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Nalezeno "kong": 1436

Godzilla vs. Kong: SEC faces fierce battle against crypto’s legal firepower

22.5.2024
The SEC has decided to take on half the crypto industry at once. That could be a fatal error given the industry’s combined legal firepower

Worldcoin Operations Violate Privacy and Should Cease, Hong Kong Regulator Says

22.5.2024
Privacy Commissioner for Personal Data personnel visited 10 of the project's locations in December and January

Worldcoin Ordered to Cease Operations in Hong Kong Over Privacy Compliance Issues

22.5.2024
Hong Kong’s privacy watchdog on Wednesday instructed OpenAI founder Sam Altman’s Worldcoin project to halt all activities in the region. This includes scanning and collecting iris and facial images from the public using iris-scanning devices. The post Worldcoin Ordered to Cease Operations in Hong...

Worldcoin ordered to stop operations in Hong Kong

22.5.2024
The PCPD ruled that Worldcoin’s retention of sensitive biometric data, including face and iris images, for up to 10 years solely for AI model training was unjustified

Hong Kong Police Arrest Three in HK$5.1 Million Virtual Investment Talk Show Ticket Scam

21.5.2024
Hong Kong police have arrested three individuals linked to a fraud syndicate that allegedly defrauded at least 10 residents out of HK$5.1 million (US$653,900) by deceiving the victims into bidding for fake tickets to a virtual investment talk show with the intention of reselling them for...

US Spot Bitcoin ETFs Maintain Momentum With Sixth Day of Positive Gains

21.5.2024
According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have experienced positive inflows for six consecutive days. Over this period, the spot bitcoin ETFs attracted a total of $1.186 billion. Ark Invest’s ARKB Tops Inflows as U.S. Bitcoin ETFs Gain $237 Million Spot...

Crypto exchanges exit Hong Kong license race ahead of May deadline

21.5.2024
The queue of crypto exchanges for operational licenses in Hong Kong is shrinking as seven exchanges, including IBTCEX and Huobi HK, withdraw applications ahead of the May 31 deadline

Hong Kong Police Arrest Three in ‘Hell Money’ Cryptocurrency Scam

21.5.2024
Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly presenting “hell money” to a customer, leading the customer to transfer approximately HK$1 million ($128,206) worth of cryptocurrency in exchange for cash....

HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin

20.5.2024
Xiao Geng states that the creation of a CNY-pegged stablecoin could expand the offshore Chinese yuan market and elevate Hong Kong’s status in the global financial sector. The post HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin appeared first on Cryptonews

Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments

17.5.2024
The e-CNY, also referred to as the digital yuan, is China's state-backed digital currency, and users can now open digital wallets and store it outside of mainland China in Hong Kong. The post Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments appeared first on Cryptonews

Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch

17.5.2024
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets. Inconsistent Inflows and Outflows Mark Hong Kong Bitcoin ETFs’ First Weeks On Thursday, the spot bitcoin ETFs...

China Expands Digital Yuan Pilot: Hong Kong Residents Can Now Set up E-CNY Wallets Locally

17.5.2024
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to increase e-CNY wallet usage in Hong Kong. Residents can now set up and top up wallets via the Faster Payment System (FPS), marking the first global...

Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

17.5.2024
The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers

Crypto ETF race intensifies with US and Hong Kong spot crypto ETFs

17.5.2024
Other countries and global markets will soon join the digital asset race, including Australia. Recently, the American Securities and Exchange Commission approved spot Bitcoin ETFs. Hong Kong also took a similar initiative, approving spot Ether Exchange Traded Funds. The US performed better than...

Hong Kong digital yuan pilot lacks P2P capabilities

17.5.2024
While Hong Kong residents can sign up for a digital yuan (e-CNY) wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong

Mastercard, Standard Chartered test tokenized deposit transaction

15.5.2024
Mastercard’s Multi-Token Network enabled an atomic swap of a tokenized carbon credit for cash in a bank account

HTX Withdraws Hong Kong Crypto License Application Again – What’s Going On?

15.5.2024
Concerns were raised regarding Huobi Global (HGBL) Hong Kong Limited's capacity to conduct lawful business in the area on May 14 when the HTX subsidiary withdrew its application for a cryptocurrency trading licence from Hong Kong's Securities and Futures Commission (SFC) for the second time. The...