Hong Kong’s tech news snapshot for October 2024 covered items including: Hong Kong’s challenges between crypto scams and support for the city’s burgeoning crypto ambitions; a messaging apps and cloud storage ban for Hong Kong’s civil servants; and more, each linked below.
Hong Kong market reference:
- Hong Kong population (2023): 7.5 million
- Hong Kong online population: 6.9M / 93.0%
- Hong Kong’s median age: 47.2 years
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Galaxy: The Digital Asset Investable Universe
- Hong Kong Exchanges & Clearing launches HKEX Virtual Asset Index Series, providing pricing benchmarks for Bitcoin and Ether / full item
- HSBC Hong Kong unit has joined China’s worldwide interbank renminbi payment system, CIPS, as a direct offshore participant, with Beijing pushing to internationalise the yuan / full item
- Hong Kong: Civil service is now banned from using messaging and cloud services including WhatsApp, WeChat and Google Drive on work computers due to ‘severe internet safety risks’ / full item
“Hong Kong’s Cyberport is undeniably the epicenter of the city’s tech innovation. As of this year, roughly 2,000 companies and startups call Cyberport home…” / full item
- Hong Kong Science & Tech Parks Corporation unveils 12 new partner organisations, working in international data, health tech, artificial intelligence and more / full item
- Hong Kong: 27 arrested in $46.35M crypto investment scam raid, with scam and fraud cases accounting for 43.9% of all crime reported in the city in H1 2024 / full item
- Hong Kong FinTech Week 2024 took place October 28th to November 1st, featuring 8 key forums looking at blockchain, payments, insurance-tech and more / full item
Enterprise Singapore: Singapore Venture Funding Landscape 2024
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- October 9th newsletter on LinkedIn / on Substack
- October 2nd newsletter on LinkedIn / on Substack
