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Hong Kong Regulator Reminds Investors of Risks Associated With NFTs
9.6.2022
Hong Kong’s securities regulator has warned investors to be wary of risks that are associated with non-fungible tokens (NFTs). The regulator also advised investors to consider investing in NFTs only if they fully understand the risks. NFTs ‘Straddle the Line Between Collectibles...
Binance Pay, Alchemy Pay, ePayments, and QponBay Support Offline Crypto Payments for NFTs at ‘Artaverse’
9.6.2022
PRESS RELEASE. Binance Pay, Alchemy Pay, ePayments, and QponBay are collaborating to facilitate offline crypto payment methods at ‘Artaverse’, an NFT and metaverse event to be held in Hong Kong from June 3rd to 12th. Participants of Artaverse will be able to use cryptocurrencies...
USD 100M Cronos Accelerator, Citadel Mulls Crypto ETFs, USD 6M Bug Bounty + More News
7.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: USD 100M Cronos Accelerator, Citadel Mulls Crypto ETFs, USD 6M Bug Bounty + More News
First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall
7.6.2022
A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs
Hong Kong's Securities and Futures Commission warn of nonfungible token risks
6.6.2022
The regulatory agency's main concern was the rise of unregulated collective investment schemes in NFTs
NFT Play-to-Earn Gaming Most Popular in India, Hong Kong, and UAE, Survey Finds
30.5.2022
Play-to-earn (P2E) games based on non-fungible tokens (NFTs) are most popular in India, where a whopping 34% of internet users who participated in a survey said that they had played such a game.
Following India was Hong Kong, where 29% said they had played a play-to-earn game, and the United...
Hong Kong CMT Companies, PCCW & HKT, Partner With Sandbox
26.5.2022
Virtual lands have been bought by the two CMT companies, PCCW and HKT, in the neighborhood of Mega City, a cultural hub in Hong Kong theme that has recently introduced its second stage. As a part of their mission to enter the Metaverse, the companies are now set to bring forward the first-ever...
G7 to Discuss Crypto, Aave's Lens Protocol Goes Live, Terra's Team Shrinks + More News
18.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: G7 to Discuss Crypto, Aave's Lens Protocol Goes Live, Terra's Team Shrinks + More News
Hong Kong Police Arrest Conman After He Vanished With Over $191K Belonging to a Crypto Trader
13.5.2022
Hong Kong police have arrested a man accused of stealing $191,085 from a cryptocurrency trader in what turned out to be a bogus transaction. No funds were recovered at the time of the suspect’s arrest and investigations are ongoing to determine if the man had accomplices. No Funds Recovered...
Samsung Group Investment Arm to List Blockchain ETF on Hong Kong Exchange
2.5.2022
Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during the first half of this year. The ETF will have a structure which is similar to that of BLOK, one of Amplify Holdings’s ETF products. Samsung Asset...
First Mover Asia: Hong Kong Isn’t Sure if It Needs a CBDC
29.4.2022
The issues that have prompted other countries to explore a central bank digital currency don’t exist to the same extent in Hong Kong
Hong Kong watchdog warns stablecoins could undermine HKD in CBDC paper
28.4.2022
Hong Kong’s financial watchdog says it is concerned over the rising popularity of stablecoins, as it invites the public to give their say on the merits and challenges of e-HKD
Hong Kong Monetary Authority Invites Views on Retail CBDC
27.4.2022
The Hong Kong Monetary Authority has issued a discussion paper inviting views on the key issues around a central bank digital currency (CBDC)
Standard Chartered Bank Enters the Metaverse
26.4.2022
Standard Chartered Bank has become the latest major bank to enter the metaverse. The bank has acquired “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.” Standard Chartered Bank Forays Into the Metaverse...
Virtual Insurer and German Giant Munich Re Team Up to Offer Digital Asset Insurance
11.4.2022
Hong Kong-based virtual insurer OneDegree has entered into a three-year strategic partnership with German reinsurer Munich Re to launch OneInfinity, a new digital asset insurance product.
OneDegree says its product is an insurance and technology offering designed specifically for digital asset...
Hong Kong’s OneDegree Inks Deal with Reinsurer Munich Re to Launch Digital Asset Insurance
11.4.2022
Currently, only 1.5% of assets held by global exchanges and custodians are insured
First Mover Asia: What’s in HSBC’s Metaverse Fund for Hong Kong, Singapore Private Banking Clients?; Bitcoin Declines
11.4.2022
The financial services giant has been short on specifics, and the mystery underscores the difficulties in defining what belongs in such products; ether also falls
UK, US, India, Singapore See More Crypto-Related Regulations, EU Bans High-Value Provision of Crypto Services to Russia + More News
8.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: UK, US, India, Singapore See More Crypto-Related Regulations, EU Bans High-Value Provision of Crypto Services...
HSBC debuts metaverse investment fund in Asia: Report
6.4.2022
Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March
New crypto owners nearly doubled in 3 key regions in 2021: Report
4.4.2022
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021