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Hong Kong's SFC

Hong Kong’s SFC Unveils New Roadmap to Strengthen Virtual Asset Market

The Securities and Futures Commission (SFC) has announced a new regulatory roadmap, ASPIRe, outlining 12 key measures to bolster Hong Kong’s position as a global virtual asset hub. Notably, the initiative focuses on enhancing security, fostering innovation, and expanding market growth. Key Pillars of  the SFC’s ASPIRe The ASPIRe roadmap consists of five pillars: Access,…

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Hong Kong

Hong Kong Executes First Tokenized Court Order, Freezing $2.66M in Stablecoins

Hong Kong sets a legal precedent by executing a tokenized court order, freezing $2.66M in tether stablecoins and enhancing its reputation as a tech hub. Precedent-Setting Move Enhances Hong Kong’s Reputation as a Technology Hub A Hong Kong court successfully executed a groundbreaking injunction against two cryptocurrency wallets, utilizing tokenized legal notices to freeze $2.66…

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hong kong and germany national bitcoin reserve

Hong Kong and Germany Push Bitcoin for National Reserves in Bold Policy Shift

Key Takeaways Hong Kong and Germany plan to add bitcoin to reserves to diversify assets and hedge inflation. Lawmakers Johnny Ng and Christian Lindner support bitcoin to modernize policies and boost competitiveness. Analysts see this shift as recognizing bitcoin’s role in stability amid inflation and volatility. Hong Kong and Germany are exploring proposals to include…

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Hong Kong Protests Are Now Deeply Connected To Crypto Adoption And Use

The protests in Hong Kong, which have been taking place since late March, now represent the most significant domestic disturbance in China in thirty years. Fearing government reprisals, protesters are employing a wide variety of methods to evade the sophisticated surveillance techniques the authorities are believed to be using. These include wearing masks to block…

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Hong Kong Central Bank: The Great Potentials of Blockchain Technology

Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA) published a white paper or information document on the concept of Distributed Ledger Technology (DLT). This is a reliable guide or report informing the public regarding complex concerns about the subject. It also presents the institution’s viewpoint on the topic. HKMA produced the treatise in collaboration…

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