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Hong Kong

Hong Kong, Saudi Arabia team up for tokenization and payments research
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6 August, 2023

Hong Kong, Saudi Arabia team up for tokenization and payments research

The Hong Kong and Saudi Arabia central banks signed an MoU to study financial innovation to benefit their local economies,...
Chinese tourists visiting Hong Kong can now use digital yuan to pay in select stores
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28 July, 2023

Chinese tourists visiting Hong Kong can now use digital yuan to pay in select stores

The move, which began on July 18, follows the launch of a digital yuan shopping festival organized by the Bank...
Hong Kong speeds up blockchain adoption under new Web3 task force
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7 July, 2023

Hong Kong speeds up blockchain adoption under new Web3 task force

The newly minted task force involves key players from the government, private sector, and professionals from academia as they collaborate...
Hong Kong Web3 firms splurge millions to snag up operational licenses: report
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3 July, 2023

Hong Kong Web3 firms splurge millions to snag up operational licenses: report

Data shows between $2.55 million and $25.5 million are being shelled out by Web3 firms looking to get a license...
We’re not building a crypto hub in Hong Kong, regulator says
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29 June, 2023

We’re not building a crypto hub in Hong Kong, regulator says

The securities chief says the collapse of FTX entrenched the agency’s belief that ‘crypto’ trading must be regulated stringently as...
Second iteration of cross-border CBDC pilot between China, Hong Kong falters
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24 June, 2023

Second iteration of cross-border CBDC pilot between China, Hong Kong falters

The CBDC pilot initiative hit a road bump following several user complaints, including the limited number of merchants accepting the...
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