Local authorities ruled that data collection was breaking the law and demanded that the company stop collecting iris and facial images. While Worldcoin continues to grow its database, the company faces legal challenges worldwide.
The debut receieved a cool reception from traders, with a trading volume of just 12 million USD. However, there is rumblings about a future where the funds could open up to residents of mainland China.
On May 31, all unlicensed crypto exchanges had to leave the country. So far, only two local exchanges have secured licenses, and 18 more are waiting for the regulator's decision.
On May 31, all unlicensed crypto exchanges had to leave the country. So far, only two local exchanges have secured licenses, and 18 more are waiting for the regulator's decision.
Local authorities ruled that data collection was breaking the law and demanded that the company stop collecting iris and facial images. While Worldcoin continues to grow its database, the company faces legal challenges worldwide.
The debut receieved a cool reception from traders, with a trading volume of just 12 million USD. However, there is rumblings about a future where the funds could open up to residents of mainland China.
The HKMA is taking its exploration of a digital Hong Kong dollar (e-HKD) to the next level. Phase 2 of the e-HKD Pilot Programme is now open for applications, inviting businesses to propose creative ways to utilize this digital currency.
The Securities and Futures Commission added 11 products offered by the exchange to its suspicious investment products list and accused Bybit of conducting regulated activity without a license.
Hong Kong officials have announced imminent plans for new regulation on tokenized real-world assets, just as HSBC and Ant Group start testing tokenized deposits in the Hong Kong Monetary Authority sandbox.
