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

Published 04/27/2023, 06:38 PM
Updated 04/27/2023, 07:00 PM
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express

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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