Hong Kong ► - Page 3

Horizon Robotics, a prominent designer of automotive chips, formalized its commitment to invest HK$3 billion (US$383 million) in the next five years through a memorandum of understanding signed with the Hong Kong Science and Technology Parks. (Photo: Horizon Robotics)

3 min read

Hong Kong’s rise as an advanced manufacturing hub to semiconductors, innovation, and economic diversification

Post Date 12/05/2023

In a bold move to reshape its economic landscape, Hong Kong is making significant strides in attracting major investments in advanced manufacturing, particularly in the [more…]

BitgetX, the cryptocurrency trading platform, has abandoned its pursuit of a Virtual Asset Trading Platform (VATP) license in Hong Kong, citing business and market-related factors. (Photo: BitgetX | X)

3 min read

Hong Kong Technology

A ripple effect in Hong Kong’s crypto market as BitgetX abandon its license plan

Post Date 11/14/2023

In a surprising turn of events, cryptocurrency trading platform BitgetX has decided to abandon its plans to secure a Virtual Asset Trading Platform (VATP) license [more…]

SEBA Hong Kong secures SFC license for regulated operations in both conventional securities and cryptocurrency-related offerings (Photo: SEBA | Coincu)

3 min read

Hong Kong Switzerland Technology

Hong Kong grants Swiss SEBA Bank license to provide crypto-related services

Post Date 11/09/2023

In a significant development for the cryptocurrency and blockchain sector, the Hong Kong arm of SEBA Bank, a Swiss-based institution focusing on digital assets, has [more…]

Hong Kong's authorities came together to emphasize the city's dedication to advancing Web3 technology during this year's FinTech Week. (Photo: Handout)

3 min read

Hong Kong Technology

Hong Kong commits to Web3 development amid regulatory reforms

Post Date 11/02/2023

Hong Kong’s commitment to Web3 development took center stage at this year’s FinTech Week, signaling a determination to embrace blockchain, tokenization, and central bank digital [more…]

Mixin, the digital asset transaction network, has suspended both withdrawals and deposits in the aftermath of a $200 million cyberattack. (Photo: PYMNTS)

2 min read

Hong Kong Technology

Mixen Network suffers an approximate $200 Million loss due to a cyberattack

Post Date 09/25/2023

On Sunday, Mixin Network, a cryptocurrency company headquartered in Hong Kong, disclosed a security breach in which hackers made off with approximately $200 million. Mixin [more…]

The implosion of JPEX is likely to make the public more cautious about investing in cryptocurrencies. (Photo: Block Tempo)

4 min read

Hong Kong Technology

JPEX controversy undermines confidence in cryptocurrencies and hinders Hong Kong’s aspirations to become a virtual asset hub

Post Date 09/24/2023

Experts suggest that the downfall of JPEX is poised to instill greater caution among the public when it comes to cryptocurrency investments. However, over the [more…]