Hong Kong

Hong Kong Lawmakers Approve Landmark Stablecoin Regulation Bill

Hong Kong's Legislative Council passed a new law to regulate fiat-referenced stablecoins.The legislation will take effect later this year and strengthens Hong Kong's financial...

Hong Kong Police Bust Crypto-Based $15M Cross-Border Laundering Ring

Police arrested 12 people in Hong Kong and mainland China for laundering $15 million using crypto and over 500 bank accounts.The syndicate rented a...

GTJAI to Issue Tokenized Securities in Hong Kong, Eyes Digital Hub

Guotai Junan International plans to issue various tokenized securities in Hong Kong, leveraging digital ledger technology for issuance, trading, and custody.The company received regulatory...

Goldman Sachs, Moody’s, and Hong Kong FMI Join Global Synchronizer Foundation for Blockchain Collaboration

Goldman Sachs, Moody's and Hong Kong FMI Services have joined the Global Synchronizer Foundation, expanding its membership to over 30 institutions.The Canton Network aims...

MYRIAD Prediction Market Aims to Realign Media Incentives, Says DASTAN President at Consensus Hong Kong

DASTAN unveiled its MYRIAD prediction market platform at Consensus Hong Kong, aiming to realign media ecosystem incentives by rewarding users for participation.Since its January...

Hong Kong’s Cyberport Accelerates Web3 and AI Investments to Become Global Tech Hub

Hong Kong has allocated HK$1 billion ($125.5 million) to establish an AI Research and Development Institute as part of its expanded technology investment.Cyberport, Hong...

Hong Kong Regulator Unveils 12-Point Plan to Become Global Digital Asset Hub

Hong Kong's SFC releases comprehensive 12-point ASPIRe roadmap to establish the territory as a global digital asset hub. Licensed cryptocurrency exchanges in Hong Kong have...

Hong Kong Unveils ‘ASPIRe’ Roadmap to Become Global Virtual Assets Hub

Hong Kong's SFC launches comprehensive "ASPIRe" framework with five pillars to strengthen its position as a global virtual assets hub. The roadmap includes 12 initiatives...

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Crypto Investor Arrested Barefoot in Bathrobe After NYC Raid

Police arrested a cryptocurrency investor, John Woeltz, in New York City after allegations of kidnapping and torture.Authorities removed Woeltz...

Judge Overturns Mango Markets Fraud Conviction Against Eisenberg

A U.S. judge overturned the fraud and market manipulation convictions of Avraham Eisenberg, who was accused of taking $110...

Helium’s DePIN Network Boosts Revenue for Small Businesses, Telecoms

Decentralized wireless network models support both small business and telecom company revenue. Nova Labs is expanding the Helium Network through...

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