Publications

Hong Kong - October 2019 - We are excited to launch the updated version of Blockchain Committee’s mapping of the companies engaged in Blockchain in Hong Kong. A follow up to the first map released in February 2019, the 2.0 map was built by contribution of many of our members and led by a working group of the committee and will continue to be updated periodically.

Hong Kong has one of the most dynamic and thriving startup ecosystems in the world, at the heart of the Greater Bay Area and unrivalled as a gateway to China. However, startups often face significant challenges when opening a bank account in Hong Kong, which can be a major sticking point when launching. This is because banks are subject to rigorous anti-money laundering and counter-terrorist financing requirements that if breached, can damage their reputations. Despite this, there are steps you can take to smooth the process of opening a bank account in Hong Kong. They start with looking at the challenge from the banks’ point of view.

This document includes the valuable insights of major banks, tech companies (including start-ups) and professionals in the arena and was coordinated by our Policy & Advocacy Committee.   We look forward to continuing our work with the industry on ongoing collaborative initiatives

Hong Kong - March 29, 2019 - This week, the Hong Kong Monetary Authority (HKMA) issued the first round of virtual banking licenses to Livi VB Limited, SC Digital Solutions Limited and ZhongAn Virtual Finance Limited, a significant milestone in the evolution of Hong Kong’s FinTech ecosystem.