Hong Kong news and trends

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

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 entry into Asia, the provider of custody, trading and onramp capabilities for the crypto economy said in a Wednesday (Jan....

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

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 designed to help SMBs get paid faster at a time when 50% of the invoices issued by SMBs across Asia...

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

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 FPS x PromptPay Link, according to a Monday (Dec. 4) press release. The collaboration between the Hong Kong Monetary Authority...

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

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 to be as widely accepted as cash to ensure user convenience, Ashok Venkateswaran, Mastercard’s blockchain and digital assets lead for...

Interviews & Exclusives
An American Revolution — How US Crypto Policy Diverges From Rest of World

July 04, 2023
There will be no fireworks for the digital asset sector this July Fourth.  It’s looking like the course du jour being cooked on the grill this Independence Day could be the cryptocurrency industry itself, with the Securities and Exchange Commission (SEC) being sure to turn the heat up as high as possible.  That’s because the Gary […]

Real-Time Payments in India, Indonesia Expected to See Largest Growth

April 04, 2023
  Real-time payment systems have transformed how individuals and businesses transact and manage their money around the globe by allowing users to transfer funds instantly without needing physical cash or...

Is Hong Kong Ready To Be A Startup Powerhouse?

July 15, 2016
Hong Kong has a lot going for it — economic strength, stable currency, prime location and a top financial industry. However, the territory has yet to rise through the global...

Quick Reads
Bakkt Expands Crypto Trading Capabilities to 5 More Countries

January 24, 2024
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 entry into Asia, the provider of custody, trading and onramp capabilities for the crypto economy said in a Wednesday (Jan. 24) press release. In Brazil, Guatemala and Spain, Bakkt is working […]

ipaymy Launches Automated Invoicing Platform for SMBs

January 15, 2024
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 designed to help SMBs get...

Hong Kong and Thailand Unveil Cross-Border QR Code Payment System

December 04, 2023
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 FPS x PromptPay Link, according...

Mastercard Says Robust Payment Networks Prevent Need for Retail CBDC

November 17, 2023
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 to be as widely accepted...