Hong Kong monthly tech snapshot
In May of 2024, Hong Kong’s technology news headlines covered items including, for instance: tokenized carbon credits; YouTube’s compliance with a localized takedown of ‘Glory To Hong Kong’; massive HK startup investment funds growth; cryptocurrency-focused spot ETFs in HK; and more.
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KPMG Venture Pulse Q1 2024
- Hong Kong privacy regulator finds Worldcoin, backed by OpenAI’s Altman, contravened local privacy laws, requiring Worldcoin Foundation to now cease all operations in the jurisdiction / read it here
- Hong Kong: Mastercard and Standard Chartered Bank HK completed first live test of Mastercard Multi-Token Network proof-of-concept, tokenizing sandbox-limited carbon credits / read it here
- Hong Kong: YouTube to comply with court ruling, blocking HK access to 32 video links deemed ‘prohibited content’, the Glory to Hong Kong protest song / read it here
- Hong Kong’s Brinc venture accelerator unveils 9 startups selected for Spring 2024 Web3 and Gaming accelerators, working on crypto accounting, e-commerce, NFTs and more / read it here
“China’s presence in subsea cable networks is fading rapidly. Three international cables to connect Hong Kong are due for completion in 2025, but no undersea projects are scheduled for the country thereafter.” / read it here
- Hong Kong central bank forms Project Ensemble Architecture Community from industry and regulators to set tokenization standards, including around use of wholesale CBDCs / read it here
- Hong Kong’s Brinc venture accelerator unveils 9 startups selected for Spring 2024 Web3 and Gaming accelerators, working on crypto accounting, e-commerce, NFTs and more / read it here
- Hong Kong Uni of Science & Tech launches HK$500M HKUST Redbird Innovation Fund aiming to establish multiple Venture Investment Funds to a collective value of HK$2BN / read it here
- Singapore’s MetaComp, a digital assets-focused financial tech group, partners Hong Kong’s Harvest Global Investments to offer crypto spot ETFs to Singapore’s investors / read it here
- Emerging Enterprise 2024 Awards are now open for applications, seeking early-stage businesses in Singapore, Hong Kong, Indonesia and Malaysia / read it here
Critical technologies, globally, in May 2024
Asia’s tech news: Other editions
Our other tech news editions and formats span the range from daily to quarterly, and are available on a range of platforms so as to provide readers with the widest array of reading options.
Interpol Global Financial Fraud Assessment 2024
