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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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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IREN Shares Jump 11% as July Bitcoin Production Tops MARA
IREN Ltd shares rose 11.4% after reporting $86 million in July revenue and strong Bitcoin mining results.The company mined...
S Token Launches on Coinbase, Sonic Unveils Summit and Updates
The S token is now available for trading on Coinbase and can be used on multiple platforms.Sonic Labs has...
Uber Seeks Billions in Funding to Expand Robotaxi Fleet and Tech
Uber is seeking funding from banks and private firms to expand its Robotaxi operations.
Partners would own robotaxi vehicles at...