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Finance Chief backs Hong Kong’s investment in Web3 digital economy


Web3 is the decentralized internet that may shortly be implemented globally. Despite the fact that the timeline is unspecified and the concept is largely speculative, several regions support it with the conviction that it will support the forthcoming infrastructure. Hong Kong is anticipated to...

Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong


One of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland....

Report: UAE Central Bank Implements Digital Currency Strategy


The central bank in the United Arab Emirates said it has started implementing its digital currency strategy with partners G42 Cloud and R3. According to the central bank, the digital currency initiative is expected to “further position and solidify the UAE as a leading global financial...

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