In a landmark development for digital finance, El Salvador and Argentina have agreed to collaborate on digital asset regulation and knowledge sharing. This agreement marks a significant step for both nations as they navigate the complexities of cryptocurrencies and blockchain technology. Context of the Agreement El Salvador has received global attention since it became the […]
SFC Outlines New Plans for Virtual Asset Regulation in Hong Kong
In a significant development for the financial technology landscape, the Securities and Futures Commission (SFC) of Hong Kong recently unveiled ambitious plans aimed at regulating virtual assets. This announcement, made during Fintech Week 2024 by Dr. Eric Yip, sets the stage for a more structured approach to the burgeoning world of digital currencies and trading […]
Hong Kong Limits Messaging App Use Among Civil Servants to Enhance Cybersecurity
In a significant move aimed at strengthening data security, the Hong Kong government has decided to restrict civil servants from using popular messaging platforms such as WhatsApp and WeChat on work computers. This new directive is part of an updated IT security guideline enacted by the Digital Policy Office, a measure designed to mitigate rising […]
Hong Kong's Financial Regulator to Expand Crypto Exchange Licenses by Year-End
Hong Kong continues to position itself as a leading hub for digital finance and cryptocurrency trading, with plans to grant additional licenses to crypto exchanges and digital asset firms by the end of this calendar year. The city’s Securities Futures Commission (SFC) recently announced a strategic move to enhance the regulatory framework surrounding virtual asset […]