Tagged: hong kong monetary authory

Monetary Authority of Singapore Requests Residents to use E-Hongbao, a Virtual Red Packet for Gifting During Lunar New Year

The 2021 Lunar New Year is approaching and authorities in Southeast Asia are now encouraging locals to turn to virtual red packets and online transactions, instead of using paper currency notes (in order to prevent the further spread of COVID-19). Asian residents are also being… Read More

Hong Kong Monetary Authority Announces Fintech Innovation Hub & Supervisory Sandbox

Earlier this week, chief executive of the Hong Kong Monetary Authority, Norman T.L. Chan, announced the organization is set to collaborate with the Applied Science and Technology Research Institute (ASTRI) to set up its own Fintech Innovative Hub. Chan revealed that the Fintech Innovation Hub… Read More