JPEX scandal: Taiwan determines new suspects in alleged fraud — Report
Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud. Go to Source
Hong Kong
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Yuga Labs confirms UV lights likely cause of eye issues at ApeFest
The Bored Ape Yacht Club’s official Twitter account said an investigation confirmed suspicions that UV lights were the likely cause of the reported eye and skin issues suffered by some attendees. Go to Source
Swiss crypto bank SEBA gets Hong Kong SFC license
SEBA began its quest for Hong Kong expansion late last year, setting up an office in November 2022 and by August 2023, the firm obtained an in-principle approval to offer virtual asset trading services. Go to Source
China ‘does not want to miss out’: Community reacts to HK spot Bitcoin ETF news
Despite regulatory clarity, Hong Kong has failed to pick up the pace regarding futures-based cryptocurrency ETFs so far. Go to Source
Hong Kong regulator issues tokenized investments requirements amid demand
The intent behind the tokenization of SFC-authorized investment products is tied to the rising market demand and the government’s willingness to facilitate market development. Go to Source
Hong Kong issues rules for asset tokenization as interest mounts
Hong Kong’s securities regulator, the SFC, treats tokenized securities like traditional securities, subject to the same legal and regulatory norms. Go to Source
JPEX scandal won’t hurt Hong Kong crypto vision: Financial Secretary
Christopher Hui took the stage at Fintech Week and outlined a list of regulatory moves Hong Kong authorities are looking to implement following the JPEX scandal. Go to Source
Visa completes digital Hong Kong dollar pilot test with local banks
The e-HKD CBDC Pilot Programme will enter phase 2 following praise from the city’s monetary authority. Go to Source
HSBC and Ant Group test tokenized deposits under HKMA sandbox
During the test, HSBC was connected to the blockchain platform developed by Ant Group and supported by Ant Group’s banking partners. Go to Source
Project mBridge reveals details of its workings ahead of MVP, commercial debut
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is. Go to Source