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Hong Kong

Hong Kong commits $383 million to Cyberbort AI subsidy scheme
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5 March, 2024

Hong Kong commits $383 million to Cyberbort AI subsidy scheme

The funds will be used to support early-stage startups and local universities exploring novel artificial intelligence applications, providing computational support...
HSBC, Bank of East Asia repurchase transaction uses Hong Kong’s digital green bond
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1 March, 2024

HSBC, Bank of East Asia repurchase transaction uses Hong Kong’s digital green bond

Although instances of using digital bonds as collateral are sparse, HSBC and the Bank of East Asia found relative success...
Hong Kong reiterates ‘crypto’ and stablecoin regulation pledge as crime skyrockets
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25 February, 2024

Hong Kong reiterates ‘crypto’ and stablecoin regulation pledge as crime skyrockets

Treasury Minister says Hong Kong is to introduce licensing regimes for VASPs, OTCs, and stablecoins to curb crime, which shot...
Ethiopia inks $250M deal with Hong Kong firm for BTC mining: report
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21 February, 2024

Ethiopia inks $250M deal with Hong Kong firm for BTC mining: report

Ethiopian Investment Holdings has signed the deal with Hong Kong’s West Data Group for data mining and AI, but an...
Hong Kong boosts digital asset hub bid with $750M digital green bonds sale
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11 February, 2024

Hong Kong boosts digital asset hub bid with $750M digital green bonds sale

Hong Kong has showcased the potential of blockchain in powering up the financial sector with the sale of $750 million...
Hong Kong Chamber of Commerce calls for stablecoin issuance
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10 February, 2024

Hong Kong Chamber of Commerce calls for stablecoin issuance

The HKGCC made the suggestions in a Budget Submission to the Office of the Financial Secretary, calling for the rollout...
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