Blockchain/Bitcoin
StanChart-Backed Zodia Custody Expands to Hong Kong
Zodia Custody, a digital asset custodian backed by Standard Chartered, SBI Holdings, and Northern Trust, will expand its footprint to Hong Kong. This is the company’s fourth major expansion in the Asia Pacific region this year, following launches in Japan,
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HashKey Exchange and Purise Team Up to Offer Compliant Crypto Services
HashKey Exchange, one of the licensed crypto exchanges in Hong Kong, has partnered with Web3.0 data services provider Purise to offer compliant digital asset trading and data analytic services. Under the partnership, HashKey Exchange and Purise will work together on
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SFC and HKMA Update Virtual Asset Policy to Protect Investors
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have updated their policy on virtual asset-related products (VA-related products) for intermediaries. These measures encompass selling restrictions where complex VA-related products will be restricted to professional investors,
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HKMA Establishes CBDC Expert Group with 5 Local Universities
The Hong Kong Monetary Authority (HKMA) has set up the Central Bank Digital Currency (CBDC) Expert Group to foster collaboration on CBDC research. They also partnered with five major universities in Hong Kong to be a part of the group.
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Here’s a Peek Into Cyberport’s Month-Long Web 3.0 Event Series
Cyberport, Hong Kong’s Web3.0 hub, is launching a series of Web 3.0 events called “Web3 Innovators Season” from October to November to deepen public awareness of the industry, foster exchange in the industry, and accelerate the development of the local
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JPEX Scandal Shook Hong Kong Public’s Trust in Crypto, HKUST Survey Finds
A survey by the Hong Kong University of Science and Technology (HKUST) Business School found that more Hong Kong people prefer not to hold virtual assets, after the recent JPEX fiasco. The survey found that 41% of respondents prefer not
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BC Technology Refutes ‘Factually Inaccurate and Highly Misleading’ OSL Sale Reports
Hong Kong’s BC Technology Group, the parent company of crypto trading platform OSL, has denied reports that it is considering selling the crypto platform for HK$1 billion (US$ 128 million). According to the Bloomberg report, OSL “may decide to sell
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OSL’s Trading Volume Halves, Parent Company Eyes HK$1 Billion Sale
Hong Kong’s BC Technology Group is reportedly considering selling its crypto platform OSL in a deal worth HK$1 billion (US$128 million), according to Bloomberg. According to the report, OSL’s parent company is considering selling parts of its crypto trading platform.
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BIS, Hong Kong and Israel Collaborate on Project Sela for Secure Retail CBDCs
Central bank money has always been the bedrock of global monetary systems, providing a rock-solid foundation of security, impartiality, accessibility, and integrity. Traditionally, this has manifested in physical cash, tangible notes and coins. Yet, in an era of accelerating digitalisation,
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Leading Chinese Social Media Platform Removes Accounts of 80 High-Profile Crypto Influencers
Weibo, one of the China’s biggest social media platforms, has removed the accounts of 80 popular influencers promoting cryptocurrencies, citing breach of local laws put in place to curb speculative trading and the promotion of cryptocurrencies, the South China Morning
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