Labour Group Cuts Ties With Protest Organiser
"); jQuery("#212 h3").html("

"); });
2021-03-06 HKT 21:26
A pro-democracy labour group on Saturday said it was cutting ties with the Civil Human Rights Front, after a media report said the government might outlaw the protest organiser on national security grounds.
In a brief statement, the Neighbourhood and Worker's Service Centre said it would now focus on matters that affect people on low incomes.
There have been claims that the front – which is best known for organising the annual July 1 rally and other protests – had received funding from the US National Endowment for Democracy to organise anti-extradition demonstrations, which began in June 2019.
A report by Singaporean newspaper Lianhe Zaobao quoted sources as saying that the Hong Kong government could ban the group if the allegations of foreign funding were proven to be true.
The front's convenor, Figo Chan, has said its funding came solely from public donations during marches and assemblies.
He said the group had never received funding from foreign governments or organisations, including the National Endowment for Democracy.
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
