China joins Hong Kong and Thailand in CBDC research project
China and the United Arab Emirates have joined a research initiative that studies the feasibility of a central bank digital currency.
Latest Hong Kong News
BC Technology Group raises $90 million in fresh stock offer
The Hong Kong based group, which runs cryptocurrency exchange OSL, issued 45 million shares at HK$15.50, raising a total of HK$697 million—roughly equivalent to $90 million.
BC Technology Group confirms $90 million funding for digital asset expansion
BC Technology Group, which owns and operates OSL, is hoping to raise the funding at a time of significant growth in demand for digital assets in local and regional markets.
Institutional investment broker OSL receives digital asset trading license from HK regulator
OSL does not provide services to retail investors, with its clientele restricted to institutions, high net worth individuals (over US$1 million and above) and family offices.
China and Hong Kong working on digital yuan cross-border payments
Hong Kong’s central bank has been working with China’s digital currency institute to trial the use of the digital yuan on cross-border payments.
Hong Kong exchange founder in police custody over alleged bank fraud
The founder of CEO Global digital currency exchange has reportedly been missing for 15 days, leading to a suspension of withdrawals.
Hong Kong regulator wants all digital currency exchanges regulated
The Securities and Futures Commission expects the shift in regulations to fix a loophole that its previous regulatory structure had presented.
Hong Kong finance chief open to collaboration on digital yuan
The Hong Kong government is reportedly exploring working with Chinese authorities to incorporate the digital yuan in wholesale and cross-border settlement.
Diginex is going public on Nasdaq
Diginex's acquisition of 8i Enterprise Acquisition Group has been approved by shareholders and Diginex will go public on Nasdaq later this month.
3 arrested in Hong Kong over alleged BTC ATM scam
Police in Hong Kong have arrested three people who they claim stole close to $30,000 from BTC ATMs in the city.
Hong Kong’s Diginex eyes Nasdaq listing via reverse merger
The Hong Kong-based firm is merging with 8i Enterprises Acquisition Group as part of its plans to go public in September.
Blockchain ranked Hong Kong’s largest fintech sector in 2019
Blockchain startups accounted for the largest share of fintech startups that opened shop in Hong Kong, accounting for 40% of all startups in 2019.
