Hong Kong Stock Exchange Proposes Framework for Regulating Cryptocurrency

The Hong Kong Stock Exchange (HKEX) believes that legal frameworks around finance and cryptos should be the same. The world’s sixth largest stock exchange in its research paper looks at the need for regulators to keep up with the pace of financial technologies. And if they lag behind, the existing laws of finance should be The post Hong Kong Stock Exchange Proposes Framework for Regulating Cryptocurrency appeared first on CCN

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Total Ban on Crypto Exchanges Unnecessary: Hong Kong Regulator

The outgoing chairman of Hong Kong’s securities regulator has – unlike China – ruled out a total ban on domestic cryptocurrency exchanges, suggesting formal regulations instead. Hong Kong’s Securities and Futures Commission (SFC) is drawing plans in reaction to the growing appetite for cryptocurrencies like bitcoin among retail investors and traders – by regulating the The post Total Ban on Crypto Exchanges Unnecessary: Hong Kong Regulator appeared first on CCN

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Hong Kong is Greasing Immigration Doors for Blockchain Professionals

Job seekers worldwide with a flair and expertise in blockchain technology will be favored in Hong Kong, part of the country’s unique immigration policy seeking to attract talented professionals. This week, the Hong Kong government unveiled its first-ever ‘Talent List to attract quality people’ from around the world who specialize in 11 professions determined as The post Hong Kong is Greasing Immigration Doors for Blockchain Professionals appeared first on CCN

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Hong Kong Trade Finance Will Fight Fraud With a Blockchain-Based Platform

The Hong Kong Monetary Authority (HKMA) has partnered with Chinese Ping An to release a blockchain-based trade finance platform. The joint effort is expected to speed-up the process and prevent fraud. CCN first reported the Hong Kong’s de facto central bank’s initiative back on March 30. At the time, the bank unveiled a proof-of-concept (PoC) The post Hong Kong Trade Finance Will Fight Fraud With a Blockchain-Based Platform appeared first on CCN

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Jack Ma Launches Blockchain Money Remittance to Philippines, Bashes Bitcoin [Again]

Alibaba Group’s affiliate, Ant Financial Services, is on the way to cutting the cost of remitting money to close to zero using blockchain technology. This is according to the online retail giant’s co-founder, Jack Ma, who said this during the launch of a blockchain-based money transfer service between Hong Kong and the Philippines. The remittance The post Jack Ma Launches Blockchain Money Remittance to Philippines, Bashes Bitcoin [Again] appeared first on CCN

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