Cryptocurrency Analysis and News Portal
Industry experts believe Hong Kong’s shifting attitude towards blockchain technology, cryptocurrencies and Web3 could entice businesses away from the United States.The city has made a series of moves over the past year to foster the development of the Web3 space and enable retail investment into cryptocurrencies. The latest example of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Hong Kong-based crypto exchange LBank is preparing to introduce what it claims to be the world’s first unlimited cryptocurrency credit card. The upcoming card, available in virtual and physical forms, will allow users to make direct cryptocurrency
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Hong Kong government has created a web3 task force, composed of various market sector representatives and government officials, to draft guidelines for the ethical and sustainable growth of cryptocurrency within the region. The Hong Kong administration
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Hong Kong wants to be a Web3 hub, Financial Secretary Paul Chan said. Source
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Hong Kong’s local government on Friday announced the formation of the Task Force on Promoting Web3 Development, citing the potential benefits to many industries of the low cost and transparency in blockchain technology that underpins the idea of a decentralized Internet. The group will be chaired by the city’s Financial
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As part of Hong Kong's ongoing commitment to embrace the "megatrend" of Web3 development, it has established a diverse group of industry and government officials to supervise the progress of Web3 in the region.According to a June 30 statement, the government of Hong Kong has formed a task force comprising
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Beijing’s restrictive policy, and the Hong Kong securities regulator’s lack of clarity, resulted in the loss of many entrepreneurs, high-skilled jobs, investors (with their billions of dollars of capital), exchanges and countless other active participants of the industry. From China, these people moved to Hong Kong, Singapore, Dubai, Silicon Valley
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied One of the largest asset management companies in Hong Kong, Hang Seng Investment Management Co., is reviewing the possibility of tapping into the decentralized ecosystem. On June 26, one of the largest banks in Hong Kong, HSBC,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The HKVAC index, unveiled by the Hong Kong Virtual Assets Consortium (HKVAC), adds XRP, SHIB and ADA to its list of recognized cryptocurrencies. This newly introduced index, which assesses 30 prominent digital assets, places significant emphasis on
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Let’s start with Japan, which is actively trying to position itself as a Web3 powerhouse. To be clear, Japan is hardly a newcomer. But after the cryptocurrency exchange Coincheck was hacked in early 2018, the country went into something like hibernation. Regulators tightened the reins, and the mood in the
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