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Hong Kong lawmaker advocates including Bitcoin in national reserves

Hong Kong lawmaker Wu Jie has urged the city-state’s government to consider integrating Bitcoin into its fiscal reserves, a local media outlet reported. The report showed that Wu proposed that the Hong Kong Special Administrative Region (SAR) explore the inclusion of cryptocurrencies in its fiscal reserves and leverage foreign exchange funds to acquire and hold […] The post Hong Kong lawmaker advocates including Bitcoin in national reserves appeared first on CryptoSlate. дальше »

2024-12-30 11:13


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Coinbase CEO says open finance is the solution to Hong Kong’s scrutiny against pro-democracy asset owners

Amongst other political activities and movements, the pro-democracy movement has continued to grow in popularity in Hong Kong. The pro-democracy movement, which has stirred national controversy has seen both its supporters and opposers speak vocally about where they really stand. дальше »

2020-7-22 23:06


International Banks Reportedly Enhance Due Diligence in Hong Kong Following New Security Law

Global banks have begun scrutinizing their Hong Kong clients to filter out pro-democracy individuals following the new national security law backed by mainland China. A recent report by Reuters has revealed that the likes of HSBC, Credit Suisse, and Julius Baer are among the international banking giants that have since increased their diligence process, screening […] дальше »

2020-7-22 20:29


Bitcoin At Risk of Correction at $9.1k as U.S. Futures Hint a Sell-Off

Bitcoin is holding its intraday gains above $9,100 on Thursday. But the cryptocurrency risks downside correction as the U.S. futures hint at a shaky start after New York opening bell Thursday. The unsteadiness surfaced as China approved a proposal for a national security law in Hong Kong, raising possibilities of a new geopolitical conflict with... дальше »

2020-5-28 14:00