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Nalezeno "Hong Kong": 1338

Singapore to License Digital Payment Providers, Approves Crypto Exchange


The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto...

Binance Halts Derivatives Offerings To Users In Hong Kong Also


Crypto exchange giant Binance has is imposing restrictions on openings of new derivatives products accounts in Hong Kong, and providing users from the Chinese special administrative region with a grace period of 90 days to close their open positions. “We will be restricting Hong Kong users...

Crypto Crime Falls in China, Surges in Hong Kong, Reports Reveal


China’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests. At the same time, its special administrative region of Hong Kong is seeing a spike in crypto-related crime this year, with authorities...

Digital Yuan to Promote International Use of Chinese Currency, Experts Say


The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People’s Bank of China is planning to conduct...

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