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Hong Kong

10 March, 2024

HSBC HK targets tokenization offerings in new diversification drive

As it moves to fully embrace emerging technologies, HSBC Hong Kong plans to offer tokenized assets to its wealth management...

Hong Kong to launch stablecoin sandbox in Web3 push

Business

Steve Kaaru

7 March, 2024

Hong Kong to launch stablecoin sandbox in Web3 push

Hong Kong’s budget revealed the city is expanding its digital yuan pilot testing to allow residents to top up e-CNY...

Hong Kong commits $383 million to Cyberbort AI subsidy scheme

Business

Wahid Pessarlay

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

Business

Wahid Pessarlay

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

Business

Steve Kaaru

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

Tech

Steve Kaaru

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...

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Pradipta Mukherjee

27 Dec 2024

Hong Kong

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