Blog
Hong Kong Set to Launch Asia’s First Spot Bitcoin Exchange-Traded Funds
The Securities and Futures Commission (SFC) of Hong Kong is anticipated to announce the approval of the city’s first spot bitcoin exchange-traded funds (ETFs) next week, according to individuals familiar with the proceedings. This development positions Hong Kong as the
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Hong Kong Unveils Enhanced Anti-Scam Charter 2.0 to Combat Digital Fraud
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have launched the Anti-Scam Consumer Protection Charter 2.0, a comprehensive initiative that significantly enhances measures to protect the public from credit card scams and digital fraud.
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In Asia, E-Wallets Are Fast Becoming The Preferred Payment Method for The People
E-wallets remained popular among consumers in Asia-Pacific (APAC), maintaining their position as the preferred payment method for online shopping and becoming more prevalent for in-store purchases, new data released by payment processing firm Worldpay show. The growth of e-wallets in
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HashKey Group Sets Sights on Surpassing Coinbase with Launch of HashKey Global
HashKey Group, an operator in Hong Kong’s licensed cryptocurrency exchange market, has expanded its offerings with the initiation of HashKey Global. This move introduces a global trading platform under a Bermuda-issued Digital Asset Business license. However, the service faces regulatory
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Ant Group Rolls Out International Zones with Global E-Wallets and Card Partners
Ant Group, in collaboration with 11 overseas payment partners of Alipay+ and major international card organisations, launched a programme in Beijing to establish International Consumer Friendly Zones across significant tourist and commercial cities in China. This initiative, supported by relevant
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Citibank Appoints Janus Wu as Head of International Personal Bank in Hong Kong
Citibank announced that Janus Wu has been immediately appointed as the Head of International Personal Bank (IPB) for Hong Kong. Janus Wu will lead the international personal banking division in his new role as the Head of International Personal Bank
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ZA Bank Launches Banking Services for Stablecoin Issuers
ZA Bank has announced the launch of its dedicated banking services for stablecoin issuers, a significant advancement in its commitment to the Web3 financial sector. This service is designed to provide secure banking solutions for stablecoin issuers’ fiat reserves, further
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What Does the Future Hold for SME Lending in Hong Kong?
The vibrant economy of Hong Kong is significantly bolstered by small and medium-sized enterprises (SMEs), which constitute nearly 99 percent of its business landscape and are central to the SME lending sector. With over 362,000 SMEs as of the end
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Singapore’s DigiFT Expands Operations to Hong Kong, With Kevin Loo as CEO
DigiFT, an exchange for on-chain real-world assets (RWA) licensed by the Monetary Authority of Singapore (MAS), is extending its operations to Hong Kong. This extension is marked by DigiFT’s inclusion in the Cyberport Incubation Programme, a hub in Hong Kong
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OneDegree Launches Cyber Insurance for Industries Beyond Web3
OneDegree has expanded its digital asset insurance portfolio by unveiling OneInfinity Cyber Insurance, aimed at a broad spectrum of industries beyond Web3 companies. This development comes when the digital landscape is increasingly besieged by cyber threats, amplified by the advent
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