Your Daily Digest of Global Stories
The law will enter into force this year, along with public consultations at the local level. According to a legislator, this approval is only the first step of a broader plan. The Hong Kong Legislative Council today approved a bill that requires Stablecoins issuers to have a license from the local monetary authority (HKMA). This…
Taipei, Taiwan – Hong Kong’s largest and oldest opposition party, the Democratic Party, has announced that it will begin the process of disintegration, a step that analysts say that the city’s supporters would mark the “end of an era” for democracy forces. During a press conference last Thursday, Democratic Party President Lo Qin-Hei told reporters…
Bangkok- In an uneven year for democracy and rights globally, the Asia-Pacific region saw some encouraging signs, Human Rights Watch said in its letter. world report 2025Released today. The organization has also reported on civil action by Indian voters against Prime Minister Narendra Modi, student protests to topple Bangladeshi Prime Minister Sheikh Hasina, and people’s…
Hong Kong – Hong Kong on Tuesday stepped up security in the financial hub, imposing rewards of HK$1 million or $128,728 on six more pro-democracy campaigners accused of violating national security laws and revoking the passports of seven others. Hong Kong Security Secretary Chris Tang said six people based overseas, including Britain and the United…
The Hong Kong Stock Exchange (HKEX) announced the launch of a pair of indices that will offer a “reliable reference point” for the prices of bitcoin (BTC) and ether (ETH), a cryptocurrency on the Ethereum network. The index series will begin operating on November 15. According to HKEX, these indices “provide investors with transparent and…
Key facts: Hong Kong accounts for East Asia’s largest year-over-year growth in cryptocurrency usage. Chinese people are using cryptocurrencies to preserve their wealth, the company says. Hong Kong has emerged as an epicenter of bitcoin (BTC) and cryptocurrency adoption in the Greater China region, according to a recent report from blockchain analytics firm Chainalysis. In…
