Crypto.com Among 11 Crypto Exchanges Facing Uncertainty Over Full Licenses In Hong Kong
Concerns are mounting over whether 11 crypto exchanges that initially received provisional licenses will successfully o... Read more
HKMA Stresses Accountability, Human-in-the-Loop In Generative AI Banking
The Hong Kong Monetary Authority (HKMA) has released new guidelines for authorised institutions regarding the use of ge... Read more
How Bigtech Has Shaped Chinas Fintech Scene In The Past Two Decades
Over the past two decades, large technology firms (bigtechs) have disrupted the traditional financial markets in China,... Read more
BIS Sheds Light On Hidden Dangers Of Crypto Exchange Tokens Like Binances BNB
Crypto exchange tokens have emerged as a significant innovation in the cryptocurrency sector, providing centralized cry... Read more
Andreessen Horowitz Reportedly Planning First Asian Office In Japan
Andreessen Horowitz, a venture capital firm from the U.S., is planning to establish its first Asian office in Japan, so... Read more
Near Half A Decade Later, None Of Hong Kongs Virtual Banks Have Turned A Profit
For Hong Kong’s virtual banks, profitability remains elusive as they struggle to turn a profit, with none of the city... Read more
Blockchain Payment Provider Tevau Taps Jumio For KYC, Compliance Solutions
Tevau, a blockchain payment solution provider, has formed a strategic partnership with Jumio, a company specialising in... Read more
OneDegree Supports HKMAs Generative AI Sandbox With AI Risk Solutions
Tech provider OneDegree Global has stepped up to support the Hong Kong Monetary Authority’s (HKMA) new Generative AI ... Read more
HKMA And Cyberport Launch Generative AI Sandbox For Financial Sector
The Hong Kong Monetary Authority (HKMA) and digital technology hub Cyberport have launched a new Generative Artificial ... Read more
Tencent Divests 14% Stake In British Challenger Bank Tide
Chinese tech giant Tencent has fully divested its 14% stake in British challenger bank Tide in a sale that was complete... Read more
HSBCs PayMe Launches UnionPay Virtual Card For Global Payments In Hong Kong
PayMe by HSBC has launched its first UnionPay virtual card, enabling its 3.2 million users in Hong Kong to make payment... Read more
Hong Kong Fintech Association Strengthens Ties With Shenzhen Amid GBA Expansion
Hong Kong’s fintech sector is positioning itself for substantial growth in the Greater Bay Area (GBA), capitalising o... Read more
Thredd Powers LianLian Globals Virtual Card Expansion In APAC
Thredd, a global payments processor, has successfully launched LianLian Global’s virtual card programme in the APAC m... Read more
Fusion Bank Offers Collateral-Free Loans For Hong Kong SMEs, Startups
Fusion Bank, a virtual bank backed by Chinese tech giant Tencent, has launched new business loan services aimed at supp... Read more
Mox Emerges As First Virtual Bank In Hong Kong To Offer Crypto ETFs
Mox Bank has become the first virtual bank in Hong Kong to offer cryptocurrency exchange-traded funds (ETFs) to its use... Read more