Hong Kong ATMs get robbed for HK$230,000 due to ATM loopholes

Hong Kong Police have arrested 3 men believed to have orchestrated a robbery of 6 Bitcoin ATMs in Hong Kong. It is believed that a nearly HK$230,000 has been stolen by this group. This comes 2 days after reports were filed by 2 cryptocurrency exchanges in Hong Kong. The exchanges suspected that the culprits took […]

China National Digital Currency DCEP/CBDC Guide

China's Digital Currency DCEP

China’s much anticipated digital currency electronic payment (DCEP) has just entered a primary testing phase with the deployment of various retail apps and partnerships. This launch has prompted much speculation and commentary, especially with China’s ambitions to challenge US Dollar Hegemony. The token, which is also referred to as a central bank digital currency (CBDC) […]

ZA bank Launches Hong Kong’s first virtual Bank

ZA International group just launched Hong Kong’s first virtual banking service offering 5-6% P.A. on initial deposits. This service is the first virtual bank to be licensed by the Hong Kong Monetary Authority (HKMA). This coveted license to the group over 2 years to obtain, with initial announcement dating back to 2019. High Interest Rates […]