Maria Tam Named New Basic Law Committee Vice-chair
"); jQuery("#212 h3").html("

"); });
2018-06-22 HKT 17:15
Beijing loyalist Maria Tam has replaced Elsie Leung as a vice-chairwoman of the Basic Law Committee, the body which advises the central government on the Hong Kong's mini-constitution.
The 72-year-old's promotion comes as part of a reshuffle of the 12-member panel, which comes under the National People’s Congress Standing Committee (NPCSC).
Pro-establishment lawmaker Priscilla Leung has also been made a member of the Basic Law Committee.
Another deputy head of the body, Zhang Rongshun is being replaced by Zhang Yong, a member of the NPCSC’s Legislative Affairs Commission.
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