News with the tag "Hong Kong"

Key Takeaways: This initiative tests a hybrid model that marries blockchain efficiency with established trade finance, aiming to set new industry benchmarks. By aligning regulatory clarity in both regions, the project could catalyze broader digital integration and challenge traditional payment delay...

HK Asia Holdings (1723) said it bought another 10 bitcoin (BTC) for $858,581. The Thursday purchase took the Hong Kong-listed company's total to around 18.88 BTC at a cost of roughly $1.72 million. The acquisitions were made via open market transactions and funded through internal cash reserves. In ...

South Korean investors are pouring millions of dollars into Hong Kong’s stock market at levels not seen in three years, even as Asian markets count losses caused by the US’s head-strong policies against China. Traders are looking for straws to clutch while concerns over a potential US recession and ...

An X account impersonating Hong Kong’s Chief Executive, John Lee Ka-chiu, launched a fake national cryptocurrency on Solana’s token launchpad Pump.fun. The account promoted the token to its thousands of followers, seemingly aiming to capitalize on the recent Political memecoin frenzy. Hong Kong Gov’...

Four and half years ago, when Zain Zaidi was applying to grad school, he submitted his academic transcripts. But, through an administrative error, the documents were lost, and he almost lost his place. Understanding how someone’s life could be altered by not being able to prove something like an aca...

Key Takeaways: The Hong Kong government warns citizens about the deceptive “National Hong Kong Coin” scam and refers the case to authorities. Impersonator’s account shared content from official government sources to build credibility before launching the scam. Crypto scams surge as fake accounts, im...

In a surprising development, Emirates NBD bank, owned by the Dubai government, is making its footsteps in the crypto market. The Dubai government-owned bank has taken the initiative to offer crypto services via its digital bank subsidiary Liv. Through its subsidiary Liv, customers can now buy, hold,...

A Solana-based ‘Hong Kong coin’ is being promoted by an X account impersonating as the Chief Executive of Hong Kong. Authorities and regulators have warned traders not to get scammed by the fake coin. On March 6, Hong Kong lawmaker and active crypto supporter Johnny Ng warned traders that an account...

In a shocking incident, the Hong Kong government has unveiled a sophisticated crypto scam, involving a fake social media account impersonating the city’s Chief Executive. The scammers used the account to promote a fake cryptocurrency called “National Hong Kong Coin”, prompting a swift warning from t...

The Hong Kong arm of ChinaAMC has introduced a tokenized money market fund in a bid to expand blockchain-based investment options for retail investors. China Asset Management (Hong Kong), a subsidiary of one of China ‘s largest fund houses, has launched Hong Kong ‘s first retail tokenized money mark...