HONGKONG

Central Bank Executive Says Hong Kong Working On Investor Protection Measures
Hongkong

Central Bank Executive Says Hong Kong Working On Investor Protection Measures

Central bank governors from around the world are currently in Thailand to discuss the role of central banks amid evolving financial technology. Eddie Yue, chief executive of the Hong Kong Monetary Authority discussed the rise of digital assets and central bank digital currencies (CBDC) and the risks associated with the new technology. Changyong Rhee, governor of the Bank of Korea was not so optimistic about the future of blockchain technology, especially in the monetary sector.

Hong Kong Outlines New Rules For Crypto Futures ETF Issuers
Hongkong

Hong Kong Outlines New Rules For Crypto Futures ETF Issuers

The Securities and Futures Commission (SFC) of Hong Kong, on Monday, published a detailed circular of the requirements exchange-traded fund managers need to meet to list their crypto products in the city.

FTX Founder says Hong Kong Could be Top Blockchain Hub in Asia
Hongkong

FTX Founder says Hong Kong Could be Top Blockchain Hub in Asia

HKFTW2022: Crypto exchange FTX founder Sam Bankman-Fried said that, unlike the West, although Asia does not have a key web3, blockchain and cryptocurrency hotspot, Hong Kong could emerge as a leader in that sector.

Hong Kong, Singapore Sees Diverging Approaches to Retail Crypto Trading
Hongkong

Hong Kong, Singapore Sees Diverging Approaches to Retail Crypto Trading

Hong Kong is planning to shift to a friendlier approach towards cryptocurrencies starting next year, according to a Bloomberg report, while neighbouring Singapore is planning to impose fresh restrictions on consumers.

Hong Kong to Propose Statutory Licensing Regime for VASPs: CE John Lee
Hongkong

Hong Kong to Propose Statutory Licensing Regime for VASPs: CE John Lee

Hong Kong leader John Lee delivered his first policy address Wednesday, indicating that the administration has introduced a bill to propose establishing a statutory licensing regime for virtual asset service providers.

Germany Overtakes US to Become Rank 1 Crypto Economy, HK at 8
Hongkong

Germany Overtakes US to Become Rank 1 Crypto Economy, HK at 8

Germany has overtaken the US to become the world's top-ranked crypto economy in the third quarter of 2022. The US, which led the rankings alongside Germany last year, was pushed to seventh.

Hong Kong to Unveil Virtual Assets-Related Policy Statement on Upcoming Fintech Week
Hongkong

Hong Kong to Unveil Virtual Assets-Related Policy Statement on Upcoming Fintech Week

The Hong Kong Special Administrative Region's government will release the plans for the development of virtual assets in the city during FinTech Week by the end of this month.

PolyU 1st in Hong Kong to Offer Metaverse & Blockchain Post-grad Programmes
Hongkong

PolyU 1st in Hong Kong to Offer Metaverse & Blockchain Post-grad Programmes

Hong Kong's Polytechnic University is offering a postgraduate course in the metaverse and blockchain-related technology from September 2023, costing around $40,000 for tuition fees.

Move-to-earn App STEPN to Land in Hong Kong's Cyberport
Hongkong

Move-to-earn App STEPN to Land in Hong Kong's Cyberport

Move-to-earn app STEPN announced that it is opening an office in Hong Kong despite COVID-19 restrictions and a tough regulatory environment.

Appetite for Crypto Amongst Institutional Buyers in Hong Kong is Low: New Report
Hongkong

Appetite for Crypto Amongst Institutional Buyers in Hong Kong is Low: New Report

According to a report from the South China Morning Post (SCMP), riding on an earlier report from Bitstamp, which surveyed 253 Hong Kong institutional investors, as many as 9% said they will reduce their exposure to the nascent asset class or stop investing in it altogether.

The Sandbox Expands Footprints in Hong Kong for Alpha Season 3
Hongkong

The Sandbox Expands Footprints in Hong Kong for Alpha Season 3

Decentralized virtual gaming developer The Sandbox, a subsidiary of Animoca Brands, announced Thursday to roll out the first pop-up atelier in Hong Kong for the upcoming seasonal events.

Hong Kong's Market Regulator Elected as new FCA Chair
Hongkong

Hong Kong's Market Regulator Elected as new FCA Chair

With PM Boris Johnson expected to leave after a new leader is elected, the UK’s Financial Conduct Authority (FCA) has appointed Ashley Alder as its new Chair, commencing his term in January 2023.

Samsung Asset Management to Launch 1st APAC Metaverse Theme Active ETF on HKEX
Hongkong

Samsung Asset Management to Launch 1st APAC Metaverse Theme Active ETF on HKEX

Samsung Asset Management (Hong Kong) Limited to launch the first APAC metaverse theme active ETF in Hong Kong with Samsung Asia Pacific ex NZ Metaverse Theme ETF (Stock code: 3172.HK), which is expected to list on HKEX by July 7.

HK's PANGU Constructs Virtual Space in Metaverse, Expanding P2E Model for Business Growth
Hongkong

HK's PANGU Constructs Virtual Space in Metaverse, Expanding P2E Model for Business Growth

Speaking to Blockchain.News in an exclusive interview, Hong Kong-based graphic design and production start-up PANGU, a metaverse agency appointed by the Sandbox, provides one-stop-solution services for clients to establish and develop their own virtual land in the Metaverse.

HKMA Announces Joint Research with Bank of Israel, BISIH for Retail CBDC
Hongkong

HKMA Announces Joint Research with Bank of Israel, BISIH for Retail CBDC

The Hong Kong Monetary Authority announced joint research with the Bank of Israel and the Bank for International Settlements Innovation Hub Hong Kong Centre for retail CBDC.