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DBS Bank the Latest Business to Rush to Hong Kong as the Territory Plans to Become a Crypto Hub
Businesses like Huobi and DBS bank are expanding to Hong Kong. The country adopted to a robust regulatory framework. The post DBS Bank the Latest Business to Rush to Hong Kong as the Territory Plans to Become a Crypto Hub appeared first on BeInCrypto. дальше »
2023-2-14 21:00 | |
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Why Hong Kong Is Pushing for Its Own Central Bank Digital Currency
As a global financial hub, Hong Kong has a vested interest in shaping the development of CBDCs and especially the systems in which they will transact across borders. But the U.S. should be concerned by its lack of full independence from mainland China. дальше »
2022-12-14 00:47 | |
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CBDC Cybersecurity To Be Tested By Hong Kong, Bank Of Israel And Bank For Int’l Settlements
CBDC, or central bank digital currency, will be the main focus of three major financial and lending institutions to validate the feasibility of new digital currency system, the Bank of Israel said on Friday. дальше »
2022-6-18 18:31 | |
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Bank of Israel, Hong Kong Monetary Authority to Test CBDC
The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank digital currency. The post Bank of Israel, Hong Kong Monetary Authority to Test CBDC appeared first on BeInCrypto. дальше »
2022-6-18 20:21 | |
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Israel, Hong Kong enter partnership to test new CBDC against cyber risks
The Bank of Israel has joined hands with the Hong Kong Monetary Authority to test a new central bank digital currency (CBDC), Bloomberg News reported on June 16. The post Israel, Hong Kong enter partnership to test new CBDC against cyber risks appeared first on CryptoSlate. дальше »
2022-6-17 01:40 | |
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Standard Chartered buys virtual plot in The Sandbox to begin metaverse expansion
Standard Chartered is the latest global bank to enter the burgeoning metaverse space via a partnership between its Hong Kong subsidiary and The Sandbox, according to a press statement released on April 25. дальше »
2022-4-28 00:30 | |
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Standard Chartered приобрел виртуальную землю в метавселенной The Sandbox
Гонконгское подразделение финансового гиганта Standard Chartered купило участок виртуальной земли в метавселенной The Sandbox для изучения возможностей нового пространства. Согласно заявлению, Standard Chartered Bank (Hong Kong) Limited (SCBHK) стал первым банком-землевладельцем в районе Mega City виртуального мира. дальше »
2022-4-27 10:29 | |
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First Mover Asia: DBS Bank's Ditching Retail Exchange Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Bitcoin Rises Late Sunday
Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%. дальше »
2022-4-4 02:03 | |
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First Mover Asia: China Equities Woes, Tensions With US Have Barely Touched Bitcoin; Cryptos Climb
Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but have not seemed to affect bitcoin's price much; cryptos rose slightly as investors waited for the U. дальше »
2022-3-16 01:44 | |
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Hong Kong’s Central Bank to Reveal Plans for Crypto Regulations Come July 2022
The de facto central bank of Hong Kong intends to have a new regulatory framework in place for crypto assets by July. This comes as the city races with Singapore to become a major center for the industry while also managing possible dangers. дальше »
2022-1-14 20:00 | |
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Hong Kong Monetary Authority aims to oversee stablecoin reserves
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules.
дальше »2022-1-13 16:26 | |
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Peru to partner with India, HK and Singapore central banks on a CBDC
The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore and Hong Kong to develop its own central bank digital currency. дальше »
2021-11-18 08:56 | |
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Hong Kong issues whitepaper on 'architectures and design options' for retail CBDC
Countries all over the globe are steadily reaching new milestones in development of their own Central Bank Digital Currencies (CBDCs). China was undoubtedly in the lead, with the release of its first The post Hong Kong issues whitepaper on 'architectures and design options' for retail CBDC appeared first on AMBCrypto. дальше »
2021-10-4 18:00 | |
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Fed Launching Digital Dollar Review This Week, Hong Kong’s Central Bank Publishes Technical Whitepaper on Retail CBDC
Meanwhile, Bank of Japan Governor Haruhiko Kuroda showed concerns towards stablecoins which are “closely linked to the central bank currency,” as they could have “some impact on the financial system. дальше »
2021-10-4 16:08 | |
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The Bank of International Settlements (BIS) and Hong Kong Regulator To Launch Green Bonds on the Blockchain
The Bank of International Settlements (BIS) is continuing its focus on blockchain technology. In its new initiative, the agency’s Innovation Hub has partnered with the Hong Kong Monetary Authority (HKMA) to examine the possible impacts of tokenized green bonds. дальше »
2021-8-26 22:26 | |
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Hong Kong Busts Money Laundering Ring Using Tether to Wash Millions
Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. дальше »
2021-7-16 10:30 | |
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South Korean deputy PM says continued crypto volatility is a major concern
South Korean Deputy Prime Minister, Hong Ham-ki, recently spoke about the cryptocurrency industry, with a particular focus on the CBDCs, noting that a central bank digital currency could act as a cryptocurrency if implemented. дальше »
2021-6-30 15:19 | |
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Hong Kong Includes CBDCs in 5-Point Agenda for Fintech Development
The Hong Kong Monetary Authority (HKMA) is pursuing a comprehensive fintech revamp for the city and its plans include central bank digital currencies (CBDC). However, easier access to crypto assets does not seem to be a part of the HKMA’s fintech agenda. дальше »
2021-6-9 21:00 | |
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Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs
The Hong Kong Monetary Authority (HKMA) announced it is working on developments for a central bank digital currency (CBDC) at both the wholesale and retail levels. The post Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs appeared first on BeInCrypto. дальше »
2021-6-8 16:35 | |
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HKMA Ready to Expand Cross-Border Digital Yuan Test After Successful Pilot
The Hong Kong Monetary Authority (HKMA) and the Digital Currency Institute of the People’s Bank of China (PBOC), are looking to expand the testing of China’s central bank digital currency (CBDC) for cross-border payments. дальше »
2021-5-14 00:30 | |
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China’s Central Bank Runs a Cross-Border Trial of Digital Yuan
According to the state-run Shenzhen Special Zone Daily newspaper, the People's Bank of China is now ready to run a trial of its digital yuan through cross-border payments. China’s central bank is running a one-day pilot program under which selected Hong Kong residents can use the central bank digital currency (CBDC) as a payment method […] The post China’s Central Bank Runs a Cross-Border Trial of Digital Yuan first appeared on BitcoinExchangeGuide. дальше »
2021-4-6 19:41 | |
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HKMA and BOT partner with PBoC and UAE’s Central Bank to develop an m-CBDC
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand, have joined hands with UAE’s Central Bank (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBoC) in a FinTech deal. дальше »
2021-2-25 00:03 | |
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China and UAE Central Banks Join “Multiple CBDC Bridge Study” To Enhance Cross-Border Payments
The Central Bank of the United Arab Emirates (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBC DCI) have joined Hong Kong Monetary (HKMA) in partnership with the Bank of Thailand (BOT) in the second phase of the Project Inthanon-LionRock. дальше »
2021-2-25 15:06 | |
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Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders
Chinese authorities are launching a national crackdown against fraudulent SIM card and bank account schemes. The latest detained under this operation is one of the founders of a Hong Kong-based cryptocurrency exchange CEO Global (ceobi). дальше »
2020-12-10 10:30 | |
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China and Hong Kong Prepare for Cross-border Digital Yuan Testing
China’s central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well. дальше »
2020-12-7 18:00 | |
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China's central bank plans digital yuan pilot for payments to Hong Kong
Preliminary talks are underway to begin testing the e-CNY in the special administrative region of Hong Kong.
дальше »2020-12-5 22:01 | |
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PBOC Planning Technical Pilot Testing of Digital Renminbi (e-CNY) for Cross-Border Payments
The central bank of China and Hong Kong Monetary Authority is now discussing the technical pilot testing of digital renminbi for cross-border payments, said HKMA on Friday. The launch date for e-CNY hasn’t been set yet. дальше »
2020-12-5 19:54 | |
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China Construction Bank to Launch $3B in Bonds Using Blockchain
The state-owned China Construction Bank (CCB) is preparing to become the first Chinese bank to issue bonds using blockchain technology. The bank has partnered with Hong Kong’s Fusang Exchange to launch the sale of $3 billion worth of debt represented by blockchain tokens. дальше »
2020-11-12 17:53 | |
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ConsenSys to Work on PoC for CBDC with Hong Kong Monetary Authority
ConsenSys has shared on Sept. 25, that it was awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA). The project involves the development of a technology for a central bank digital currency (CBDC) cross-border payment network, which actually serves as the second implementation phase of the Project Inthanon-LionRock. дальше »
2020-9-25 18:24 | |
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China to Start Testing its Digital Yuan in Beijing and Other Major Cities
China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area. According to an official announcement made by China’s commerce ministry, the digital RMB pilot programs will be led by the Chinese Central Bank, […] дальше »
2020-8-15 01:23 | |
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Bank of Thailand Extends Testing Of Digital Baht; Integration With Hong Kong Later In 2020
Thailand is currently in its third developmental phase of building its central bank digital currency (CBDC), a local newspaper, and Nation Thailand reported on Thursday. The paper stated that the Assistant Governor of the Bank of Thailand, Vachira Arromdee, who said the bank is already rolling out its CBDC to large companies. The Bank of […] дальше »
2020-7-17 17:21 | |
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Bitcoin in Lebanon mirrors its role in Argentina, Hong Kong
If you were to ask a Bitcoiner in the early 2010s their vision for the world come the end of the decade, an answer involving Bitcoin close to $10,000 and a burning central bank would not be far off. дальше »
2020-6-13 11:00 | |
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U.S. Sanctions against China Tailwind for Bitcoin’s Bullish Moves
Bitcoin anticipates market growth as White House National Security Advisor Robert O’Brien threatens China with economic sanctions over Hong Kong national security law. The warning could lead the People’s Bank of China to devalue yuan that, according to Naeem Aslam of AvaTrade, could prove disastrous for all currencies. дальше »
2020-5-25 07:53 | |
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China’s Top Private Bank Chair: Blockchain Tech Adoption Will Upgrade All Areas Of The Economy
China’s Blockchain potential could be unleashed to boost agriculture, finance and manufacturing, Chairman of Minsheng Bank states. In a report published on the Economic Information Daily, a China based publication, the Chairman of the first Bank in China to adopt blockchain technologies, Minsheng Bank, Hong Qi, said the world of blockchain, digital currencies and decentralized […] дальше »
2020-2-5 22:37 | |
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Hong Kong, Thai Central Banks Plan To Issue Joint Digital Currency For Cross Border Payments
According to an official joint press release from the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT), the two institutions are working on a blockchain that enables efficient transactions between banks in the two countries. дальше »
2020-1-23 20:45 | |
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Focus Shifts to Bitcoin (BTC) as HSBC Closes an Account Linked to Hong Kong Protestor Funding
In a bid to protect the Crypto market, HSBC shutters an account that is alleged to have been used to fund protestors in Hong Kong. This is according to a recent release by the Hong Kong Economic Journal dated November 18. дальше »
2019-11-21 22:48 | |
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Hong Kong Protest Funding Account Closure Is an Issue Bitcoin Can Fix
The British multinational investment bank, HSBC, has reportedly closed a bank account relating to the Hong Kong anti-extradition bill. The bill is one of the main reasons behind the protests that are occurring in the autonomous territory of Hong Kong. дальше »
2019-11-18 14:44 | |
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Russian Crypto Plot, China Mining U-Turn, Lottery Winner’s BTC Gamble: Hodler’s Digest, Nov. 4–10
In this week’s Hodler’s Digest, a lottery winner’s big gamble on Bitcoin, Russia’s ambitious new law to confiscate BTC, and Hong Kong explores a central bank digital currency
дальше »2019-11-11 01:17 | |
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Hong Kong Grants Chinese Tech Giant Tencent a License to Open Virtual Bank
Coinspeaker Hong Kong Grants Chinese Tech Giant Tencent a License to Open Virtual BankReceiving the license from the Hong Kong SFC, Tencent will be working on a blockchain-based virtual banking system. дальше »
2019-11-9 14:40 | |
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