Hong Kong

Hong Kong, officially the Hong Kong Special Administrative Region of the People's Republic of China, is a city and special administrative region of China in the eastern Pearl River Delta by the South China Sea.

Source: en.wikipedia.org

China Pilots Connection Between Digital Yuan and Hong Kong Fast Payment System
China Pilots Connection Between Digital Yuan and Hong Kong Fast Payment System
December 09, 2021  |  CBDC

China is now working on connecting its nearly finished central bank digital currency (CBDC) to Hong Kong’s Fast Payment System. Announced by the head of...

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Hong Kong Residents Embracing Crypto Payments 
Hong Kong Residents Embracing Crypto Payments 
December 09, 2021  |  Cryptocurrency

Almost one in five (18%) of people in Hong Kong who responded to a recent Visa survey say they have used cryptocurrency to send money,...

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Hong Kong FPS Averages $667.9M in Daily Transaction Volume  
Hong Kong FPS Averages $667.9M in Daily Transaction Volume  
November 03, 2021  |  Faster Payments

Three years after its launch, Hong Kong’s Faster Payment System (FPS) has reached nearly 750,000 daily transactions with a total volume of 5.2 billion Hong...

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With Tourism Cut Off, Hong Kong Retailers Suffer
With Tourism Cut Off, Hong Kong Retailers Suffer
August 02, 2021  |  International

With Hong Kong remaining cut off from tourism, retail sales growth has missed expectations, Bloomberg News reported on Monday (August 2). Business owners in the...

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Hong Kong To Meet With Big Tech On Data Law
Hong Kong To Meet With Big Tech On Data Law
July 06, 2021  |  International

Proposed changes to data protection laws shouldn’t concern U.S. data titans, according to Hong Kong’s chief executive, The Wall Street Journal (WSJ) reported. They’re needed...

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Global Retailers Watch Chinese Tech Crackdown In Lucrative But Challenging Asian Market
Global Retailers Watch Chinese Tech Crackdown In Lucrative But Challenging Asian Market
July 06, 2021  |  Retail

Warnings to Hong Kong from Amazon, Facebook and Google about the Chinese region’s proposed data-protection laws are a sign that even the biggest eCommerce companies...

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Hong Kong To Explore CBDCs In ‘FinTech 2025’ Strategy
Hong Kong To Explore CBDCs In ‘FinTech 2025’ Strategy
June 08, 2021  |  International

The Hong Kong Monetary Authority (HKMA) said in a press release Tuesday (June 8) it wants to make sure Hong Kong is ready to issue...

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Bitcoin Daily: Hong Kong Wants To License Crypto Exchanges, Limit Use To Pros; Crypto Finance Firm Uphold Fires Exec Amid Fraud Accusations
Bitcoin Daily: Hong Kong Wants To License Crypto Exchanges, Limit Use To Pros; Crypto Finance...
May 23, 2021  |  Bitcoin

In Hong Kong, cryptocurrency exchanges will likely soon be required to be licensed by the city’s markets regulator, U.S. News reported. They’ll also only be...

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Today In Payments Around The World: Glovo Lands $530 Million; Treasury Helps IMF With $650 Million In Currency Aid
Today In Payments Around The World: Glovo Lands $530 Million; Treasury Helps IMF With $650...
April 01, 2021  |  International

In today’s top payments news around the world, Glovo raised $530 million in a funding round, while the Department of the Treasury is working with...

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