Hong Kong Cyberport Web3 network grows to 270 blockchain firms

Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong.

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Hong Kong’s HKMA warns against overseas crypto firms posing as banks

The Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims may violate local banking laws. Hong Kong‘s financial regulator, the Hong Kong Monetary Authority, warning against overseas crypto… дальше »

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В OKX назвали главные факторы будущего роста биткоина

На рост биткоина в следующие месяцы повлияют факторы двух типов — макроэкономические и регуляторные, считает президент криптобиржи и Web3-компании OKX Хонг Фан (Hong Fang). В интервью телеканалу Bloomberg она отметила, что участники крипторынка будут следить за экономической политикой администрации нового президента США, а также за тем, какие заявления и шаги будут предприниматься в отношении криптовалют… Сообщение В OKX назвали главные факторы будущего роста биткоина появились сначала на Hash Telegraph. дальше »

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Animoca Brands secures additional $10m for web3 platform Mocaverse

Hong Kong-based Animoca Brands has raised an additional $10 million to accelerate the development of its web3 platform Mocaverse. Animoca Brands, a Hong Kong-based firm known for investing in non-fungible tokens and web3 games, has raised an additional $10 million… дальше »

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Top Crypto News This Week: APT Token Unlock, Hong Kong’s BTC and ETH Index Launch, and More

Major token unlocks, Ethereum's Devcon, and Hong Kong’s new crypto index highlight this week's volatile crypto landscape. Investors should brace for impactful changes. The post Top Crypto News This Week: APT Token Unlock, Hong Kong’s BTC and ETH Index Launch, and More appeared first on BeInCrypto. дальше »

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Hong Kong trials anonymous KYC to enable stablecoin access for Chinese residents

Hong Kong's anonymous KYC trial enables mainland Chinese to access stablecoins, blending privacy with compliance in blockchain tech. The post Hong Kong trials anonymous KYC to enable stablecoin access for Chinese residents appeared first on Crypto Briefing. дальше »

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Flare, Red Date launch KYC solution for Chinese nationals in Hong Kong

Flare has partnered with Red Date Technology to introduce a new identity verification system for Mainland Chinese visitors in Hong Kong.  The system, which uses decentralized identity technology, allows users to go through KYC checks while keeping their personal information… дальше »

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Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial

The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong. дальше »

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Layer 1 Flare and Red Date Technology Set to Trial Stablecoin Buying for Chinese Nationals in Hong Kong

The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong. дальше »

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Cronos Labs Strengthens Google Cloud Partnership To Accelerate Cronos Ecosystem Growth

Hong Kong, Hong Kong, November 7th, 2024, Chainwire Cronos Labs, the blockchain startup accelerator focused on growing the Cronos blockchain ecosystem, today announced an expansion of its strategic partnership with Google Cloud. дальше »

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Hong Kong’s HashKey announces new launch date for HSK native token

Hong Kong crypto exchange HashKey announced its native token HSK will be available for deposits on Nov. 7, while HSK/USDT spot trading opens on Nov. 26. According to the HashKey’s announcement, the digital asset exchange’s token will be listed on… дальше »

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Circle doubling down on Hong Kong presence

Circle plans to bolster its foothold in Southeast Asia, with Hong Kong’s stablecoin roadmap incentivizing the firm’s proposed business expansion. дальше »

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Legend of Arcadia: Redefining Community-Driven Operations

Hong Kong, Hong Kong, November 4th, 2024, Chainwire Legend of Arcadia (LoA), a new card-based RPG set in an expansive universe inspired by Kingdom Hearts, is bringing a community-driven operational model to Web3 gaming. дальше »

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Hong Kong’s OSL Group acquires Japanese crypto exchange CoinBest

OSL Group has signed an agreement to acquire over 80% of Japan’s FSA-licensed crypto exchange CoinBest, marking its entry into the Japanese crypto market. Hong Kong‘s licensed crypto operator OSL Group has announced plans to acquire an 81.38% stake in… дальше »

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Victory Securities to launch first SFC-approved virtual asset structured products in Hong Kong

Victory Securities will be the first licensed Hong Kong crypto broker to launch cash-settled virtual asset structured products to professional investors. In a press release published on Nov. 4, Victory Securities announced its plans to launch virtual asset structured products… дальше »

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BIS cuts ties with controversial CBDC project mBridge, citing project maturity

The Bank for International Settlements (BIS) announced its departure from Project mBridge, a central bank digital currency (CBDC) initiative developed in partnership with the People’s Bank of China and the central banks of Hong Kong, Thailand, Saudi Arabia, and the UAE. дальше »

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Justin Sun Wants More TradFi on Tron, Dogs Over Cats for Memecoins

CoinDesk had 20 minutes in person with the Tron founder on the sidelines of Chainlink's Smartcon at Hong Kong Fintech Week. We covered a lot. дальше »

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‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express

Victims of ‘Hong Kong’s FTX’ take aim at $29M seized by police, central bankers bash stablecoins, crypto scammers busted over luxury condo. дальше »

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Circle CEO predicts stablecoins will play major role in Hong Kong trade

CEO of Circle, Jeremy Allaire, says stablecoins will become a critical part of Hong Kong’s trade settlements as the region transitions into more Web3 territory. According to an Oct. 30 report on South China Morning Post, Jeremy Allaire said Circle(cUSDC)… дальше »

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Hong Kong stablecoin FDUSD expands to Solana

Hong Kong-based stablecoin issuer First Digital Trust said Thursday it is expanding its FDUSD token to the Solana network. First Digital USD (FDUSD), the fourth largest stablecoin by market capitalization issued by Hong Kong-based firm First Digital Trust, is coming… дальше »

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DWF Labs partner stood down after drink-spiking allegations

A waitress at a Hong Kong bar allegedly spotted the DWF Labs partner drugging the victim’s drink while attending the bathroom — an accusation she claims is backed by CCTV footage. дальше »

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Foresight Ventures Joins Forces with Deep Blue and Arta TechFin to Improve Stablecoin and RWA Business Initiatives

A new strategic alliance has been formed between three key players in the fintech sector. The partnership brings together Foresight Ventures, a prominent Web3 investment company, with two other entities: Deep Blue, a new stablecoin issuer based in Jersey, and Arta TechFin Corporation Limited, a Hong Kong Stock Exchange-listed company (HKSE: 0279). Deep Blue specializes […] дальше »

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DWF Labs terminate partner accused of drugging job applicant

DWF Labs has severed ties with a partner accused of drugging a job applicant during a meeting in Hong Kong on October 24. The alleged victim, who identified herself as “Hana” on social media, reported that the partner attempted to… дальше »

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Bitcoin Breaks $71,000 Barrier Amid Election Speculation Frenzy

Bitcoin broke past $71,000 Tuesday morning to lead other major altcoins into a bullish trend a week before the US elections. According to CoinGecko’s tracking, Bitcoin touched $71,075 after dipping last week due to rumors circulating over a possible investigation on Tether and the ongoing Middle Eastern conflict. дальше »

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Circle set to develop blockchain-based customer loyalty solutions for Hong Kong merchants

USDC stablecoin issuer Circle has partnered with Hong Kong Telcom to build customer loyalty solutions backed by Web3 technology that will diversify how consumers discover and engage with merchants. According to Circle’s Oct. дальше »

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As BIS Mulls Shutting Down mBridge, Its Innovation Hub Calls The Project a ‘Public Good’

An international payments project backed by China, the UAE, Thailand and Hong Kong is raising concerns in Washington. дальше »

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Hong Kong’s ZA Bank begins sandbox pilot of crypto trading service

ZA Bank, Hong Kong’s digital bank, has launched a sandbox trial of its crypto trading service, aiming to provide retail investors with a regulated platform for virtual asset trading. Hong Kong-based virtual bank ZA Bank has launched a sandbox trial… дальше »

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Hong Kong Makes History With Asia’s 1st EU-Regulated Crypto Index Launch

A new era will dawn at the Hong Kong Stock Exchange (HKEX) next month as the stock market introduces a pioneering index in Asia designed for crypto. Market analysts see this as a trailblazing initiative that will open new opportunities in the Asian financial hub as it integrates cryptocurrencies into the stock market. Related Reading: Gensler […] дальше »

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As Hong Kong Firms Downsize, Animoca Built a Workspace the Size of 10 Tennis Courts

As law firms and traditional finance companies cut back on office space, Yat Siu's Animoca is taking advantage of the renter’s market to expand its headquarters, reinforcing its commitment to Hong Kong as a global Web3 and digital culture hub. дальше »

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HKMA partners up with Brazilian central bank to test cross-border tokenization

The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital currency infrastructures to conduct experimental transactions under Project Ensemble and Brazil’s Drex pilot program. дальше »

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HKMA Project Ensemble partners with Brazil, Thailand for tokenization

The Hong Kong Monetary Authority launched Project Ensemble in March and now has at least three countries participating. 

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Hong Kong SFC to Establish ‘Consultative Panel’ for Licensed Crypto Exchanges

The SFC’s Eric Yip said the panel will include representatives from each licensed exchange. дальше »

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Hong Kong Considering Tax Concessions for Crypto Investments

Regulatory updates are also in the works for stablecoin issuers, OTC trading services and custodians. дальше »

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Kaspa Foundation Plans to Lead Investment, XT.COM Exchange Plans to Follow-up Investment to Support KRC-20 DEX and Wallet Construction

In breaking news, at last night’s Kaspa Networking Night event in Hong Kong, XT. COM declared a strategic partnership with the Kaspa Foundation, becoming the first and only centralized exchange supporting the KRC-20 ecosystem. дальше »

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HKEX launches digital asset index as Hong Kong expands crypto licensing

The new index series from HKEX will offer a single reference price for Bitcoin and Ether, aligning with Asia-Pacific trading hours, and it aims to boost transparency in the digital asset market. дальше »

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Hong Kong announces crypto tax breaks, AI policies to boost finance sector

Hong Kong unveiled plans for crypto and AI initiatives to modernise its financial services industry. дальше »

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RD InnoTech to launch HKDR stablecoin on Ethereum

RD InnoTech has partnered with HashKey Exchange to launch its HKDR stablecoin, aiming to facilitate compliant cross-border payments. Hong Kong-based RD InnoTech, a subsidiary of RD Technologies Group, is moving forward with plans to issue its HKDR stablecoin, designed to… дальше »

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Гонконгская фондовая биржа объявила о планах запуска криптоиндексов

Гонконгская фондовая биржа Hong Kong Exchanges and Clearing (HKEX) объявила о запуске индекса на цены самых крупных по капитализации криптовалют, биткоина и эфира. Индекс станет «надежным ориентиром для быстрорастущего класса активов», объяснили представители биржи. дальше »

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Hong Kong Exchanges and Clearing to Launch Crypto Index in November

HKEX said the index will provide investors with transparent and reliable benchmarks for Bitcoin and Ether pricing in the Asian time zone. дальше »

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HKMA teams up with Thailand, Brazil central banks on cross-border tokenization pilots

Hong Kong Monetary Authority has partnered with the Bank of Thailand and Banco Central do Brasil to advance cross-border tokenization projects under collaborative initiatives. Hong Kong‘s financial watchdog, the Hong Kong Monetary Authority, has partnered with the central banks of… дальше »

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Hong Kong considers tax break on crypto investments and using AI for finance

Hong Kong regulators are considering an extension on tax breaks to include digital assets like crypto and the use of artificial intelligence-technology in finance sectors. According to an Oct. 28 Bloomberg report, Hong Kong’s Secretary for Financial Services and the… дальше »

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Hong Kong issues dual-track policy for AI adoption in finance

Hong Kong’s FSTB has unveiled a balanced AI policy approach for finance while the SFC preps new crypto OTC regulations.

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Valhalla Announces Partnership with Hong Kong International Cricket Sixes

Valhalla, a blockchain-based MMORPG that offers players the chance to discover, tame, and battle with creatures called Veras, has announced a new partnership with Hong Kong International Cricket Sixes. дальше »

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Valhalla Partners with Hong Kong International Cricket Sixes for a Thrilling Comeback

Miami, Florida, 25th October 2024, Chainwire

The post Valhalla Partners with Hong Kong International Cricket Sixes for a Thrilling Comeback appeared first on CoinJournal.

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Hong Kong targets global fintech leadership with new virtual asset strategies

Hong Kong is sharpening its focus on virtual asset trading and digital financial systems, local media reported on Oct. 23, citing Financial Secretary for Services and the Treasury Christopher Hui. дальше »

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CSI 300 swings, Hang Seng drops amid market shifts while gold hits record high

Global markets navigated a mix of geopolitical risks and economic policy changes on Monday, with key indices showing varied performances. China’s CSI 300 Index fluctuated between gains and losses, the Hang Seng Index in Hong Kong dropped by 0. дальше »

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WATCoin price soars 40% following Animoca Brands’ pledge to buy more tokens

Blockchain venture capital firm Animoca Brands said it plans to purchase more WAT tokens from the open market, propelling the token’s price up by 40%. Hong Kong-based game developer and venture capital firm Animoca Brands is planning to buy more… дальше »

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Hong Kong’s HashKey postpones HSK token launch due to ‘temporary market downturn’

Hong Kong’s biggest licensed crypto exchange operator, HashKey, has postponed the launch of its HSK token, citing the need to wait “for more favorable market conditions.” HashKey Group, which operates the Hong Kong-based crypto exchange, is postponing the launch of… дальше »

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Hong Kong Police Bust Group Running $46M Crypto Investment Scam Using Deepfakes

A total of 27 people between the ages of 21 and 34 were taken into custody suspected of conspiracy to defraud following a raid on a Hong Kong office. дальше »

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Crypto Scandal Erupts: Ex-Philippine Mayor Implicated In $30 Million Fraud And Laundering

Have crypto fraudsters infiltrated the local government in Asia? It seems the answer is yes as information linking a former Philippine mayor to a crypto scam group operating in Asia surfaced. This is an indicator of the growing concern about crypto scam rings in Southeast Asia and Hong Kong, which might have gained a foothold […] дальше »

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