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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Saudi Arabia’s Central Bank (SAMA) and the Hong Kong Monetary Authority (HKMA) recently held a meeting to discuss ways of boosting financial services integration and cooperation. The July 27 meeting aimed to strengthen the partnership between Saudi
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Legislative Council member Johnny Ng is courting crypto exchanges to get licensed in the city as the U.S. drives digital asset firms offshore. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied McDonald’s Hong Kong leaps into the digital realm, joining brands like Adidas, Coca-Cola, and Gucci in its metaverse launch. The McNuggets Land metaverse, developed on the online gaming platform The Sandbox, commemorates the 40th anniversary of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied China’s Shanghai has released guidelines for integrating and promoting innovative technologies like blockchain, the metaverse, and digital yuan. The Chinese government has outlawed bitcoin (BTC) and other digital assets. Still, it recognizes the potential of blockchain technology.
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Hong Kong’s rapid adoption of cryptocurrencies and Web3 is a sign of some “big moves” happening in mainland China, a co-founder of the local game software firm Animoca believes. The current crypto trend in Hong Kong is “not really just about” the city-state, but about wider China, despite mainland China banning
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied HashKey Pro, a cryptocurrency exchange based in Asia, has applied for a license update from Hong Kong’s Securities and Futures Commission (SFC) per the city-state’s new virtual asset trading licensing system. According to regional news outlets, HashKey Pro,
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According to a July 4 announcement, BitgetX, the Hong Kong subsidiary of cryptocurrency exchange Bitget, has joined the Hong Kong Virtual Asset Consortium (HKVAC), which provides ratings services and indices to cryptocurrencies. Launched on May 31 with Huobi as its inaugural member, the HKVAC will produce two indices. The Cryptocurrency Large
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Crypto and blockchain advocates have authored a report calling for the Hong Kong government to issue a stablecoin pegged to the country’s dollar which could challenge the dominance of Tether (USDT) and USD Coin (USDC).According to an English translation of a July 3 report provided by Chinese crypto reporter Colin
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A policy paper has recently proposed the creation of a government-backed stablecoin, the HKDG, in Hong Kong to potentially compete with well-established digital counterparts, such as USDT and USDC. A policy paper suggesting the Hong Kong government
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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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