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HKMA proposes renaming virtual banks to digital banks in Hong Kong.
digital banks

Hong Kong Monetary Authority Proposes Renaming Virtual Banks to Digital Banks

The HKMA plans to rename virtual banks as digital banks to differentiate them from traditional digital banking services, highlighting their unique operational model and use of financial technology....

appointmentDr. Huang Tianyou appointed as new Chairman of SFC in Hong Kong.

Hong Kong Government Appoints Dr. Huang Tianyou as New SFC Chairman

On October 14, 2023, the Hong Kong SAR Government announced Dr. Huang Tianyou's appointment as the new Chairman of the Securities and Futures Commission, effective from October 20, 2024. His term w...

Emerging TechnologiesHong Kong's rising position in World Talent Ranking 2024

Hong Kong Climbs to Ninth in 2024 World Talent Ranking

Hong Kong has surged to the ninth position in the 2024 World Talent Ranking by IMD. Zhou Zilie suggests enhancing the 'Technology Talent Admission Scheme' and including emerging tech sectors like q...

BitcoinGraph showing Bitcoin spot ETF holdings in Hong Kong over time.

Hong Kong Bitcoin Spot ETF Holdings Surpass 4,300 BTC

As of October 11, Hong Kong's Bitcoin spot ETF boasts a total of 4,315 BTC, with assets under management approaching $290 million. Discover the latest insights into Hong Kong's cryptocurrency inves...

cryptocurrencyHong Kong official discussing virtual currency trading regulations.

Hong Kong Promotes Licensed Exchanges for Virtual Currency Trading

Joseph Chan, Deputy Secretary for Financial Services, urges investors to trade virtual currencies on licensed exchanges as Hong Kong builds a comprehensive virtual asset ecosystem, including ETFs a...

BitcoinworldHong Kong SFC Logo and Bitcoinworld trading platform image.

Hong Kong SFC Denies Bitcoinworld's License for Virtual Asset Trading

The Hong Kong Securities and Futures Commission (SFC) has rejected Bitcoinworld's application for a virtual asset trading platform license submitted by Bitcoin World Technology Limited. This is par...