Regulatory

After their panel on how blockchain technology is changing the world of finance and enterprise at Hong Kong FinTech Week 2019, Digital Asset cofounder and CEO Yuval Rooz and R3 CEO David Rutter answered follow-up questions.

Although Switzerland's Crypto Valley may seek to become a global blockchain hub, its government is too slow to adopt the technology even as Facebook's Libra incorporates in the country, according to Trust Square cofounder Daniel Gasteiger.

Identification on a protocol level could help blockchain become mainstream for blue-chip companies like MasterCard, Volvo and Geely if international regulations are met. Anonymity is "exactly what is hindering wider use of blockchain," said Concordium CEO Lone Fonss Schroder.

And that’s a good thing for legitimizing blockchain and paving the way to tokenize real assets across industries, the enterprise blockchain creator said at Hong Kong FinTech Week 2019.

Despite prolonged social and political turmoil a slowing economy and record cash outflows, Hong Kong continues to serve as an important technology and financial hub, says Hong Kong Stock Exchange CEO Charles Li.

Public support in India is strong for cryptocurrency ownership. But regulators' blanket ban may lead to a gray market, increasing the chances of fraud.

Traders use commodity trading adviser funds to reduce risk of custody or money laundering, says Jan Brzezek, founder of Crypto Finance AG.

"We want to keep at the forefront of the regulatory framework to make sure that what we’ve got is fit for purpose and works well for our stakeholders."

Speaking from the main stage of Hong Kong FinTech Week, Securities Futures Commission (“SFC”) CEO Ashley Alder said the SFC will publish...

Hong Kong's Securities and Futures Commission has announced that they will issue licensed for digital trading platforms in the city, a move...