China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express

Cointelegraph

Published Apr 27, 2023 06:38PM ET

Updated Apr 27, 2023 07:00PM ET

Our weekly roundup of news from East Asia curates the industrys most important developments.

A few months after prominent industry players lamented the lack of registration pathways for cryptocurrency exchanges in Hong Kong, some respite may finally be on the horizon. On Apr. 27, Julia Leung, chief executive officer of the Securities and Futures Commission (SFC) of Hong Kong, revealed that regulation of virtual asset trading platforms (VATP) remains one of the commission’s key priorities, stating:

Yan Ying speaking at AntGroup’s annual Web 3 conference. (AntGroup)
Customer using e-CNY to pay at a restaurant (Shenzhen People’s Government)
A WeChat digital yuan payments page. (WeChat)

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