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Hong Kong Economic Journal Business Edition

Hong Kong Economic Journal Business Edition

Hong Kong Economic Journal Business Edition

http://startupbeat.hkej.com

The entrepreneurial edition of Hong Kong Economic Journal.
Hong Kong Economic Journal Business Edition

The entrepreneurial edition of Hong Kong Economic Journal, the location information is supplemented.

Bank of Israel is testing feasibility of retail CBDC with Hong Kong Monetary Authority and BIS , to test the feasibility of central bank digital currency (CBDC) for retail use. The Sela project, led by the Hong Kong Center of the BIS Innovation Hub, is scheduled to start in the third quarter of this year, and the research results will be announced by the end of this year.

The Bank of Israel said the test would be conducted under the umbrella of cybersecurity, and that in the proposed model, intermediaries would not be exposed to financial risk from customers holding or transferring CBDC, reducing risks and costs.

It is reported that the Bank of Israel first considered issuing a CBDC at the end of 2017. This follows news in May that the bank said that while it has received public support, it has not yet made a final decision on issuing digital shekels. (Reuters) [2022/6/17 4:33:50]

Apifiny Research Institute: The Hong Kong blockchain market is very sensitive to regulatory winds: Apifiny Research Institute has conducted detailed research on Hong Kong's blockchain policy, current economy, market, institutions, projects, and population. The study found that the current blockchain has formed a preliminary regulatory framework in China. Although Hong Kong is different from mainland China in the regulation of digital currency due to its special economic and political status, due to geographical relations, Hong Kong is not only China's external An important portal is also an important part of promoting the development of blockchain in Asia, and its supervision of blockchain will also attract global attention, so Hong Kong is very sensitive to the regulatory winds of the blockchain market. [2020/3/18]

Canaan plans to conduct an IPO in Hong Kong: The South China Morning Post quoted people familiar with the matter as saying that China's second largest mining company, Canaan, plans to conduct an IPO in Hong Kong (rather than the United States) and plans to raise US$1 billion. If successfully listed, it will become the first company in the blockchain field to be listed on the Hong Kong Stock Exchange. [2018/5/9]

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Hong Kong Economic Journal Business Edition
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