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. Go to Source Powered by WPeMatico
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The Chinese University of Hong Kong and ConsenSys create COVID-19 digital passport
The COVID-19 Digital Health Passport will be trialed by healthcare professionals in Hong Kong. Later on, patients will be able to access the passport through a mobile app. Go to Source Powered by WPeMatico
Shanghai Man: Bitcoin interest drops in China amid crackdown on social media and miners
Xinjiang crypto miners forced to shut down, Antpool hash rates drop by 30%, and Baidu and Weibo try to scrub crypto players from their platforms. Go to Source Powered by WPeMatico
‘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” by digitalizing its own supervision of financial institutions. Hong Kong Central Bank to Support Fintech Development Hong Kong’s monetary policy … Read more
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’s usability in cross-border scenarios. Hong Kong Residents to Load E-CNY Wallets via Mobile Phones China … Read more
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
Hong Kong regulators set to ban retail Bitcoin trading
Only millionaires will be allowed to trade Bitcoin and cryptocurrencies in Hong Kong if the FSTB proposal is passed by the city’s legislature. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
