Hong Kong

Hong Kong, HKU develop crypto tracker to fight money laundering

Hong Kong Customs is working with the University of Hong Kong to develop a digital system for tracing cryptocurrency transactions linked to money laundering.Officials...

China to Sell Seized Crypto via Licensed Hong Kong Exchanges

China will sell seized cryptocurrency through licensed exchanges in Hong Kong for the first time.The initiative uses the China Beijing Equity Exchange (CBEX) and...

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...

Latest news

Musk loses $48.5B as SpaceX stock plunges on AI bubble fears

Elon Musk’s net worth plunged by more than $48.5 billion Friday, sinking to $865 billion as SpaceX stock fell...

Attackers Drain Hot Wallets on BTCPay Server, Shutdown Urged

BTCPay Server urged operators to shut down their instances on Sunday after reports that attackers were sweeping hot wallets...

Woo, Pillows: Bitcoin Edges Gold, First Bull Run Correction

Bitcoin traded near $78,000 on Monday, showing resilience despite a $6 billion hack on Binance.Analyst Michaël van de Poppe...