Hong Kong
- CBDC
China and Singapore Join Forces for Green Financing, as Chinese City Adopts Digital Yuan Salaries
According to recent reports, civil employees in Changshu, a city in China, will receive their full salaries in digital yuan…
Read More » - Policies & Regulations
Cryptocurrencies Gain Legal Recognition as Property in Hong Kong Court Ruling
A court in Hong Kong has recognized cryptocurrencies as a form of property that can be held in trust. The…
Read More » - Global News
Citi India Advances Trade Digitization Efforts with First Successful Blockchain LC Transaction on Contour
Citi India has successfully carried out its initial blockchain-powered Letter of Credit (LC) deal on Contour for Cummins India Limited,…
Read More » - Global News
Hong Kong Virtual Bank Takes Lead in Embracing Crypto, Offering Conversions and Accounts to Establish Global Hub Status
ZA Bank, the largest virtual bank in Hong Kong in terms of assets, is planning to introduce crypto account services…
Read More » - MENA News
Animoca Brands Plans Major Expansion in the Middle East Through Partnership with Manga Productions
Hong Kong-based Animoca Brands, a leader in blockchain gaming, is planning to expand its presence in the Middle East following…
Read More » - Global News
Goldman Sachs Plans Expansion of Digital Asset Team to Support its Blockchain Platform
Goldman Sachs, a major investment bank on Wall Street, has announced its readiness to strengthen its digital asset team while…
Read More » - Government
Hong Kong Official Considers Issuing Stablecoin Version of CBDC with DeFi Capabilities
Hong Kong officials are considering issuing a stablecoin version of the Hong Kong Digital Dollar (e-HKD) as a central bank…
Read More » - Reports
Metaverse Could Contribute to $1.4tn a Year to Asia GDP
The metaverse could contribute between $0.8tn and $1.4tn per year to Asia’s GDP by 2035 if investments in the technology are sustained…
Read More » - Global News
Hong Kong Government Issues Policy Statement on Development of Virtual Assets
On the 31st of October, the Government issued a policy statement on the development of Virtual Assets (VA) in Hong…
Read More » - Government
Project Aurum: New Completed Hong Kong Retail CBDC Prototype with a CBDC-Backed Stablecoin
The Hong Kong Monetary Authority presented its completed Aurum retail central bank digital currency (CBDC) prototype on Oct. 21. The…
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