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“#Hong Kong media tycoon Jimmy Lai in jail after bail revoked” Hong Kong media tycoon Jimmy Lai was ordered back into custody on Thursday after the city’s highest court revoked his bail — and the pro-democracy activist could remain behind bars until February. Lai, 73, is the most high-profile person charged under Hong Kong’s national…
“#Hong Kong street refrigerator keeps giving” HONG KONG — Most people who head to Woosung Street in Hong Kong’s old-school neighborhood of Jordan are visiting its popular restaurants serving everything from curries to seafood. Others may be headed for a lone refrigerator, painted blue, with a sign that reads: “Give what you can give, take…
“# Hong Kong crypto group warns new law will restrict people’s access to Bitcoin ” The Bitcoin Association of Hong Kong is appealing to regulators to consider the impact of incoming laws on the city’s digital innovation agenda. In November, Hong Kong’s government announced plans to ban retail cryptocurrency trading as part of a broader…
“#Ted Cruz’s lame asylum-ban logic and other commentary” Libertarian: Cruz’s Lame Asylum-Ban Logic Sen. Ted Cruz offered a “weak” rationale for his surprise move to block a bill to grant “political asylum to residents of Hong Kong fleeing China’s increasingly oppressive rule,” notes Ilya Somin at The Volokh Conspiracy: a claim that it would make…
“# Fidelity-backed crypto trading platform OSL secures license in Hong Kong ” OSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong. According to a Dec. 15 announcement, the new license allows OSL Digital Securities to operate…
“#Biden can’t ignore Hong Kong and other commentary” Foreign desk: Joe Can’t Ignore Hong Kong Team Trump was quick to speak up for the “brave freedom fighters” in Hong Kong, and as China continues to punish and arrest its dissidents, The Wall Street Journal editorial board hopes “the Biden crowd” remembers “it’s important that the…
“#Deadly foot-dragging at the FDA and other commentary” Doctor: Deadly Foot-Dragging at the FDA “FDA regulators are wasting precious time in greenlighting a COVID vaccine,” Dr. Marty Makary argues at The Dispatch, “as more than 2,000 Americans are dying each day and the pandemic continues to starve American society.” Pfizer sent in its vaccine data…
“# China’s central bank plans digital yuan pilot for payments to Hong Kong ” China’s central bank and the Hong Kong Monetary Authority, or HKMA, are in the preliminary stages of piloting the digital yuan for cross-border payments — underscoring another key development in the rollout of a central bank digital currency, or CBDC. In…
“# World’s dominant crypto futures market could face regulatory shake-up ” Proposed regulations targeting Hong Kong’s blockchain industry could have far-reaching consequences for the crypto derivatives market, according to new research from Messari.io. In a report published on Wednesday, researcher Mira Christanto said the Special Administrative Region of Hong Kong, which happens to be the…
“#Ex-Hong Kong opposition lawmakers arrested for disrupting meetings” Police arrested three former Hong Kong opposition lawmakers Wednesday for disrupting legislative meetings earlier this year, as China continues to dismantle the city’s guarantees of political autonomy. Eddie Chu, Raymond Chan and Ted Hui were each arrested by Hong Kong police on Wednesday morning for splashing pungent…