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Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments

3.9.2021
The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make...

Mysterious And Super Rare Nintendo Game & Watch Discovered At Auction

25.8.2021
A Yahoo Auctions listing in Japan made headlines in the collecting community recently when it offered for purchase a Nintendo Game & Watch that was so rare many people were convinced it was fake.Read more

Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide

15.8.2021
On Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and it shows regions like Vietnam, Indonesia and India have the highest...

Singapore to License Digital Payment Providers, Approves Crypto Exchange

8.8.2021
The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto...

Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny

7.8.2021
Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman...

Binance Restricts Crypto Derivatives Products in Hong Kong, Existing Positions Have 90 Days to Close

7.8.2021
Fresh off the heels of Binance’s last announcement to discontinue crypto derivatives offerings in Germany, Italy, and the Netherlands, the company revealed on Friday crypto derivatives products in Hong Kong will cease as well. Effective immediately, users won’t be able to open...

Binance Halts Derivatives Offerings To Users In Hong Kong Also

6.8.2021
Crypto exchange giant Binance has is imposing restrictions on openings of new derivatives products accounts in Hong Kong, and providing users from the Chinese special administrative region with a grace period of 90 days to close their open positions. “We will be restricting Hong Kong users...

Binance to restrict derivatives trading for Hong Kong users

6.8.2021
Binance is yet to announce an official date for imposing restrictions on derivatives products for Hong Kong users

Crypto Crime Falls in China, Surges in Hong Kong, Reports Reveal

5.8.2021
China’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests. At the same time, its special administrative region of Hong Kong is seeing a spike in crypto-related crime this year, with authorities...

Rothschild’s trust led funding round for Aspen Digital's London expansion

4.8.2021
Aspen Digital aims for the Europe, Asia and Middle Eastern markets, leading the initiative by establishing headquarters in London and Singapore

Digital Yuan to Promote International Use of Chinese Currency, Experts Say

30.7.2021
The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People’s Bank of China is planning to conduct...

South China Morning Post to tokenize 118-year-old archive with NFTs

19.7.2021
Hong Kong landmarks like the Kowloon Walled City will be tokenized and showcased in The Sandbox Ethereum-based metaverse

Hong Kong Regulator Warns About Unregulated Cryptocurrency Trading Platforms and Binance

18.7.2021
Hong Kong’s Securities and Futures Commission (SFC) has issued a warning about unregulated cryptocurrency trading platforms, particularly Binance. The regulator said that the crypto exchange is offering the trading of “stock tokens.” The SFC issued a statement Friday warning...

Binance Quits Stock Token Trading as Hong Kong Adds to Mounting Regulatory Pressure

17.7.2021
Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in...

DeNations Hosts NFT Art Exhibition, Celebrating Genesis Block of the DeNations Art Chain

17.7.2021
PRESS RELEASE. Defi and blockchain-powered Metaverse, DeNations launches NFT art minting platform, giving away free yield-bearing NFT art to NFT art collectors DeNations is a blockchain-powered metaverse platform based in Hong Kong that everyone can own nations, build cities/civilizations, and earn...

Hong Kong Busts Money Laundering Ring Using Tether to Wash Millions

16.7.2021
Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. Money Laundering...

Smuggler Arrested With CPUs Strapped To His Body

14.7.2021
Last week customs officials working at the Hong Kong–Zhuhai–Macau Bridge stopped a truck driver who they thought was looking “nervous”. With good reason; after searching him they found the dude was literally strapped with concealed...CPUs.Read more