Hong Kong legislator proposes adding Bitcoin to national reserves
A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to add Bitcoin to its national reserve for financial stability. Go to Source
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A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to add Bitcoin to its national reserve for financial stability. Go to Source
The proposed bill includes specified licensing requirements for stablecoin issuers, offering and marketing restrictions and broader consumer protection. Go to Source
A composite index by ApeX Protocol ranked the most blockchain-friendly regions based on patents, jobs, and crypto exchanges. Go to Source
The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed. Go to Source
“Hong Kong’s ‘one country, two systems’ framework lets it explore digital asset innovation more freely,” Ivan Ivanov told Cointelegraph. Go to Source
The companies indicated plans to expand their partnership to the United Kingdom and other European countries in the coming months. Go to Source
This framework will provide the legal foundation for stablecoin regulation in Hong Kong. Regulation for Stablecoins Hong Kong is taking another bold step in its aspiration to establish itself as a global hub for digital assets. The city’s financial regulators are set to submit a draft of the “Stablecoin Regulatory Framework” to the Legislative Council … Read more
Hong Kong’s move to exempt crypto gains from taxes targets hedge funds and family offices, boosting its competitiveness. Go to Source
Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report. Go to Source
ZA Bank combines traditional banking with digital assets to offer cryptocurrency services to retail users. Bitcoin Trading for Retail Customers in Asia Zhong An (ZA) Bank, a digital bank in Hong Kong, has declared that it has become the first bank in Asia to provide retail customers with bitcoin trading services. The launch of the … Read more