Hong Kong legislator Johnny Ng advocates for Bitcoin, web3 development

Hong Kong politician Johnny Ng expressed interest in the concept of a national Bitcoin reserve, following Trump’s Bitcoin 2024 keynote speech — which included a plan for a U.S. Bitcoin reserve. In a post on X today, July 28, Ng,…

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Hong Kong legislator eyes Bitcoin for fiscal reserves

By engaging with stakeholders and focusing on compliance, Johnny Ng aims to position Hong Kong as a leader in adopting Bitcoin and Web3 technologies.

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SoMon Becomes Fastest-Growing Web3 Social App with 300,000 Transactions in Two Weeks

Hong Kong, Hong Kong, 22nd July 2024, Chainwire

The post SoMon Becomes Fastest-Growing Web3 Social App with 300,000 Transactions in Two Weeks appeared first on CoinJournal.

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SoMon Becomes Fastest-Growing Web3 Social App with 300,000 Transactions in Two Weeks

Hong Kong, Hong Kong, 22nd July 2024, Chainwire

The post SoMon Becomes Fastest-Growing Web3 Social App with 300,000 Transactions in Two Weeks appeared first on CaptainAltcoin.

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Animoca Looks to Go Public in Hong Kong or Middle East in 2025: Report

The prominent Web3 investor has held talks with investment banks, but is yet to finalize an advisor.

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Hong Kong shows off crypto, Web3 prowess in Toronto

Canadian crypto and Web3 startups could benefit from “lower taxes” and regulations that cater to “pre-commercial specialist technology companies,” said a Toronto ETO official.

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Hong Kong invites global opinions on future of Web3 and digital assets

The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal and regulatory frameworks.

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Hong Kong invites global opinions on web3 and virtual assets future

The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal, and regulatory frameworks.

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FORKED Brings Web3 Gaming & SocialFi Conference to KBW2024 After Epic HK Debut

After the successful debut of FORKED in Hong Kong on May 8, organized in just one month for 1,000 curated attendees and supported by five Asian powerhouses, the event is set to make another significant impact.

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Polkadot Enhances Decentralization in Ecosystem Growth With the Launch of PolkaPort East in Hong Kong

HK, HK, June 5th, 2024, Chainwire Web3 Foundation, the entity supporting the growth of the Polkadot ecosystem, has awarded a grant to PolkaPort East. The Decentralized Futures (DF) grant is designed to help further decentralize Polkadot while spearheading technical, community, and broader ecosystem adoption.

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Polkadot Enhances Decentralization in Ecosystem Growth With the Launch of PolkaPort East in Hong Kong

Web3 Foundation, the entity supporting the growth of the Polkadot ecosystem, has awarded a grant to PolkaPort East. The Decentralized Futures (DF) grant is designed to help further decentralize Polkadot while spearheading technical, community, and broader ecosystem adoption.

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Is crypto regulatory clarity impossible? Asia doesn’t think so | Opinion

Japan's proactive legislative adjustments and Hong Kong's embrace of digital asset management have laid the foundation for a regulated web3 ecosystem in Asian nations.

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AI and Blockchain Fusion: Gate.io and AWS co-host Hong Kong Web3 festival side event

Leading cryptocurrency exchange and Web3 innovator Gate. io recently co-hosted an event alongside Amazon Web Services (AWS) and sponsors Qraft and Masa at the Hong Kong Web3 Festival. The event, 'FuturThe post AI and Blockchain Fusion: Gate.

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ZA Bank launches banking solutions for stablecoin issuers in Hong Kong

Hong Kong's ZA Bank revealed plans to provide specialized banking services for stablecoin issuers, a strategy it expects to boost local web3 adoption.

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WOW Summit Hong Kong 2024 Concludes In Triumph, Cementing Its Position As A Blockchain Powerhouse

The recently concluded WOW Summit Hong Kong 2024 (March 26-27) emerged as a resounding success, solidifying its place as a premier global Web3 event. WOW Summit Hong Kong brought together blockchain luminaries, industry leaders, and the future architects of the digital asset space from over 30 countries, showcasing the industry’s energy and innovation.

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Asia’s crypto revolution: Web3 growth in the East

Over the years, the Asia Pacific region (APAC) has established itself as an impressive environment for the rapidly growing technology industry. From the bustling tech hub of Singapore to the financial might of Hong Kong, the flourishing Web3 community in Vietnam, and the impressive technological creativity of Japan, APAC has consistently been at the forefront […] The post Asia’s crypto revolution: Web3 growth in the East appeared first on CryptoSlate.

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Announcing Blocktober #24: Hong Kong’s month convening flagship Web3 events

Hong Kong, China, March 15th, 2024, Chainwire Web3 Harbour, a nonprofit industry association for the advancement of a decentralized internet and economy, and Invest Hong Kong (InvestHK), the government department responsible for foreign direct investments into Hong Kong, today announced Blocktober #24, a first of its kind strategic public-private collaboration that will bring three weeks of […] The post Announcing Blocktober #24: Hong Kong’s month convening flagship Web3 events appeared first on CoinJournal.

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How Web3 Companies Are Filling the Void Left by WeWork’s Bankruptcy

WeWork's collapse hasn't hurt demand for flexible working space, including in the Web 3 sector, as evidenced by Web-focused facilities emerging in London and Hong Kong. The post How Web3 Companies Are Filling the Void Left by WeWork’s Bankruptcy appeared first on BeInCrypto.

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Hong Kong Gaming Company Boyaa Interactive Seeks Approval to Buy $100M in Crypto to Boost Web3 Strategy

Boyaa Interactive unveiled plans this week to potentially buy up to $100 million worth of cryptocurrencies, mostly bitcoin [BTC] and ether [ETH] within a year.

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METAVERTU2 Finally Officially Launched: The Next Evolution In AI Phones

VERTU, a UK-based luxury mobile phone brand, officially launched its METAVERTU2 Dual Model AI phone during the Hong Kong Fintech Week. METAVERTU2 combines Web3 and AI technology to make it more secure and intelligent.

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JPEX Scandal Can’t Ruin Hong Kong’s Web3 Vision, Says Financial Secretary

The recent JPEX scandal has scarred the reputation of Hong Kong’s crypto industry, raising questions about the future of web3 and digital assets in the region. However, a speech by the region’s Financial Services and Treasury Secretary, Christopher Hui, at the ongoing Hong Kong Fintech week put minds at ease. Hui declared that the $165 […]

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Yuga Labs Announces First Open House in Hong Kong

Yuga Labs to host its first-ever Yacht Club Open House on November 5, 2023, featuring industry leaders and discussions on the future of web3 technologies. The post Yuga Labs Announces First Open House in Hong Kong appeared first on NFT News Today.

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Shimza, Enzo Siffredi to Headline AFTER 2049, the Largest Formula One Grand Prix Pre-Weekend Party

TOKEN2049, Asia’s premier Web3 and crypto conference, announced an international DJ line-up for AFTER 2049, the official closing event of its upcoming Singapore edition. Headlined by award-winning DJ and producer Shimza, house icon Enzo Siffredi and Hong Kong’s Leon, Milam and Mo-Shi, AFTER 2049 takes place on Friday, 15 September as the largest Formula 1 … Continued The post Shimza, Enzo Siffredi to Headline AFTER 2049, the Largest Formula One Grand Prix Pre-Weekend Party appeared first on BeInCrypto.

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Hong Kong Financial Secretary Champions Web3 Technology

Hong Kong's Financial Secretary Paul Chan Mo-po sees blockchain as the next big growth area in tech, particularly in Web3 sectors like NFTs and GameFi. The post Hong Kong Financial Secretary Champions Web3 Technology appeared first on NFT News Today.

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Hong Kong places big bets on Web3 — Is there a global hub in the making?

The Hong Kong government vied for a big chunk of the Web3 investments pie. Hong Kong's opportunity came as the U.S. regulatory climate turned hostile. With key lessons learned over the last The post Hong Kong places big bets on Web3 — Is there a global hub in the making? appeared first on AMBCrypto.

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Hong Kong’s financial secretary Paul Chan sees web3 as future

Hong Kong’s Financial Secretary, Paul Chan Mo-po, touts the potential of web3 and blockchain, envisioning them as catalysts for the city’s next tech-driven growth phase. In the preceding decade, there was a remarkable growth in the realms of music streaming,…

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‘Breakthrough growth’ will be driven by Web3: Hong Kong financial secretary

Paul Chan says that blockchain and Web3 tech will be responsible for the next big wave of growth in Hong Kong’s digital tech sector.

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Terminal 3 Raises Pre-Seed Funding for Decentralized User Data Infrastructure

Hong Kong, Hong Kong, August 2nd, 2023, Chainwire Terminal 3, a Hong Kong-based Web3 startup, has successfully raised an oversubscribed pre-seed round to build user data infrastructure for a decentralized future.

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Terminal 3 Raises Pre-Seed Funding for Decentralized User Data Infrastructure

Hong Kong, Hong Kong, August 2nd, 2023, Chainwire Terminal 3, a Hong Kong-based Web3 startup, has successfully raised an oversubscribed pre-seed round to build user data infrastructure for a decentralized future.

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OKX Releases Industry Leading 9th Consecutive Proof of Reserves in July, Showing USD$11.3 billion in Primary Assets

HONG KONG, HONG KONG, July 26th, 2023, Chainwire OKX, a leading crypto exchange by trading volume and Web3 technology company, has published its industry-best ninth consecutive monthly Proof of Reserves (PoR), showing a balance of USD$11.

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OKX Releases Industry Leading 9th Consecutive Proof of Reserves in July, Showing USD$11.3 billion in Primary Assets

HONG KONG, HONG KONG, July 26th, 2023, Chainwire OKX, a leading crypto exchange by trading volume and Web3 technology company, has published its industry-best ninth consecutive monthly Proof of Reserves (PoR), showing a balance of USD$11.

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McDonald’s debuts McNuggets Land in The Sandbox

McDonald’s Hong Kong has picked The Sandbox to build its first Web3 experience, McNuggets Land.

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McDonald’s Launches McNuggets-Themed Metaverse In Hong Kong

McDonald’s Hong Kong Branch has finally stepped into the metaverse, joining a host of other global brands like Adidas, Coca-Cola, and Gucci to embrace web3.   The leading fast food chain launched its metaverse dubbed the McNuggets Land on Thursday, July 21, on Animoca Brands’ sister gaming platform, The Sandbox.

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Hong Kong would not go crypto without China’s approval — Animoca exec

China looks at Web3 as a powerful tool to challenge the United States’ technological and economic hegemony, the Animoca co-founder said.

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US crypto regulatory uncertainty could be Hong Kong’s gain — Yat Siu

Animoca Brands founder Yat Siu believes Hong Kong’s efforts to foster the Web3 ecosystem are in stark contrast to regulatory uncertainty hampering development in the United States.

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Hong Kong’s Web3 Development Leaps Forward with Animoca

Hong Kong's government appoints Animoca Brands Co-founder Yat Siu to its Web3 Development Task Force, underpinning a broader strategic approach towards Web3. The post Hong Kong’s Web3 Development Leaps Forward with Animoca appeared first on NFT News Today.

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Hong Kong government establishes web3 task force

The Hong Kong government has created a web3 task force, composed of various market sector representatives and government officials, to draft guidelines for the ethical and sustainable growth of cryptocurrency within the region.

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Hong Kong Sets Up Task Force for Web3 Development

Hong Kong wants to be a Web3 hub, Financial Secretary Paul Chan said.

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Hong Kong Mobilizes Task Force To Drive Web3 Advancements, What’s Their Master plan?

In order to actively embrace the emerging “megatrend” of Web3 development, Hong Kong maintains a strong commitment and has taken initiatives to monitor and regulate its progress. To accomplish this, an inclusive collective consisting of both industry experts and government officials has been formed to oversee the advancement of Web3 in the region. According to […]

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Hong Kong establishes task force to advance Web3 development

The task force will advise on the “sustainable and responsible” development of Web3 in Hong Kong, according to the statement.

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DWF Labs Doubles Down on Conflux with $28 Million Invested

Hong Kong, China, June 28th, 2023, Chainwire DWF Labs, the global digital asset market maker, and multi-stage Web3 investment firm, has further strengthened its commitment to support the growth of Conflux, the tree-graph consensus algorithm Layer-1 blockchain.

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Web3 firms are spending up to $25M on HK crypto licenses: Report

VASP expenditures are varying between 20 million to 200 million Hong Kong dollars as firms scramble to find Web3 talent for licensing.

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Hong Kong says Cyberport attracted 150 Web3 firms in a year

The country’s financial secretary says state funding and support have helped draw Web3 innovators to the digital hub.

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Hong Kong’s Cyberport emerges as thriving hub for web3 companies

Hong Kong’s Cyberport, the city’s flagship technology hub, has experienced remarkable growth over the past year, attracting more than 150 companies operating in the web3 space.  According to a June 18 blog post by Hong Kong Financial Secretary Paul Chan,…

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Hong Kong’s Cyberport Draws Over 150 Web3 and Crypto Firms With Government Help

Hong Kong's Cyberport has emerged as a thriving hub for more than 150 web3 firms, driven by strong government support and funding. The city's commitment to innovation and emerging technologies has propelled Cyberport's growth as per the financial secretary.

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Hong Kong Regulator Pushes Banks to Welcome Crypto Firms, FT Says

Amid US regulators cracking down on crypto, Hong Kong is trying not to miss its chance to attract scared Web3 services

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Hong Kong’s Web3 industry faces 100,000 person shortfall

Hong Kong Legislative Council Member and Co-founder of G-Rocket, an incubator firm, Wu Jiezhuang, said the region faces a Web3 talent shortage. In an interview with Chinese-language crypto publication Chain Catcher, Jiezhuang covered several points, including developments at G-Rocket, the impact of the Virtual Assets Service Provider (VASP) licensing system in Hong Kong, and the […] The post Hong Kong’s Web3 industry faces 100,000 person shortfall appeared first on CryptoSlate.

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Hong Kong Police Launches New Metaverse Initiative to Explore Threats & Opportunities in Web3

Coinspeaker Hong Kong Police Launches New Metaverse Initiative to Explore Threats & Opportunities in Web3 The Hong Kong Police Force has established a metaverse security platform through a specialized unit to educate the public on Web3 dangers.

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Hong Kong Police Launch CyberDefender Metaverse Platform

Hong Kong Police launch CyberDefender platform to raise awareness about Web3 risks and prevent technology-related crimes. The post Hong Kong Police Launch CyberDefender Metaverse Platform appeared first on NFT News Today.

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