Hong Kong and Singapore sign fintech deal, agree to work together on blockchain

Two Asian powerhouses sign fintech deal, agree to collaborate on blockchain

  • Hong Kong and Singapore have agreed to cooperate on a cross-border trade project based on blockchain technology as part of a broader joint strategy on financial technology.
  • The two Asian powerhouses’ central banks signed a fintech deal Wednesday to collaborate on a number of projects including business innovation, data sharing and exchange of expertise.
  • “Hong Kong and Singapore are the two leading international financial centers in the region and are actively deploying fintech,” Norman Chan, chief executive of the Hong Kong Monetary Authority (HKMA), said in an announcement Wednesday.
  • “Collaboration between the HKMA and MAS (Monetary Authority of Singapore) will create significant synergy for the development of fintech and more efficient fund flows between the two markets.”
  • The announcement was made at a fintech conference in Hong Kong.

Hong Kong and Singapore’s central banks signed a fintech deal Wednesday to collaborate on a number of projects.
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WhatsApp data sharing with Facebook: Opting out of new terms doesn’t actually stop Facebook taking information

  • Some key information will still be sent to Facebook, and there is nothing users can do to stop it.
  • Then click the big power button to whitelist the current web site, and its state will be remembered next time you visit the web site.
  • Some key information may still be sent to Facebook from WhatsApp Justin Sullivan/Getty Images
  • On Adblock Plus click “Enabled on this site” to disable ad blocking for the current website you are on.
  • Opting out of WhatsApp ‘s controversial new terms doesn’t actually stop it sharing information with Facebook.

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@dcuthbert: “Inevitable: so long whatsapp, you were cool and innovative.”


Opting out of WhatsApp’s controversial new terms doesn’t actually stop it sharing information with Facebook. The company provoked outrage this week when it announced that it was changing its terms to allow it to share user data with parent company Facebook. The announcement was doubly controversial since both WhatsApp and Facebook committed to keeping user information separate when the messaging app was bought.


WhatsApp data sharing with Facebook: Opting out of new terms doesn’t actually stop Facebook taking information