Hong Kong

Hong Kong-based Hang Seng Bank limits digital asset companies to simple accounts: report
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10 August, 2023

Hong Kong-based Hang Seng Bank limits digital asset companies to simple accounts: report

The HSBC-owned bank told digital asset firms to use simple accounts as they are struggling to utilize banking services amidst...
Shanghai to launch blockchain hub connecting Hong Kong and Singapore by 2025
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8 August, 2023

Shanghai to launch blockchain hub connecting Hong Kong and Singapore by 2025

The government of Shanghai plans to launch a blockchain hub with Hong Kong and Singapore to improve city governance, public...
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...
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