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First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
6.10.2022
The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore. Bitcoin trades sideways
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies
29.9.2022
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of the pilot project with the participation of...
Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar
29.9.2022
Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week, the Hong Kong Monetary Authority (HKMA) revealed it intervened in forex markets on Wednesday. Hong Kong’s central bank...
Connect With FinTech Professionals at Hong Kong FinTech Week 2022
29.9.2022
Asia’s flagship FinTech event Hong Kong FinTech Week: Pushing Boundaries, Reaping Benefits, will be held from October 31 – November 04, 2022, at the Hong Kong Convention and Exhibition Centre and Online. Thousands of FinTechs and financial professionals, investors, regulators, and tech...
BIS marks CBDC pilot as 'successful' with $22M transacted
28.9.2022
Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part
Best Universities for Blockchain 2022: Hong Kong University of Science and Technology
26.9.2022
Building a campus in the metaverse is one way our No. 38-ranked school teaches blockchain. This story is part of CoinDesk's Education Week. This story is part of CoinDesk's Education Week
Best Universities for Blockchain 2022: Chinese University of Hong Kong
26.9.2022
The No. 20-ranked school helped build a blockchain based Covid-19 digital passport. This story is part of CoinDesk's Education Week
Best Universities for Blockchain 2022: City University of Hong Kong
26.9.2022
Host of the Fintech Olympiad for four years, the No. 17-ranked university is a proponent of blockchain technology uses in the Great Bay Area. This story is part of CoinDesk's Education Week
Best Universities for Blockchain 2022: University of Hong Kong
26.9.2022
The blockchain research and courses land the city’s go-to incubator for the next generation of financial talent at spot No. 11. This story is part of CoinDesk's Education Week
Hong Kong Slips Down the Crypto Hub World Rankings - Can it Get Back to Winning Ways?
26.9.2022
With cryptocurrency investors increasingly worried about Hong Kong’s regulatory ambiguity on crypto, a number of major crypto-focused businesses and events have decided to move their activities to Singapore and other countries and territories considered as more friendly to their industry,...
Hong Kong to Start Testing Digital Currency in Coming Months
22.9.2022
China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as this year, in preparation for eventual roll-out. The territory is trying to catch up with those that are already launching central bank digital currencies, including...
Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp
21.9.2022
The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite the lack of an “imminent role” for the currency
Could Hong Kong Monetary Authority Launching CBDC Help Digital Yuan Go Global?
21.9.2022
The Hong Kong Monetary Authority (HKMA), the territory’s de facto central bank, is aiming to launch trials of the e-HKD, its central bank digital currency (CBDC), in the fourth quarter of this year. If successful, the initiative could facilitate the global rollout of the digital yuan, China’s CBDC...
Nasdaq's Crypto Move, $160M DeFi Hack, Hong Kong CBDC + More News
20.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Nasdaq's Crypto Move, $160M DeFi Hack, Hong Kong CBDC + More News
Hong Kong Monetary Authority Plans to Begin CBDC Trials in Q4: Report
20.9.2022
The Hong Kong Monetary Authority (HKMA) plans to be trialling a central bank digital currency (CBDC) in the fourth quarter of this year, the South China Morning Post (SCMP) reported Tuesday
Amazon and 4 Others to Work on Digital Euro Prototype, White House's 'Comprehensive Crypto Framework', Hong Kong's Scam Warning + More News
16.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Amazon and 4 Others to Work on Digital Euro Prototype, White House's 'Comprehensive Crypto Framework', Hong Kong's Scam...
B․Duck Enters Web3 With GigaSpace Metaverse Partnership
16.9.2022
PRESS RELEASE. B.Duck, a global character IP, is entering Web3 with its first metaverse partnership with GigaSpace, working alongside MADworld to establish a Web3 blueprint for brands and IPs in the metaverse. Created by the Hong Kong-listed company Semk Holdings International Limited (2250...
Hong Kong's HashKey Receives Approval to Manage 100% Crypto Portfolio
13.9.2022
The crypto funds can manage a portfolio of 100% virtual assets, joining the first batch of Hong Kong’s few licensed virtual asset managers
Tech giant Meitu loses over $43M of its crypto investment in bear market
1.9.2022
Meitu was one among many public companies that purchased Bitcoin to hold as a treasury reserve during the peak of the bull run last year and now joins the list of companies that have suffered heavily due to the bear market
Metaverse Startup Ready Player Me Raises $56 Million in Series B Led by Andreessen Horowitz
23.8.2022
The AI-generated avatar creation cross-platform for the metaverse, Ready Player Me, has raised $56 million in a Series B funding round led by Andreessen Horowitz (a16z). The startup’s co-founder and CEO Timmu Tõke says the funding will be used to scale the cross-platform metaverse...