Tag: hong kong

Hong Kong's Crypto Crackdown: A Necessary Evil for Global Stability?

Hong Kong's Crypto Crackdown: A Necessary Evil for Global Stability?

Is sacrificing some freedom really worth security? Hong Kong's recent move to develop a crypto tracking tool, in partnership with the University of Hong Kong, forces us to confront this uncomfortable question. Assistant Commissioner Mario Wong Ho-yin is right: collaboration is key. But is this unprecedented collaboration really just a...

Hong Kong Customs to Develop Crypto Tracking Tool Amid Rising Money Laundering Cases

Hong Kong Customs to Develop Crypto Tracking Tool Amid Rising Money Laundering Cases

Hong Kong Customs has plans to work with the University of Hong Kong to develop its own cryptocurrency transaction tracer. This three-pillar initiative reflects the need to address the growing use of digital assets in money laundering operations. The move follows a string of other high-profile cases involving cryptocurrency. Thailand...

Hong Kong's Crypto Crackdown: Tracking Tools & Money Laundering

Hong Kong's Crypto Crackdown: Tracking Tools & Money Laundering

As your trusted source of crypto intelligence, BlockTraderHub.com brings you the latest news on Markets, Bitcoin, DeFi, NFTs and Regulation. Join us to continue leading the way in the blockchain universe. Today, we’re looking at Hong Kong’s recent efforts to establish stricter regulations in the cryptocurrency world. We’ll dial in...

Hong Kong's Crypto Tool: Innovation Killer or Necessary Evil?

Hong Kong's Crypto Tool: Innovation Killer or Necessary Evil?

Is Hong Kong really on the verge of choking the goose that might lay golden eggs to restore its economic vitality? And yet, that’s the question echoing in my head after learning that this was their approach with their new crypto tracking tool. While the Customs and Excise Department paints...