Hong Kong orders Worldcoin to suspend iris biometrics
Worldcoin is no longer allowed to collect biometric data inside Hong Kong, as announced on May 22 by the Office of the Privacy Commissioner for Personal Data (PCPD), the city's privacy…
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Hong kong
Hong Kong central bank establishes a community to investigate tokenization of assets
Tokenization in Hong Kong has received support from regulators such as the HKMA and SFC as well as local private sector companies like HSBC and HashKey.
Financial regulator and central…
Hong Kong Exchange-Traded Funds Expect Initial Funds of $300 Million
The six new Hong Kong spot-crypto ETFs, with a focus on Bitcoin funds, are anticipated to attract initial investments of over $300 million from investors on the first day.
The first…
Hong Kong authorities advise that the crypto sector self-regulate
"Many economically successful countries around the globe have created statutory, semi-official industry self-regulatory agencies to concentrate on industry growth," the Hong Kong regulators…
Hong Kong Police Detain 72 Individuals in Relation to the JPEX Scandal
In what is believed to be the biggest scam in the city-state of Hong Kong, the police have blocked assets linked to JPEX worth $29.37 million.
In connection with the HK$1.6 billion JPEX…
Hong Kong Retail Investors Can Now Purchase HSBC’s Gold Token
HSBC boasts that it was the first financial institution to develop a tangible asset for ordinary investors that is based on the blockchain.
The Hong Kong-based banking giant HSBC (HSBA)…
The Hong Kong Monetary Authority Warns the Public About Scam Digital Currency Trial Companies
On Wednesday, the Hong Kong Monetary Authority issued a public warning against scams that falsely implicate its e-HKD trial programs. The warning is issued at a time when Hong Kong is…
Hong Kong SFC investigating BitForex for crypto fraud
In addition to removing the exchange's social media accounts, Hong Kong will also ban connections to its websites.
Cryptocurrency exchange BitForex was the subject of a public alert from…
The Hong Kong government is cracking down on over-the-counter (OTC) crypto services
Strict rules are in place to limit unlawful transactions in Hong Kong, which targets over-the-counter crypto businesses.
In particular, the OTC crypto services have the attention of the…
Hong Kong advises crypto investors to examine platform status before licensing deadline
Crypto exchanges have until February 29th to apply for a license from the Securities and Futures Commission, or they must close their doors permanently by May 31st.
The chief financial…
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