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Austin-Based Episode Six Targets Hong Kong for Virtual Payment Expansion
Episode Six (E6), a global provider of payment processing and digital ledger infrastructure, has announced plans to expand its operations in Hong Kong. The decision comes in response to the region’s growing demand for virtual payment solutions. “We’re seeing increasing
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Hong Kong Stock Exchange Introduces Bitcoin and Ether Spot ETFs
The Hong Kong Stock Exchange now lists the Bosera HashKey Bitcoin ETF and Bosera HashKey Ether ETF. This move introduces some of the first Bitcoin and Ether spot ETFs in a major Asian financial center. These ETFs are managed by
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German Startup tozero Wins Top Prize at HKSTP EPiC 2024
Hong Kong Science and Technology Parks Corporation (HKSTP) has announced the conclusion of its flagship Elevator Pitch Competition (EPiC) 2024. The competition, which aims to solidify Hong Kong’s status as a leading global innovation hub, saw tozero, a German startup focused
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Ping An OneConnect Bank Records HK$2.1 Billion Loan Assets Growth in FY2023
Ping An OneConnect Bank (Hong Kong) Limited, a virtual bank focused on small and medium enterprises (SMEs) in Hong Kong, has published its financial outcomes for the fiscal year ending 31 December 2023. The bank noted an increase in loan
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Alipay+ Integrates 14 Global E-Wallets for Seamless Payments in Hong Kong
Alipay+, operated by Ant International, has announced a significant expansion in Hong Kong, enabling users from 14 popular e-wallets across nine countries and regions to make payments using their home apps. This development integrates approximately 1.2 billion users into Hong Kong’s
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OSL and Solomon Set to Facilitate In-Kind Crypto Transactions for ETFs
OSL Digital Securities, a Hong Kong-licensed and regulated digital assets exchange, is set to enhance its current brokerage model to include comprehensive advisory and operational support in partnership with Solomon JFZ (Asia) Holdings Limited. This development is key to introducing
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Hong Kong Launches FiNETech to Foster Next-Level Fintech Collaboration
The Hong Kong Monetary Authority (HKMA) has launched the inaugural FiNETech series, an initiative designed to enhance collaboration across the fintech landscape. It involves around 100 entities from the banking, securities, insurance, and technology sectors. This new platform focuses on
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HashKey Exchange Initiates First Physical Subscriptions for Bitcoin and Ethereum ETFs
HashKey Exchange, Hong Kong’s licensed virtual asset exchange, has announced the successful facilitation of the first physical subscriptions for the Bosera HashKey Bitcoin Spot ETF and the Bosera HashKey Ethereum Spot ETF. This development introduces new investment opportunities in Hong
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SFC Warns Against ‘CBEX Group’ and ‘Bitget Pro’ for Crypto Fraud
The Securities and Futures Commission (SFC) has issued a public alert concerning fraudulent activities by two virtual asset service providers, “CBEX Group” and “Bitget Pro”. The SFC’s warning follows reports from investors about difficulties in withdrawing assets and unauthorised withdrawals,
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MaiCapital Partners with Malaysia’s MyEG for New SFC-Approved Virtual Asset ETF
Malaysian e-government services provider MyEG Services Bhd has partnered with MaiCapital, a virtual asset manager licensed in Hong Kong, to develop an exchange-traded fund (ETF) approved by the Securities and Futures Commission of Hong Kong (SFC). The ETF will feature various
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