Hong Kong debuts retail crypto trading with HashKey exchange
HashKey becomes one of the first licensed exchanges to offer cryptocurrency trading for non-professional investors in Hong Kong.
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HashKey becomes one of the first licensed exchanges to offer cryptocurrency trading for non-professional investors in Hong Kong.
The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app.
With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for CBDC research.
The IMF mission spent three months studying conditions in the country, which is preparing to produce a feasibility report.
The cryptocurrency exchange recently cut 20% of its staff, but now it will increase personnel in Hong Kong from 50 to 200.
Grocery retailer Pick n Pay is expanding its Bitcoin coverage to all stores in the country following a three-month pilot testing phase.
Binance stressed that credit and debit card payments will continue to be accepted and that non-USD bank transfers would still be processed through the SWIFT payment system.
Blockchain technology may be a solution when it comes to anti-theft measures for retailers.
The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval.
The bankrupt lender is set to hold auctions for its assets in January, while it's been given the green light to return some customer funds.