Hong Kong
Hong Kong is a significant hub in the global cryptocurrency landscape, home to numerous blockchain companies, crypto exchanges, and enthusiasts. The region boasts a robust regulatory framework, fostering a conducive environment for crypto-related activities. Renowned crypto exchanges like Bitfinex and OKEx are headquartered here, facilitating vast daily trading volumes. Hong Kong's blockchain networks are advanced, supporting various protocols and fostering innovation in the crypto space. The region's crypto community is diverse, involving investors, traders, developers, and blockchain startups. Despite its traditional finance background, Hong Kong has embraced the digital asset revolution, positioning itself as a leading player in the crypto world.
Beijing Doubling Down on Crypto Bans, Ending Free Press in Hong Kong; What It Means for Asia’s Crypto Hub
Hong Kong’s pro-democracy newspaper Apple Daily will shut down all operations and print its last edition Thursday as authorities froze funds and arrested their journalists. “The Hash” panel reacts to the news in the ongoing conversation about China’s crackdowns on civil liberties and what it means for crypto in China.
Cash for CBDCs at Beijing ATMs; Asia Sees New Unicorn in Amber Group
More than 3000 ATMs from ICBC, AgBank in China to offer CBDC-to-cash swap. ‘Crypto king’ nabbed in India as government re-evaluates regulatory bill. HK-based Amber Group becomes Asia’s latest unicorn after raising funds. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Regulated HK Crypto Exchange OSL Hires 6 Senior Staff
Two of the hires, Joe Zhou and Arion Ho, join OSL from the Hong Kong Stock Exchange.
Survival Race of South Korean Exchanges; Ethereum Powers Digital Passports in HK
50 of 60 crypto exchanges in South Korea race to apply for Information Security Management System (ISMS), the first step to an official VASP license. ASEAN Financial Innovation Network (AFIN) and R3 to launch CBDC sandbox. Hong Kong meets Ethereum-powered COVID-19 digital passports. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Hong Kong-Listed BC Group Receives $70M in New Funding
Funding will go towards IT and non IT-related expenses, including staff costs, marketing expenses and expansion into other markets.
Hong Kong Eyes CBDC; Aussie Millennials Favor Crypto vs. Real Estate
The Hong Kong Monetary Authority to launch a study into digital currency feasibility. Survey finds Australian millennials favor investing in crypto over real estate and holding bank accounts. UNICEF Innovation Fund picks seven blockchain startups for funding.
Hong Kong Monetary Authority to Study a Retail CBDC
Hong Kong's central bank is aiming to "future-proof" the financial center for the growth of CBDCs as part of its "Fintech 2025" strategy.
Hong Kong’s Bitcoin Meetup Ahead of Bitcoin 2021; Banksy Work Offered for Crypto
Hong Kong holds a Bitcoin gathering ahead of Bitcoin Conference 2021 in Miami. State-backed Copyright Society of China launches new blockchain service. Auction house accepts ETH and BTC for physical Banksy art piece. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of The Daily Forkast, June 4.
Crypto Market Rebound; Sotheby’s Next NFT Auction Targets Millennial Spenders
The total global cryptocurrency market cap bounces back and is flirting around $1.8 trillion. Experts tell Forkast.News that bitcoin is acting as a “safe haven” for the market, and ether’s long-term potential may be more attractive for some.
Hong Kong Government Proposal on Licensing Crypto Firms Ends Consultation Period
The government plans to introduce licensing for virtual asset service providers.
