Web3

New Business

‘Extreme fear’: bitcoin plunge hammers Hong Kong-listed firms tied to digital assets

Bitcoin continues to plunge as a cryptocurrency sell-off deepens, shaving off gains in share prices that some Hong Kong-listed firms…

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New Business

Hong Kong pulls ahead of Singapore in race to attract crypto-treasuries: blockchain expert

Hong Kong has pulled ahead of Singapore in attracting technology-driven companies that use cryptocurrency for treasury management and other applications,…

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New Business

Jack Ma-backed Yunfeng names ex-Ant Group executive as top Web3 architect

Geoff Jiang Guofei – former president at Ant Digital Technology Business Group, responsible for leading the fintech giant’s blockchain project…

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New Business

Yunfeng Financial invests US$44 million in ether amid Hong Kong’s virtual asset push

Yunfeng Financial Group, backed by Alibaba Group Holding founder Jack Ma, said it was investing in the cryptocurrency ether as…

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New Business

Singapore’s crypto crackdown on unlicensed exchanges could drive liquidity to Hong Kong

Hong Kong could benefit from Singapore’s recent move to oust unlicensed cryptocurrency companies, according to analysts, potentially leading to a…

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New Business

Ant Group’s tech unit picks Hong Kong for global headquarters amid AI, Web3 push

Ant Digital Technologies, the technology arm of Ant Group, has chosen Hong Kong for its international headquarters in a show…

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New Business

Hong Kong lawmaker calls for support of city’s Web3 sector after Tron founder flags fraud

A Hong Kong lawmaker urged global investors to maintain confidence in the city’s Web3 industry after cryptocurrency mogul Justin Sun…

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New Business

Tokenisation a ‘defining trend’ for Web3 in Hong Kong as city hosts major Consensus event

Hong Kong is intensifying its focus on tokenisation and stablecoins to bolster its Web3 industry, the financial services secretary said…

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New Business

As stablecoin bill advances in Hong Kong legislature, advocates trumpet its many uses

Hongkongers are getting closer to experiencing the many applications of stablecoins, from domestic payments and cross-border trade settlements, as a…

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Tech

BEA unit to hold fintech day in October to promote innovation in Hong Kong

Beast, the fintech collaboration platform of Bank of East Asia (BEA), will organise its first fintech day in October, as…

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