platforms, particularly Binance. The regulator said that the crypto exchange is offering the trading of “stock tokens.&rdquo...

Binance Quits Stock Token Trading as Hong Kong Adds to Mounting Regulatory Pressure

Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not li...

Hong Kong Busts Money Laundering Ring Using Tether to Wash Millions

Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been us...

Bithumb executives sued in Hong Kong over fraud allegations

The lawsuit is a result of a failed attempt to launch a Bithumb exchange in Thailand. A 3S rendering of bitcoin seen in this illustration that also shows Bithumb’s logo Top-level executives of the Bithumb exchange are facing a criminal lawsuit...

Censorship resistance: Hong Kong's Apple Daily archives preserved by artist Kevin Abosch

When 20 years of pro-democracy journalism is under threat, blockchain's potential for censorship-resistance is brought into focus. From June 20 1995 until June 23 2021...

Bithumb Hong Kong subsidiaries reportedly face civil suit from Thai partner

A Thai firm claims that Bithumb’s Hong Kong subsidiaries caused it serious damage by unilaterally halting its business in Thailand. Bithumb’s Hong Kong affiliates are...

Hong Kong digital vaccine passport initiative built with Ethereum-based Consensys Quorum

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Activists archive Hong Kong pro-democracy newspaper on blockchain

Following a national security probe, pro-democracy Hong Kong newspaper Apple Daily printed its final edition and shut down its website. Hong Kong cyber-activists are n...

Activists archive Hong Kong pro-democracy newspaper on blockchain. This is awesome.

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Hong Kong brokerage Futu halts crypto futures over regulatory issues

Non-futures crypto products like Grayscale Bitcoin Trust are reportedly still available on Futu Securities. A major Hong Kong-based online brokerage firm has reported...

The Chinese University of Hong Kong and ConsenSys create COVID-19 digital passport

Healthcare professionals in Hong Kong will trial the COVID-19 Digital Health Passport. Later on, patients will be able to access the passport through a mobile app....

ConsenSys, Hong Kong university launch Ethereum-powered Covid passport

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‘All Banks Go Fintech’: Hong Kong Unveils ‘Fintech 2025’ Strategy

The Hong Kong Monetary Authority (HKMA) plans to guide local banks towards full adoption of fintech technologies, a new strategy reveals. The region’s central banking institution also stressed that it’s going to “walk the talk&rdquo...

Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials

Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC&rs...

Hong Kong includes central bank digital currency in fintech strategy

Research into central bank digital currencies will play a significant role in Hong Kong’s fintech development efforts. The Hong Kong Monetary Authority (HKMA) has publ...

Hong Kongers use blockchain to save evidence of anti-authoritarian struggles

Hong Kong citizens are using a blockchain system to fight back against the government’s attempts to erase and overwrite the history of recent years’ anti-authoritarian struggles....

Restricting crypto trading to millionaires good for Hong Kong, says official

Hong Kong’s Treasury Secretary says the government is right to pursue restrictive crypto regulations in the city. Christopher Hui, Hong Kong’s Secretary for Financial...

People in Hong Kong Use The Crypto and Blockchain To Fight Against Media Censorship

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Hong Kong to expand pilots for cross-border use of digital yuan

The first phase of tests for use of the digital yuan across borders has been successful, the Hong Kong Monetary Authority has said. The Digital Currency Institute of t...

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