Citizen News To Close On Tuesday

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2022-01-02 HKT 22:17

Share this story

facebook

  • Citizen News has thanked its readers for their support. Image: Citizen News

    Citizen News has thanked its readers for their support. Image: Citizen News

Online news outlet Citizen News on Sunday said it will cease operations starting from Tuesday.

The announcement comes four days after Stand News announced that it was ceasing all operations on Wednesday, following a police raid on its office which saw seven people linked to the media outlet arrested.

In a Facebook post, the online media founded in 2017 said "drastic changes" in society and a "worsening media environment" in the past years have made it unable to achieve its mission without worries and concerns.

Describing itself as a small boat in a storm, Citizen News said it must ensure the safety of everyone on the boat.

It says its website will stop updating from Tuesday and will close down some time later. The news outlet also thanked its readers for their support.

RECENT NEWS

SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion

SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more

4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA

The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more

Ripple Launches RLUSD Stablecoin In Japan Through SBI Group

Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more

SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan

SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more

Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences

Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more

European And South Korean Banks Form Project Pangea For FX Settlement

Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more