Hong Kong’s tech news snapshot for July 2023 captured items in spaces including the city’s moves into cryptocurrency ETFs, cross-border data transmission between Hong Kong and mainland China, the city’s courts rejecting China’s attempt to censor the ‘Glory to Hong Kong‘ protest song, and more.
Hit the headlines below to read each Hong Kong tech news article in full from July 2023.
- HSBC allows customers to buy and sell Bitcoin and Ethereum exchange-traded funds – ETFs – listed on HK Stock Exchange, via mobile app
- Hong Kong arm of McDonald’s launches McNuggets Land in the metaverse, via The Sandbox
“The Sandbox has had a number of big brands launch experiences and virtual worlds within its metaverse, including Adidas, Atari, Gucci and many others. I have personally found The Sandbox much easier to navigate and generally more fun than its rival Decentraland, which has struggled with maintaining a robust number of daily active users.”
“That said, would I visit The Sandbox if my job wasn’t to cover Web3? Probably not.”
“Cryptocurrency transactions are illegal on the mainland, where Beijing has also banned overseas exchanges…But in Hong Kong, crypto trading is legal and the city is seeking to become a digital assets trading hub.”
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