Hong Kong sees first regulated asset managers from Diginex
Diginex now has the license to provide a new product for Hong Kong investors, and expect to grow exponentially.
Diginex now has the license to provide a new product for Hong Kong investors, and expect to grow exponentially.
The increase in interest from Hong Kong investors was driven by recent volatility in the underlying cryptocurrency markets, according to experts.
Hong Kong stakeholders disclosed that they view the recent interest of Chinese banks with enthusiasm, but the hopes of China reversing its digital currency ban remain slim.
South Korea is doubling down on its blockchain investment, with the latest being a $14.5 million investment to explore CBDC and digital vouchers, with the Bank of Korea leading the studies.
Ethiopian Investment Holdings has signed the deal with Hong Kong’s West Data Group for data mining and AI, but an insider revealed that it involved BTC mining.
Hong Kong’s data protection watchdog expressed concern over how Worldcoin is collecting and storing the biometric data, as well as how it is utilizing it.
Hong Kong lost $217 million to BTC scams in 2022 and it’s now exploring creative solutions, including a metaverse platform that will educate the public about Web3.
Hong Kong’s Financial Secretary Paul Chan says the FTX crash only shows that the digital asset industry needs more transparency and regulations.
The founder of CEO Global digital currency exchange has reportedly been missing for 15 days, leading to a suspension of withdrawals.
Hong Kong-listed energy firm Global Energy Resources has announced a rebrand as part of plans to focus on cryptocurrency, despite reporting huge trading losses from their involvement in digital assets to date.
With its Securities and Futures Commission license, SEBA Hong Kong can now fully conduct digital assets-related products in the country. This positions the company as a trusted and regulated partner in APAC market.
Angelina Kwan, CEO of Stratford Finance and former Hong Kong SFC regulator, hinted that the new rules for digital exchanges might see China reverse its blanket ban on digital currencies.