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)

CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
May 29, 2024  |  CBDC

The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it...

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Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
May 22, 2024  |  Biometrics

Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Hong Kong’s Office of the Privacy Commissioner for...

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Digital Wallets Provide Local Touch to Connected Travel Experiences
Digital Wallets Provide Local Touch to Connected Travel Experiences
April 29, 2024  |  Mobile Wallets

Alipay+ unveiled a cross-border payments initiative in a move to boost Hong Kong’s tourism and commerce sector. The platform facilitates transactions for users of 14 overseas mobile wallets and bank apps from...

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Bakkt Expands Crypto Trading Capabilities to 5 More Countries
Bakkt Expands Crypto Trading Capabilities to 5 More Countries
January 24, 2024  |  Cryptocurrency

Bakkt has expanded its crypto trading capabilities to Brazil, Guatemala, Spain, Hong Kong and Singapore. This expansion broadens Bakkt’s footprint in Latin America and marks its...

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ipaymy Launches Automated Invoicing Platform for SMBs
ipaymy Launches Automated Invoicing Platform for SMBs
January 15, 2024  |  B2B Payments

Singapore-based FinTech ipaymy has launched an automated invoicing platform for small- to medium-sized businesses (SMBs) in Singapore, Hong Kong SAR, Malaysia and Australia.  The new Fetch platform is...

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Hong Kong and Thailand Unveil Cross-Border QR Code Payment System
Hong Kong and Thailand Unveil Cross-Border QR Code Payment System
December 04, 2023  |  Cross Border Commerce

Hong Kong and Thailand are bridging the gap between their economies. The two countries launched a new cross-border QR code payment system, known as the...

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Mastercard Says Robust Payment Networks Prevent Need for Retail CBDC
Mastercard Says Robust Payment Networks Prevent Need for Retail CBDC
November 17, 2023  |  CBDC

Mastercard said the widespread adoption of central bank digital currencies (CBDCs) faces challenges due to consumer comfort with traditional forms of money. CBDCs would have...

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Yedpay and Mastercard Introduce ‘One Touch’ Payment Solution
Yedpay and Mastercard Introduce ‘One Touch’ Payment Solution
November 10, 2023  |  Real-Time Payments

Yedpay, a Hong Kong-based payment technology company, has partnered with Mastercard to provide a new payment tool for real-time cash flow.  Through their collaboration, they aim...

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Visa Completes Pilot Test of CBDC in Hong Kong
Visa Completes Pilot Test of CBDC in Hong Kong
November 02, 2023  |  CBDC

Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs)....

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