Hong Kong legalises Cryptocurrency from Jun 1



Hong Kong citizens will be allowed to buy, sell and trade crypto assets from June 1.

A-2

Hong Kong citizens will be allowed to buy, sell and trade crypto assets from June 1.

Current rules limit cryptocurrency trading to professional investors - individuals with a portfolio of at least HK$8 million (US$1.02 million).

Hong Kong legalises Cryptocurrency from Jun 1

Hong Kong Finance Minister Paul Chan said that regulation of cryptocurrencies will follow the same framework as traditional finance.

In early January 2023, Hong Kong expressed its desire to become a crypto hub by 2023 despite the crisis in 2022.

Hong Kong legalises Cryptocurrency from Jun 1

Support a'esgium by making a contribution – no matter how small.


Enter your amount
£
Enter your amount
£
Enter your amount
£

AD4


Breaking: Ten Arrested in Singapore for Multi-Billion Dollar Money Laundering Case

In a significant development, ten individuals have been arrested in Singapore for their involvement in a multi-billion dollar money laundering case. Stay updated with the latest news and investigations on this high-profile case.

In a significant development, ten individuals have been arrested in Singapore for their involvement in a multi-billion dollar money laundering case. Stay updated with the latest news and investigations on this high-profile case.

Read more

European Shares Surge as Eurozone Inflation Drops: Will ECB Halt Interest Rate Hikes?

European shares surge as eurozone inflation drops, raising hopes of ECB halting interest rate hikes. Despite a poor performance, softer inflation data leads to gains in real estate and technology shares.

European shares surge as eurozone inflation drops, raising hopes of ECB halting interest rate hikes. Despite a poor performance, softer inflation data leads to gains in real estate and technology shares.

Read more

Controlling personal finance and budgeting app

UK Regulators Shake Up Financial Sector with Stricter Diversity Standards

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK are proposing stricter diversity standards to address workplace bullying and sexual harassment in the financial sector. Learn more about the measures aimed at creating a safer and inclusive environment within organizations.

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK are proposing stricter diversity standards to address workplace bullying and sexual harassment in the financial sector. Learn more about the measures aimed at creating a safer and inclusive environment within organizations.

Read more

Sweden's Bankruptcy Rates Skyrocket by 14%, Raising Concerns for Labor Market

Concerns for the labor market in Sweden as bankruptcy rates skyrocket by 14%. Recent data from UC highlights the downturn in sectors such as construction, hospitality, and restaurants.

Concerns for the labor market in Sweden as bankruptcy rates skyrocket by 14%. Recent data from UC highlights the downturn in sectors such as construction, hospitality, and restaurants.

Read more

Buy Land & Vacant Lots on Easy Monthly Payment Plans

USD Resurgence: Dominating Global Financial Landscape

Explore the remarkable resurgence of the USD in the global financial landscape, its impact on other currencies, and implications for businesses and individuals in international trade and investment.

Explore the remarkable resurgence of the USD in the global financial landscape, its impact on other currencies, and implications for businesses and individuals in international trade and investment.

Read more

China's Economic Challenges: Preventing a Vicious Cycle with the Yuan

Explore the economic challenges faced by China, including the sacrifice of the Yuan to prevent a vicious cycle of low demand and declining output. Learn why experts believe immediate action is crucial.

Explore the economic challenges faced by China, including the sacrifice of the Yuan to prevent a vicious cycle of low demand and declining output. Learn why experts believe immediate action is crucial.

Read more

Buy Land & Vacant Lots on Easy Monthly Payment Plans

USD Near Longest Bull Streak in 9 Years as Optimistic Economic Data Supports

Discover why the USD is on the verge of its longest rising streak since 2014, driven by encouraging US economic data. Although this trend raises doubts about future interest rate hikes by the US Federal Reserve, the Yuan is facing pressures with falling values domestically and internationally due to increasing capital flow concerns and a widening bond yield gap with developed economies. Stay informed on these developments impacting global currency markets.

Discover why the USD is on the verge of its longest rising streak since 2014, driven by encouraging US economic data. Although this trend raises doubts about future interest rate hikes by the US Federal Reserve, the Yuan is facing pressures with falling values domestically and internationally due to increasing capital flow concerns and a widening bond yield gap with developed economies. Stay informed on these developments impacting global currency markets.

Read more

Weakness of Yen Reflects Interest Rate Difference, Poses Valuation Challenges

Explore the factors behind the weakness of the yen and its impact on global economies. The valuation challenges arise from the interest rate difference between Japan and other markets. Gain insights into the concerns of investors and policymakers surrounding this devaluation trend.

Explore the factors behind the weakness of the yen and its impact on global economies. The valuation challenges arise from the interest rate difference between Japan and other markets. Gain insights into the concerns of investors and policymakers surrounding this devaluation trend.

Read more

China's PBoC Takes Action as Yuan Reaches 16-Year Low

As the yuan hits its lowest level in 16 years, the People's Bank of China (PBoC) is implementing measures to counteract the ongoing decline. Explore the PBoC's efforts to address the currency's depreciation, which is comparable to levels seen during the 2007-2008 global financial crisis. Stay updated on China's attempts to stabilize its currency amidst challenging economic circumstances.

As the yuan hits its lowest level in 16 years, the People\'s Bank of China (PBoC) is implementing measures to counteract the ongoing decline. Explore the PBoC\'s efforts to address the currency\'s depreciation, which is comparable to levels seen during the 2007-2008 global financial crisis. Stay updated on China\'s attempts to stabilize its currency amidst challenging economic circumstances.

Read more

Copyright © a’esgiumAll rights reserved. The Content may not be copied, distributed,  republished, uploaded, posted or transmitted in any way without the prior written consent of  a’esgium.